Moncton-based SnapAP, which makes payment software, has closed a “significant portion” of a funding round that it hopes will reach US$2 million (C$2.6 million). The money has come largely from angels in Israel.

The company, whose full name is Snap Accounts Payable Corporation, has spent most of 2020 setting the stage for rapid sales growth next year by ensuring its solution has the functionality

The TME program at the University of New Brunswick is looking for scaling companies to participate in the next cohort of Scale Up Atlantic Canada.

Two years ago, the Fredericton university teamed up with Boston-based Babson College – long recognized for its entrepreneurial program – to create its new offering. The accelerator will be led by Babson professor Daniel Isenberg, who will use his

Halifax-based Motryx, whose technology helps ensure the safe transport of blood samples, has struck a partnership with Germany’s Aerocom, a global leader in installing pneumatic tube systems in hospitals.

They will work together to distribute Motryx’s product VitalQC – a quality assurance tool that validates whether pneumatic tube installations are safe and effective for transporting blood

Vertiball, the Fredericton-based manufacturing concern, appeared on Dragons’ Den on CBC last week and walked away with a $420,000 investment by marketing whiz Arlene Dickinson.

Once the deal closes, Dickinson will have a 17 percent stake in the company, meaning the investment values Vertiball at about $2.5 million.

Liam Floyd at Huddle caught up with Vertiball CEO Curtis Kennedy to get the

Halifax Innovation District has joined a network of similar groups convened by the Global Institute on Innovation Districts, or GIID.

Innovation Districts are defined as highly productive and densely concentrated city areas where people develop eosystems that foster generating and accelerating ideas. The GIID network allows distritcts to share best practices and strategy sessions on topics such

Having completed its rebranding exercise, Sydney-based Mabel Systems has developed the prototype of its inventory tracking system for food industries.

Formerly called Tracker Inventory Systems, the company helps companies in such segments as seafood, aquaculture and agriculture keep track of their inventory as it proceeds to market. The camera-based system needs no manual input from workers on

Innovacorp and its partners are seeking applications for two programs that fund innovation-driven companies in Nova Scotia – the Sprint competition and GreenShoots.

Sprint is a funding program that provides as much as $25,000 in non-dilutive funding as well as business guidance to a range of Nova Scotian startups. The goal is to help young companies meet specific, short-term aims and reward them

The National Capital Angel Organization has presented its Angel of the Year award to Mark Dobbin, the Founder and President of St. John’s-based Killick Capital, and given Gerry Pond a Lifetime Achievement Award.

The awards were announced Thursday during NACO’s Atlantic Summit, a virtual national event that focused on angel funding and the development of early-stage companies in Atlantic Canada.

With only 16 percent of Canadian small and medium-sized businesses owned by women, there is still much work to do in all sectors to support the full and equal participation of women in the economy. As an Atlantic bio-business accelerator, Emergence is committed to advancing gender equity and supporting the establishment and success of women-led bioscience companies.

According to the 2019

Trevor Hennigar, the former President of Hawthorne Capital, has joined Halifax-based Rimot.io as Chief Operating Officer, assisting not just in day-to-day operations but also strategy and fundraising.

Hennigar has previously overseen an investment portfolio at Halifax-based Hawthorne, which backs small and medium-sized businesses in Atlantic Canada. He is also familiar with the region’s startup