Novalte Moves to N.S. to Grow

A project that allows disabled seniors to live more independently has resulted in the company behind the core technology – Novalte – moving from Ontario to Halifax to take advantage of the opportunities and older demographic the province offers.

The Maritimes has the oldest population in North America, on a par with Japan. Novalte has developed technology that interacts with smart devices to

Continue Reading

New Community Startup Group in NL

There’s a new, community-based startup group in St. John’s that aims to tackle some of the gaps in the local ecosystem and support young companies.

ConnectioNL (pronounced “Connectional”) is a volunteer group that now totals about 200 members, and they are working together to improve the ecosystem in three areas: mentorship, access to capital and skills.

“We started in March with 12 people at

Continue Reading

ReelData Enters Techstars AI

Halifax-based ReelData, whose software uses artificial intelligence to analyze video for the aquaculture industry, has entered the Techstars Montreal AI Accelerator.

Founders Matt Zimola and Hossein Salimian joined the latest cohort of the accelerator last week, immediately beginning one-on-one meetings with the range of mentors brought in for the program.

ReelData uses artificial intelligence

Continue Reading

Women’s Fund Eyes Spring Launch

The Atlantic Women’s Venture Fund is now working on closing its fund with a target of $20 million, and hopes to be funding female-led ventures in the second or third quarter of 2020.

Two representatives of the nine-member council overseeing the fund told a session at the National Angel Capital Organization Atlantic Summit in Halifax on Tuesday that the new fund will aim to increase the diversity

Continue Reading

Is Debt Financing Right for You?

Sponsored Content 

The time has come to take a big step forward in the growth of your technology company. Whether you are looking to launch a product, or perhaps expand into new markets, you will need additional capital.

The two most common funding options for tech entrepreneurs are equity or debt financing, which is also called term debt. Although equity financing through the venture capital

Continue Reading

ClearRisk Adds Product, Eyes Raise

St. John’s-based ClearRisk, which makes software for insurers, has launched its next generation data solution ClearRisk Insights to help risk managers use their data more efficiently.

The company issued a statement Monday saying it had launched the new cloud-based product to industry-leading risk managers at the Risk Management Society of Canada Conference in Edmonton.

The company said the new

Continue Reading

BlueLight Names Brad Rodgers CEO

Halifax dental technology company BlueLight Analytics on Monday named local tech executive Brad Rodgers as its new CEO, replacing J.P. Furey.

Rodgers, who will begin his new role Sept. 26, was most recently the Vice-President of Product Management with Innovasea, a Halifax company that provides technology to the aquaculture sector.

“Brad’s proven successes in data analytics, leadership and

Continue Reading