Volta Cohort Names 5 Winners

Social ventures were the big winners at the Volta Cohort pitching event on Wednesday, as five companies addressing problems like food insecurity and plastic waste were awarded a total of $125,000 in funding.

The five winners, which will each receive $25,000 in early-stage investment, were chosen from a field of 15 finalists. In addition to the money, the final five will receive access to

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7 Teams Join Summer Institute

The University of New Brunswick’s Summer Institute has launched its eighth cohort with seven companies participating in the virtual program.

Whereas most accelerators teach lean methodology to innovation-driven startups, the Summer Institute targets companies with social or environmental impact, many of them making consumer products. It focuses on such elements as design, marketing and personal

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Report Examines Inclusion in NS

A new report called the Nova Scotia Inclusive Innovation Monitor highlights inequities in the Nova Scotia innovation ecosystem.

The report, prepared by Ryerson University’s Brookfield Institute for Innovation + Entrepreneurship, is an offshoot of a similar, national project from Brookfield and the Munk School of Global Affairs at the University of Toronto. The Nova Scotia version was prepared

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Arcturus Raises US$5M Seed Round

A Dartmouth-based maker of three-dimensional video software, led by an executive team stacked with former Netflix, Google and Pixar execs, has raised a US$5 million (C$6 million) seed round and plans to double its staff.

Arcturus is developing technology to create and distribute volumetric video -- hologram-like footage that can be viewed from a range of angles. Its potential customers include

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Picomole Aiming for 2024 Launch

With a major funding round in its sights this year, Moncton-based medtech company Picomole is aiming to have a product on the market in 2024 that can detect lung cancer from a single breath sample.

The technology has been in development for about a decade, and the company got a major boost from a $6.5 million funding round in 2019. Now the 22-member team is developing the product in preparation

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Six Named to Energia Cohort

Fredericton-based Energia Ventures, the accelerator for energy, cleantech, cybersecurity and artificial intelligence companies, has named six startups to its Spring 2021 cohort.

The accelerator, which is operated by the University of New Brunswick’s J. Herbert Smith Centre for Technology Management and Entrepreneurship, or UNB TME, has held annual cohorts for the past four years. This year, for

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CAN Health Moves into Region

A network of public health organizations created to support Canadian medtech businesses is expanding into the Atlantic provinces, with an eye towards giving local startups an edge on their American competitors.

The CAN Health Network organizes public health agencies and private health companies to give Canadian businesses advance notice about planned medtech tenders. In Atlantic Canada, six

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Jobs: Director of Quality at Protocase

Our Job of the Week column today features an opening for a Director of Quality at Protocase in Sydney.

Established in 2001, the company focuses on combining advances in software with advanced manufacturing techniques to offer unique custom manufacturing to the engineering, design, and research industries.  The company has more than 175 employees and 12,000 clients.

The Job of the Week column

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Innovacorp Seeks ‘Accelerate’ Applicants

Nova Scotia venture capital Crown corporation Innovacorp is launching a revamped version of its Accelerate program, which will replace both the old, longer program of the same name and the shorter Sprint accelerator.

Accelerate will be completely virtual and focus on oceantech, medtech, agtech and cleantech. The program is meant for companies that have established a market opportunity.

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Polyamyna Preps for Clinical Trials

St. John’s-based disinfectant maker Polyamyna Nanotech has inked a deal with Eastern Health to run clinical trials of its product once it receives Health Canada approval.

Polyamyna, which graduated from the Genesis Evolution program in January, says its disinfectant has been proven by third-party testing to kill antimicrobial-resistant pathogens, sometimes called “superbugs.” It can be used to

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