Genesis, the St. John’s startup hub, has launched Residency, an invitation-only program for founders building venture-scale companies.

Residency is Genesis's highest-tier founder program, and its members were selected by the new Genesis Founders' Council, which comprises leaders from the Newfoundland and Labrador startup community.

In Residency, founders receive structured quarterly feedback

Somru BioScience Inc., a Charlottetown-based contract research organization, has agreed to buy Novus Clinical Research Services Ltd. of Bangladesh to expand its international clinical research operations.

The P.E.I. company announced Wednesday that its affiliate, Somru BioScience (BD) Limited, has signed a definitive agreement to purchase all shares of Novus, a clinical research organization

Saint John-based Versos AI has been accepted into NVIDIA’s startup support program, NVIDIA Inception, the company announced Tuesday.

Versos AI develops technology that helps organizations convert large video libraries into structured datasets that can be used for artificial intelligence training, analytics and other AI applications. The company’s Video Library Intelligence Platform is designed

Saint John-based TrojAI, which has developed cybersecurity systems for artificial intelligence, has been acquired by A10 Networks of Silicon Valley for an undisclosed price.

The two companies announced the acquisition in a statement Monday, saying it will strengthen A10’s ability to deliver sovereign AI security, helping customers control how and where their AI models, data and agents are

St. John’s-based industry association techNL has revealed Andrea King’s appointment as its next CEO.

King takes over from Florian Villaumé, CEO for the last four years, who announced he is stepping down from his role in February this year.

King has worked across the globe and has experience across technology, media, finance, and entrepreneurship, the group said in a statement.  

She has

The head of Canada’s newest investor group believes the Maritimes would be one of the big beneficiaries if the federal government adopts its plans for the innovation ecosystem.

Jesse Wiebe, the Executive Director of the Canadian Startup Capital Association, or CSCA, said in an interview last week that his group’s recommendations could generate more investment activity in Nova Scotia, New

Applications are now open for the 2026 Ocean Startup Challenge, a national program that provides funding and support to early-stage Canadian oceantech startups.

The challenge will award up to $25,000 to as many as 15 startups. Participating companies will also receive mentorship, specialized programming and access to a network of industry experts and ocean-sector partners across Canada.

Now in

Early-bird tickets are now available for the Atlantic Technology Summit 2026, which will take place Nov. 18 in Dartmouth and Saint John.

Organizers say this year’s event will focus on the theme “Secure Velocity,” examining how organizations can adopt artificial intelligence and other digital technologies while maintaining security, trust and operational discipline.

The summit is aimed at

Halifax-based GIT Coatings has launched a new graphene-based propeller coating system and reported expanded adoption of its hull-coating technology by a major international shipping company.

The company unveiled XGIT-VORTEX, a three-layer propeller coating system, at the recent Posidonia 2026 shipping exhibition in Greece, during a ceremony with classification society Lloyd's Register. GIT said

Lab2Market programs delivered by the Ocean Startup Project and designed for participants interested in research commercialization and entrepreneurship are seeking applicants.

The Validate program, hosted by Memorial University in Newfoundland and Labrador is designed to cultivate an entrepreneurial mindset among post-doctoral fellows, graduate students, and faculty. Participants receive a