Trophi.ai Raises $3.3M

St. John’s-based trophi.ai has raised a $3.3 million seed round led by Halifax venture capital fund Build Ventures and plans to use the money to hire 10 to 15 people, with a test version of its product boasting a 10,000-person waitlist.

Chief Executive Mike Winter said in an interview that the company has enjoyed strong growth since it last raised capital in 2021. The new seed round, he added,

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Memorial Seeks Insight Business Consulting Applicants

Memorial University’s Research Innovation Office is accepting applications from startups for its Insight Business Consulting Program, which allows MBA students to consult for early-stage technology companies.

Funded by the Atlantic Canada Opportunities Agency and Killick Capital CEO Mark Dobbin, a Memorial alum, the Insight program pays master’s students $4,500 to consult for a startup for one

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IMV Enters Creditor Protection

Dartmouth drug discovery company IMV has entered creditor protection in Canada and is pursuing Chapter 15 bankruptcy protection in the U.S. months after the Nasdaq warned that its shares had dropped below the minimum price required to maintain a listing.

In Canada, IMV has filed for protection under the Companies’ Creditors Arrangement Act, or CCAA, which allows companies with more than $5

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Social Media Marketing Conference Coming to Halifax

Social Media Day Halifax, a day-long social media marketing conference, will be held at the Cineplex in Halifax's Bayer’s Lake on June 9.

The event is one of many that will be held around the world next month as part of an initiative started by technology news website Mashable in 2010. The Halifax chapter is headed up by Anita Kirkbride of Twirp Communications and Linda Daley, who runs marketing

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Dal To Lead $154M Oceans Research Project

Dalhousie University is receiving a $154 million grant from the federal government, representing the largest single research funding deal in the institution’s history, to conduct “the most intensive investigation ever into the ocean’s role in climate change.”

The money is part of the Canada First Research Excellence Fund, or CFREF, which is distributing a total of $1.4 billion to 11 large

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BBI Names Martel CEO

Matthew Martel, previously COO of Halifax non-profit the Black Business Initiative, will replace Rustum Southwell as its CEO.

Southwell will retire Monday but oversee the transition to Martel’s leadership as an advisor.

Martel is a serial entrepreneur who holds a Master's Degree in Technology, Entrepreneurship and Innovation from Saint Mary's University and serves on the board of the Halifax

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