Halifax-based QuickFacts Inc., which has developed a customizable software platform for insurance brokers, has captured the 2023 Gerry Pond Award for sales and traction.

Propel, Atlantic Canada’s virtual accelerator, presented the award and its $25,000 cash prize to QuickFacts during a virtual awards ceremony on Monday afternoon.

First awarded in 2019, the Gerry Pond Award is given to a startup

Sherbrooke, Que,-based Oneka Technologies, which has substantial business interests in Nova Scotia, has received a $4.9 million grant from Sustainable Development Technology Canada, or SDTC, as it marks the official creation of its Chilean subsidiary.

The formation of the new entity comes after the success of a six-month Oneka test project off the coast of Agarrobo, near the Chilean capital of

Dartmouth-based advanced manufacturing company Meta Materials said Friday it will sell another 83 million of its shares at US$0.30 apiece on the Nasdaq stock exchange to raise US$25 million, or C$33.4 million, sending its stock price tumbling.

Its shares shed 40 percent of their value on the announcement, falling to a low of just under US$0.22 Friday, and its market capitalization slid to just

As we begin to dig through the data for our coming report on the Atlantic Canadian startup community, one theme that is emerging is the slowing growth of the community overall.

The preliminary data we’ve accrued so far shows there were 805 startups in Atlantic Canada at the end of 2022. Had the community continued to grow as it was before the pandemic, the number would be over 1,100. We’ll

Halifax-based marine coatings maker Graphite Innovations & Technology, or GIT, has closed a $10.2 million Series A funding round led by BDC Capital’s ClimateTech Fund as it looks to scale up its commercialization activities.

Also investing is U.K.-based Stolt Ventures, the investment arm of Stolt-Nielsen, which was founded in 1959 and now operates more than 150 tanker ships, as well as fish

The Dartmouth-based Centre for Ocean Ventures and Entrepreneurship, or COVE, is adding a new feature to its annual Demo Day this year: a pitch session with representatives from 10 bluetech startups and 10 venture capital firms.

The event dubbed Pitch + Roll, is by invitation only and will include three-minute pitches from each startup, followed by a facilitated discussion time. Companies chosen

The Victoria-based Centre for Ocean Applied Sustainable Technologies, or COAST, has announced veteran bluetech and industrial executive Jason Goldsworthy as its new executive director.

Goldworthy was previously Vancouver Island operations manager for Halifax-based environmental consulting firm Pinchin and CEO of Victoria-based startup Accumulated Ocean Energy, which captures wave energy and

Pulse Innovation, a Halifax-based industry network for health professionals involved in commercializing innovative medical technologies, will host a “Startup Crawl” networking event in Halifax April 27 featuring headline-making supply chain software business Milk Moovement.

Inspired by the British convention of the pub crawl, in which participants visit a variety of community bars as part of a

Invest Nova Scotia has announced 11 companies joining the first 2023 cohort of its Accelerate startup program.

Accelerate offers participating companies 5 months of business and technical training and $40,000 of funding.

Accelerate, which Innovacorp retooled in the summer of 2021, replaced both the old, longer program of the same name and the shorter Sprint accelerator. It is completely virtual

Halifax-based innovation hub Volta today announced it will move its operations this fall to the Armoyan Centre at 1800 Argyle Street, the former World Trade Centre building.

The decade-old startup support organization until recently occupied the first three floors of the Maritime Centre, at the corner of Barrington Street and Spring Garden Road. With more than 40 resident startups, it needed