Milk Moovement Countersues Dairy LLC

Halifax’s Milk Moovement is embroiled in a trade secrets and antitrust legal battle in the United States with one of its competitors, Texas-based Dairy LLC.

Milk Moovement, which last summer raised a US$20 million Series A funding round, was sued by Dairy LLC in California District Court in Dec. 2021 for allegedly basing parts of its supply chain management software for dairy farming

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Planet Hatch Offers Accelerator for Immigrant Entrepreneurs

Fredericton startup hub Planet Hatch has opened applications for its Business Immigrant Essentials Accelerator, which promises entrepreneurship training tailored to the specific needs of new Canadians.

The five-week program will offer participants resources and support around Canadian business culture and customs, as well as business standards and best practices.

Entrepreneurs will also receive

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Kraken Robotics Made $40M Revenue in 2022

St. John’s-based Kraken Robotics has hired a new chief technology officer in the wake of finishing its absorption of fellow Newfoundland and Labrador company PanGeo Subsea and increasing its annual revenue by more than 50 percent.

Founded by former Canadian Navy officer Karl Kenny and now led by CEO Greg Reid, Kraken released a financial update last week saying it booked about $40 million in

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Fintech Incubator Now Available to Atlantic Companies

Industry group Atlantic Fintech and incubator Fintech Cadence have inked a deal to make the Montreal innovation hub’s online training and support services available to East Coast startups.

The Fintech Hub, as Fintech Cadence dubs its service, is a rolling intake online incubator that offers pre-Series A companies access to workshops, peer networking, one-on-one coaching and in-kind services.

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Dal Innovates Seeks Collide Applicants

Dal Innovates has opened applications for the winter cohort of its Collide training program for budding entrepreneurs.

Aimed specifically at university students, the Collide program promises to teach participants the basics of customer discovery and de-risking their startup, as well as preparing them for other Dal Innovates programming, such as its Ready2Launch and Lab2Market accelerators.

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ReelData Raises US$8M

ReelData, the Halifax company that makes artificial intelligence for land-based aquaculture, has raised a US$8 million (C$10.7 million) Series A funding round as it looks to commercialize its second product offering next quarter.

ReelData’s first product was an AI system for determining how much fish farmers should feed their animals and thereby reducing waste, dubbed ReelAppetite. Its second

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