With its Newfoundland and Labrador-focused fund performing better than expected, Pelorus Venture Capital is talking about raising a second fund.

Four years ago, the Atlantic Canadian investment group began to manage the Venture NL fund, which makes early-stage investments in companies based on The Rock. Director Chris Moyer said in an interview this week the fund’s portfolio companies have

TurboPlay, a Fredericton company building a customized marketplace for indie games, has raised $200,000 from the New Brunswick Innovation Foundation as part of an initial funding round.

NBIF issued a press release on Monday outlining its contribution to what it described as a “seed round”. The statement said the funding includes investments from angels, but did not say the total value of the

Volta presented Ecosystem Impact Awards to five companies or organizations Thursday to acknowledge their contributions to nurturing startups in Atlantic Canada.

The Halifax startup hub initiated the awards this year to recognize groups that had helped to develop the ecosystem across the region. It handed out the awards at its summer party last week.

“The support and leadership within the

Our Job of the Week column today showcases two openings at Remsoft in Fredericton and one at Springboard Atlantic in Atlantic Canada.

Remsoft, a predictive analytics software company, helps its clients in the forest industry increase land value by analyzing forests' age, growth, and the market value of the lumber. This company has openings for a Director of Marketing and Communications and a

The winner of the 100 Entrepreneurs Planting Seed$ pitching competition plans to use the prize money to help improve modern farming methods in rural Nova Scotia.

Thian Carman is the owner of Meadow’s Brothers’ Farms, which purchases or leases abandoned farmland, and returns it to active food production. Now he has the money to buy some equipment that will help not only his farm but also his

With a new CTO on board and revenues expected to hit $1 million this year, Bedford-based VineView is on the hunt for capital, hoping to close a $10 million funding round near the end of the year.

VineView uses aerial images to assess the health and output of vineyards, and has become the market leader in France. The company in its current form was created in early 2018 when Halifax-based

Kognitiv Spark on Thursday said it was named a finalist in the 2019 Microsoft Mixed Reality Partner of the Year Award.

The Fredericton company, which uses augmented reality and mixed reality to assist remote workers using complicated equipment, was honored among a global field of top Microsoft partners. Microsoft presents the award for excellence in innovation and implementation of customer

As a driving force behind the Canadian Institute for Cybersecurity and the private company Eyesover,  Ali Ghorbani’s résumé is an impressive document – and he’s not finished adding to it.

Before serving as the founding director of the Fredericton-based CIC, Ghorbani was the Dean of Computer Science at University of New Brunswick. A deep believer in applied research, he also develops technology

St. John’s-based Mysa Smart Thermostats has closed a $2.3 million equity funding round, which it plans to use to launch new products and expand sales.

Co-Founder and CEO Joshua Green said in an interview that the funding follows on from a $1.5 million round about a year ago, with all its previous investors putting in more money.

The company was founded under the corporate name Empowered Homes

The global consultancy Deloitte is acquiring Fredericton-based Blue Spurs Consulting to enhance its capabilities in cloud-based technologies and increase its presence in Atlantic Canada.

Deloitte issued a statement on Tuesday saying it would purchase the firm and bring on board its 70 employees. The press release did not say how much Deloitte was paying for the company.

In acquiring Blue Spurs,