Veer Group, the Lunenburg, NS, startup that plans to build hydrogen- and wind-powered container ships, has signed a €50 million, or about C$73.2 million letter of intent with a European backer to finance its first two vessels.

Founded by shipping entrepreneur Danielle Southcott, the company is in the midst of the tender process with shipyards. Her team recently toured a production facility for

Fredericton-based Picketa Systems, maker of the LENS hardware and software suite for analyzing plant tissues, is expanding the system’s capabilities to include analysis for corn crops, in addition to its original focus on potatoes.

The upgrade will launch this spring as part of what Picketa described in a statement as a broader effort to expand the LENS’s capabilities and grow its market,

With Atlantic Canadian startups raising more than $237.6 million in equity funding this year, improving on last year’s total, the region’s venture capital landscape remains bifurcated between established businesses with traction and young startups still finding their feet.

Despite a headline number at least $7.6 million higher than last year, more than half of total funding went to just four

Invest Nova Scotia is looking for applicants to the winter cohort of its Early Stage Commercialization Fund for university research, which offers startups up to $50,000 of funding.

The money can go towards assessing a product’s market potential, developing go-to-market strategies and other planning, finishing a proof-of-concept, prototyping and leveraging other funds.

And for the third time

The Halifax Partnership has announced the six winners of its Circular Food Solution Challenge, which will each receive $5,000 to pilot or test circular economy technologies for the food sector over the next three months.

The competition was hosted by the Partnership's Halifax Innovation Outpost in collaboration with the National Zero Waste Council, which is a public sector and industry group led

ASETS-CA hopes to make engineering work as simple as playing a video game, according to CEO Ashwini Oke, and the Fredericton maker of computer-aided design, or CAD, software now has significantly more funds with which to achieve that goal after closing its seed round.

The deal was led by multi-billion-dollar venture capital firm Accel, with additional investors including the New Brunswick

Fintech startup Woveo, which was originally founded in P.E.I. and is now headquartered in Calgary, has raised a $2.3 million seed round.

Woveo is a platform that lets users pool their money and take turns borrowing from the collective fund without paying interest in a process called rotational savings. The round’s investors included BKR Capital, which specializes in backing Black entrepreneurs,

Infusd Nutrition has raised a round of angel funding and is working with 10 international beverage ingredient-makers to implement its technology in their businesses under licensing deals, just months after the Halifax startup launched.

Infusd was founded by lawyer Jack MacDonald and chemical engineer David Giffin, and based on intellectual property developed over the last five years at

Halifax startup hub Volta is looking for applicants to its annual Democamp, which gives young companies the chance to showcase their technology for investors and other innovation community members.

Slated to be held at Volta’s new, Argyle Street offices Feb. 15, the event lets entrepreneurs expound on the technological aspects of their businesses. But they must do so without the help of a slide

Genesis, the Newfoundland and Labrador startup hub, held a demo day for graduates of its Evolution accelerator last week, with seven companies participating.

Evolution is a “pre-incubator” course meant to prepare young companies for longer programs, such as Genesis' own, three-year Enterprise incubator. The course promises to help entrepreneurs clarify their businesses’ value propositions, find