The East Coast startup community experienced slower growth in 2022 than in the previous years, though a core of leading companies continued to thrive — that’s the conclusion of Entrevestor’s 2022 Atlantic Canadian Startup Data Report, released

Pasadena, NL, medtech company Swiftsure Innovations, which in May raised a $2.3 million funding round led by St. John’s-based Pelorus Venture Capital, has announced its first board of directors.

The five-person board includes CEO Deanne McCarthy,

Fredericton-based Passiv, which last year closed a US$2.2 million or roughly C$3 million seed round following its graduation from the prestigious Silicon Valley accelerator Y Combinator, has bought Bellevue, Washington startup Wealthly for an

Halifax-based Smallfood, one of the stars of the East Coast foodtech scene, is raising a Series A funding round and preparing to open a new plant in Dartmouth that CEO Marc St-Onge expects to generate the company’s first commercial revenue.

He said

Less than a month after the launch of its first two products, Halifax life sciences startup 3D BioFibR has closed an equity-and-debt  seed round worth just over $3.52 million.

Chief Executive Kevin Sullivan said in an interview that the money will

Fredericton-based C-Therm Technologies, which has developed a range of tools for testing materials’ thermal conductivity, plans to expand its offerings with a suite of new products suitable for use in electric vehicle production.

The move comes

The Centre for Ocean Ventures and Entrepreneurship, or COVE, has received a pledge of $8.5 million in funding from the Nova Scotia government to continue its programming over the next five years.

Economic Development Minister Susan Corkum-Greek

MIMOSA Diagnostics, the Halifax- and Toronto-based maker of a medical device for non-invasively assessing tissue health, has raised an undisclosed funding round as it launches in its beachhead market, the United States.

The raise took the form of a

St. John’s-based Mysa Smart Thermostats is launching sales of its products in the European Union amid a broader push to expand and diversity its business.

The announcement comes just two months after Mysa said it had bought the intellectual

The Fredericton cybersecurity community has been shaken this summer by more than 100 layoffs at IBM, though officials in the sector believe it is strong enough to withstand the blow.

The Fredericton Gleaner first reported earlier this month that

Halifax startup hub Volta is looking for applicants to pitch at its Virtual Ocean Tech Pitch Competition on Aug. 23.

The competition will see bluetech founders deliver short pitches and then receive feedback from a panel of of industry experts. The

Dalhousie University’s CDL Atlantic, part of the internationally noted Creative Destruction Lab network of startup accelerators, is still looking for this fall’s Oceans cohort. The deadline to apply is July 28, with programming beginning in October.