SkinFix Sells SweetSpot

Halifax-based SkinFix has divested its SweetSpot Labs line of women’s health products in a deal with Miami-based private equity shop AOI Capital.

Launched in California in 2003 by entrepreneur Shari Creed, SweetSpot was bought by SkinFix in 2015 in a bid to round out its own line of skincare products. SweetSpot sells a range of genital health products for women for treating issues such as razor

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Resson Calls Time

Resson, the Fredericton developer of artificial intelligence systems to advise farmers about how to care for crops, has wound up its operations and officially been dissolved by Corporations Canada as of Wednesday, according to a regulatory filing in India.

In a letter to the National Stock Exchange of India, mandated under that country’s security laws, farm equipment giant Mahindra said it was

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Genesis, CapIntel Win at Ecosystem Awards

Two startup support organizations, an economic development specialist and a social venture focused on alleviating food insecurity were among the winners Wednesday of the fifth annual Ecosystem Impact Awards.

Hosted by Halifax startup hub Volta at Dalhousie University’s Ocean Sciences Building, the awards recognize founders and members of support organizations who have made significant

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Futurpreneur Returns to In-Person Events

After a break due to the pandemic, Futurpreneur is offering in-person business support and potential funding in Nova Scotia and New Brunswick.

Futurpreneur is a national non-profit providing financing and mentoring to aspiring entrepreneurs. Upcoming events include Rock My Business (RMB), which will resume in Halifax and Moncton.

RMB is a free workshop series designed to help young

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Oneka Raises $12.5M

Sherbrooke, Que.-based Oneka Technologies has closed the $12.5 million first tranche of its Series A funding round, which included Invest Nova Scotia and was led by British Columbia’s Hoffecker family, with plans to raise up to another $10 million.

Oneka is developing seawater desalination buoys powered by wave energy in an effort to address the high energy requirements of conventional systems.

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Tribe Launches Halifax Office

Halifax-based Tribe Network, which offers national startup support services to BIPOC entrepreneurs, has officially opened its new, two-storey office on Barrington Street.

The property, located near City Hall, will not only house Tribe’s operations, but also act as a community and knowledge-sharing hub for racialized entrepreneurs, chief executive Alfred Burgesson said during an event Wednesday.

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Mysa Launches Affordable Fifth Product

St. John’s-based Mysa Smart Thermostats has launched its fifth product, Mysa LITE, which is a low-cost version of its flagship control system for electric baseboard heaters.

The new thermostat is positioned as an affordable way for consumers to cut down on their electricity bills by automatically adjusting the heaters to minimize energy consumption.

The announcement comes two months after Mysa

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Propel Unveils Vision & Validation Cohort

Online startup accelerator Propel has announced the 16 companies participating in its Vision and Validation program, which is its new training program for the founders of early-stage companies.

Nova Scotia and Newfoundland and Labrador both have five startups in the cohort, while four are from New Brunswick and two are from P.E.I. The program started July 12, and focuses on teaching new

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