recent news
SDTC Backs 4 Atlantic Startups
The federal government’s Sustainable Development Technology Canada, or SDTC, has announced that it will give $52.3 million in grants to a slate of companies whose technology could help the country meet its climate goals, with Atlantic startups
KorrAI In Y Combinator, Raising Funds
Halifax’s KorrAI, which uses artificial intelligence to help assess satellite images of mining sites, has joined the latest cohort of Y Combinator, arguably the world’s most prestigious tech accelerator.
The AI company joined the accelerator’s
Clever Fruit Joins Emergence
Truro’s Clever Fruit Products, which is developing new berry-based food ingredients, has landed a spot in Emergence, the Atlantic Canadian bioscience incubator.
Founded in 2017 and led by President Liam Tayler and Executive Chairman Sean Sears,
Supercluster Unveils $29M in Projects
Canada’s Ocean Supercluster has announced a basket of five projects worth a combined $29 million, of which the Supercluster will pay $12.52 million, with the participating companies spread across Nova Scotia, Ontario and British Columbia.
CEO
How Tranquility Exited to Green Shield
When health insurance giant Green Shield Canada bought virtual therapy startup Tranquility Online in August, the players stayed mum on the specifics of the deal. But at an event Thursday, Tranquility Co-Founder Joel Muise told the story of the
Passiv Joins Y Combinator
In the past year, Fredericton fintech specialist Passiv has raised an $800,000 funding round, grown its assets under management to nearly $2 billion and been accepted into the globally recognized Y Combinator startup accelerator.
Passiv has
Stemble Wins Gerry Pond Award
Jason Pearson, Co-Founder of Charlottetown edtech startup Stemble, has won Propel’s 2022 Gerry Pond Sales Award, which comes with a $25,000 cash prize.
Stemble is developing e-learning software for post-secondary applications, particularly in the
Dispension Launches in Philly
Dartmouth’s Dispension Industries, which makes smart kiosks for dispensing pharmaceutical products and controlled substances, has installed two automated Narcan-dispensing kiosks in Philadelphia with plans to add eight more in the coming months.
Concrete Ventures Books 2nd Exit
Three years after it began investing in startups, Halifax’s Concrete Ventures has booked its second exit. Whitehorse-based Proof, which specialized in automating government processes, has been bought by Toronto’s Daylight.
Daylight Co-Founder and
SMU Wins Two Silvers at VCIC
Two teams of students from the Sobey School of Business at Saint Mary’s University have placed second in Boston University’s edition of the international Venture Capital Investment Competition.
In claiming two silver medals, the graduate and
L2M Cohort Focuses on Women Researchers
Dalhousie University’s latest Lab2Market cohort has a new objective: supporting women in research.
Announced Tuesday, the new cohort includes 11 graduate and post-graduate level women researchers from five Canadian universities, mostly in Atlantic
Sandpiper Invests in Begin AI
Sandpiper Ventures has joined a US$1 million (C$1.27 million) funding round recently closed by Begin AI, whose software helps to personalize applications for consumers without needing expensive artificial intelligence infrastructure.
Sandpiper, an