The Axis Accelerator at the University of New Brunswick in Saint John is receiving a second round of funding through the Atlantic Canada Opportunities Agency (ACOA).

With ACOA’s new funding of $248,211, the accelerator plans to boost its sales and other programs, as well as expand collaboration with regional ecosystem partners.

Launched as a pilot through the Faculty of Business in Saint John

Having completed a $600,000 round of funding last year, Windsor, NS-based supplement-maker TheraPBios PHARMA is now launching a drive to raise a further $400,000 to finance its drive into the Ontario market.

The fundraising exercises are part of the company’s $2 million plan to place its Bioteem40 supplements in stores across Canada and eventually, the U.S. The product has been approved by

Halifax-based Marine Thinking will lead two research projects with a total value of almost $5 million, Canada's Ocean Supercluster announced on Thursday. 

The two projects to be led by the Halifax company were part of a package of three new ocean innovation projects with a total value of more than $9 million unveiled by the Supercluster at an event at The Pier in Halifax on Thursday. The

Retellio, the St. John’s company that uses AI to create personalized podcasts for the staff of large businesses, has closed a $1.3 million venture capital round, to help finance its scaling plans.

St. John’s-based Pelorus Venture Capital led the round, which included such investors as The 51 (an Alberta-based investor in female-led companies), Charlottetown-based Island Capital Partners, Saint

Ecosystem members are invited to watch 24 teams from University of New Brunswick and other Canadian post-secondary institutions compete for up to $30,000 in cash awards later this month.

The BMO Apex Startup Challenge will be held Thursday, Jan. 23 and Friday, Jan. 24 at the University of New Brunswick and at startup hub Planet Hatch.
 
The events include:
The Elevator Pitch Competition &

Applications are sought for Foresight Canada’s 2025 Cleantech Awards with organizers planning to recognize ventures and ecosystem leaders that are advancing innovation and growth in Atlantic Canada.

BC-based Foresight Canada is a cleantech innovation and adoption accelerator that works to connect public and private sectors to clean technologies, de-risking and simplifying the adoption of

Dartmouth-based Aruna Revolution, a women-led company that makes compostable sanitary products from plants, last week raised money on the popular television show Dragons’ Den.

The Aruna team asked the Den’s investors for $250,000 for a 10 percent share in the business. After negotiations, Dragons Michele Romanow and Manjit Minhas partnered up and offered $300,000 for 25 percent of the company,

Spellbook, the St. John’s maker of AI-driven tools for lawyers, has announced a new product for in-house counsels – the lawyers whose only client is the enterprise they work for.

This week, the company – which has raised more than $40 million in equity funding in the past two years – launched Playbooks, a product that uses artificial intelligence to reduce tedious tasks common to in-house

As we research our Atlantic Canada Startup Data Report, which we’ll publish in the spring, we think it’s more important than ever that startup founders or CEOs complete our short survey.

Why more important than ever? Because the startup community is at a crossroads and there are vital questions that need to be answered.

Each year, Entrevestor publishes the report to give founders, investors and

We’d like to start 2025 with a piece of news we missed late last year: Site 20/20 of Dartmouth and WeyMedia of Dieppe, N.B., were both named to Deloitte’s prestigious Technology Fast 50 list of Canada’s fastest-growing startups.

Site 20/20 placed 31st on the list of meteoric Canadian startups in 2024, with revenue growth of 686 percent in the past four years. It was the second year in a row