Volta Cohort Set for Nov 25

Sixteen early-stage startups – most of them based outside Metro Halifax – will pitch for as much as $25,000 each in equity funding at the next Volta Cohort Pitch Event on Nov. 25.

And for the first time, Volta has announced that members of the Volta Cohort are eligible for follow-on funding.

Volta, the Halifax innovation hub, initiated the funding program three years ago, and so far 29 startups

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ACOA Backs Seddi with $477K

Seddi, which is dedicated to the digital design of textiles and garments, has received a $477,075 loan from the Atlantic Canada Opportunities Agency to help build up its commercialization team in Halifax.

With offices in Madrid, New York and Halifax, SEDDI has developed software that can be used to design fabrics and clothes, solving a problem that has bedeviled the global $2 trillion apparel

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Trip Ninja Focuses on Traditional Travel Agents

Halifax travel-planning software company Trip Ninja has pivoted to focus on brick-and-mortar travel agents and finished a major redesign of its platform.

Trip Ninja was originally conceived as a way for consumers using travel-booking websites like Britain’s Globehunters.com to find the cheapest routes for multi-city trips. The revised software, now dubbed QuickTrip, offers travel agents a more

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BioNova Youth Finalists Named

BioNova, Nova Scotia’s life sciences association, has named six student finalists for its BIC Junior youth pitch competition, which will take place at the virtual BioPort conference on November 3.

The contest is intended to inspire Nova Scotia's high school students to create a business idea for the health and life sciences sector that has real commercialization potential.

The contest is

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CBGF Invests in Halifax’s LifeRaft

LifeRaft, a Halifax security intelligence company, has closed a round of funding from the Canadian Business Growth Fund, or CBGF, believed to be worth more than $3 million.

LifeRaft, which said CBGF was the only investor in the round, did not disclose how much money it raised. However, the press release announcing the funding said the Toronto-based fund customarily makes investments of $3

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ReelData Wins at MassChallenge

Halifax’s ReelData AI has won a US$50,000 cash prize as one of the leading companies in the latest cohort of the prestigious MassChallenge accelerator in Boston.

MassChallenge, which receives thousands of applications each year, accepted 100 participants from 12 countries into its 2020 cohort earlier this year, all of them attending remotely. Last week, it announced that 11 of those companies

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New Startups Set Record in 2019

One of the highlights of our 2019 Atlantic Canada Startup Data report was the total number of new companies launched in the region. 

We tallied up 164 new companies last year. Not only was that the best year ever for the creation of new startups, it was more than 40 percent better than any year in which we’ve been researching the Atlantic Canadian startup community.

In the early years of our

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