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recent news

NBIF Invests $500,000 in Breviro

  • Oct 18, 2012
  • Peter Moreira

Breviro Caviar Inc, which is commercializing a rare caviar taken from the shortnose sturgeon, has secured a $500,000 venture capital investment from the New Brunswick Innovation Foundation, bringing its total equity raise to $2.5 million.

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Foursum to Launch at PGA Show

  • Oct 17, 2012
  • Peter Moreira

Matt Eldridge and Adam MacDonald have decided to follow that age-old advice about working on your greatest passion, and they’ve figured out a way to combine their proficiency in software with their love of golf.

These two veterans of the Moncton

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New VC Fund Should Just be First Step

  • Oct 16, 2012
  • Peter Moreira

The Regional VC Fund, which launched last week, was created largely to solve the lack of capital in Atlantic Canada.

It was an age-old complaint from entrepreneurs in the region: there simply wasn’t enough capital in these parts to nurture

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Pineau Crowdfunding for New Site

  • Oct 12, 2012
  • Peter Moreira

A Prince Edward Island web designer is crowdfunding for a digital project he hopes will benefit research into diseases or other charitable causes.

Brad Pineau of Charlottetown has created Coding for Cures, a not-for-profit startup that will

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FAN’s TitanFile Funding Oversubscribed

  • Oct 12, 2012
  • Peter Moreira

TitanFile Inc.’s decision to seek financing from the First Angel Network of Halifax has resulted in an oversubscription of the offering by 86 percent – one of the strongest responses in the history of the angel group.

Dartmouth-based TitanFIle,

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Keefe to Manage Regional VC Fund

  • Oct 11, 2012
  • Peter Moreira

The Atlantic regional venture capital fund will be managed by Patrick Keefe, now the Vice-President of Investment at Innovacorp, and include a $5 million contribution from Technology Venture Corp. of Moncton, the three Maritime Provinces announced

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Karma team launches Dystillr

  • Oct 10, 2012
  • Peter Moreira

In launching their new casual gaming analytics tool dystillr, two Karma Gaming execs have used the technology to unveil some troubling trends at the world’s largest social gaming company, Zynga Inc.


Jay Aird and Duncan Gillis have posted a

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Jevon MacDonald in Progress Magazine

  • Oct 09, 2012
  • Peter Moreira

The cover story of this month's Progress is my story on Jevon MacDonald's adventure in Silicon Valley, where he spent months raising his A Round for GoInstant. In the story, MacDonald pooh-poohs the rumours that he hit up existing contacts for

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Changing Lives Via Entrepreneurship

  • Oct 09, 2012
  • Peter Moreira

Like so many other people with health issues, singer-songwriter Peggy Gillis found the recovery from illness was an economic struggle as well as a physical toil. That was why she turned to the Entrepreneurs with Disabilities Network, or EDN, for

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NL, Feds Courted for VC Fund

  • Oct 05, 2012
  • Peter Moreira

The news Thursday that Prince Edward Island will invest $2.5 million in the Regional Venture Capital Fund is just one of many signs that the fund’s organizers are actively courting more sources of capital.

Three sources familiar with the talks

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EventLift Preps for December Launch

  • Oct 04, 2012
  • Peter Moreira

Having bootstrapped for more than a year, Todd Thompson is preparing for a launch late this year of EventLift, an SaaS product that enhances contests by broadcasters or at events.

Based in the Halifax suburb of Hubley, N.S., EventLift simplifies

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DMR Pioneering ‘Bone Glue’ Device

  • Oct 03, 2012
  • Peter Moreira

Having raised $700,000 in equity financing, Dartmouth Medical Research is poised to commercialize a “bone glue” apparatus that it hopes to test on cranial procedures in about two years.

The Halifax-based company has licensed two patents from the

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