Paytic Acquires UK-Based GUPPY-AI

Charlottetown-based Paytic has acquired GUPPY-AI for an undisclosed price, a move that has led to the launch of a new product suite called PayTic Intelligent Components.

The companies announced the development Wednesday in LinkedIn posts, with Paytic describing the launch as a milestone for the financial payments industry.

“Paytic Intelligent Components marks a defining milestone — shaped by

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In its 4th Month, Mettara Books US$40K in ARR

Yash Mehta is more interested in the quality than the quantity of early adopters as he plots the growth of four-month-old Mettara AI, which now has annual recurring revenue of US$40,000.

Yes, you read that correctly. Halifax-based Mettara was only an idea on New Year’s Day. But in the few months since, Mehta and Co-Founder Steve Day have launched the product, found paying customers, and been

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Applications for CDL-Atlantic Cohorts Open

Halifax-based Creative Destruction Lab Atlantic is looking for applicants for its 2026-2027 general and oceantech programs.

The Atlantic Canadian branch of the Toronto-based organization is currently seeking founders for two programs: the Prime Stream, which is open to companies in any sector; and the Oceans Stream for bluetech ventures.

CDL is a nine-month, milestone-based accelerator that

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SiftMed Eyes 4X growth in ARR this Year

Having recorded a $2.7 million funding round and 10X revenue growth in 2025, St. John’s-based SiftMed now hopes to book more sales – including enterprise clients – and capital in 2026.

In fact, Co-Founder and CEO Holly Hill revealed in an interview that the company’s ambition for this year is to increase its annual recurring revenue, or ARR, by four times. Assuming revenues and ARR are roughly

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Venn Pitch Competition Awards $7,000

Moncton-based startup hub Venn Innovation has announced the three winners of its pitch contest, held on March 28. The contest brought together 11 teams who pitched their ventures for a chance to win $7,000 in prize funding.

The winners of the contest were:

First place, winning $4,000: Trek.iQ, founded by Avery Cote.

The company is developing accessibility intelligence for venues and events,

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NACO Calls for $750M in Startup Support

NACO Canada, the national organization for angel investors, is recommending the federal government address the funding gap for early-stage startups with two programs costing $750 million.

The group – officially the National Angel Capital Organization – released a white paper last week with recommendations on how Ottawa should support smaller startups through its $1.75 billion venture capital

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Parados Eyes More Partnerships

With more than 1,000 active users, Fredericton-based Parados is seeking partnerships with long-term care and home care organizations as it scales its gait-analysis software.

Founder and CEO Pascal McCarthy said in an interview the company blew through the threshold of 1,000 active users and five-digit cumulative sales in 2025, driven by early adopters across research, education, and care

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TrojAI Partners with NY-based Wiz

Saint John-based TrojAI has announced it has partnered with New York cybersecurity firm Wiz as part of the American company’s release of its new AI Application Protection Platform, or AI-APP.

Founded by James Stewart and Stephen Goddard in 2019, TrojAI sells cybersecurity software to guard artificial intelligence systems against having malicious code injected via training data. The company is

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Climative Launches Platform for Insurers

Climative has launched a new data platform aimed at helping insurers translate climate risk assessments into practical actions for homeowners, as the industry faces rising losses from extreme weather.

The platform, announced last week, is designed to provide insurers with insights into risks such as wildfire and flooding for specific properties. It also offers step-by-step guidance that

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Plaex Aims for Summer Launch

PLAEX Building Systems, which converts waste into modular building blocks, is working on a $3 million raise as it prepares for a launch this summer.

The Moncton-area company has secured $1 million to date and is seeking an additional $2 million in equity financing to put it in a position to begin delivering its products to customers in the coming months. The funding will support the transition

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