Charlottetown’s BioVectra, which manufactures pharmaceutical ingredients and is owned by Miami-based private equity firm H.I.G. Capital, has been included in Waterloo incubator Communitech’s inaugural Team True North list of startups that are on track to reach $1 billion in annual revenue.

To qualify for the 35-company list, businesses must show growth rates equal to the top one percent of

For the third year in a row, Atlantic Canada has failed to rank among the world’s top 100 emerging startup ecosystems in The Global Startup Ecosystem Report from Startup Genome, the Silicon Valley group that assesses innovation communities.

Startup Genome each year ranks innovation ecosystems around the world according to criteria such as the performance of their startups, their success at

The Lazaridis Institute at Wilfrid Laurier University in Waterloo is looking for 10 companies to join its next cohort of the Lazaridis ScaleUp program, which helps promising Canadian companies to increase their revenues. 

Through the program, selected teams receive the mentorship and support they need to succeed at a global level, organizers said in a statement. The program is free and

A troubling divergence has developed in the Atlantic Canadian startup community as early-stage companies have difficulty launching even as their elder comrades grow rapidly.

This is the main conclusion of the 2021 Atlantic Canada Startup Data report, which we are unveiling today. This is the first of our annual data reports in which we have warned about early-stage founders experiencing undue

With one of only three bioreactors in Canada, Sydney’s Verschuren Centre, which helps cleantech companies develop sustainable technologies and bring them to market, has received funds to expand its lab facility and increase its bioreactor capacity by 10 times.  

The centre, which  is working with more than 40 companies to develop new bioeconomy and green energy ideas, has received a grant of $2

Cybersecurity company Verafin, which became the most valuable startup in Atlantic Canadian history when it exited to Nasdaq in 2021 for US$2.75 billion, is continuing to grow its staff in its home city of St. John’s, reaching 900 employees last week.

Founded in 2003, Verafin provides more than 2,000 financial institutions in North America with a cloud-based platform to help detect,

British Columbian startups OnDeck Fisheries AI and PhyCo have been awarded $10,000 each as part of the Ocean Startup Project’s first-ever Ocean Idea Challenge competition.

The Ocean Startup Project, which encourages the launch and development of oceantech startups, launched the Idea competition to help startups to validate their sustainable ocean ideas. The organization announced four winners of

Entrevestor will launch our 2021 Startup Data Report on Tuesday, revealing the results of our annual startup survey in a live event at Halifax innovation hub Volta.

Our report is the benchmark source of data about the Atlantic Canadian startup community. Our proprietary database — which we use to write the report, presenting the data only in aggregate to respect confidentiality — contains

Moncton medtech startup Breathe BioMedical is halfway through a $5 million funding round, with soft commitments for more.

CEO Steve Graham said in an interview that of the $2.5 million Breathe has raised so far, about 80 percent has been drawn from New Brunswick investors. He said one reason for this is New Brunswick’s Small Business Investor Tax Credit, which offers angel investors a

Pascal McCarthy, CEO of Fredericton-based Parados Cerebral Solutions, is one of five Canadian businesspeople to win this year’s Mitacs Entrepreneur Awards.

McCarthy won the National Change-Agent Entrepreneur title. His company is developing a system to use sensors in mouthguards and along athletes’ spines to measure the force of head impacts, such as when football players tackle each other.