Sustane Ships First Naphtha to Europe

Circular economy startup Sustane Technologies’ first shipment of naphtha fuel derived from waste plastics is on its way to a client in Europe.

In an interview, CEO Peter Vinall said the company tested a variety of possible plastic sources for its plant in Chester, N.S., such as rejected plastics from recycling streams. The process has been made more efficient by Sustane developing a suite of

Continue Reading

InvestorQ&A Deploys Persuasion Research

Ellen Farrell, the Saint Mary’s University professor who has been one of the key architects behind the Sobey School of Business’s entrepreneurship programming, is commercializing a new software product aimed at helping women founders perform better during question and answer sessions with investors.

InvestorQ&A is software designed to help entrepreneurs inspire more confidence from would-be

Continue Reading

Hack Will Not impact Startups: Invest NS

A phishing scam that led to Invest Nova Scotia sending $573,000 to an imposter posing as a venture capital executive will not impact startups, the provincial economic development corporation said Monday.

First reported by The Halifax Examiner and AllNovaScotia, the theft happened in May and was discovered in June. The theft was the work of a hacker using a Russian VPN. In an email, Director of

Continue Reading

GIT Approaches 300 Vessels Coated

When Marcel Gaier commutes to work these days, he often travels via a ferry treated with his own company’s environmentally friendly hull coating.

Gaier is the chief technology officer for GIT Coatings, previously Graphite Innovation and Technologies, which he co-founded eight years ago with Mo AlGermozi, the chief executive officer. Their business has seen about 400 percent sales growth so far

Continue Reading

Infusd Signs P.E.I. Partnership

Halifax supplements startup Infusd Nutrition has signed a partnership agreement with another, more mature life sciences company nearby in P.E.I., Natures Crops International.

Infusd, the creation of lawyer Jack MacDonald and chemical engineer David Giffin, has developed a process to make fat-soluble nutrients, such as omega-3 fatty acids and many vitamins, water soluble. The company uses the

Continue Reading

BIOVECTRA To Be Sold for C$1.3B

BIOVECTRA, the Charlottetown drug maker that in 2019 was bought by Miami-based H.I.G. Capital for US$250 million, has reached an agreement to be sold again, this time for US$925 million or C$1.27 billion.

The deal with Santa Clara, California’s Agilent Technologies is expected to close by the end of this year, BIOVECTRA said in a statement. The companies did not disclose the conditions that must

Continue Reading

Aucure Readies B2B AI

Two alumni of cybersecurity unicorn Verafin have returned to the startup world with an AI tool meant to help business-to-business product teams gather customer feedback, and just months after founding their new business, they have raised about $800,000.

Aucure is the creation of Andrea King, who spent a little over two years at Verafin before becoming NASDAQ’s Director of Media and Government

Continue Reading