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recent news

Gray Wolf Partners With SmartLedger

  • Apr 26, 2022
  • Avery Mullen

Fredericton cybersecurity startup Gray Wolf Analytics has inked a “strategic partnership” agreement with blockchain service company SmartLedger. The deal will include some integration of the two companies' product offerings, as well as SmartLedger

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AVSS Makes Strong Showing in Federal Testing

  • Apr 26, 2022
  • Avery Mullen

Aerial Vehicle Safety Solutions, the Rothesay, NB, maker of safety equipment for drones, says it has finished a $1.1 million federal testing contract with flying colours and is about to start pursuing a larger government sale.

The original deal was

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Planetary Wins US$1M XPRIZE Interim Award

  • Apr 24, 2022
  • Avery Mullen

Halifax’s Planetary Technologies has won a US$1 million Milestone Award from the new US$100 million Carbon Removal XPRIZE.

The latest version of the XPRIZE, which is funded by the Elon Musk Foundation and will award its grand prize in 2025, has

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ACOA, Feds Distribute $2.9M

  • Apr 24, 2022
  • Avery Mullen

The federal government has announced $2.89 million of funding for innovation-related projects in Halifax and Cape Breton as part of its COVID-19 recovery package.

The money comes from the Atlantic Canada Opportunities Agency, via the federal

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3 NS Companies Vie for Next Carbon XPRIZE

  • Apr 22, 2022
  • Avery Mullen

This Earth Day, we're recognizing a trio of Nova Scotian companies that are vying for the new US$100 million Carbon Removal XPRIZE, slated to be decided in 2025. Halifax’s Planetary Technologies and Reazent have both entered the competition as

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ABK Starts Human Trials

  • Apr 21, 2022
  • Avery Mullen

Halifax medical device maker ABK Biomedical has begun human trials for its Eye90 microspheres — tiny, mildly radioactive glass spheres visible on x-rays and CT scans, which can be injected into patients and used to view the size and shape of

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Snorble Raises $12.3M at $50M Valuation

  • Apr 20, 2022
  • Avery Mullen

Halifax’s Snorble has raised US$10 million or C$12.3 million from a single investor, New Jersey-based GK Venture Partners, valuing the company at US$40 million or C$50.1 million.

The deal, which CEO Mike Rizkalla said in an interview is effectively

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Farmers’ Truck Sales on a Tear

  • Apr 20, 2022
  • Avery Mullen

Moncton social venture The Farmers’ Truck nearly doubled its sales last year as pandemic-related economic woes increased food insecurity in some parts of the United States.

CEO Fredéric Laforge said in an interview that “food deserts,” which are

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Volta Calls for Pitches

  • Apr 20, 2022
  • Avery Mullen

Halifax startup hub Volta is looking for companies to participate in its next quarterly Pitch Competition.

The competitions offer budding entrepreneurs the chance to practice giving a three-minute pitch to a panel of judges. Winners are chosen

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Resqunit Bags 30K-Unit Order

  • Apr 14, 2022
  • Avery Mullen

Norwegian oceantech company Resqunit A/S, which maintains an office in Halifax via subsidiary Resqunit Canada Inc., has announced a “breakthrough order” from Shippagan, New Brunswick-based Entreprises Shippagan — a major wholesaler for the

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Celtx Acquired by Backlight

  • Apr 13, 2022
  • Avery Mullen

St. John’s-based Celtx, which makes scriptwriting and project management software for the film and video game industries, has been acquired by media holding company Backlight in a buyout funded by growth equity firm PSG.

The deal is part of a

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Smart Energy Event Seeks Pitches

  • Apr 13, 2022
  • Avery Mullen

The annual Smart Energy conference has opened applications for its startup competition, the Smart Energy Pitch Challenge.

The winner of the competition, which is presented by OKR Financial, will bag a $5,000 cash prize from Innovacorp. The

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