CBGF, Innovacorp Invest in Proposify

With its annual recurring revenue hitting $8 million, Halifax-based Proposify has closed a substantial funding round led by Toronto-based Canadian Business Growth Fund, or CBGF.

The parties declined to reveal the size of the round, though CBGF says it normally makes investments of between $3 million and $20 million. It was the first Atlantic Canadian investment by CBGF, a young $545 million fund

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Ocean Startup Challenge Launched

The Ocean Startup Project, an initiative helmed by Canada’s Ocean Supercluster, is accepting applications for a competition in which would-be entrepreneurs can compete to solve problems faced by oceans companies.

Donald Grant, the project’s executive director, said in an interview that his team hoped to develop a shortlist of 15 to 20 individuals or teams that will compete for ten $25,000 prizes

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Jobs: Quality Manager at Adaptiiv

Halifax-based biotech company Adaptiiv Medical Technologies continues to grow and is hiring a Quality Manager, a posting that headlines our Jobs of the Week column.

Adaptiiv, which raised $3.4 million in equity financing earlier this year, has developed a system that 3D prints a bolus – a piece of plastic that is placed over the cancerous area in a patient undergoing radiation therapy. The

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FitzGerald To Advise BreatheSuite

Noted asthma and COPD expert Dr. J. Mark FitzGerald has joined the advisory board of St. John’s medtech startup BreatheSuite.

FitzGerald earned his medical degree from University College in Dublin, and is now listed as the director of the Centre for Heart and Lung Health at the Vancouver Coastal Health Research Institute, as well as a member of the University of British Columbia Faculty of

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Cyno, Bluedrop Sign Deal

St. John’s telehealth startup Cyno has inked a deal with e-learning and professional development company Bluedrop Performance Learning, also of St. John's.

Cyno will allow Bluedrop employees to access medical services remotely, including via live video and text-based messaging.

Cyno was founded in 2017 to help physiotherapists service patients outside of clinic and office hours, and has since

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CloudKettle Announces New Hire

Halifax tech consultancy CloudKettle has announced the addition of a new executive, Eliot Harper.

Harper is a noted expert on Salesforce’s Marketing Cloud platform, having written several books on the topic and worked directly with Salesforce.

Marketing Cloud offers automation and analytics services for advertisers. CloudKettle provides consulting services to large SaaS companies, many of which

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