Halifax-based Adaptiiv Medical Technologies has revealed it closed a Series A funding round worth “less than $10 million” in the past year and a half, and is planning on a Series B raise next year.

Adaptiiv CEO Alex Dunphy revealed the funding round last Thursday during a fireside chat at BioPort Atlantic, the region’s main conference for the life sciences industry. During the talk, he described

Startup Genome, the Silicon Valley group that ranks innovation ecosystems, has released its first ever blue economy report. And Canada, particularly the Atlantic provinces, made a strong showing.

The Global Startup Ecosystem Report, Blue Economy Edition rates Atlantic Canada as the 10th most successful oceans ecosystem globally, and Vancouver as the 14th. Calgary placed 27th and

Drinkable Water Solutions on Thursday took home the $55,000 prize in the annual BioInnovation Challenge, which will help finance the commercialization of its consumer-friendly water-testing device.  

Halifax-based Drinkable has developed a device that is smaller than a smartphone and tests water for about a dozen common contaminants, such as lead, arsenic and uranium. CEO Matt Mizzi explained

Nominations will remain open for another week for the inaugural InnovateNB Awards, which will recognize leaders in innovation and entrepreneurship in New Brunswick.

The nominations – the forms for which can be found here – are open until Nov. 10, after which they will be submitted to the selection committee. The winners will be named in a gala in Saint John on Nov. 22.  

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Halifax startup hub Volta has announced the five companies participating in its second Volta AI cohort for artificial intelligence startups focused on supply chains.

The program is the result of a partnership with Scale AI, the federally backed supercluster that funds research partnerships using the same model as Canada’s Ocean Supercluser.

To participate, companies must be based in Canada, be

The Ocean Startup Project has announced the 30 idea- and early-stage bluetech startups from across Canada to win this year’s Ocean Startup Challenge.

Each year, the startup competition awards development capital, as well as training and mentorship services to dozens of emerging companies with the goal of building out the pipeline of Canadian bluetech businesses. This year, the 30 winners are

Canada's Ocean Supercluster has announced an extension and expansion of its Diversity, Equity and Inclusion-focused Ocean Allies project.

Ocean Allies 1.0 aimed to improve the inclusiveness of the blue economy in Atlantic Canada through training, mentorship and “awareness building” about systemic barriers. Ocean Allies 2.0 will expand the program nationally, with a particular focus on the Arctic

St. John’s-based Kraken Robotics said Monday it has received a $1.1 million purchase order for its AquaPix synthetic aperture sonar systems from two NATO navies.

Delivery of the systems is scheduled for the first half of next year. The AquaPix is an off-the-shelf sonar system designed to be mounted on unmanned vessels. It boasts a lower price and longer range than competing products, Kraken said

Venture Grade, a student venture capital fund based at Saint Mary’s University in Halifax, has invested $12,500 in online life insurance distributor Emma Labs.

Based in Montreal, Emma Labs targets younger life insurance buyers, aged 29 to 40, who have young children or are expecting kids. The company aims to streamline the sales process by waiving the usual mandatory health evaluation and

Provincial venture capital crown corporation Innovacorp is organizing a panel discussion on raising capital in the blue economy, to be held at Dartmouth’s Centre for Ocean Ventures and Entrepreneurship, as part of its Business over Breakfast series.

Scheduled for Nov. 10 at 8:00 a.m., the event will see panelists Sally Ng, Rob Barbara and Jennifer Fuccillo discuss fundraising tactics for