New Community Startup Group in NL

There’s a new, community-based startup group in St. John’s that aims to tackle some of the gaps in the local ecosystem and support young companies.

ConnectioNL (pronounced “Connectional”) is a volunteer group that now totals about 200 members, and they are working together to improve the ecosystem in three areas: mentorship, access to capital and skills.

“We started in March with 12 people at

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ReelData Enters Techstars AI

Halifax-based ReelData, whose software uses artificial intelligence to analyze video for the aquaculture industry, has entered the Techstars Montreal AI Accelerator.

Founders Matt Zimola and Hossein Salimian joined the latest cohort of the accelerator last week, immediately beginning one-on-one meetings with the range of mentors brought in for the program.

ReelData uses artificial intelligence

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Women’s Fund Eyes Spring Launch

The Atlantic Women’s Venture Fund is now working on closing its fund with a target of $20 million, and hopes to be funding female-led ventures in the second or third quarter of 2020.

Two representatives of the nine-member council overseeing the fund told a session at the National Angel Capital Organization Atlantic Summit in Halifax on Tuesday that the new fund will aim to increase the diversity

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Is Debt Financing Right for You?

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The time has come to take a big step forward in the growth of your technology company. Whether you are looking to launch a product, or perhaps expand into new markets, you will need additional capital.

The two most common funding options for tech entrepreneurs are equity or debt financing, which is also called term debt. Although equity financing through the venture capital

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ClearRisk Adds Product, Eyes Raise

St. John’s-based ClearRisk, which makes software for insurers, has launched its next generation data solution ClearRisk Insights to help risk managers use their data more efficiently.

The company issued a statement Monday saying it had launched the new cloud-based product to industry-leading risk managers at the Risk Management Society of Canada Conference in Edmonton.

The company said the new

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BlueLight Names Brad Rodgers CEO

Halifax dental technology company BlueLight Analytics on Monday named local tech executive Brad Rodgers as its new CEO, replacing J.P. Furey.

Rodgers, who will begin his new role Sept. 26, was most recently the Vice-President of Product Management with Innovasea, a Halifax company that provides technology to the aquaculture sector.

“Brad’s proven successes in data analytics, leadership and

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Volta Cohort Seeks Applicants

Volta is looking for early-stage startups to pitch at the next Volta Cohort event, which will give as many as five teams pre-seed funding of up to $25,000.

The Halifax-based statrup hub began the Volta Cohort two years ago to provide an initial funding boost for early-stage companies, so they have some capital to develop a product and get off the ground. Since then, the program has awarded a

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