3 Trends To Watch in the 2nd Half

We’ve just passed the halfway point of 2018, so this is a good time to check the pulse of the Atlantic Canadian innovation community. Note I wrote “innovation community” rather than “startup community.”

The key to understanding how this community is evolving is to try to avoid using the word “startup”. Talking to people in the community, I’ve realized that “innovation” and “scalable” are

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Ocean Supercluster’s Info Sessions

The Ocean Supercluster leadership team will be touring Atlantic Canada next week to host information sessions as it continues to build its operational framework.

The sessions will be an opportunity for stakeholders to hear updates from the leadership team, learn more about membership opportunities and ask questions regarding the overall business model.  

The first session will be held in

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ROV3D Explores Oil Rigs

The offshore oil fields around Newfoundland and Labrador have birthed a city of underwater drills and pipelines that are hard to monitor. New software from WhiteCap Scientific allows oil companies to see and interact with these underwater structures from a desktop.

The St. John's-based company has created ROV3D, which it describes as an upgrade on video inspections traditionally done by remotely

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Feds, PEI Provide $4.4M+ to Somru

Charlottetown-based Somru BioScience on Wednesday announced it is receiving loans and grants totaling more than $4.4 million from the federal and P.E.I. governments.

The company, which is developing a range of products centred around antibody technology for research, diagnostic and clinical applications, told Entrevestor last month it was in the process of raising $7 million. Co-Founder Mohammed

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BC Exit Highlights PEI Bio-Ecosystem

The exit of a life sciences company in British Columbia is highlighting the growing biotech ecosystem centred on Prince Edward Island.

Delta, BC-based Mazza Innovation Ltd. said Tuesday that it has been bought by Milwaukee-based Sensient Technologies, which produces fragrance and flavours, for an undisclosed price. Mazza, which specializes in extracting solvent-free bioactives from botanical

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Fundmetric Signs Major Customers

Fundmetric, the Halifax software company that helps charities increase engagement with donors, has signed a slew of major new clients, pretty well doubling its annual recurring revenues in three months.

The company issued a statement on Monday saying its new clients include Amnesty International USA, Kent State University, and Oregon State University, highlighting its success with large American

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C-Therm Opens New Facility; Receives ACOA Funding

Last week, C-Therm Technologies from New Brunswick received investments totaling $267,500 from the Atlantic Canada Opportunities Agency to help expand its international marketing capacity and grow export markets.

The funding was announced at the grand opening of C-Therm’s new facility in downtown Fredericton. A $50,000 portion of the funds will support the hiring of a lab director, who will help

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Spark Awards $590K to 15 Startups

Fifteen Nova Scotian companies have won a total of $590,000 in grants through Innovacorp’s 2018 Spark Innovation Challenge.

The provincial government’s venture capital and innovation agency announced the winners on Thursday, capping off the second annual province-wide Spark competition.

The goal of the Spark event, which began in Cape Breton five years ago, is to identify promising early-stage

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