Fifteen months after exiting his first Halifax-based company, Zach Laberge has closed a US$10.5 million (C$14.7 million) seed funding round for his new startup Omen, which uses AI in the maintenance of heavy machinery.

The surprising thing about this raise is not just that Laberge, the founder and CEO of Omen, just turned 20 this month. It’s that he closed the round in only four days.

Now based

Maritime Launch Services has secured a $10 million senior credit facility from Export Development Canada to support the continued development of Spaceport Nova Scotia in Canso and advance toward its first orbital launch.

The financing agreement includes an initial $5 million advance, with the remainder available through drawdowns tied to ongoing construction and development milestones. The funds

Five Newfoundland and Labrador startups will compete for more than $45,000 in prizes at The Genesis Pitch, taking place Oct. 29 at the St. John’s Convention Centre.

Organized by Genesis, the province’s technology incubator, the event marks the largest prize pool in its history, including a $30,000 top prize and the Pitcher Plant trophy. The competition is part of techNL’s annual Innovation Week,

NACO Canada has released a new report urging a coordinated national approach to mobilize up to $15 billion in private investment and strengthen Canada’s innovation economy.

Titled A Unified Capital Strategy for a Sovereign Innovation Economy, the report outlines a four-part policy framework aimed at improving access to early-stage financing and reducing barriers faced by entrepreneurs. NACO –

Fredericton-based ClinicGlide Technologies, which uses artificial intelligence to improve efficiency in healthcare, has raised six figures of funding from the New Brunswick Innovation Foundation and TLT East Ventures.

NBIF said on LinkedIn last week that it had invested $200,000 in the company, which uses agentic artificial intelligence to automate patient interactions and reduce administrative

Dartmouth-based Site 20/20 has landed on Deloitte’s prestigious Technology Fast 50 list of Canada’s fastest-growing startups for the third straight year after accelerating its revenue growth.

The global accounting firm announced its 2025 list of fast-growing Canadian companies (based on revenue records over a four-year period) on Tuesday, and it included two Atlantic Canadian companies making

Ocean technology company Ashored Innovation has been named one of five grand prize winners in the national TELUS #StandWithOwners competition, receiving a $200,000 prize package in cash and in-kind services.

The Debert, NS-based company was recognized for its development of a “rope-on-demand” fishing system designed to reduce the risk of marine animal entanglement in traditional trap gear. The

Halifax-based supplement startup Infusd Nutrition has capped off a busy stretch with a series of national and international recognitions highlighting its role in the food technology sector.

Over the past 10 days, the company has participated in the MISTA Growth Hack in San Francisco, where it showcased products co-developed with multinational partners Givaudan and Danone. The collaboration

The Axis Accelerator at University of New Brunswick Saint John is seeking applicants for its six-month program for business-to-business startups from across Atlantic Canada looking to grow their revenues and prepare to raise capital.

The program will begin in the spring and requires three to five hours per week from participants. It is aimed at positioning the founder of a company as its lead

The New Brunswick Innovation Foundation (NBIF) has appointed Daniel Armali as Vice President of Investments, effective immediately.

Armali joins NBIF after relocating from Montreal and brings more than 15 years of experience in venture capital, fund investment, and multi-asset portfolio management. He will lead NBIF’s investment team and work with startups, portfolio companies, and limited