Kraken Robotics, the St. John’s-based OceanTech company, announced two sales last week, the total value of which is worth more than all its revenues in its most recent quarter.

Publicly listed Kraken, which specializes in making software-based sensors and underwater robotics systems, said last Wednesday that its client Ocean Infinity issued a $6.5 million purchase order for Kraken’s deep-sea

Bill Wilson, the founder of Mindsea, has handed management of the mobile app developer over to his former technology chief so that he can focus on a new product-based company SalesRight.

Halifax-based Mindsea announced earlier this week that Wilson is being succeeded as CEO by Reuben Hall, who previously was Vice-President of Product. While remaining as Board Chair at Mindea, Wilson will focus

Today is the last day for Fredericton companies to apply for the Export Igniter, a 12-week program to help companies sell effectively in foreign markets.

Organized by Ignite Fredericton and Planet Hatch, the program delivers comprehensive programming, mentorship and resources to companies ready to enter markets outside Canada.

Successful applicants will be charged $500, half of which will be

SomaDetect, an AgTech company that launched in Fredericton two years ago, has begun installations of its Version 2 in-line milk monitoring system at Cornell University, marking the beginning of its early adopter program.

The company, which is now based in Buffalo, NY, and Fredericton, said in a statement this week that the early adopter installation at Ithica, NY-based Cornell is a key step in

The Volta Cohort program awarded a total of $150,000 to six companies on Wednesday night, handing out an extra $25,000 bundle due to the strength of the pitches.

In its third pitching event, the Volta Cohort advertised that it would invest as much as $25,000 to as many as five companies, but it added a bonus investment to a sixth company at the event. Volta Labs, the Halifax startup house,

Dental technology company BlueLight Analytics has closed a $3 million funding round and plans to use the money to launch a new data analytics product that can be installed in any dental office.

The Halifax company released a statement Wednesday saying the lead investor in the funding round was CIC Capital Ventures, the North American venture capital arm of French private equity firm CM-CIC

EhEye, the Saint John company that has developed video recognition software for public security, has been purchased by Patriot One Technologies of Toronto for more than $3.2 million in stock.

The companies announced Tuesday that Patriot One would integrate the New Brunswick company’s software, which allows video surveillance systems to recognize guns or other threats, with its Patscan

Energia Ventures, the University of New Brunswick’s cleantech accelerator, will hold the Demo Day for its second cohort Wednesday night at the Beaverbrook Art Gallery in Fredericton.

Six companies will present at the event, which begins at 6 pm. You can register to attend here.

The UNB Technology Management and Entrepreneurship program launched Energia about two years ago to help energy,

Atlantic Canada recorded almost twice the venture capital investment in the first nine months of 2018 compared with the same period last year, powered by record funding in New Brunswick.

The Canadian Venture Capital Association on Monday released its funding data for the third quarter, which said the region booked about $41 million in 16 VC deals. The big news was that New Brunswick, which had a

After taking his online treatment for anxiety through an initial pilot, Joel Muise is now working with those at the coalface of anxiety—entrepreneurs—before launching TranquilityOnline to the general public in the new year.

TranquilityOnline aims to make getting treatment for anxiety affordable and timely by allowing users to access online support through a coach rather than a therapist. Coaches