Innovacorp has cashed in on its investment in Metamaterials Inc., banking a gain of $101 million and making a return of almost 35 times.

Nova Scotia’s provincial venture capital Crown corporation invested a total of $3.1 million in 2015 and 2017 in Meta, as it’s now known, a Dartmouth-based maker of advanced materials that can alter light. Meta listed on the Canadian Securities Exchange two

Executives at Halifax travel scheduling startup Trip Ninja are shuttering the company, citing COVID-19’s protracted effects on the travel industry, as first reported by Huddle.

Founded in 2015 by CEO Andres Collart and Developer Rob Dumont, Trip Ninja was originally conceived as a way for consumers using travel-booking websites like Britain’s Globehunters.com to find the cheapest routes for

After three years of stealthy research and development, Halifax’s Sparrow Biologic has raised $3.25 million in a pre-Series A funding round led by family offices Killick Capital and Klister Credit Corp., as it prepares to seek regulatory approval from Health Canada and the Food and Drug Administration.

Sparrow is developing technology that will use smartphone mics to assess users’ health based

Halifax fintech startup CacheFlo has inked a distribution agreement with the Halifax Chamber of Commerce in a move CEO Stephanie Holmes-Winton expects to pave the way for similar deals with other chambers.

In an interview, Holmes-Winton said chamber members will be able to subscribe to CacheFlo’s app, Winton, for their employees to use. The deal marks the second time CacheFlo has allied itself

I presented our most recent startup data to a group of policymakers on Thursday, and the conclusion of the presentation demonstrated perfectly the theme of Entrevestor Live.

Entrevestor Live is a three-hour virtual conference we’re hosting on Oct. 6 that will showcase the biggest success stories in the Atlantic Canadian startup community. It’s well known that there are high-potential early-stage

A year into its second iteration, Newfoundland and Labrador medtech support organization Bounce Health Innovation is working with 40 young companies, many in new programs introduced by the group.

Bounce is a few years old and in mid-2020 it unveiled Bounce 2.0, which included the hiring of its first Executive Director, Chandra Kavanagh. The organization last October said it was working with 14

Newfoundland and Labrador’s Genesis startup hub has put out a call for applications for the fall cohort of its eight-week Evolution startup accelerator, with a September 22 deadline.

Genesis bills Evolution as a “pre-incubator” course meant to prepare young companies for longer programs, such as its own, three-year Enterprise incubator. Evolution promises to help entrepreneurs clarify their

A group of Atlantic Canadian entrepreneurs and business development organizations have launched a campaign for the four Atlantic provinces to create an investment tax credit bubble that would permit out-of-province investors to qualify for credits as if they were doing business in their home provinces.

Under the group’s proposal, the unified credit would still be offered only to Atlantic

Halifax sales software maker Proposify has raised $13 million from provincial venture capital Crown corporation Innovacorp and the Canadian Business Growth Fund -- an investment fund backed by major financial institutions, including Royal Bank of Canada and Toronto-Dominion Bank.

Proposify’s software simplifies the process of writing proposals in the cloud with online proposal design templates

When we started planning Entrevestor Live, we set out to give founders and investors the biggest possible bang for their buck.

Entrevestor Live, an online conference that showcases the East Coast startup community’s greatest successes, is super efficient in terms of time, and priced so any founder can afford to attend.

But be warned: to make sure you get the best deal possible, you have to buy