Halifax medical devices company Mindful Scientific has secured the first commitment of funding en route to a seed round it hopes will be worth $400,000 to $600,000.  

Permjot Valia, a London investor who has invested in several Nova Scotia startups and the author of the Angel Business Blog, has made a commitment to invest in the company, which is commercializing technology that can check for brain injury.  The company recently gained media attention because it hopes its technology will help diagnose brain trauma caused by sports injuries – an incredibly controversial subject.

Mindful

There are few angles of the Halifax Shipyard story that have been overlooked, but none is more glaring than how lucky we are that K.C. Irving and his descendants were  born in the Maritimes.

Billionaires are not in vogue this season, but the Irving family has proven this week that they have done all the region – New Brunswick in particular but the region in general – could ask of them.  For almost a century, they’ve channeled and rechanneled their wealth into tremendous enterprises in Atlantic Canada, and that is a big reason that Irving Shipbuilding won the $25 billion contract

Atwood Technology, a Miramichi software company employing artificial intelligence to provide matching services, will launch its first paying site within weeks, CEO Theresa Williams said in an interview.

The early-stage company, which has attracted New Brunswick tech mentor Gerry Pond to its board of advisers, has devised software that uses artificial intelligence to match individuals with people or organizations that suit their personalities.  The software, says Williams, has several applications and the company will begin with a dating service launched on behalf of a corporate client

Two Newfoundland and Labrador companies have been named to the prestigious 2011 Deloitte Tech Fast 50, and a P.E.I. startup has been named a Company to Watch.

Marport Deep Sea Technologies of St. John’s placed 17^th on the list after its revenues increased 1131 percent over five years. And Verafin, which makes anti-fraud and anti-money-laundering software,  took the 27^th position with an 840 percent growth in revenues over a half-decade.

ScreenScape Networks, which customizes video screen displays for clients, was one of ten companies named to Deloitte’s Companies to Watch list, the

Exits, schmexits! The truly compelling news in the New Brunswick startup community late in 2011 involves entrances.

McKenzie College of Moncton will soon open an accelerator for pre-seed companies, and Propel ICT has announced its Launch 36 program, designed to develop 36 seed-level companies through an advanced accelerator in three years. (Accelerators are similar to business incubators in that they help mentor and often capitalize young businesses, preparing them to survive on their own. As the name suggests, they intend to get the new enterprises off the ground quickly.)

And Mariner

The Telegraph-Journal reported this morning that tech entrepreneurs Gururaj Deshpande and Gerry Pond have made a multi-million-dollar donation to finance the Pond-Deshpande Centre for Innovation and Entrepreneurship at UNB.

This is only the latest nugget of good news for the startup ecosystem in New Brunswick and the region.  The recent exits have boosted capital for investment and there are new accelerators being launched. New Brunswick has a competitive tax regime and is developing an admirable swagger.

So what’s needed now to ensure the region spawns a few more Radian6’s?

My

Companies often develop into family trees, with clusters of progeny growing hither and yon, and an interesting group of shoots is sprouting in northern Nova Scotia around an intriguing entrepreneur called Joe Menchefski.

He is the CEO of Billdidit, a design-and-manufacturing concern best known for drumming products, and he has teamed up with chemistry professors from St. F.X. to form GMS Surface Tech, which produces green cleaning products now selling at such chains as Staples, Grand and Toy and Basic.

Born and raised in Whitney Pier, Menchefski received an engineering degree from the

Moncton-native Dan Martell has another exit on his resume.

Tech entrepreneur and angel Martell, who sold Moncton-based Spheric Technologies in 2008, is a co-founder of Flowtown, a San Francisco online gift marketing enterprise, which sold out today to San Francisco-based Demandforce for an undisclosed price.

Flowtown helps companies deepen customer relationships by sending gifts over Facebook and Twitter, and the service will now operate off the platform of Demandforce, which offers a range of services that help small businesses retain and enhance customer relationships.

 “When Dan

VidCruiter, a Moncton-based video recruitment company, will soon expand its product offering with its new VidTrainer function and social sharing features.

CEO Sean Fahey told me in an interview this week that the two-year-old company will officially launch VidTrainer in two months, which will allow companies to train the employees they hire using VidCruiter. ``We’re also building it because it will train our clients to use our product,’’ he quipped.

VidCruiter offers clients a customized video format that allows job applicants to video-record their submissions, so HR teams can speed up

Neurodyn, a Charlottetown-based biotech, is working its way through a $1.5 million round of fundraising, with which it hopes to bring its own natural treatment for Parkinson’s Disease to market in just over two years.

The company, which is developing a ginseng extract called ND-602, now has commitments of about $300,000 to $400,000 and is continuing to raise money in Canada and abroad, said Chief Scientific Officer Denis Kay in an interview.

Working with the Shanghai Innovative Research Centre for Traditional Chinese Medicine, Neurodyn has discovered an extract that can arrest or slow