Miramichi-based fintech company Patchell Brook Equity Analytics has raised $360,000 in equity funding, including a $150,000 contribution from the New Brunswick Innovation Foundation.

NBIF announced the funding Tuesday that said the other investors in the round were: the Miramichi Technology Fund, an investment fund established by former New Brunswick Premier Frank McKenna and overseen by the

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The time has come to take a big step forward in the growth of your technology company. Whether you are looking to launch a product, or perhaps expand into new markets, you will need additional capital.

The two most common funding options for tech entrepreneurs are equity or debt financing, which is also called term debt. Although equity financing through the venture capital

St. John’s-based ClearRisk, which makes software for insurers, has launched its next generation data solution ClearRisk Insights to help risk managers use their data more efficiently.

The company issued a statement Monday saying it had launched the new cloud-based product to industry-leading risk managers at the Risk Management Society of Canada Conference in Edmonton.

The company said the new

Halifax dental technology company BlueLight Analytics on Monday named local tech executive Brad Rodgers as its new CEO, replacing J.P. Furey.

Rodgers, who will begin his new role Sept. 26, was most recently the Vice-President of Product Management with Innovasea, a Halifax company that provides technology to the aquaculture sector.

“Brad’s proven successes in data analytics, leadership and

Volta is looking for early-stage startups to pitch at the next Volta Cohort event, which will give as many as five teams pre-seed funding of up to $25,000.

The Halifax-based statrup hub began the Volta Cohort two years ago to provide an initial funding boost for early-stage companies, so they have some capital to develop a product and get off the ground. Since then, the program has awarded a

Our Job of the Week column today showcases an opening at Dash Hudson in Halifax for a Product Marketing Manager.

Dash Hudson is a visual marketing Software-as-a-Service company that helps its clients increase engagement on their social media. Its software, called Vision, is a one-stop spot for clients to manage, source and engage with the traffic of their photos and videos.

The Job of the Week

IMV Inc., the Dartmouth company developing a delivery platform for immunotherapy drugs, is entering a critical phase of its 16-year history as it will soon learn the results of key Phase 2 clinical trials.

The company is conducting a range of Phase 2 trials for its flagship drug candidate DPX-Survivac, including tests in partnership with the multi-national pharma company Merck & Co. The results

Aiming to bring advanced data analytics to farmers, Hanatech IoT has publicly stated the ambitious goal of producing annual revenues of $50 million within five years.

The Bedford-based company says it has developed an Internet of Things, or IoT, solution that takes readings from sensors and uses proprietary algorithms to instantly produce data on a single platform. Though the

Modest Tree, a Halifax company that makes easy-to-create online training solutions, has received a strategic investment from Augsburg, Germany-based Renk, a member of the Volkswagen group.

The companies announced the investment in a statement last month, though they did not give the details of the transaction. They said Renk has been a client of Modest Tree for some time, and the two companies

Charlottetown-based drug manufacturer BioVectra is being sold to U.S. private equity firm H.I.G. Capital for as much as US$250 million (C$330 million) – more than three times the price it sold for almost six years ago.

BioVectra’s owner, British pharmaceutical company Mallinckrodt plc, issued a statement on Tuesday saying it had agreed to the sale. The price includes both a fixed payment now and