Two of the 20 companies selected as Canada’s Top 20 Moonshot Ventures by NACO Canada hailed from Atlantic Canada – Mount Pearl, NL-based Solace Power and Halifax-based innerlogic.

When NACO – the National Angel Capital Organization – held its annual summit in Ottawa last month, it featured its 20 Moonshot startups, which got to pitch to investors at the conference. NACO revealed the names of these ventures earlier this month.

“These founders represent the bold ideas, entrepreneurial drive, and global ambition within Canada’s innovation economy,” said NACO Chief Executive Claudio Rojas in a statement. “The Moonshots Venture Showcase is designed to elevate the country’s most promising ventures by connecting them with the capital and networks they need to scale.”

Innerlogic Founders Bryce Tully and Mike Bawol were inspired to launch the Halifax-based company after working for Canada’s Olympic team, Tully as a mental performance consultant and Bawol as a data analyst. Their software is designed to replace cumbersome employee surveys with the more nuanced conversations with staff that are now possible thanks to AI, and then analyze the results for deeper insights about an organization’s culture.

It’s worth noting that innerlogic – a Techstars alum that raised $1.3 million last year – was nominated by Maple Leaf Angels of Toronto, showing that East Coast startups are having success drawing attention from funding groups outside the region.

Since starting at the Genesis Centre at Memorial University in 2007, Solace has grown into a global leader in delivering wireless electronic charging on an industrial level. It now holds 34 families of patents, meaning the patents for one piece of technology issued in several countries.

In January, that company said that Boeing, one of the world’s largest aircraft manufacturers, had committed $10.3 million to help Solace expand its capacity for making wireless charging products.