A new $50 million investment fund has been launched by Natural Products Canada Ventures to invest in early-stage Canadian companies developing naturally derived alternatives to synthetic products.

NPC Ventures has secured a non-binding term sheet with a significant anchor investor and is actively fundraising toward a first close in the fall, Charlottetown-based NPC said in a statement. 

"NPC

St. John’s-based SkillsHawk – the new name for Creatros Technologies – is reporting strong sales of its talent-mining technology more than three months after its official launch.

The company came together more than four years ago at Memorial University and set out to solve a problem that plagues many teams of programmers – understanding the skillsets of all the team members. It’s common that a

Sponsored Content

Stephanie Arnold’s path to entrepreneurship has included not just a business degree, but also a PhD program, a rotating house and Prince Edward Island’s most famous export.

The environmental sciences PhD candidate and researcher is developing irrigation management software to help potato growers know when and how much to water their crops — an increasingly thorny problem in

Halifax-based immersive technology specialist Modest Tree on Tuesday announced the launch of Xplorer 2.0, the latest iteration of its extended reality enterprise software.

Modest Tree’s Xplorer solution allows the use of extended reality (XR) – a blanket term for augmented reality, virtual reality and other technologies that immerse the user in a virtual world – for help in training, sales or

St. John’s-based ClearRisk, which provides risk-management software, is hoping to accelerate its recent 30 percent annual growth rate on the back of a $2.5 million round of growth capital and a few landmark sales.

The company said Monday its bank account recently swelled by $3.3 million due to the fundraising exercise and three large sales that add up to $800,000.

The growth capital is mainly a

Twenty-three teams from 11 universities have been accepted into the Winter 2021 cohort of Lab2Market at Dalhousie University – the biggest representation of institutions in the program’s history.

Modeled on I-Corps in the U.S. and ICURe in the U.K., Lab2Market started last year as a Canadian program that helps academic researchers assess whether their research could be the foundation of a

TechCrunch, the bible of the Silicon Valley startup cluster, published a long-form article on the Atlantic Canadian startup community this weekend, showcasing the growth of the segment in the world’s biggest tech centre.

Titled “Does Atlantic Canada have a blueprint for rural revival in the post-pandemic era?”, the article was written by Matthew Carpenter-Arevalo, a graduate of Fredericton’s St.

Planetary Hydrogen, which plans to capture carbon in the world’s oceans, claimed the $2,000 first prize at the annual Start-Up Yard Pitching Event on Thursday.  

Start-Up Yard, Innovacorp’s oceantech hub on the Dartmouth waterfront, brought together nine early-stage entrepreneurs to pitch their companies, and presented Planetary Hydrogen with the top award.

The cleantech company, which recently

Various national groups have announced funds that boost funding opportunities for diverse founders.

Toronto-based Bay Mills Investment Group has launched its Bay Mills Diversity Fund, which focuses on strengthening investment into BIPOC founders working in specific emerging markets.

The group is preparing to deploy its first $25 million tranche. Investments will range from an initial $500,000

Jason Pearson is a chemistry prof with a big sales job ahead of him.

Pearson is the Founder and CEO of Charlottetown-based Stemble, whose digital platform aids the remote teaching of chemistry to post-secondary students. The system is now used by 3,500 students at three Canadian universities.

By the time students return to class in September, he wants to increase penetration to 30 universities