St. John’s-based CoLab Software said Monday it has closed a $600,000 financing round from Pelorus Venture Capital, Killick Capital, and Panache Ventures.

CoLab has developed a collaboration platform that helps engineers and others work together on 3D designs. The company is closing its first funding round as it wraps up its early adopter program, in which nine companies (including some paying

The folks at HotSpot Parking in Fredericton are celebrating the fact their mobile parking service is spreading across Atlantic Canada. HotSpot has logged over 100,000 parking sessions since its December roll-out in Halifax and nearly 12,000 Haligonians have subscribed to its service.  

HotSpot Parking is now available in almost every major Atlantic Canadian city. Its services are free to

The keynote speakers for the 2018 BioPort conference will be Corrina Lathan, CEO of AnthroTronix in Maryland, and William Charnetski, Ontario’s Chief Health Innovation Strategist.

BioNova, which organizes the annual gathering for life science innovators, industry leaders, and investors from across North America, revealed the keynote speakers in a statement last week. BioPort will take place at

The New Brunswick Innovation Foundation is looking for a new CEO, based in Fredericton. The non-profit announced last month that its leader Calvin Milbury was no longer with the organization. Since 2003, the non-profit innovation agency has invested over $85 million into New Brunswick companies.

This position and three more with Spring Loaded Technology and Cribcut in Halifax feature in our Jobs

Patrick Hankinson, a Halifax entrepreneur and investor who specializes in information technology companies, will manage the new $17-million-plus pre-seed fund set up by the Nova Scotian government.

The government announced Thursday that Hankinson won the competition to manage the fund, which will make investments of $250,000 to $750,000 mainly in IT companies. At least half the money must be

When Mark Gauci, a retired veteran in Newfoundland, learned that his son had been diagnosed with Autism Spectrum Disorder (ASD) he prepared for a huge lifestyle change. But one thing he didn’t foresee was the paperwork. Stacks upon stacks of it.

The paperwork was a bi-product of his son’s Applied Behavior Analysis (ABA) therapy, a form of therapy that helps improve social function.

“There’s a

B-Line, a cleantech Software-as-a-Service company based out of Halifax and Toronto, has received a US$50,000 investment as it takes part in the Flywheel New Ventures Challenge accelerator in North Carolina.  

In early June, five companies were selected for the 12-week program and B-Line is the first company from outside the U.S. to take part in the challenge, which is in its third year.

“We’re

The Atlantic Venture Forum this year will include a special panel of East Coast companies that have raised significant capital, reflecting the growth in scaling companies in the region.

The AVF, which will take place in Halifax on June 28 and 29, is often seen as a place where entrepreneurs seeking capital can link up with investors. As in years past, this year’s event will feature pitching

Introhive has raised US$15.2 million (C$20.2 million) in equity and debt financing and signalled that it hopes next year to become the first Atlantic Canadian tech company to raise $50 million in venture capital.

Based in Washington, D.C., and Fredericton, Introhive produces “relationship intelligence” software that helps enterprise clients and others improve the efficiency of their customer

SomaDetect, an AgriTech company based inFredericton, received a $250,000 investment from the New Brunswick Innovation Foundation according to a statement from NBIF on Monday. It did not say whether this investment was a part of a larger funding round for the company.

SomaDetect provides dairy farms with hardware and software that can scan a cows milk and provide instant data regarding her