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recent news

Mature Entrepreneurs, Immigrants Make Strong Showing at Propel

  • Jan 25, 2023
  • Avery Mullen

Immigrant founders and veteran entrepreneurs are making a strong showing among remote startup accelerator Propel’s resident companies, as the organization mobilizes to meet spiking demand for its services.

Founders over the age of 40 will make up

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A Note to New Founders

  • Jan 23, 2023
  • Avery Mullen

If you founded or co-founded a startup in Atlantic Canada in 2022, this note is addressed to you.

We're adding new startups to our databank and we want to make sure we have as many new companies as possible, including those still in stealth mode. 

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Innovation PEI Funds 5 Companies

  • Jan 22, 2023
  • Avery Mullen

Five startups received grants of $25,000 each from Innovation PEI last fall as part of its Ignition Fund, the agency has announced.

Launched in 2014, the fund has so far backed 80 companies. Several of this round of recipients, including Jems

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Pressto Opens Early Access for Classroom AI

  • Jan 22, 2023
  • Avery Mullen

Pressto, the New York- and Halifax-based maker of edtech software, has opened early access to its artificial intelligence system for teachers.

The system offers teachers personalized prompts for their students, as well as generating lesson plans,

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Cascadia Seaweed Eyes $10M Raise

  • Jan 22, 2023
  • Peter Moreira

Having refocused its business on products for farmers, Cascadia Seaweed is setting out this year to raise about $10 million to fund a bioprocessing plant and the exponential growth of its seaweed production.

The Sidney, BC-based company, which

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Smallfood Receives Food Innovation Network Investment

  • Jan 19, 2023
  • Avery Mullen

Halifax-based Smallfood is one of eight Canadian startups to receive a combined $2.5 million of funding from industry group the Canadian Food Innovation Network.

Smallfood is taking home $98,932, just seven months after the company and one of its

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Kognitiv Spark, ACOA Fund AR Lab

  • Jan 19, 2023
  • Avery Mullen

The Atlantic Canada Opportunities Agency and Kognitiv Spark, the Fredericton maker of augmented reality software, will jointly fund a new augmented reality lab at the University of New Brunswick.

Dubbed the Spatial Computing Education, Training &

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Four Atlantic Companies Receive SDTC Grants

  • Jan 18, 2023
  • Avery Mullen

Four Atlantic Canadian startups are among a group of 25 companies nationally to receive funding from Sustainable Development Technology Canada to develop cleantech or circular economy products.

The federal agency thia week announced grants of

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SMU Seeks Startups to Pitch at VCIC

  • Jan 17, 2023
  • Avery Mullen

The Sobey School of Business at Saint Mary’s University in Halifax will host this year’s Canadian edition of the Venture Capital Investment Competition on March 3 and is calling for startups to participate.

The VCIC is an international competition

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Milk Moovement Countersues Dairy LLC

  • Jan 17, 2023
  • Avery Mullen

Halifax’s Milk Moovement is embroiled in a trade secrets and antitrust legal battle in the United States with one of its competitors, Texas-based Dairy LLC.

Milk Moovement, which last summer raised a US$20 million Series A funding round, was sued

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Planet Hatch Offers Accelerator for Immigrant Entrepreneurs

  • Jan 16, 2023
  • Avery Mullen

Fredericton startup hub Planet Hatch has opened applications for its Business Immigrant Essentials Accelerator, which promises entrepreneurship training tailored to the specific needs of new Canadians.

The five-week program will offer participants

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MIMOSA CEO Cross Receives Toronto Star Nod

  • Jan 16, 2023
  • Avery Mullen

Dr. Karen Cross, the CEO of Volta resident company MIMOSA Diagnostics, has made The Toronto Star’s list of fourteen Canadian entrepreneurs to watch this year.

Cross, a native of Newfoundland and Labrador who is now based in Halifax, is a plastic

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