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Hanatech Aims for $50M in Sales

  • Sep 11, 2019
  • Peter Moreira

Aiming to bring advanced data analytics to farmers, Hanatech IoT has publicly stated the ambitious goal of producing annual revenues of $50 million within five years.

The Bedford-based company says it has developed an Internet of Things, or IoT,

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Renk Buys Stake in Modest Tree

  • Sep 11, 2019
  • Peter Moreira

Modest Tree, a Halifax company that makes easy-to-create online training solutions, has received a strategic investment from Augsburg, Germany-based Renk, a member of the Volkswagen group.

The companies announced the investment in a statement last

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H.I.G. buys BioVectra for US$250M

  • Sep 10, 2019
  • Peter Moreira

Charlottetown-based drug manufacturer BioVectra is being sold to U.S. private equity firm H.I.G. Capital for as much as US$250 million (C$330 million) – more than three times the price it sold for almost six years ago.

BioVectra’s owner, British

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The Benefits of Offshore Staff

  • Sep 10, 2019
  • Peter Moreira

Sponsored Content

When Chris Cowper-Smith was planning to hire a new head of sales for Spring Loaded Technology, he wanted to do more than add an executive. He wanted to change the company’s sales processes, focusing on proximity to the customer.

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ICP, NBIF Invest $400K in Stash

  • Sep 09, 2019
  • Peter Moreira

Stash Energy, the Fredericton-based energy-storage company, has raised a $400,000 funding round, with equal contributions from the New Brunswick Innovation Foundation and Island Capital Partners.

The funding comes as the company has received 1,500

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Planet Hatch Launches Accelerator

  • Sep 09, 2019
  • Peter Moreira

Having just reported success in its recent sales training program, Planet Hatch is launching a new accelerator for early-stage companies that includes access to development capital.

The Fredericton-based entrepreneurship hub said last week it

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ACOA, NB Back Smart Grid Project

  • Sep 08, 2019
  • Peter Moreira

The federal and New Brunswick governments are contributing $7.8 million to help the University of New Brunswick further develop its smart grid initiative.

The Atlantic Canada Opportunities Agency said in a statement that the Fredericton-based

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Buckle Joins Sequence Bio

  • Sep 06, 2019
  • Carol Moreira

Sequence Bio, the St. John’s-based biotechnology company that is conducting a widespread genetic study of Newfoundland and Labrador’s population, has named Joy Buckle its Vice President of Policy and Planning.

In a statement, the company said

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Good and Bad in CVCA Data

  • Sep 05, 2019
  • Peter Moreira

There was good news and bad news for the Atlantic Canadian startup community in the funding data released last week by the Canadian Venture Capital and Private Equity Association, known as CVCA.

The good news: innovation companies based on the East

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MentorCamp Set for PEI Sept. 22-24

  • Sep 05, 2019
  • Peter Moreira

Seven companies have been selected to attend MentorCamp, a rigorous one-day immersion program with mentors from around the world being held later this month in Charlottetown.

Launched in Halifax in 2011 by investor and consultant Permjot Valia,

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Build Closes Fund II, Backs Gemba

  • Sep 04, 2019
  • Peter Moreira

Build Ventures, the Atlantic Canadian seed-stage venture capital firm, has announced the initial close of its second fund at $50.5 million and has invested in a $2.9 million round by Saint John-based Gemba Software Solutions.

Led by partners Rob

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Major Events Coming this Fall

  • Sep 04, 2019
  • Peter Moreira

Now that we’re into September, it’s worth taking a look at the main startup events that will take place in the coming few months.

Sales Atlantic

Sept. 9-10

Sydney

Featuring sales and marketing experts with international reach, Sales Atlantic

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