New York-based Charli AI has acquired Sums Capital, a Halifax-based company whose platform delivers intelligence for investors, to form Charli Capital, a new company offering insights on companies in public and private markets.

Charli said in April it had bought Sums, which was founded by Halifax startup veteran Peter Hickey, who had formerly been the CEO of medtech company Adaptiiv.

Sums

Halifax-based Altheda Wellness Innovation is hoping to launch a flagship product this year that can help delay mental decline in older people.

Founded by a team with an eight-figure exit on its résumé, Altheda is developing a range of products that forestall the ill effects of aging, so people can enjoy a better quality of life while living longer. It is now focused on a product – tentatively

Halifax supplement startup Infusd Nutrition has closed an oversubscribed funding round of more than US$2 million (C$2.8 million), with which it hopes to increase sales and work on product development.

The funding round was led by NextGen Nutrition Investment Partners of France with investment from Nourish Ventures, a unit of Griffith Foods of Toronto, and Agthia Ventures of Abu Dhabi, the

Project Zero, a new initiative working to solve homelessness in Fredericton, has been launched by the charity 12 Neighbours, the creation of former Radian6 co-founder Marcel LeBrun.

Marcel LeBrun was co-founder and CEO of social media monitoring venture Radian6. The company was bought by Salesforce for US$276 million in cash and US$50 million in stock in 2011. The deal was a transformative one

Halifax-based Planetary Technologies has won an XFACTOR award worth $1 million in the XPRIZE Carbon Removal Competition. 

XPRIZES are global, multi-year innovation competitions with prizes in the eight or nine figures. The Carbon Removal prize is funded by Elon Musk’s foundation.

Planetary's XFACTOR award recognizes the company's work in seawater restoration; a process that enhances the ocean’s

St. John’s-based gene sequencing firm Nucliq Biologics is launching a new product that measures how a woman’s gut microbiome influences her hormonal health.

The new product, launching May 14 at innovation hub Genesis, is called GutCheckVivo. It follows the success of Nucliq’s first product GutCheck, which assesses an individual’s gut microbiome and advises clients on how to address any issues,

Halifax-based Tidal Venture Partners, an Atlantic Canadian early-stage fund, has released its annual report showing it has built up a portfolio of eight companies in two years.

The fund says that for every dollar it has invested, its portfolio companies have attracted an additional eight dollars in dilutive and non-dilutive funding. The total funding from parties other than Tidal is $21.75

The Nova Scotian government on Tuesday said it would contribute $5 million to the new Neptune BioInnovation Centre in Dartmouth, a month after the federal government announced a grant of the same size for the biomanufacturing facility. 

The Province said in a press release it hopes to help transform the 4,738-square-metre (51,000 square feet) facility into state-of-the-art wet and dry labs that

The National Angel Capital Organization, which represents angel investors from across Canada, is gearing up to hold its annual summit, with economic resilience a theme in various sessions. 

The conference, which is now sold out, will be held April 29-30 in Ottawa, and Entrevestor will be attending. Some of the many panels will include:

Canadian Shield: Fortifying Canada's Startup Investment

A new cleantech competition, the ECT-PEI: Clean Technology Challenge, has been established for entrepreneurs and researchers and offers a grant of up to $100,000, with up to four successful applicants being awarded the money.

Co-founded by Innovation PEI, the challenge is being administered by Net Zero Atlantic, and is open to applicants in the three maritime provinces. The grant is intended to