recent news
3 Volta Cohort Winners Split $75K
Three early-stage startups – PragmaClin Research, dependbuild and Easy Platter – were awarded $25,000 each Wednesday evening as winners at the 10th Volta Cohort pitching event.
Ten companies from across Atlantic Canada pitched before a crowd of
Pressto Raises $1.5M
New York- and Halifax-based education technology startup Pressto has raised a $1.5 million round of pre-seed funding led by Halifax’s Tidal Venture Partners, with New York edtech fund Copper Wire Ventures and a handful of angel investors also
ACOA Funds Five NS Startups
The Atlantic Canada Opportunities Agency has announced a raft of funding deals for Nova Scotia companies, including five startups, as part of the federal government's Jobs and Growth Fund, created last summer to buttress the economic recovery after
Innovacorp Wins CVCA Deal of The Year
Nova Scotia venture capital agency Innovacorp has won the Canadian Venture Capital and Private Equity Association’s Venture Capital Deal of the Year award for its headline-making $104 million exit from advanced materials startup Meta Material.
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CarbonCure Wins SDTC Accolade
Dartmouth’s CarbonCure Technologies, which sells carbon sequestration technology for the concrete industry, has won another accolade. This time, it is among 10 companies recognized by federal agency Sustainable Development Technology Canada as
TrojAI Makes List of Top 100 AI Startups
Saint John-based TrojAI, which makes cybersecurity software for artificial intelligence systems, has been recognized as one of the 100 most promising AI startups in the world by New York startup intelligence group CB Insights.
CB Insights this week
Founders, BAIs Sought for Startupfest
Several startup organizations have come together to generate a major Atlantic Canadian presence at Startupfest in Montreal this summer and are branding the initiative Startup Atlantic.
In particular, the organizers are hoping business accelerators
PLATO Raises $2M, Working on $10M
Fredericton’s PLATO Testing, an Indigenous information technology services and training company, has raised $2 million from Vancouver-based Raven Indigenous Capital Partners and plans to roughly double its staff over the next year.
The deal is a
TechImpact Spearheads Employment Push for Ukrainians
TechImpact, a New Brunswick industry group for information technology, is at the forefront of a private sector movement in the province to help resettle and employ knowledge workers displaced by the war in Ukraine.
The organization has created a
Ocean Supercluster Funds Indigenous Careers Program
Canada’s Ocean Supercluster said Tuesday it will spend $750,000 on a program to help Indigenous people transition to careers in the ocean economy, topped off with another $250,000 from the Vancouver-based Clear Seas Centre for Responsible Marine
Atlantic Startups Raised $64M in Q1: CVCA
Atlantic Canadian startups booked a solid $64 million worth of capital raises in the first quarter of 2022, according to data released Tuesday by the Canadian Venture Capital and Private Equity Association.
It was the best fundraising quarter since
Ulnooweg, COVE Fund 3 R&D Projects
The Samqwane’jk Ocean Partnership Initiative, a joint project between Ulnooweg Development Group and Dartmouth’s Centre for Ocean Ventures and Entrepreneurship, or COVE, has announced an undisclosed amount of funding for a trio of Indigenous-run