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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Dunphy Joins East Valley Ventures

East Valley Ventures, the Saint John-based investment group, has named serial tech entrepreneur Brian Dunphy as an Executive-in-Residence.

Dunphy, who will continue his position as General Manager of Cvent Canada, posted on Facebook on Tuesday that East Valley Chair Gerry Pond has offered him the position. As Executive-in-Residence, he will help the executive teams of the 28 companies in the

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Appili Signs Manufacturing Deal

Halifax-based Appili Therapeutics Inc. has signed a manufacturing agreement for one of its drug candidates that could become a vaccine used to combat biological warfare.

The company, which is developing anti-infective drug candidates, issued a statement Tuesday saying it has signed a partnership with Alachua, Fla.-based Ology Bioservices to manufacture Appili’s drug candidate ATI-1701.

The U.S.

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Five Claim DNS Diversity Awards

Digital Nova Scotia has recognized five individuals or organizations with Digital Diversity awards for their contributions to diversity and inclusion in Nova Scotia’s tech sector.

Digital Nova Scotia, which represents the IT industry in the province,  initiated the awards in 2016 to highlight inspiring and influential female leaders working in the tech sector. This year, the awards have been

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Lockhart Wants ‘Baby Unicorns’

Kathryn Lockhart has a vision for Atlantic Canada: A farm of baby unicorns.

Lockhart is almost through her second month as Chief Executive of the regional tech accelerator Propel, and she’s good with its long-term goal of producing an Atlantic Canadian tech unicorn. (A unicorn is a company with a $1billion valuation.)

But in the medium-term, she’d like the region to aim to produce several

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Fundmetric Signs Texas Tech

Halifax-based Fundmetric, which helps non-profits raise more money from philanthropists, has signed up Texas Tech University, one of its largest clients to date.

Fundmetric started seven years ago with a goal of helping charities enhance their engagement with donors. U.S. colleges and universities have become its main market, and the multi-year contract with Texas Tech adds to its list of major

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16 Startups To Present at AVF

Sixteen Atlantic Canadian companies will present at the Atlantic Venture Forum next week – a virtual event due to the pandemic.

Calgary-based Critical Path Group, which stages the forum for startups and investors, had considered waiting until next spring to hold its next in-person event. But given the uncertainty about how long the pandemic will last, the company has decided to proceed with a

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Cvent Aims to Hire 20-30 in Region

After increasing its Atlantic Canadian staff 30-fold in the past six years, Cvent is hiring again, hoping to add 20 to 30 people in the region.

The maker of software for the event and hospitality industries has been a growth story in the region since it bought Fredericton-based OneLobby in 2014. It was seen at the time as a fire sale of a troubled company, but it ended up being one of the more

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