Four Eyes Financial Targets US

With several large Canadian clients, Four Eyes Financial is turning its sights to the United States market, with the Saint John maker of regulatory compliance software for wealth management businesses planning a roughly two-year expansion push.

Founded by CEO Lori Weir and CTO Kendall McMenamon in 2015, Four Eyes sells its software to back office firms like Winnipeg-based Wellington-Altus

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Sona Nanotech Raises $750K

Dartmouth pharmaceuticals company Sona Nanotech has raised money via a private placement share sale for the second time this year, capitalizing on recent increases in its stock price.

In a statement Monday, Sona, which trades on the Canadian Securities Exchange, said it had sold an additional 3.75 million shares to raise $750,000. The deal comes in the wake of a similar $1.1 million share

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Nine Startups Join Scale-up Hub: Cambridge

Invest Nova Scotia has announced the nine medtech companies participating in the 2023-2024 cohort of Scale-up Hub: Cambridge, its cross-border business development accelerator.

The nine-month program is funded mainly by the Atlantic Trade and Investment Growth Strategy — a joint initiative between the federal government and the four Atlantic provinces that plans to spend $20 million by 2027.

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Invest NS Announces GreenShoots Cohort

Provincial economic development agency Invest Nova Scotia has revealed the companies in its seventh GreenShoots cohort, each of which is receiving at least $10,000 of funding, with two receiving the maximum outlay of $40,000.

GreenShoots offers agtech, biotech and cleantech companies funding and mentorship to develop their ideas. Cleantech made a particularly strong showing this time, with all

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Dispension Diversifies

Halifax-based Dispension Industries, which launched as a seller of smart kiosks for dispensing controlled substances as part of harm reduction programs, is diversifying into alcohol sales, starting with sports arenas.

Chief executive Corey Yantha, who founded Dispension in 2017, said in an interview the move does not represent a pivot, but rather a long-planned expansion of the company’s

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Veristart Fights Construction Vehicle Theft

One reason somewhere between $400 million and $1.36 billion worth of construction equipment is stolen worldwide every year, depending on the estimate, is simply its value, but another reason is that all vehicles of the same model usually share the same key. St. John’s-based Veristart has a possible solution.

Veristart is working on a digital access control system for construction vehicles, using

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Nwogu Studying Processes at Region’s Startups

A Dalhousie University PhD student is investigating best practice among the region’s information technology startups and looking for a few dozen Nova Scotian founders to help him with the study.

Uchechukwu Nwogu, who is working on his doctorate in the Computer Science faculty, is looking into the processes and systems employed by innovation-driven companies in the region.

He will begin by

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