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Deacon Says ‘Privatize Innovacorp’

  • Aug 04, 2021
  • Avery Mullen

Colin Deacon, the Halifax startup founder turned senator, says Nova Scotia should privatize its venture capital Crown corporation Innovacorp and instead become a limited partner in a basket of private-sector VC funds.

Deacon co-founded BlueLight

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Aeolus Wins Pitch & Pick

  • Aug 03, 2021
  • Avery Mullen

Aeolus, the Newfoundland and Labrador-based maker of portable ventilators, has won startup hub Genesis’s Pitch & Pick competition, as well as the event’s Community Choice Award for its coronavirus-inspired technology.

The company is building a

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Commercializing Cognitive Testing

  • Aug 03, 2021
  • Avery Mullen

For most of academia, the pandemic has been a trial by fire, as researchers grappled with the question of how to do science without ready access to labs. Last spring, Katie McKearney was no exception.

A master’s candidate and psychology

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Parados Readies Beta Test

  • Aug 03, 2021
  • Avery Mullen

Fredericton’s Parados Cerebral Solutions is preparing for a beta test of its data analytics platform for tracking and preventing head injuries in sports, likely beginning in the fall.

Founded in 2020, Parados is using sensors in mouthguards and

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Kraken Closes $10 Million Raise

  • Jul 27, 2021
  • Avery Mullen

St. John's-based Kraken Robotics said Monday it has closed a deal, announced last week, to raise $10 million from a consortium of investment bankers, who will then have the option to sell their stock on the TSX Venture exchange.

The $10 million

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VC Check-In: Innovacorp Eyes Self-Funding

  • Jul 26, 2021
  • Avery Mullen

Nova Scotia venture capital agency Innovacorp's portfolio is performing so well that the provincial Crown corporation is hoping to self-finance its operations going forward without government support, according to Vice-President of Investment Andrew

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AffinityImmuno, UWO To Test Compound

  • Jul 25, 2021
  • Peter Moreira

Charlottetown-based life sciences company AffinityImmuno Inc. is teaming up with the University of Western Ontario to conduct animal tests on a compound they believe can battle COVID-related viruses.

Founded by the husband-and-wife team of Jonathan

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Venn Wins TECNA Award

  • Jul 25, 2021
  • Avery Mullen

Moncton startup hub Venn Innovation has been honoured by the Technology Councils of North America as part of their third annual TECNA Innovation Awards, winning the Innovative Member & Client Services award for its Venn Garage incubator.

Venn

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Scale Up Atlantic Canada: Cohort 2

  • Jul 24, 2021
  • Peter Moreira

The University of New Brunswick has named the nine Atlantic Canadian companies going through the second cohort of Scale Up Atlantic Canada, which helps companies accelerate their revenue growth.

In 2018, the university’s J. Herbert Smith Centre for

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EY Entrepreneur of the Year Winners

  • Jul 22, 2021
  • Peter Moreira

EY Canada has named seven winners in the Atlantic division of the 2021 Entrepreneur of the Year competition.

The global consultancy this week revealed the winners for all Canadian regions, including the Atlantic winners. These regional winners will

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Eyeread Focuses on Edtech Platform

  • Jul 21, 2021
  • Peter Moreira

Having sold its Squiggle Park online reading game, Halifax-based edtech company Eyeread is planning to focus on developing a platform that can be used to deliver educational content, including games, to students.

Bellevue, Wash.-based DreamBox

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Propel Unveils Vision and Validation

  • Jul 21, 2021
  • Avery Mullen

Online startup accelerator Propel has announced the 16 companies participating in its Vision and Validation program, which is its new training program for the founders of very early stage companies.

Six of the companies are from New Brunswick, five

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