recent news
Deacon Says ‘Privatize Innovacorp’
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
Aeolus Wins Pitch & Pick
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
Commercializing Cognitive Testing
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
Parados Readies Beta Test
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
Kraken Closes $10 Million Raise
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
VC Check-In: Innovacorp Eyes Self-Funding
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
AffinityImmuno, UWO To Test Compound
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
Venn Wins TECNA Award
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
Scale Up Atlantic Canada: Cohort 2
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
EY Entrepreneur of the Year Winners
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
Eyeread Focuses on Edtech Platform
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
Propel Unveils Vision and Validation
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
