Lockhart Leaving Propel for McKenna Institute

Kathryn Lockhart, CEO of Propel, the regional virtual accelerator for tech-enabled companies, has announced she is joining the McKenna Institute at the University of New Brunswick as Executive Director, effective Nov. 10.

Lockhart has headed up Propel for more than five years and seen significant change in that time. Now, she is joining the McKenna Institute, an entrepreneurial centre based at

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GIT Opens New Facility and Lands EDC Funds

Dartmouth-based GIT Coatings, which creates biocide-free, graphene-based marine coatings, has opened a new facility and received an additional $5 million in funding from Export Development Canada. The money was presented during the opening of the company’s new global headquarters on Wilkinson Avenue last week.

The new premises will help the company, officially called Graphite Innovation &

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Business Hall of Fame Recognizes Young Entrepreneurs

Cat Adalay, founder and CEO of Dartmouth-based Aurea Technologies, is one of four emerging entrepreneurs to be recognized this week by the Nova Scotia Business Hall of Fame.

Aurea is the cleantech company behind the Shine and RISE turbines, portable wind energy systems designed for outdoor recreation, emergency preparedness, and defense applications. Lightweight, collapsible, and powerful, these

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ImmigrateAI Global Wins at G20 YEA Summit

Halifax-based ImmigrateAI Global has won third place in the Global Business Competition at the G20 YEA Summit in South Africa.

The company has won a package of $5,000. What’s more valuable, founder and CEO Max Medyk told Entrevestor, is the recognition and partnership requests the company has since received.

“This was the first time a Nova Scotia company did this on the G20 stage,” he said.

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Spellbook Closes US$50M Series B Round

Spellbook, which makes AI products for law firms, has closed a US$50 million (C$70 million) Series B round led by Khosla Ventures, one of the top venture capital firms in Silicon Valley.

Based in St. John’s and Toronto, Spellbook announced the funding Thursday, saying the deal values the company post-money at US$350 million, or C$490 million.

Khosla Ventures and Palo Alto-based Threshold

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Alaagi Focuses on Getting to Market

Sheheryar Khan speaks very fast in a voice full of excitement and a fair bit of incredulity. Less than a year after the Saint Mary’s University student founded Alaagi to make biodegradable, seaweed-based food packaging, the company is celebrating important milestones and working on new products

The company has secured over $12 million in commercial letters of intent, including pilots

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Tribe and GEN Launch Startup Huddle Halifax

Halifax-based Tribe Network, a support organization for Atlantic Canadian entrepreneurs who identify as Black, Indigenous or People of Colour, has got together with the Global Entrepreneurship Network to launch Startup Huddle Halifax.

A global program created by GEN, Startup Huddle allows founders to present their ventures, share their challenges, and receive constructive feedback from peers,

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CDL Recognizes Ledwell for Mentorship

Lauren Ledwell has been named CDL-Atlantic’s Mentor of the Year in the group’s Prime Stream.

A CDL-Quantum alumna from the first cohort in 2017 to 2018, Ledwell returned as a mentor in 2022 and has since contributed across CDL-Atlantic and CDL-Vancouver, the group said on LinkedIn. Last year, she helped founders in three different streams, mentoring nine companies, including five female-founded

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