Myomar Aims For Regulatory Approval This Summer

Myomar Molecular hopes to use some of the $1.1 million funding round it just closed to win Health Canada approval for its muscle health test by the end of June, as the company prepares for another raise later this year, CEO Rafaela Andrade said in an interview Friday.

The deal, which included a mix of equity and non-dilutive funding, was led by a Nova Scotia angel investor, with the Atlantic

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P.E.I. Offers $500K for Cleantech

The Prince Edward Island government has created a new research and development fund to back cleantech projects.

Companies, post-secondary institutions and Indigenous communities will be able to apply for funding worth 80 percent of their project costs to a maximum of $500,000. To be eligible, an organization's work must be related to energy efficiency, renewable power, grid resiliency or

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EmployNXT Launches Human Resources AI

Halifax-based human resources startup EmployNXT will launch its product Monday with a focus on its beachhead markets of Atlantic Canada and Ontario, as CEO Shubhra Singh eyes a six-figure capital raise.

Singh originally created EmployNXT as a LinkedIn group for women in the technology sector who wanted to share advice and resources when she started in the industry in the early 2000s. Now,

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Aurea Recognized by Coralus

Aurea Technologies, the Halifax maker of portable wind turbines, is one of 10 companies to be accepted into social impact investor Coralus’s Canadian list of 10 Selected Ventures to watch.

Coralus, an international industry group founded in Toronto in 2015, invests in women-led companies with the help of funds crowdsourced from its members. Aurea is the only Atlantic Canadian business to make

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Volta Seeks Investment Day Startups

Halifax startup hub Volta is looking for applicants to the spring edition of its Investment Day event, which it hosts in collaboration with accelerator Creative Destruction Lab Atlantic.

The event will be held at Volta’s new offices in downtown Halifax’s Armoyan Centre on May 14 and will give 12 seed-stage and Series A companies the chance to pitch to an audience of venture capitalists from

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CarbonCure Reaches 50 Million Cubic Yards of Concrete

About 50 million cubic yards of concrete have now been produced using the technology of Halifax clean concrete star CarbonCure, the company said Wednesday, with 800 systems having been licensed to clients across 35 countries.

The milestone comes as CEO Rob Niven and his team aim to help sequester 500 million tonnes of carbon dioxide annually starting by 2030 with the help of their technology for

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If You Raised Capital Last Year, Please Read This

If you raised equity capital in 2023, please – PLEASE – take a few minutes and complete our confidential survey. It will help the whole startup community.

This is a critical time for startup funding, especially for early-stage startups. With rising interest rates and economic uncertainty, many founders are telling us that it’s an especially challenging time for securing capital.

We’re now

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SudDrop Offers Laundry Delivery

A Halifax student athlete hopes to make his laundry subscription service a slam dunk with busy consumers.

Saint Mary’s University basketball player Jayrell Diggs is the founder of SudDrop, which offers to collect dirty laundry from users' homes and return it washed and folded. It was the experience of trying to fit laundry into his hectic schedule that inspired Diggs to launch the business at

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BIOVECTRA Signs Supply Chain Partnership

Charlottetown drug-maker BIOVECTRA has signed a supply chain partnership deal with a quartet of other life sciences companies as part of a project from NGEN, the federal manufacturing Supercluster.

The project will see BIOVECTRA share supply chain resources with: Toronto's CCRM, which produces regenerative medicine-based technologies and cell and gene

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