recent news
NBIF Spent $4.4M on VC in 2020-21
The New Brunswick Innovation Foundation invested about $4.35 million in equity funding rounds for the province's startups in its 2020-21 fiscal year, as it focused on inking deals to stabilize its existing portfolio companies during the pandemic.
Energia Names 2nd Cohort of 2021
Fredericton-based startup accelerator Energia Ventures has announced its five-company fall cohort -- the second this year, as the program moves to offer more frequent programming in response to increased demand.
The accelerator is run by the
Digital Diversity Awards Honour Five
Industry group Digital Nova Scotia has honoured five people or organizations for their contributions to diversity and inclusion in Nova Scotia’s tech sector in a ceremony held as part of the Centre for Women in Business’s Innovate online event.
Affinio Sold; Staff to Stay On
Halifax data analytics startup Affinio and its 12-person team are being bought by fellow big data company NowVertical Group in a deal worth US$7.3 million or about C$9 million.
The purchase price includes US$6 million cash and US$1.3 million of
CoLab Software Raises C$21M
CoLab Software, the St. John’s-based maker of collaboration software for 3D modelling, has raised a US$17 million (C$21 million) Series A funding round on the back of a fiscal year in which its revenue grew 609 percent.
The round was led by New
Two Articles Focus on Region’s Startups
We’d like to draw your attention to two pieces of content that will be of interest to people who follow the Atlantic Canadian startup community.
Vanessa Balintec of CBC New Brunswick on Monday reported on the under-representation of female and
EcoBloc Joins International Accelerator
Jason Trask, the Entrepreneur-in-Residence at the Memorial Centre for Entrepreneurship, has landed a spot for his new rodent deterrent company in the federal government’s CTA AgTech Accelerator.
A serial entrepreneur, Trask has run companies
Eight Startups To Attend Money20/20
Moncton-based startup hub Venn Innovation will lead an Atlantic Canadian delegation to the world’s largest fintech conference -- Money20/20 in Las Vegas.
The delegation is being backed by the governments of the four Atlantic Provinces and will
Sandpiper Backs Swiftsure
As it develops its portfolio, female-focused venture capital firm Sandpiper Ventures has invested in Pasadena, NL-based Swiftsure Innovations, which is developing a device for cleaning the mouths of people on ventilators to help prevent them from
Eggcitables Boosts Plant-Based Eating
As consumers recognize the link between consumption of animal products and carbon emissions, Hannah Chisholm, Halifax creator of egg-alternative Eggcitables, has received non-dilutive funding from Vancouver’s Earth’s Own group which fights climate
Eastern Health Links with HaloHealth
Aiming to boost innovation in healthcare and the prospects of medtech startups, Eastern Health in Newfoundland and Labrador has partnered with HaloHealth, Canada’s first physician angel group that brings together physicians and early-stage health
AVF Announces Presenting Companies
The Atlantic Venture Forum startup conference has announced the 12 companies that will present at this year’s event -- to be held virtually thanks to COVID-19.
The ninth annual instalment of AVF will be held on Oct 20 and 21. The aim of the
