Breathe Halfway in $5M Raise

Moncton medtech startup Breathe BioMedical is halfway through a $5 million funding round, with soft commitments for more.

CEO Steve Graham said in an interview that of the $2.5 million Breathe has raised so far, about 80 percent has been drawn from New Brunswick investors. He said one reason for this is New Brunswick’s Small Business Investor Tax Credit, which offers angel investors a

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Parados’s McCarthy Wins Mitacs Award

Pascal McCarthy, CEO of Fredericton-based Parados Cerebral Solutions, is one of five Canadian businesspeople to win this year’s Mitacs Entrepreneur Awards.

McCarthy won the National Change-Agent Entrepreneur title. His company is developing a system to use sensors in mouthguards and along athletes’ spines to measure the force of head impacts, such as when football players tackle each other.

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Focus FS, Dräger Target Ontario Mines

Focus FS, a St. John's-based workplace safety software maker, has deepened its partnership with German safety company Dräger to help increase sales in the Ontario mining market.

Focus FS announced Tuesday that it would partner with Dräger Canada over several years to work with Ontario Mine Rescue to help improve mining safety. They will deploy the Focus FS Emergency Response software at over 30

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Clever Fruit Joins Tasmanian Accelerator

Halifax-based Clever Fruit Products, which uses fermentation to produce fruit-based food supplements, will be one of 10 companies to participate in Australia’s FoodTech Tasmania accelerator as it looks to diversify its product offerings.

Clever Fruit CEO Sean Sears said in an interview that he hopes to use the 12-week accelerator as an opportunity to explore producing fermented versions of a

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PragmaClin Wins $47K from Bounce

PragmaClin, a St. John’s company that is developing software that lets Parkinson’s patients assess their condition at home, won $47,500 in the first ever Bounce Health Innovation Embryo Grants competition.

Bounce, the organization that supports life sciences companies in Newfoundland and Labrador, awarded over $100,000 in prizes at an event last week. The prizes were awarded in four categories;

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Delicious Brains Sells IP

Truro software developer Delicious Brains has sold a raft of its intellectual property to Austin, Texas-based WP Engine.

The deal includes five WordPress plugins — pieces of software that enhance website design tool WordPress — that collectively boast about a combined 4 million users. Among the products changing hands is Delicious Brains’ popular Advanced Custom Fields tool, which allows users

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NBIF Event to Showcase AI in NB

The New Brunswick Innovation Foundation this month will host a conference to encourage the adoption of artificial intelligence in the province.

The conference titled R3: Accelerating AI Innovation will take place at the Delta Hotels Beausejour in Moncton on June 23. You can find more information and register here.

The R3 series used to be biennial awards for researchers whose work has

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