recent news
Swiftsure Closes $2.3M Round
Having successfully completed clinical trials, Pasadena, NL-based medtech company Swiftsure Innovations has raised a $2.3 million seed funding round, led by Pelorus VC.
Founded three years ago by intensive care unit nurse Deanne McCarthy, Swiftsure
Region Raised $57M in Q1, Says CVCA
Atlantic Canadian startups raised $57 million in venture capital through 13 deals in the first quarter – a respectable performance given the decline in venture capital elsewhere in the county.
Atlantic Startups Shed Jobs in Q1
The first quarter of 2023 saw a rare downturn in startup jobs on the East Coast, with total employment in the sector dropping to levels comparable to the worst days of the pandemic, according to data from early stage venture capital fund Concrete
Launching our 2022 Canadian Oceantech Report
If there was a singular achievement of Canada’s oceantech startup community in 2022, it was that it truly became a national community.
Today, we are releasing our 2022 Canadian Oceantech Data Report, our second analysis of the country’s bluetech
MUN Opens The Launch
Memorial University’s Fisheries and Marine Institute this week officially opened the long-awaited marine research lab The Launch in an oceanside location in Holyrood, about 50 kilometers from St. John’s.
The Launch -- formerly known as the Holyrood
Propel Receives $1.05M from NS Government
Virtual startup incubator Propel has bagged $1.05 million of funding from the Nova Scotia government over three years, with CEO Kathryn Lockhart saying some of the money will go to expanding the organization’s five-person coaching staff.
She
Four Atlantic AI Startups to Watch
A surge of new, headline-making artificial intelligence products from global leaders like OpenAI and Google have thrust the field into the public consciousness like never before. End users can now command AI systems vastly more versatile and
Digital NS Opens Upskilling Applications
Information technologies industry group Digital Nova Scotia has opened applications across Atlantic Canada for its new, $3.7 million jobs training program, which it announced earlier this year.
Dubbed Skills for Hire Atlantic, the initiative is a
Sandpiper Wins National Innovation Award
All-female venture capital fund Sandpiper Ventures has won Best Investment Innovator from this year's Canadian Business Innovation Awards, run by Canadian Business magazine.
Founded in 2020 by former Newfoundland and Labrador Finance Minister Cathy
Charcoal Names Mike Cyr COO
Charcoal Marketing has announced that Mike Cyr, long a pillar of the organization, is its new Chief Operating Officer.
Cyr has been an integral part of the Charcoal team for five years. He is a specialist in digital media and played a key role in
ACOA Funds 4 Cleantech Startups
The Atlantic Canada Opportunities Agency has announced about $2.8 million worth of loans for a quartet of cleantech startups, including Halifax’s Graphite Innovations & Technology, or GIT, which last month closed a $10.2 million series A funding
Supercluster Seeks Offshore Renewables Projects
Canada's Ocean Supercluster is asking for project proposals related to scalable renewable energy projects.
The Supercluster, which arranges joint funding agreements with private sector consortiums, is particularly interested in backing projects