Volta Unveils Ecosystem Awards

Volta, the Halifax-based startup hub, has recognized six Atlantic Canadian groups and individuals with its annual Ecosystem Impact Awards, which it announced last week.

Launched in 2019, the Ecosystem Impact Awards recognize the people who are having a positive impact on the support system for startups in the region.

“The efforts of each company, individual and supporter in our community

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Dissecting East Coast Startup Valuations

Our valuations panel at Entrevestor Live should shed light on a long-standing question for many East Coast founders: how do startup valuations in Atlantic Canada compare with other places?

This question has been in the air for years, and no doubt the answer will change as time goes on. Certainly, the impression is that investors can find more attractive valuations in Atlantic Canada than in

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Drinkable Water Wins Ready2Launch

Drinkable Water Solutions, a Halifax-based team developing a graphene-based sensor to monitor water quality, has won Dalhousie University’s Ready2Launch pitch competition.

Ready2Launch is a three-month accelerator that helps participants to commercialize scientific research. It is part of the Dal Innovates suite of programs that promises to teach entrepreneurial skills to students and

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MOC Readies Bioprinting Tech

When Ali Mousavi and Arash Helmi joined the Startup Visa program sponsored by Nova Scotia venture capital Crown corporation Innovacorp, it was not from their home country of Iran, but thanks to a South Korean startup competition.

Mousavi and Helmi are the co-founders of Magic Organ Cloner, or MOC Biotechnologies. In 2019, they were in Korea to compete in the BIXPO innovation conference’s

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Sperri Sales Surge After Award

Halifax-based Novagevity is celebrating a surge in demand for Sperri its organic, plant-based meal replacement drink, and is raising funds to finance staffing, R&D and distribution.
 
The company is about half-way through a Series A round in which it hopes to raise $5 million, after closing an over-subscribed angel funding round last year.
 
Novagevity was co-founded in 2019 by serial
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Lab2Market Oceans Launches Year 2

Ocean Startup Project has announced 22 participating teams have been accepted into the second year of the Lab2Market Oceans program, which aims to produce commercial applications for academic research.

Lab2Market Oceans teams comprise researchers from academic institutions, as well as faculty supervisors and industry mentors. The teams work with instructors who provide feedback and coaching

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3D BioFibR Raises $700K

Halifax advanced materials startup 3D BioFibR has raised $700,000 in what it describes as an “oversubscribed follow-on round,” marking the company’s second six-figure raise since its founding last year.

3D BioFibR was incorporated in July, 2020 and had raised $550,000 by October of the same year. The most recent round included capital from Halifax’s Concrete Ventures and Toronto’s Globalive

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