St. John’s-based ClearRisk, which provides risk-management software, is hoping to accelerate its recent 30 percent annual growth rate on the back of a $2.5 million round of growth capital and a few landmark sales.

The company said Monday its bank account recently swelled by $3.3 million due to the fundraising exercise and three large sales that add up to $800,000.

The growth capital is mainly a

Twenty-three teams from 11 universities have been accepted into the Winter 2021 cohort of Lab2Market at Dalhousie University – the biggest representation of institutions in the program’s history.

Modeled on I-Corps in the U.S. and ICURe in the U.K., Lab2Market started last year as a Canadian program that helps academic researchers assess whether their research could be the foundation of a

TechCrunch, the bible of the Silicon Valley startup cluster, published a long-form article on the Atlantic Canadian startup community this weekend, showcasing the growth of the segment in the world’s biggest tech centre.

Titled “Does Atlantic Canada have a blueprint for rural revival in the post-pandemic era?”, the article was written by Matthew Carpenter-Arevalo, a graduate of Fredericton’s St.

Planetary Hydrogen, which plans to capture carbon in the world’s oceans, claimed the $2,000 first prize at the annual Start-Up Yard Pitching Event on Thursday.  

Start-Up Yard, Innovacorp’s oceantech hub on the Dartmouth waterfront, brought together nine early-stage entrepreneurs to pitch their companies, and presented Planetary Hydrogen with the top award.

The cleantech company, which recently

Various national groups have announced funds that boost funding opportunities for diverse founders.

Toronto-based Bay Mills Investment Group has launched its Bay Mills Diversity Fund, which focuses on strengthening investment into BIPOC founders working in specific emerging markets.

The group is preparing to deploy its first $25 million tranche. Investments will range from an initial $500,000

Jason Pearson is a chemistry prof with a big sales job ahead of him.

Pearson is the Founder and CEO of Charlottetown-based Stemble, whose digital platform aids the remote teaching of chemistry to post-secondary students. The system is now used by 3,500 students at three Canadian universities.

By the time students return to class in September, he wants to increase penetration to 30 universities

In its second Atlantic Canadian deal in a week, Arlene Dickinson’s District Ventures Capital has invested in Fredericton-based manufacturing company Vertiball, whose product helps ease back pain.

The Calgary-based investment group headed by Dickinson issued a statement on Tuesday saying it had closed the investment in the company, though it did not reveal the size of the investment.

When

University of Toronto and University of Waterloo were the big winners at the 2021 Canadian finals of the Venture Capital Investment Competition, or VCIC.

The Sobey School of Business at Saint Mary’s University hosted the event last weekend, with six teams competing in each of the Graduate and Undergraduate Divisions. U of T won the Graduate Division, while Waterloo was the Undergraduate

Halifax-based ValidCert, a blockchain- and SaaS-based company that validates people’s credentials, has completed a soft launch of its product with the Research Innovation and Commercialization Centre in Ontario.

The company aims to prevent people from using fraudulent diplomas or other certificates by offering a secure site where institutions can host digital credentials for their graduates.

Corporate innovation specialist Highline Beta is looking for an Executive Director for Accelerators, an opening that headlines our Job of the Week column today.

Based in Toronto, Highline Beta helps Fortune 1000 companies identify new growth areas and works with them to develop new products and services. The group says it turns “insights into action, and leverages Highline Beta’s venture capital