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recent news

Life Sciences NS Extends BioPort Pitching Deadline

  • Aug 22, 2024
  • Avery Mullen

Life Sciences Nova Scotia, the provincial industry group, has extended the deadline for startups to apply to pitch at BioPort Atlantic, the region’s main biotech conference — but only until this Friday.

Slated to be held September 18 and 19 at the

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Volta, Dal Launch New Program for AI Startups

  • Aug 20, 2024
  • Avery Mullen

Halifax innovation hub Volta’s new startup program for AI companies, a joint project with Dalhousie University, reflects an increased focus by the organization on using partnerships to maximize resources, CEO Matt Cooper said in an interview

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Pureflow Recognized by Genesis

  • Aug 19, 2024
  • Avery Mullen

Pureflow, which has developed a high-tech tampon capable of detecting toxic shock syndrome and other infections, was victorious at Newfoundland and Labrador startup hub Genesis’s Pitch & Pints competition for startups from its Evolution accelerator.

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QuickFacts Raises $2M

  • Aug 16, 2024
  • Avery Mullen

A year after its first major equity funding raise, Halifax-based QuickFacts has closed a $2 million oversubscribed round led by Sandpiper Ventures on the back of strong user growth.

Also among the round’s investors are Mark Dobbins’ Killick

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East Coast Startups Raised $77M in Q2

  • Aug 15, 2024
  • Avery Mullen

Three of the four Atlantic provinces continued a trend of weak fundraising performance in the second quarter, new data from the Canadian Venture Capital and Private Equity Association shows, but Newfoundland and Labrador helped salvage a

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SONA Acquired by Celero

  • Aug 13, 2024
  • Avery Mullen

Bedford, N.S.-based payment processing startup SONA has been acquired by Nashville's Celero Commerce for an undisclosed sum.

Founded in 2016 and previously called SonaPay, SONA makes payment processing systems, including hardware and software, for

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Meta Files for Bankruptcy

  • Aug 13, 2024
  • Avery Mullen

Less than three months after Dartmouth-based Meta Materials said it was laying off 80 per cent of its workforce, the one-time unicorn has filed for bankruptcy.

Though the announcement did not appear on the company website, Meta on Friday filed for

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Veer Picks Fosen to Build Hydrogen Container Ship

  • Aug 12, 2024
  • Avery Mullen

Lunenburg, N.S.-based Veer Group has chosen a shipbuilder to construct the first two of its 100-metre hydrogen- and sail-powered container vessels: Fosen Shipyard of Stralsund, Germany.

The companies announced they had signed a letter of intent

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Ocean Startup Challenge Seeks Applicants

  • Aug 09, 2024
  • Avery Mullen

The Ocean Startup Project is seeking applicants to its Ocean Startup Challenge, a competition that offers young bluetech companies up to $25,000, as well as mentorship and business development support.

Hosted by national industry group the Ocean

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Invest NS Made $3.2M of VC Deals in FY24

  • Aug 08, 2024
  • Avery Mullen

Invest Nova Scotia made $3.2 million of venture capital deals during the fiscal year that ended March 31, funding disclosures from the provincial economic development agency show.

The money was spread across seven deals, all but two of which

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Dalhousie Receives Additional $10M for National Battery Hub

  • Aug 07, 2024
  • Avery Mullen

Dalhousie University will receive $10.15 million to establish a national research hub for battery technologies.

Dubbed the Canadian Battery Innovation Centre, or CBIC, the project is receiving about $8 million from Natural Resources Canada’s Energy

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Propel Announces Traction and Growth Grads

  • Aug 05, 2024
  • Avery Mullen

Virtual startup accelerator Propel has announced the seven companies graduating from the latest cohort of its Traction and Growth program for scaling companies.

Traction and Growth is meant for startups with more developed operations than those in

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