recent news
SiftMed Eyes 4X growth in ARR this Year
Having recorded a $2.7 million funding round and 10X revenue growth in 2025, St. John’s-based SiftMed now hopes to book more sales – including enterprise clients – and capital in 2026.
In fact, Co-Founder and CEO Holly Hill revealed in an interview
Venn Pitch Competition Awards $7,000
Moncton-based startup hub Venn Innovation has announced the three winners of its pitch contest, held on March 28. The contest brought together 11 teams who pitched their ventures for a chance to win $7,000 in prize funding.
The winners of the
NACO Calls for $750M in Startup Support
NACO Canada, the national organization for angel investors, is recommending the federal government address the funding gap for early-stage startups with two programs costing $750 million.
The group – officially the National Angel Capital
Parados Eyes More Partnerships
With more than 1,000 active users, Fredericton-based Parados is seeking partnerships with long-term care and home care organizations as it scales its gait-analysis software.
Founder and CEO Pascal McCarthy said in an interview the company blew
TrojAI Partners with NY-based Wiz
Saint John-based TrojAI has announced it has partnered with New York cybersecurity firm Wiz as part of the American company’s release of its new AI Application Protection Platform, or AI-APP.
Founded by James Stewart and Stephen Goddard in 2019,
Climative Launches Platform for Insurers
Climative has launched a new data platform aimed at helping insurers translate climate risk assessments into practical actions for homeowners, as the industry faces rising losses from extreme weather.
The platform, announced last week, is designed
Plaex Aims for Summer Launch
PLAEX Building Systems, which converts waste into modular building blocks, is working on a $3 million raise as it prepares for a launch this summer.
The Moncton-area company has secured $1 million to date and is seeking an additional $2 million in
Infralytix To Focus on Hardware, Pilots
Having won $100,000-plus in New Brunswick’s breakthru competition, Infralytics CEO Ethan MacLeod has his sights on developing his hardware and launching some pilot projects to help his young company grow.
At a sold-out event in Fredericton last
Seagreen, AquaPath AI Win at UNB Pitch Event
AquaPath AI from the University of P.E.I. and Seagreen Solutions NB from the University of New Brunswick were the two big winners at the recent Student Pitch Competition at UNB.
Feds Hand $17M+ to St. John’s, Halifax Companies
In two separate announcements, the Atlantic Canada Opportunities Agency has announced loans or grants totalling more than $17 million for eight companies in the St. John’s and Halifax areas.
The federal development agency said last week it was
Kraken Increases Offering to $402.5M
St. John’s-based Kraken Robotics Inc. has increased the amount of money it is raising to support its acquisition of U.K.-based Covelya Group Limited to $402.5 million.
Earlier this month, the oceantech company announced the acquisition of Covelya
We Need AI Founders to Complete our Survey
If you head a young Atlantic Canadian AI startup, we need two minutes of your time.
At Entrevestor, we put out a data report on Atlantic Canadian startups each year after surveying founders across the region. This year, we really want to capture
