Earthproof Exits to PS Brands

Earthproof Proteins, the Halifax maker of protein supplements derived from sources with low environmental impact, has been acquired by PS Brands, the investment vehicle of entrepreneurs Pat Murphy and Scott Berty.

Earthproof was founded in 2019 by business partners Liz Gosselin and Sarah Riley. The company makes novel products like protein powders made from crickets and algae, and protein bars

Continue Reading

Volta Announces Cohort Finalists

Halifax startup hub Volta has announced the 10 finalists in its latest Volta Cohort pitch competition, slated for May 25 with up to $25,000 of prize money for winners.

Volta started holding its Cohort events four years ago and the upcoming event will be the tenth of its kind. So far, there have been 44 winners. The prize money -- up to $25,000 per company -- also comes with mentorship services

Continue Reading

Gray Wolf Partners With SmartLedger

Fredericton cybersecurity startup Gray Wolf Analytics has inked a “strategic partnership” agreement with blockchain service company SmartLedger. The deal will include some integration of the two companies' product offerings, as well as SmartLedger joining Gray Wolf’s recently announced Early Adopter Program.

“Our relationship grew out of a shared optimism for the future of blockchain

Continue Reading

ABK Starts Human Trials

Halifax medical device maker ABK Biomedical has begun human trials for its Eye90 microspheres — tiny, mildly radioactive glass spheres visible on x-rays and CT scans, which can be injected into patients and used to view the size and shape of cancerous tumours.

The trial is being conducted in a partnership with the research unit of New Zealand’s Auckland Hospital. It is designed to test both the

Continue Reading

Snorble Raises $12.3M at $50M Valuation

Halifax’s Snorble has raised US$10 million or C$12.3 million from a single investor, New Jersey-based GK Venture Partners, valuing the company at US$40 million or C$50.1 million.

The deal, which CEO Mike Rizkalla said in an interview is effectively Snorble’s Series A funding round, comes on the heels of a $2 million raise that closed in January. GK is Snorble’s second institutional investor

Continue Reading