VC Surged in Region in 2025, Says CVCA
The strong performance was driven by deals in Newfoundland and Labrador and Nova Scotia.
Atlantic Canadian startups raised $348 million in venture capital in 2025, according to the Canadian Venture Capital and Private Equity Association, or CVCA, driven by a
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ABK Closed US$35M Round Last Year
ABK Biomedical late last year raised US$35 million (C$47.9 million) in a Series D financing round to support clinical trials, manufacturing expansion and development of a product to be used in treating liver cancer.
The Halifax-based medical device
Elle, MD Named CIX Startup Award Winner
New Minas, N.S.-based Elle, MD Biotechnologies has been recognized in the Emerging Category of the national CIX Startup Awards run by Toronto-based Elevate.
The awards are the largest national showcase of innovative tech companies, the group said
Applications Open for GreenShoots
Applications have opened for the six-month GreenShoots program, designed for high-potential, early-stage, knowledge-based ventures based in Nova Scotia.
The program seeks innovators in the areas of agriculture, agri-food, bioeconomy, cleantech and
Sustane Reveals Milestones
Chester, N.S.-based Sustane Technologies has announced major project milestones at its advanced recycling facility and welcomed Marc Donaldson as its new project director.
The company converts difficult-to-recycle plastics into valuable resources
Modest Tree Lands $32M Contract
Halifax-based Modest Tree has been awarded a $32 million subcontract by Fleetway Inc. to develop training systems for the Royal Canadian Navy’s future River-class destroyers.
Modest Tree will deliver immersive training platforms built from
