recent news
Innovation District Showcases Listed Firms
One of the big changes in the regional innovation ecosystem in the past few years is the growing importance of publicly listed companies.
This month, our reporter Avery Mullen takes a look at the phenomenon in the region’s largest city in an
Microsoft Honours 2 NB Companies
Fredericton cybersecurity company Bulletproof has won the Security category in the 2021 global Microsoft Partner of the Year Awards, while Kognitiv Spark, also of Fredericton, was a finalist in two categories.
The companies were honored among a
ACOA Lends OceanSync $94K
The Atlantic Canada Opportunities Agency has lent $93,888 to Halifax-based OceanSync Data Solutions to help the company develop weather data solutions for the shipping industry.
The federal economic development agency issued a press release Friday
Quebec’s Oneka Plans NS Base
Sherbrooke, Que,-based Oneka Technologies has raised $5.5 million in a round of equity and non-dilutive funding led by Nova Scotia venture capital Crown corporation Innovacorp, and plans to establish a base in Atlantic Canada.
Founded in 2015 by
Planet Hatch Readies Entrepreneurship Training
Fredericton Entrepreneurship hub Planet Hatch has bagged $164,000 in federal funding to expand its job training service, the Future of Work Skills Program.
The money will be provided by the federal government’s Future Skills Centre, which was
Swarmio Listing Spurred by Venture Gap
When video game technology company Swarmio Media filed a prospectus last month to go public on the Canadian Securities Exchange, it bucked convention by tapping public markets at a much earlier stage than most companies.
Now, CEO Vijai
Swarmio Going Public on CSE
Video game technology company Swarmio Media, which has offices in Halifax, Sydney and the Toronto area, is preparing to go public on the Canadian Securities Exchange in a deal that will raise about $5 million.
The listing represents a pivot from
PEI Bio Sector Aims for 4X Growth
The PEI BioAlliance has released its 2021-25 Strategic Plan, setting in motion its plan to almost quadruple private sector revenue in the Island’s bioscience cluster to $1 billion within nine years.
Now 16 years old, the BioAlliance is a
NS To Cut Regulation in Business
The Nova Scotia government’s Economic Growth Council has issued its first set of recommendations, which focus on reducing the regulatory burden and treating housing as a strategic growth sector.
The provincial government released the 16
Meta Readies Commercial Plant for 2022
Metamaterial Inc., the Dartmouth-based advanced materials developer that last week became Atlantic Canada’s first publicly traded unicorn, said on an investor call Tuesday that it expects to complete its first commercial production facility in the
CDL Oceans Graduates 12 Startups
Twelve companies have graduated from the first cohort of Creative Destruction Lab Oceans, meaning a total of 17 oceantech startups have now graduated from the accelerator.
While the Atlantic Canadian CDL group previously accepted oceantech
Side Door Closes US$3M Round
Side Door, the Halifax startup that arranges performances at unconventional venues, has closed an equity funding round of US$3 million (C$3.7 million), with which it hopes to increase its presence in the U.S.
Entrepreneurs Laura Simpson and Dan
