Business development agency Innovation PEI has announced five companies from the province receiving $25,000 each from its Ignition Fund, chosen via a competition-based application process.

Launched in 2014, the fund has so far backed 85 companies. The money can go towards a range of activities, including hiring consultants, capital purchases and professional development, but recipients must

Halifax medical device-maker FIVAMed is dipping its toe into the world of veterinary technology with the launch of its second product, FIVAVet.

The company sells a device equipped with sensors to monitor the flow from IV bags, like those used in hospitals and veterinary clinics, and alert their operators if the fluid level in the bag drops too low. The system works by running the IV tube through

Nova Scotia life sciences industry group BioNova will hold its 22nd annual BioPort conference September 13 at the Halifax Marriot Harbourfront, with internationally notable speakers from the worlds of biotech, pharmaceuticals and public health.

The conference roster is yet to be announced this year, but prior speakers have included William Charnetski, Ontario’s Chief Health Innovation

The East Coast startup community experienced slower growth in 2022 than in the previous years, though a core of leading companies continued to thrive — that’s the conclusion of Entrevestor’s 2022 Atlantic Canadian Startup Data Report, released today.

Over the past nine years, our annual report has become the benchmark source of data for the Atlantic Canadian innovation community, with

Pasadena, NL, medtech company Swiftsure Innovations, which in May raised a $2.3 million funding round led by St. John’s-based Pelorus Venture Capital, has announced its first board of directors.

The five-person board includes CEO Deanne McCarthy, as well as Pelorus Partner Sarah Murphy, former Newfoundland Finance Minister and Sandpiper Ventures Co-Founder Cathy Bennett, medical software

Fredericton-based Passiv, which last year closed a US$2.2 million or roughly C$3 million seed round following its graduation from the prestigious Silicon Valley accelerator Y Combinator, has bought Bellevue, Washington startup Wealthly for an undisclosed sum.

Founded two years ago by former Amazon and Google employee Terry Ma, Wealthly is an online platform that allows users to connect to their

Halifax-based Smallfood, one of the stars of the East Coast foodtech scene, is raising a Series A funding round and preparing to open a new plant in Dartmouth that CEO Marc St-Onge expects to generate the company’s first commercial revenue.

He said in an interview the raise follows “extremely successful” aquaculture trials of Smallfood’s algae-based fish feed products, as well as a smaller

Less than a month after the launch of its first two products, Halifax life sciences startup 3D BioFibR has closed an equity-and-debt  seed round worth just over $3.52 million.

Chief Executive Kevin Sullivan said in an interview that the money will go towards automating and scaling up the company’s manufacturing processes in the wake of the product launches, including via a new manufacturing

Fredericton-based C-Therm Technologies, which has developed a range of tools for testing materials’ thermal conductivity, plans to expand its offerings with a suite of new products suitable for use in electric vehicle production.

The move comes after C-Therm’s initial entry into the EV market saw its profits rise 20 percent last year on the back of record sales. The company is currently growing

The Centre for Ocean Ventures and Entrepreneurship, or COVE, has received a pledge of $8.5 million in funding from the Nova Scotia government to continue its programming over the next five years.

Economic Development Minister Susan Corkum-Greek announced the new funding Thursday at a press conference at the marine technology facility on the Dartmouth waterfront.

Now five years old, COVE is a