Arolytics Eyes U.S. Expansion

When Arolytics raised $3.5 million last month it did so on the back of 250 percent revenue growth from 2021 to 2022, as governments in Canada and the United States tee up stricter methane emissions rules governing oil and gas projects.

Liz O’Connell, Chief Executive of the Halifax- and Calgary-based maker of environmental reporting software, said in an interview that the new funding will go

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Climatetech Heating Up: Tom Rand

Atlantic Canadian cleantech companies like Dartmouth-based superstar CarbonCure and Halifax’s Arolytics, which recently raised $3.5 million, stand to benefit from a broad shift in attitudes towards environmental technology plays from investors not just on the East Coast, but industry-wide, according to ArcTern Ventures managing partner Tom Rand.

In an interview Friday, he said that despite a

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Genesis Anounces Pitch & Pick Finalists

Newfoundland and Labrador innovation hub Genesis has announced the six companies it has selected to compete in a revised version of its Pitch & Pick startup competition Nov. 15, this time with $15,000 of prizes on offer.

The winner of the Pitch & Pick Invitational, which has drawn its competitors from Genesis’ Evolution “pre-incubator,” will take home $10,000 this year, compared to $2,000 in

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Life Sciences NS Offers Mentorship Program for 12 Execs

Industry group Life Sciences Nova Scotia is looking for applicants to the 2024 cohort of its CEO Circle mentorship program, though space is capped at 12 entrepreneurs.

The program is designed to facilitate peer-to-peer mentoring between executives from the world of biotech and life sciences innovation, and will run from January to June of next year, with a final event at Life Sciences Nova

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Greenlight Launching HarvestIQ

Greenlight Analytical, the Halifax maker of testing equipment for cannabis crops, is launching its first product, the HarvestIQ, on the back of raising about $300,000 over the summer.

The HarvestIQ is a modified mass spectrometer – a machine that analyzes the chemical composition of substances and lists their contents – paired with an artificial intelligence system that will translate the

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Site 20/20 Ranks Sixth in Deloitte Fast 50

Halifax-based Site 20/20 has cracked Deloitte’s prestigious Technology Fast 50 list of Canada’s quickest-growing startups on the back of remarkable 2,392 percent revenue growth from 2019 to 2023.

Led by CEO Mitch Hollohan, Site 20/20’s flagship product is the Guardian SmartFlagger — a piece of equipment designed to replace the human “flaggers” who direct traffic at construction sites. It

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Myomar Nears Commercialization, Almost $1M Raised

Halifax medical testing startup Myomar Molecular is conducting the first beta tests of its product as it nears the close of a $1 million funding round, with $900,000 committed.

Founder Rafaela Andrade said in an interview the testing began in September and will be finished by December. The participants have been recruited from the general population in Nova Scotia and signed up via Myomar’s

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Dal Innovates Seeks Discover Applicants

Dalhousie University is looking for applicants to its Lab2Market Discover program, the precursor program to the school’s Lab2Market Validate accelerator, with two format options: a three-day intensive program and a less condensed, 10-week version.

The program is meant for full-time researchers or advanced students who want to explore whether it could be viable for them to commercialize their

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SiftMed Secures Clients, Wins techNL Award

SiftMed, the St. John’s maker of software that helps law offices and insurance companies organize and search jumbled medical records, has been named Startup of the Year by techNL in the wake of securing its first paying clients.

SiftMed earlier this year raised a $2.7 million seed round led by Halifax-based Sandpiper Ventures, and CEO Holly Hill said in an interview Monday her team has used the

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Halifax Partnership Seeks Circular Economy Food Businesses

The Halifax Innovation Outpost, an initiative of the Halifax Partnership, is offering up to $5,000 for startups to pilot or test circular economy technologies for the food industry, but applications are due by Nov. 13.

The Circular Food Solution Challenge is being hosted by the Partnership in collaboration with the National Zero Waste Council, which is a public sector and industry group led by

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