Six months after gaining unicorn status through a listing on the Nasdaq, Meta Materials Inc. is facing a class action lawsuit from disgruntled investors. 

Meta Materials, the Dartmouth maker of advanced materials that alter light, listed on the Nasdaq in June via a reverse acquisition of Texas’-based Torchlight Energy Resources. The deal raised C$198.1 million, according to Innovacorp

Halifax startup hub Volta’s annual Democamp, which gives startups the chance to showcase their technology for investors and other innovation community members, is scheduled for Feb. 16.

Held virtually, the event will give entrepreneurs the chance to expound on how their innovations work and their value propositions. But they must do so without the help of a slide deck. The aim of the Democamp is

As recently as 2015, exactly none of the ventures at St. John’s-based Genesis  startup hub were led by women. Today, nearly a third of them are.

In an interview Wednesday, Vice President of Finance and Special Projects Colin Corcoran told Entrevestor that increasing diversity in the startup ecosystem has been a key goal for the centre. Corcoran and his colleagues went so far in 2018 as to hire a

Less than four months after it finished raising a $13 million funding round, Halifax Software-as-a-Service company Proposify is laying off 25 people as part of what CEO Kyle Racki described as an attempt to “right-size” the company after missed growth targets.

The September raise took about a year to close and was led by Innovacorp and the Canadian Business Growth Fund -- an investment fund

In the wake of commercializing its product last summer, Saint John cybersecurity firm TrojAI has raised a $3 million seed round led by Halifax’s Build Ventures and Seattle’s Flying Fish Ventures, which was co-founded by former Microsoft, Amazon and Getty Images execs.

The funding follows a $750,000 pre-seed round last January, and at the time, COO Stephen Goddard told Entrevestor he was already

Dalhousie University’s Dal Innovates entrepreneurship hub will offer a three-day workshop about how to apply entrepreneurial thinking to scientific research and career planning in academia.

Slated to run from Jan. 26 to 28, the Path2Innovation workshop will be held virtually and is intended to help academics prepare to participate in Dal Innovates' Lab2Market accelerator -- a 16-week program to

Every year at this time, we pull out the crystal ball and try to see what the next twelve months may bring, and I’ve got to say the glass orb is a little cloudy for 2022.

I try not to write predictions in the first article of the year, because it’s a mug’s game. None of us can see the future. And it’s especially hard to get a read on what’s going to happen this year because there are so many

We’re making one last call for Canadian oceantech founders to complete our 2021 survey, which will help us produce our first report on the Canadian oceantech sector.

We’re really pleased with the responses we have received so far, but we could use a few more surveys.  If you head up an oceantech startup in Canada, please consider filling out our survey. Startup support organizations and industry

I believe that one day we’ll look back on 2021 as the year in which the Atlantic Canadian startup cluster began giving back to the governments that have supported it.

From our standpoint, the story of the year in 2021 was the governments of Canada, Nova Scotia and Newfoundland and Labrador receiving a total of about $300 million from transactions involving Meta Materials Inc. and Verafin.

These

As we do each year, we're taking off the week between Christmas and New Year's. So this is our last day of publishing until Jan. 4. 

It's been a fantastic year, and we would like to thank all our readers and customers for making it so great. In 2021, we launched our Entrevestor Live event and got the ball rolling on our oceantech publication. We'll have lots of news about these initiatives in