Fredericton-based Chinova Bioworks, which is making preservatives from chitosan, has raised a US$2 million (C$2.6 million) round of equity funding led by DSM Venturing and Rhapsody Venture Partners.

The company issued a statement last week saying the participants in the round are: DSM Venturing, the venture capital arm of Dutch health and nutrition company DSM;  Rhapsody Venture Partners, an

Halifax-based Covina Biomedical Inc. has secured a $500,000 loan from the Atlantic Canada Opportunities Agency to help bring its injectable bone cement product to market.

The company has developed bone cement that can be injected into damaged bones (starting with knees) in an attempt to avoid surgery or replacement. The team headed by CEO Caitlin Pierlot is now preparing for clinical trials and

After our week off, we have two openings in our Jobs of the Week column today – one from Halifax-based Dash Hudson and one from LaunchPad PEI in Charlottetown.

LaunchPad PEI, which is seeking a Business Development and Relationship Manager, is a non-profit incubator that supports the growth of new technology companies on Prince Edward Island. The organization provides valuable support services

LaunchDal held its annual summer pitch-fest Tuesday night, showcasing 10 teams that graduated from its LaunchPad program.

LaunchDal is the innovation and entrepreneurship hub at Dalhousie University, offering such programs as Starting Lean and overseeing Canada’s Business Model Contest. Headed by Professor Mary Kilfoil, LaunchDal offers LaunchPad as a 10-week summer course, giving 10 teams

The Business Development Bank of Canada is working on a new investment program that would support Canada’s five innovation superclusters, including the Ocean Supercluster on the East Coast.

In an interview with Entrevestor, CEO Michael Denham said the federal government’s business bank is growing strongly and is committed to supporting entrepreneurship and innovation in Canada. And it wants to

Budding entrepreneurs in Cape Breton now have access to the free, online programming available at Mashup Lab after its recent expansion to the island.

Mashup Lab is a “for-more-than-profit” business development company for rural entrepreneurs. Its Dream Business Program is a six-week online program for entrepreneurs still in the idea phase.

“It really is open to anyone with a business idea and

It’s August, and we’re taking our usual summer break next week.

We’re going to attend and report on the LaunchPad Demo Day at Dalhousie University on Tuesday night. But other than that, #startupeast will have to get by without Entrevestor until Monday, August 13. We’re looking forward to enjoying an East Coast summer and hope all our readers will get a break as well.

See you at the beach.

As Kyle MacNevin watched "Finding Hope” on CNN in June, he kept getting messages from friends all asking the same question: Are those people on TV wearing your T-shirts?

The shirts being worn by audience members at the CNN town hall production had indeed been produced by his company, Wear Your Label. The town hall, hosted by Anderson Cooper, was dedicated to suicide prevention, and the

Build Ventures, the Atlantic Canadian venture capital fund, is receiving a $10 million contribution from the New Brunswick government for its second fund, bringing the total so far to $25 million.

Headed by Patrick Keefe and Rob Barbara, the Halifax-based VC group began five years ago with a $65 million fund, which has invested in 14 companies. Its principals are now raising money for their

Doug Robertson the CEO of Venn Innovation, a New Brunswick tech support organization, has been appointed Chair of the Technology Councils of North America.

TECNA represents nearly 50 IT and Technology trade organizations, which account for more than 22,000 technology-related companies across the continent, said a satement.

Venn, which is based out of Moncton, is the only Atlantic Canadian tech