PLATO Raises $2M, Working on $10M

Fredericton’s PLATO Testing, an Indigenous information technology services and training company, has raised $2 million from Vancouver-based Raven Indigenous Capital Partners and plans to roughly double its staff over the next year.

The deal is a step towards making good on a promise CEO Keith McIntosh made when he founded PLATO to eventually transfer majority ownership to Indigenous hands, since

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TechImpact Spearheads Employment Push for Ukrainians

TechImpact, a New Brunswick industry group for information technology, is at the forefront of a private sector movement in the province to help resettle and employ knowledge workers displaced by the war in Ukraine.

The organization has created a webpage with resources for both Ukrainian refugees and companies interested in hiring them, including a link to a provincial registry of employers

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Ocean Supercluster Funds Indigenous Careers Program

Canada’s Ocean Supercluster said Tuesday it will spend $750,000 on a program to help Indigenous people transition to careers in the ocean economy, topped off with another $250,000 from the Vancouver-based Clear Seas Centre for Responsible Marine Shipping.

The funding announcement follows-up a pilot program with 11 participants in the middles of their careers, all of whom successfully pivoted to

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Precision Launches Hemophilia B Test

Precision BioLogic, a Halifax medtech company that sells diagnostic testing supplies, has launched a new product for the bleeding disorder Hemophilia B.

The Hemophilia test, recently approved by Health Canada, is in response to increasing market demand for chromogenic assays and is the only Hemophilia B test of its kind available in the country, Precision said in a statement. Chromogenic assays

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Genesis Seeks Evolution Applicants

Newfoundland and Labrador’s Genesis startup hub has put out a call for applications for the summer cohort of its eight-week Evolution startup accelerator, with a May 18 deadline.

Genesis bills Evolution as a “pre-incubator” course meant to prepare young companies for longer programs, such as its own, three-year Enterprise incubator. Evolution promises to help entrepreneurs clarify their

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L2M-NSERC Fall Applications Open

Researchers are invited to apply for Lab2Market-NSERC, Canada’s first national research commercialization program.

Lab2Market, a program developed by several universities to commercialize research, has partnered with the Natural Sciences and Engineering Research Council of Canada, or NSERC, a federal organization that funds researchers, especially those working with industry. The two groups are

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Innovasea Unveils Tagless Fish Detection

Boston-based Innovasea has begun testing a new tagless technology that can detect, count and classify fish in real time using a combination of imaging sonar, optical cameras and artificial intelligence. 

The technology has been shown in early trials to be 90 percent accurate in properly counting and identifying wild fish, Innovasea and its partners said in a statement.  Innovasea, whose main

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