The New Brunswick Innovation Foundation invested $4.98 million in equity funding for the province's startups in its 2021-2022 fiscal year, in what it said was a record fundraising year for its portfolio companies.

NBIF’s venture capital investments accounted for almost exactly a third of its total $14.3 million of spending, according to the organization’s 2022 Impact Report. Another $7.4 million

Halifax medical device maker ABK Biomedical has closed a US$30 million, or about C$40.9 million Series C funding round, marking one of the largest capital raises in Atlantic Canada so far this year.

The round was co-led by two new investors: Austin, Texas-based medtech venture capital fund Santé Ventures and “a significant, undisclosed MedTech strategic investor.” Existing shareholders F-Prime

Moncton-based online recruitment and talent management website CareerBeacon has announced that it will present a live event in Halifax in May called MoveFwd, which will focus on leadership and management strategy.

Slated to be held at Pier 21 on the waterfront, the day-long conference will be headlined by HRU Technical Resources President Tim Sackett, whose Missouri-based recruiting company

Halifax-based Hollo Medical and PragmaClin Research of St. John’s will represent Canada at the global finals of the Entrepreneurship World Cup in the early stage and ideation stage categories, respectively.

Three of the seven Canadian finalists were from the Atlantic provinces, with MOC Biotechnologies, also headquartered in Halifax, the only one of the trio not to advance to the international

Halifax-based Clean Leadership Summer Internship Program is seeking employers to offer summer employment to youth interested in a career in the green economy.

The group’s summer program matches employers with interns (age 15-30) for 9 to 15-week work placements. Organizations located across Nova Scotia who focus on climate change mitigation, conservation, waste management, clean tech, active

Halifax medical imaging startup Densitas has signed a deal to incorporate its technology into the Nuance Precision Imaging Network — an American cloud storage and artificial intelligence platform for medical imaging — making it accessible to about 10,000 healthcare facilities in the United States.

Densitas’s intelliMammo platform consolidates three previous software offerings that measured

Mount Pearl, NL-based Compusult, a geospatial software company, is leading a new $6.3 million project announced by Canada’s Ocean Supercluster last week to help chart the country’s coastline.

The supercluster issued a press release unveiling the C-Mass Project, which stands for Coastal Mapping/Monitoring via Autonomous Systems and Services. Using uncrewed autonomous vehicles, the team behind the

Memorial University’s Research Innovation Office is accepting applications from startups for its Insight Business Consulting Program, which will see its master of business administration students consult for early-stage technology companies.

The program represents a broader rollout of a model first tried by the university last year in the form of a $278,000 pilot project. The pilot and the

Invest Nova Scotia and the Halifax Chamber of Commerce are looking for applicants to its Atlantic Trade Accelerator Program, or TAP, designed to help young businesses tap international markets.

The program includes workshops, peer-to-peer activities and mentorship from domain experts. According to the chamber of commerce, about 70 percent of its participants go on to successfully export their

Invest Nova Scotia, the new provincial Crown corporation formed from the amalgamation of Innovacorp and Nova Scotia Business Inc., has announced 10 startups joining its Accelerate program.

Previously operated by Innovacorp, the Accelerate program offers participating companies 5 months of business and technical training. Participants in the previous cohort earlier this year were eligible for up