Venture Grade, a student venture capital fund based at Saint Mary’s University in Halifax, has announced new investments in two regional companies that facilitate the making of  advanced maps: 3D Planeta and KorrAI.

In a statement, the young investors said they have invested $12,500 in each venture, after being impressed by the companies’ management teams and their growth and exiting prospects.

BoomersPlus, a Halifax company that matches seasoned professionals with part-time jobs where their experience is needed, is rebranding as SeasonedPros.

“We think our new name better reflects our current and future membership and who we can connect to our clients,” said SeasonedPros in a press release.

The company is also tweaking its target market slightly. It was originally created to help

Video game technology company Swarmio Media, which has offices in Halifax, Sydney and the Toronto area, began trading on the Canadian Securities Exchange Monday, with shares spiking early in the day before surrendering most of their gains.

The listing made good on plans announced by Swarmio in July. At the time, the company said it hoped to raise about $5 million. The listing process beat

Charlottetown-based BioVectra, which manufactures pharmaceutical ingredients, has announced it will build one of Canada’s first mRNA vaccine manufacturing facilities in a project worth $76.9 million.

The federal government will pay $39.8 million of the total cost and the P.E.I. government $10 million, with the balance born by BioVectra.

The drugmaker was bought by private equity firm H.I.G.

Ashored, the Dartmouth-based maker of fishing equipment that reduces accidental harm to marine animals such as whales, will head up a $1.4 million Ocean Supercluster project to develop a “rope-on-command” system for lobster and crab traps.

Conventional traps are retrieved via ropes connected to the trap at one end, with the other end floating on the surface of the ocean. But sea-life including

Fredericton electric vehicle startup Potential Motors has grown from 14 to 19 people this year and plans to have a minimum viable product ready for testing in 2022, CEO Sam Poirier said in an interview Thursday.

Founded in 2018 by a team of engineering students from the University of New Brunswick — Michael Barnhill, Nick Dowling, Isaac Barkhouse and Poirier — Potential is developing software to

Fredericton- and Miami-based Introhive has cracked the Deloitte Technology Fast 50 awards for the third year in a row, making it the first Atlantic Canadian company to score a hat trick in the rankings of Canada’s 50 fastest-growing tech companies.

Deloitte announced Wednesday that Introhive had placed 32nd with 493 percent revenue growth over the period from 2017-2020, improving on 938 percent

Atlantic Canadian startups attracted a mere $10 million in venture capital in the third quarter, down from a whopping $135 million in the previous quarter, according to data released Tuesday by the Canadian Venture Capital and Private Equity Association.

The industry association released its quarterly data report amid a continued stream of mega-deals by startups in Western and Central Canada,

Rally, the St. John’s maker of software for law firms, has bagged a $500,000 loan from the Atlantic Canada Opportunities Agency as it looks to hire seven new staff and ultimately reach 24 employees by 2023.

Rally sells software to help lawyers share documents among themselves and with their clients, as well as communicate with clients about their cases.

CEO Scott Stevenson said in an interview

The third annual Atlantic Tech Summit will be held on Wednesday, with the theme of “Building a Stronger Atlantic Tech Ecosystem”.

The day-long virtual event features a range of keynotes and panel discussions that showcase the progress the region has made in developing the IT ecosystem, and the challenges it still faces. The speakers include industry leaders from across Canada, including several