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CDL Oceans Graduates 12 Startups

  • Jul 06, 2021
  • Peter Moreira

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

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Side Door Closes US$3M Round

  • Jul 05, 2021
  • Peter Moreira

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

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3D Planeta Raises $1M-Plus

  • Jul 05, 2021
  • Avery Mullen

Fredericton geomapping startup 3D Planeta has raised just over $1 million in equity investment in a two-stage seed round, with a third stage planned to bring the total to $1.25 million in the coming months.

The company is building software for

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BioInnovation Challenge Seeks Entrants

  • Jul 05, 2021
  • Avery Mullen

Life sciences industry group BioNova is looking for startups to compete in its annual BioInnovation Challenge, which will be held virtually again this year and offer a $55,000 prize of funding and in-kind services.

Now in its eleventh year, the

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Female-Led Firms Under-Funded

  • Jul 04, 2021
  • Avery Mullen

Atlantic Canada looks set to post a banner year for startup funding, but one category of company represents a well of untapped potential: those led by women.

Companies with women in their c-suites are not only underrepresented in the innovation

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The Emergence of Mega-Rounds

  • Jun 29, 2021
  • Avery Mullen

Atlantic Canadian startups are on track to raise more than $800 million in equity capital this year, buoyed by eight- and nine-figure deals from a new breed of super-elite companies.

When Dartmouth-based advanced-materials-maker Metamaterial

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Nasdaq Elevates Meta to Unicorn

  • Jun 28, 2021
  • Avery Mullen

Atlantic Canada has minted its first publicly traded unicorn: Dartmouth’s Metamaterial Inc.

The company began trading on the Nasdaq stock exchange Monday thanks to a reverse acquisition of Texas-based Torchlight Energy Resources. By the close, Meta

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MareComms, Sedna in MassChallenge

  • Jun 28, 2021
  • Peter Moreira

Two Dartmouth-based oceantech startups, Marecomms and Sedna Technologies, have been accepted into the MassChallenge accelerator, one of the top startup programs in the U.S.

Participation in the prestigious program would benefit any startup, but it

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Nine Enter Innovacorp Accelerate

  • Jun 28, 2021
  • Avery Mullen

Nova Scotia venture capital Crown corporation Innovacorp has announced nine participants for the inaugural cohort of its revamped Accelerate program.

The program will replace both the old, longer program of the same name and the shorter Sprint

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GoodLeaf Starts Montreal Plant

  • Jun 27, 2021
  • Peter Moreira

Vertical farm operator GoodLeaf Farms announced last week it expects to break ground on a new indoor vertical farm in the Montreal area by autumn – its first expansion since building its Guelph, Ont. plant in 2019.

Founded by Halifax entrepreneur

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Job Openings: Passiv, Dalhousie U

  • Jun 27, 2021
  • Peter Moreira

Our Jobs of the Week column today features a pair of openings: Fredericton-based Passiv is looking for a Marketing Associate, while Dalhousie University in Halifax needs a Manager for its Mentorship Skills Project.

Passiv has developed software

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Startups Land $1b in Funding in 30 Months

  • Jun 24, 2021
  • Peter Moreira

Atlantic Canadian startups have raised more than $1 billion in growth capital in the last 30 months, according to research released today by Entrevestor.

Today we're publishing the 2020 Atlantic Canadian Startup Data Report, which shows that East

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