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NBIF Readies Green Fund

  • Sep 23, 2021
  • Avery Mullen

The New Brunswick Innovation Foundation and Opportunities New Brunswick are launching a climate impact fund to finance private-sector initiatives to mitigate and adapt to climate change, with funding coming from the federal government’s

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Drinkable Water Wins Ready2Launch

  • Sep 23, 2021
  • Avery Mullen

Drinkable Water Solutions, a Halifax-based team developing a graphene-based sensor to monitor water quality, has won Dalhousie University’s Ready2Launch pitch competition.

Ready2Launch is a three-month accelerator that helps participants to

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MOC Readies Bioprinting Tech

  • Sep 22, 2021
  • Avery Mullen

When Ali Mousavi and Arash Helmi joined the Startup Visa program sponsored by Nova Scotia venture capital Crown corporation Innovacorp, it was not from their home country of Iran, but thanks to a South Korean startup competition.

Mousavi and Helmi

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What To Do With Innovacorp’s $101M?

  • Sep 22, 2021
  • Peter Moreira

Talks are now under way between Innovacorp and the Nova Scotia government about what should be done with the $104 million that Innovacorp received from its investment in Metamaterials Inc.

Last week, Entrevestor reported that the Nova Scotia

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Sperri Sales Surge After Award

  • Sep 21, 2021
  • Carol Moreira
Halifax-based Novagevity is celebrating a surge in demand for Sperri its organic, plant-based meal replacement drink, and is raising funds to finance staffing, R&D and distribution.
 
The company is about half-way through a Series A round in which
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CDL Partners With Virginia’s Ocean Visions

  • Sep 21, 2021
  • Avery Mullen

Startup accelerator Creative Destruction Lab’s oceans stream has joined Virginia-based industry group Ocean Visions to offer training to startups gunning for the Carbon Removal XPRIZE -- a cleantech startup competition with a US$100 million prize,

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Lab2Market Oceans Launches Year 2

  • Sep 21, 2021
  • Carol Moreira

Ocean Startup Project has announced 22 participating teams have been accepted into the second year of the Lab2Market Oceans program, which aims to produce commercial applications for academic research.

Lab2Market Oceans teams comprise researchers

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3D BioFibR Raises $700K

  • Sep 20, 2021
  • Avery Mullen

Halifax advanced materials startup 3D BioFibR has raised $700,000 in what it describes as an “oversubscribed follow-on round,” marking the company’s second six-figure raise since its founding last year.

3D BioFibR was incorporated in July, 2020 and

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Appili to Spend US$1M on Covid Drug Trials

  • Sep 20, 2021
  • Avery Mullen

Halifax drugmaker Appili Therapeutics has raised US$1 million from FUJIFILM Toyama Chemical Co. to pay for ongoing clinical trials of the Japanese pharma giant’s favipiravir antiviral medication, which the two companies hope will prove useful in

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Union.Dev Bags ACOA, IRAP Funding

  • Sep 19, 2021
  • Avery Mullen

Halifax’s Union.Dev is deploying its pension-management software at a 30,000-person union in Ontario and has raised $310,000 of non-dilutive funding from NRC IRAP and the Atlantic Canada Opportunities Agency.

The company’s software, dubbed the

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Collaborating to create great companies

  • Sep 19, 2021
  • Peter Moreira

Sponsored Content

Two years ago at the University of New Brunswick, a group of faculty, students and alumni began to toss around an idea: could artificial intelligence (AI) help regulators trace the movement of cryptocurrencies and prevent crime? 

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Innovacorp Books $101M on Meta Exit

  • Sep 19, 2021
  • Peter Moreira

Innovacorp has cashed in on its investment in Metamaterials Inc., banking a gain of $101 million and making a return of almost 35 times.

Nova Scotia’s provincial venture capital Crown corporation invested a total of $3.1 million in 2015 and 2017 in

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