Saint John-based TrojAI, which makes cybersecurity software for artificial intelligence systems, has been recognized as one of the 100 most promising AI startups in the world by New York startup intelligence group CB Insights.

CB Insights this week published its sixth annual list of the world’s most promising AI startups in the world. Betakit reported Thursday that five of the companies are

Several startup organizations have come together to generate a major Atlantic Canadian presence at Startupfest in Montreal this summer and are branding the initiative Startup Atlantic.

In particular, the organizers are hoping business accelerators and incubators, or BAIs, will send representatives and that founders themselves will attend the event to network and promote their companies.

Though

Fredericton’s PLATO Testing, an Indigenous information technology services and training company, has raised $2 million from Vancouver-based Raven Indigenous Capital Partners and plans to roughly double its staff over the next year.

The deal is a step towards making good on a promise CEO Keith McIntosh made when he founded PLATO to eventually transfer majority ownership to Indigenous hands, since

TechImpact, a New Brunswick industry group for information technology, is at the forefront of a private sector movement in the province to help resettle and employ knowledge workers displaced by the war in Ukraine.

The organization has created a webpage with resources for both Ukrainian refugees and companies interested in hiring them, including a link to a provincial registry of employers

Canada’s Ocean Supercluster said Tuesday it will spend $750,000 on a program to help Indigenous people transition to careers in the ocean economy, topped off with another $250,000 from the Vancouver-based Clear Seas Centre for Responsible Marine Shipping.

The funding announcement follows-up a pilot program with 11 participants in the middles of their careers, all of whom successfully pivoted to

Atlantic Canadian startups booked a solid $64 million worth of capital raises in the first quarter of 2022, according to data released Tuesday by the Canadian Venture Capital and Private Equity Association.

It was the best fundraising quarter since last spring, with Atlantic startups raising $41 million in the fourth quarter of 2021 and a mere $10 million in the July-September period. 

In the

The Samqwane’jk Ocean Partnership Initiative, a joint project between Ulnooweg Development Group and Dartmouth’s Centre for Ocean Ventures and Entrepreneurship, or COVE, has announced an undisclosed amount of funding for a trio of Indigenous-run ocean startups.

3D Wave Design, Miawpukek Horizon and Smak’nis Maritime Security were chosen to co-run research and development projects with COVE, with

Precision BioLogic, a Halifax medtech company that sells diagnostic testing supplies, has launched a new product for the bleeding disorder Hemophilia B.

The Hemophilia test, recently approved by Health Canada, is in response to increasing market demand for chromogenic assays and is the only Hemophilia B test of its kind available in the country, Precision said in a statement. Chromogenic assays

Newfoundland and Labrador’s Genesis startup hub has put out a call for applications for the summer cohort of its eight-week Evolution startup accelerator, with a May 18 deadline.

Genesis bills Evolution as a “pre-incubator” course meant to prepare young companies for longer programs, such as its own, three-year Enterprise incubator. Evolution promises to help entrepreneurs clarify their

Halifax-based Adaptiiv Medical Technologies, the Halifax company bringing 3D printing to bear on cancer treatment, has inked a collaboration deal with printer giant HP and Palo Alto, California medtech specialist Varian Medical Systems.

Under the deal, Adaptiiv will use HP’s 3D printing technology, Multi Jet Fusion, to produce form-fitted coverings placed over a cancer patient’s body to direct