Graham To Lead Sandpiper Ventures

The Atlantic Women’s Venture Fund is launching its first fund, Sandpiper Ventures. Danielle Graham, a well-known proponent of diversity in entrepreneurship, has been named the fund's Investment Principal.

Graham will oversee the distribution of a planned $20 million fund to female-led businesses across Canada, with investments tentatively slated to begin in three to six months.

A group of

Continue Reading

Deloitte Fast 50 Seeks Entries

Deloitte has opened applications for its 2020 Technology Fast 50 program, which recognizes the fastest-growing IT companies in the country based on four years of revenue data.

Now in its 23rd year, the Fast 50 is a benchmark for success in high-growth tech companies. Though Atlantic Canadian companies have frequently failed to make the list of the 50 fastest-growing tech companies in the

Continue Reading

Bioscience Now No. 2 Export Sector on PEI

A study sponsored by the PEI BioAlliance has found that the bioscience sector was the province’s second-largest export industry in 2018, but CEO Rory Francis said in an interview that infrastructure and labour constraints represent obstacles to future growth.

Bioscience accounted for $214 million of GDP, or about 4.4 percent of the provincial economy, and $405 million of direct economic output,

Continue Reading

Outcast, Greenhouse to Make New Food Products

Halifax-based Outcast Foods has teamed up with Toronto's Greenhouse to reduce food waste by creating new products. Outcast will upcycle pulp byproduct from Greenhouse’s juice processing operation to produce dried fruit and vegetable powders.

Outcast Foods turns surplus fruits and vegetables into whole plant powders. This reduces food waste, decreases greenhouse gases and makes nutrients in food

Continue Reading

The Farmers’ Truck Relieves Food Deserts

A 2019 pivot has allowed Moncton-based social enterprise The Farmers’ Truck to become cash-flow positive and expand outside of Canada.

CEO Fredéric Laforge and co-founder Mathieu Reyjal originally conceived of the company as a mobile produce store, which they planned to franchise. Now, they sell specially customized trucks to non-profits. The charities then use the trucks to distribute healthy

Continue Reading

Somru Adapts Platform for COVID-19

Charlottetown-based Somru BioScience Inc. is adapting its antibody platform to assist in developing therapeutic and diagnostic solutions for COVID-19 and other infectious diseases.

The company has been developing a range of products centred around antibody technology for research, diagnostic and clinical applications. The products have been mainly used so far in research, with clients in 27

Continue Reading

Reazent Accepted Into IndieBio

Reazent, an agtech company that has moved to Nova Scotia under the Startup Visa program, has been accepted into the IndieBio accelerator in Silicon Valley.

Startups in the prestigious accelerator receive a US$250,000 (C$350,000) equity investment, which will provide initial development capital for its bio-stimulants – organic fertilizers and pesticides that protect plants against disease and

Continue Reading

T4G Acquired by National Firm MNP

T4G has been purchased for an undisclosed price by national accounting and consulting firm MNP, which wants access to the target company’s expertise in data analytics and machine learning.

Though headquartered in Toronto, T4G is one of the pillars of the Atlantic Canadian tech community with offices in Halifax and Saint John. It was the driving force behind the Big Data Congress, which was a

Continue Reading

Datolite’s Sales Grow Despite COVID-19

In the wake of acquiring a division of a data analytics consultancy, New Brunswick legal software firm Datolite Solutions continues to see strong sales despite COVID-19.

Datolite, which used a distributed work model even before the pandemic, has seen increased demand for its products as paper processes become increasingly unworkable.

Director Patrick Langlais said in an interview that the

Continue Reading