recent news
Sound Blade Medical Names Barman CEO
Halifax-based Sound Blade Medical, which has developed a handheld, ultrasound-powered tissue-cutting tool (histotripsy therapy), has appointed Neil Barman CEO.
The company, which raised US$16.5 million (C$23.8 million) in a Series A round in
SmartSkin Borrows $7.5M from CIBC
Fredericton-based internet-of-things venture SmartSkin Technologies has borrowed $7.5 million from CIBC Innovation Banking and intends to use the money to expand its market reach.
SmartSkin and CIBC issued a press release announcing the credit
Melamoon Seeks Black Founders
The national Melamoon pitch contest is offering Black founders the chance to win $200,000 in prizes, mentorship, and national exposure.
Melamoon is a national opportunity for Black founders who are ready to scale, Halifax-based Tribe Network, a
NB Report Calls for New IT Strategy
TechImpact, the New Brunswick-based IT advocacy group, has laid out a 10-year plan to increase the province’s tech revenues to $1.7 billion from under $1 billion today.
Working with economist David Campbell of Jupia Consultants, the organization
PEI BioAlliance Names Lauren Ledwell CEO
Charlottetown-based PEI BioAlliance has appointed Lauren Ledwell its new Chief Executive Officer.
Ledwell brings extensive experience in business transformation, venture capital, and system innovation to the sector, the industry group said in a
TLT Backs Eigen Innovations
TLT East Ventures, a new Atlantic Canadian venture capital fund, has invested in Fredericton-based Eigen Innovations, an industrial AI company that uses thermal imaging and AI to enhance real-time quality control in manufacturing.
TLT is led by
Falling Walls Set for Sept. 15
Falling Walls Lab Atlantic Canada will host a pitching event at the Halifax Central Library on Sept. 15, offering Atlantic Canadians an entry into the international Falling Walls competition.
Falling Walls Lab is an international pitch competition
Mara Raises US$9.1M from S2G
Mara Renewables, the Halifax company that produces omega-3 products from algae, has raised US$9.1 million (C$12.6 million) from S2G Investments to expand its production, sales and R&D capacity.
The company issued a press release last week
Life Sciences, Medtech Showed Resilience in 2024
Atlantic Canada’s life sciences and medtech sectors demonstrated resilience in 2024 with notable revenue growth, though equity funding for life sciences companies has fallen in recent years.
Today we’re highlighting the section of our 2024 Atlantic
Weevva Accepted into IFH Lab
Weevva, the Newfoundland and Labrador startup that helps landlords and tenants manage rentals with confidence, has been accepted into the 2025 cohort of the Innovate Financial Health Lab.
The IFH Lab is a national accelerator that supports startups
Dispersa Says Expansion is Under Way
Dispersa, a Laval, Que.-based cleantech company with a development team in Sydney, has posted that it is proceeding with expansion plans after closing a $5.8 million funding round earlier in the year.
Dispersa is developing “biosurfactants” derived
Aruna Revolution Wins Big at StartupFest
Dartmouth-based Aruna Revolution, a women-led company that makes compostable sanitary products from plants, has won the $100,000 Impact Investment Prize at Startupfest 2025.
In Montreal last week, the well-known event that brings together