The increasingly difficult environment is taking its toll on the Atlantic Canadian startup community, as a record number of companies in the Entrevestor Databank have failed in 2023.

As we begin to examine the startups in our databank for this

Ocean technology has emerged in recent years as a particular strength of the Atlantic Canadian startup community, with ecosystem intelligence provider Startup Genome ranking the region as the eighth strongest worldwide. St. John's-based Kraken

Kraken Robotics posted record revenue in its third quarter, driven by demand from militaries and offshore energy projects, including for subsea batteries and mine-hunting sonar systems.

In its financial results for the three months ended Sept. 30,

Halifax medical device-maker Hollo’s $50,000 win at the QEII Health Sciences Centre Foundation’s Innovation Den awards comes as the company makes strides towards commercialization, according to CEO Sara Fedullo, including signing a letter of intent

Transport Canada is looking to spend $22.5 million to fund research and development work on low-emission marine propulsion systems over the next five years.

The Clean Vessel Demonstration Stream of the federal agency’s Green Shipping Corridor

Startup Genome, the Silicon Valley group that ranks innovation ecosystems, has released its combined report on cleantech and bluetech ecosystems, building on last year’s bluetech list, with Atlantic Canada improving its showing from 10th to eighth

With several large Canadian clients, Four Eyes Financial is turning its sights to the United States market, with the Saint John maker of regulatory compliance software for wealth management businesses planning a roughly two-year expansion push.

The Canadian Alliance for Skills and Training in Life Sciences, a national industry group led by the P.E.I. BioAlliance and headquartered in its Charlottetown biomanufacturing incubator, is launching a national upskilling program for

Dartmouth pharmaceuticals company Sona Nanotech has raised money via a private placement share sale for the second time this year, capitalizing on recent increases in its stock price.

In a statement Monday, Sona, which trades on the Canadian

Invest Nova Scotia has announced the nine medtech companies participating in the 2023-2024 cohort of Scale-up Hub: Cambridge, its cross-border business development accelerator.

The nine-month program is funded mainly by the Atlantic Trade and

Provincial economic development agency Invest Nova Scotia has revealed the companies in its seventh GreenShoots cohort, each of which is receiving at least $10,000 of funding, with two receiving the maximum outlay of $40,000.

GreenShoots offers

Fredericton economic development agency and entrepreneurship hub Ignite has been honoured by International Economic Development Council for its programming for women and immigrant startup founders, receiving an award for excellence in economic