Even if Verafin did not exist, the Newfoundland and Labrador startup community would have had a really good year in 2019.

Of course, Verafin does exist, and it did raise $515 million in equity and debt in September 2019. Wrapping up our look at startup data in the four Atlantic Provinces, we’re examining the data in Newfoundland and Labrador, the province that drove the startup agenda in 2019.

A Halifax human resources firm is pioneering a new service for clients that it calls “cluster employment”, which it hopes will improve working conditions for part-time or gig workers.

Placemaking 4G has launched the service that’s helping workers land positions with benefits for multiple employers, and it has already had success in finding jobs for people.

The system allows employers who only

Energia Ventures will hold a virtual demo day on Dec. 16, featuring the five companies from three countries that are completing its latest three-month cohort.

The program, which began Sept. 30, is part of University of New Brunswick’s J. Herbert Smith Centre for Technology Management & Entrepreneurship, commonly known as TME.  This is the fourth year the university has held the accelerator,

There’s no shortage of winners from Verafin’s pending sale to Nasdaq, and one of the big ones is the government of Newfoundland and Labrador. The provincial government may haul in $100 million from the deal at a time when it could really use the cash.

St. John’s-based Verafin, the anti-fraud software maker, agreed last month to be taken over by Nasdaq, for US$2.75 billion in cash. They also

It would have been difficult for New Brunswick in 2019 to outdo its performance of 2018, especially in terms of funding.

The province in 2018 generated $84.7 million in equity funding, including three investment rounds worth more than $10 million each, by Sonrai Security, Introhive and Resson. Funding in 2019 fell by three-quarters, down to $19.5 million. It seems like a disappointment, but we

As it proceeds through the prestigious IndieBio accelerator, Kraken Sense is also working on moving its headquarters from Mississauga, Ont., to Sydney, Cape Breton.

Kraken has developed a culture-based test that tells food producers and water companies quickly whether their product contains pathogens, which are such disease-causing micro-organisms as bacteria and viruses.

The company has

SimplyCast, a Dartmouth-based automated marketing company, has launched a new solution to help businesses offer contact tracing services during the pandemic.

The company issued a statement last week saying the new mobile solution will help small and large businesses, as well as other organizations, register people who visit their premises using their cell phones. It is offering the service free

Atlantic Canadian startups are on track to raise more than $100 million in equity financing this year now that the Canadian Venture Capital and Private Equity Association said the region attracted $79 million in venture capital in the first three quarters.

The Association, which is known as the CVCA, released its third-quarter statistics on Thursday, and they show a huge leap in funding in Nova

CyberNB, the New Brunswick group that promotes cybersecurity, has signed a multi-year agreement with Ukraine, which will help its partners bid for work in the country.

CyberNB is a non-profit that coordinates industry, government, and academia to encourage innovation and maturity in cybersecurity for critical infrastructure protection. The organization has a group of partners across Canada that

Our Job of the Week column today features an opening for a Venture Manager at the Creative Destruction Lab Atlantic in Halifax, and the deadline to apply is end-of-day Monday.

The CDL Atlantic, housed at the Rowe School of Business at Dalhousie University, provides startups with access to a network of accomplished entrepreneurs and investors. Originally conceived at the University of Toronto’s