Profitual, the Fredericton startup whose AI models help other startups master their financial projections, has closed a $1 million round of funding led by the New Brunswick Innovation Foundation.

Two-and-a-half years after its initial $1 million funding round, the financial intelligence startup raised its second round with a $370,000 contribution from NBIF. It also received $40,000 from the

Spark Nova Scotia has announced this year’s finalists. The contest for rural and coastal high-potential, knowledge-based businesses is run in three regions — Cape Breton, North, and Southwest — and offers winners up to $50,000. Each geographical region functions independently, with its own applicant pool and local judges.

Each of the following finalists will pitch live at their regional events

St. John’s-based Angler Solutions is the winner of the Clean Energy Infrastructure Optimization Challenge for its MESO (Model for Energy Systems Optimization), a software tool that integrates advanced geographic information system (GIS) mapping, environmental data, and scenario modelling to support informed decision-making when implementing renewable energy projects. 

“MESO enables smarter

Two of the 20 companies selected as Canada’s Top 20 Moonshot Ventures by NACO Canada hailed from Atlantic Canada – Mount Pearl, NL-based Solace Power and Halifax-based innerlogic.

When NACO – the National Angel Capital Organization – held its annual summit in Ottawa last month, it featured its 20 Moonshot startups, which got to pitch to investors at the conference. NACO revealed the names of

Chester, N.S.-based Sustane Technologies and Quebec-based Pyrovac have begun a long-term, strategic alliance that grants Sustane exclusive access to Pyrovac’s advanced reactor and related technology for waste plastic processing.

Sustane pioneers advanced plastics upcycling and resource recovery from municipal solid waste. Using a patented process, Sustane transforms unsorted waste, including

The Ocean Startup Project has launched its latest Ocean Startup Challenge, inviting early-stage entrepreneurs to turn ideas into real-world impact by developing innovative solutions to ocean challenges.

The 2025 Challenge will support up to 15 early-stage Canadian startups (Technology Readiness Level 6 or lower) with up to $25,000 in non-dilutive funding, mentorship from industry experts, and

While the best startups in Atlantic Canada performed well in 2024, the region’s startup community overall witnessed declining numbers of companies and employees and a disturbing drop in early-stage funding.

These are the key findings of the 2024 Atlantic Canada Startup Data Report, launched today at an event in Fredericton, hosted by the New Brunswick Innovation Foundation. It was the most

New Brunswick agtech company CropMind has closed a $500,000 funding round, led by the New Brunswick Innovation Foundation and BKR Capital.

CropMind was co-founded by Damilare O. Odumosu and Rilwan Shokunbi, both of whom are graduates of the Masters of Technology, Management and Entrepreneurship program at University of New Brunswick. They’ve developed a company that helps farmers of such crops

St. John’s-based atlantiq AI has received a grant of $64,425 from Newfoundland and Labrador's Business Growth Program in support of its Jarbiz software.

Jarbiz is an AI-powered copilot for enterprise-use cases. The software helps workers tackle complex information challenges by automating time-consuming analysis and synthesis tasks.

“Think of Jarbiz as building a foundational intelligence layer

For the second year in a row, students from Saint Mary’s University have been named Canada’s national champions in a countrywide competition. This means Saint Mary’s will represent Canada at the Enactus World Cup in Bangkok, Thailand, in September, competing against student teams from around the world.

Enactus Canada is a charity that focuses on inspiring post-secondary students to initiate and