Metamaterial Inc., the Dartmouth-based advanced materials developer that last week became Atlantic Canada’s first publicly traded unicorn, said on an investor call Tuesday that it expects to complete its first commercial production facility in the first half of 2022.

Meta achieved unicorn status thanks to a reverse listing on the Nasdaq that left it with a market cap of more than C$2.7 billion.

Twelve companies have graduated from the first cohort of Creative Destruction Lab Oceans, meaning a total of 17 oceantech startups have now graduated from the accelerator.

While the Atlantic Canadian CDL group previously accepted oceantech companies into its general program, the 2020-21 session was the first with a stream dedicated to oceantech companies. It attracted 20 companies from nine

Side Door, the Halifax startup that arranges performances at unconventional venues, has closed an equity funding round of US$3 million (C$3.7 million), with which it hopes to increase its presence in the U.S.

Entrepreneurs Laura Simpson and Dan Mangan founded the company in 2017 with the mission of building a platform that would connect music acts with people willing to host performances in

Life sciences industry group BioNova is looking for startups to compete in its annual BioInnovation Challenge, which will be held virtually again this year and offer a $55,000 prize of funding and in-kind services.

Now in its eleventh year, the pitching competition will be held during BioPort Atlantic -- the annual conference for life sciences and biotech in Atlantic Canada -- between November 2

Atlantic Canada looks set to post a banner year for startup funding, but one category of company represents a well of untapped potential: those led by women.

Companies with women in their c-suites are not only underrepresented in the innovation community, but also raise far less money on a proportional basis than do male-run businesses. Entrevestor’s 2020 Startup Data Report, released last

Atlantic Canadian startups are on track to raise more than $800 million in equity capital this year, buoyed by eight- and nine-figure deals from a new breed of super-elite companies.

When Dartmouth-based advanced-materials-maker Metamaterial started trading on the Nasdaq Monday thanks to a reverse acquisition, it raised $198.1 million and became Atlantic Canada’s first publicly traded unicorn.

Atlantic Canada has minted its first publicly traded unicorn: Dartmouth’s Metamaterial Inc.

The company began trading on the Nasdaq stock exchange Monday thanks to a reverse acquisition of Texas-based Torchlight Energy Resources. By the close, Meta boasted a market capitalization (the total value of its shares) of about US$2.2 billion, or more than C$2.7 billion.

The deal is part of a trend of

Two Dartmouth-based oceantech startups, Marecomms and Sedna Technologies, have been accepted into the MassChallenge accelerator, one of the top startup programs in the U.S.

Participation in the prestigious program would benefit any startup, but it is especially significant in the development of Marecomms, whose solution aims to improve communications with autonomous underwater vehicles, or AUVs.

Nova Scotia venture capital Crown corporation Innovacorp has announced nine participants for the inaugural cohort of its revamped Accelerate program.

The program will replace both the old, longer program of the same name and the shorter Sprint accelerator. It will be completely virtual and focus on oceantech, medtech, agtech and cleantech. The program is meant for companies that have established

Vertical farm operator GoodLeaf Farms announced last week it expects to break ground on a new indoor vertical farm in the Montreal area by autumn – its first expansion since building its Guelph, Ont. plant in 2019.

Founded by Halifax entrepreneur Gregg Curwin in 2011, GoodLeaf grows micro greens indoors year-round using data science, LED lighting and advanced watering and fertilizing techniques