recent news
MIMOSA Raises Capital
Eight months after it launched its product in the United States and four months after winning Health Canada approval, Halifax- and Toronto-based MIMOSA Diagnostics has closed a funding round for an undisclosed amount, led by California’s Kern
Fisheries Department, Efficiency NS Fund Glas Ocean
The Nova Scotia Department of Fisheries and Aquaculture and non-profit Efficiency Nova Scotia have announced a $6.5 million, three-year funding program to bolster electrification in the seafood industry, including through a demonstration study with
Rise Eyes Partnerships, Manufactured Home Builders
Rise, the Fredericton B-Corp specializing in sustainable home renovation materials, has signed what CEO Matt Daigle hopes will be a series of marketing partnerships with the stars of home improvement TV shows.
In an interview Monday, Daigle said a
Four Funding Takeaways from AVF
Entrepreneurs and investors gathered at the Halifax Convention Centre last week for the Atlantic Venture Forum, in what organizers at the Atlantic Canada Opportunities Agency described as a bid to foster bridge-building between the East Coast
Propel Announces Companies Joining Validation
Virtual startup accelerator Propel has named six companies participating in its Validation program for very early-stage founders.
The course focuses on teaching new entrepreneurs how to validate their business ideas and follow lean startup
Tribe Network Seeks START Applicants
Halifax-based Tribe Network is looking for applicants to its START accelerator for Black founders running early-stage companies.
The 10-week program promises to teach founders core entrepreneurship skills like how to access funding, as well as
Myomar Wins Health Canada Nod
Myomar Molecular, which is developing tests for monitoring muscle health, has won Health Canada approval, clearing the way for it to begin selling its product to customers through healthcare providers, such as physiotherapy clinics.
Chief Executive
BlueGrid Builds Working Vessel-to-Grid System
Halifax-based BlueGrid and its partners have built what they believe to be the first working vessel-to-grid energy transfer system in the world, making it possible for boat owners to sell power back to local utilities.
BlueGrid, formally Rimot, was
2023 Funding Marked by Stealth Deals, Weak Angel Activity
Stealth funding deals proliferated in Atlantic Canada in 2023, while angel investment reached its lowest ebb in at least eight years.
Those are among the findings of Entrevestor’s 2023 Atlantic Canada Startup Data Report, with the unannounced
Planetary Readies for Second Year of Testing
In the wake of successful testing with Dalhousie University last summer, Dartmouth climatetech startup Planetary Technologies is preparing to repeat the collaboration in the coming months.
Founded in Ottawa in 2019, Planetary is developing a
CarbonCure Launches in Emirates
Halifax-based cleantech star CarbonCure has formally launched its technology in the United Arab Emirates, a market worth tens of billions annually and forecast to grow strongly, on the back of deals with several large companies in the region.
Technow Named BIOTECanada Chairman
Oliver Technow, the CEO of Charlottetown drug manufacturer BIOVECTRA, has been named the new chair of industry group BIOTECanada.
Technow, who leads a company that is among the largest and fastest-growing players in the Prince Edward