There’s no shortage of winners from Verafin’s pending sale to Nasdaq, and one of the big ones is the government of Newfoundland and Labrador. The provincial government may haul in $100 million from the deal at a time when it could really use the cash.

St. John’s-based Verafin, the anti-fraud software maker, agreed last month to be taken over by Nasdaq, for US$2.75 billion in cash. They also

It would have been difficult for New Brunswick in 2019 to outdo its performance of 2018, especially in terms of funding.

The province in 2018 generated $84.7 million in equity funding, including three investment rounds worth more than $10 million each, by Sonrai Security, Introhive and Resson. Funding in 2019 fell by three-quarters, down to $19.5 million. It seems like a disappointment, but we

As it proceeds through the prestigious IndieBio accelerator, Kraken Sense is also working on moving its headquarters from Mississauga, Ont., to Sydney, Cape Breton.

Kraken has developed a culture-based test that tells food producers and water companies quickly whether their product contains pathogens, which are such disease-causing micro-organisms as bacteria and viruses.

The company has

SimplyCast, a Dartmouth-based automated marketing company, has launched a new solution to help businesses offer contact tracing services during the pandemic.

The company issued a statement last week saying the new mobile solution will help small and large businesses, as well as other organizations, register people who visit their premises using their cell phones. It is offering the service free

Atlantic Canadian startups are on track to raise more than $100 million in equity financing this year now that the Canadian Venture Capital and Private Equity Association said the region attracted $79 million in venture capital in the first three quarters.

The Association, which is known as the CVCA, released its third-quarter statistics on Thursday, and they show a huge leap in funding in Nova

CyberNB, the New Brunswick group that promotes cybersecurity, has signed a multi-year agreement with Ukraine, which will help its partners bid for work in the country.

CyberNB is a non-profit that coordinates industry, government, and academia to encourage innovation and maturity in cybersecurity for critical infrastructure protection. The organization has a group of partners across Canada that

Our Job of the Week column today features an opening for a Venture Manager at the Creative Destruction Lab Atlantic in Halifax, and the deadline to apply is end-of-day Monday.

The CDL Atlantic, housed at the Rowe School of Business at Dalhousie University, provides startups with access to a network of accomplished entrepreneurs and investors. Originally conceived at the University of Toronto’s

Five early-stage startups -- three of them from outside Nova Scotia -- received $25,000 each in equity funding from the Volta Cohort Pitch Event on Wednesday.

This marks the seventh time that Volta Cohort has staged a pitching event to provide seed funding for Atlantic Canada companies. At each pitch event, as many as five companies are chosen for up to $25,000 in funding. They also receive

CarbonCure Technologies believes it can accelerate its plans to reduce carbon in the atmosphere because of an unexpected entrant this year into the fight against climate change – Big Tech.

The world’s biggest technology companies in 2020 launched plans to become carbon neutral and purchase millions of dollars of carbon offsets. That has transformed the global outlook for carbon removal, one of

Canada’s Ocean Supercluster announced Wednesday a new program to help young people across the country to find employment and pursue careers in the ocean economy.

The total cost of the new program, called the Blue Futures Pathways Project, is $2.4 million, of which the Supercluster will provide $1.5 million.

The goal of Blue Futures Pathways is to connect Canadians aged 18 to 30 with education