3DBioFibR closes $3M Funding Round

Halifax-based natural materials company 3DBioFibR has closed a $3 million funding round to help it to scale up its manufacturing capacity to meet soaring demand for next-generation biomaterials.

The company issued a statement Tuesday saying the participants in the round included new investor AoA Innovation Fund (part of the Seattle-based Alliance of Angels), as well of returning investors Build

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How Long Before Atlantic Canada has a Cluster of Unicorns?

For years, the ambition of the Atlantic Canadian startup community has been to produce a unicorn. Now, it’s worth asking whether it’s too soon to talk about developing a cluster of unicorns on the East Coast within a few years.

The fact is we’re a lot closer to having a group of unicorns than many people realize. There are a few companies in the startup community that could cross the threshold

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Region’s Leading Startups Drove Growth in 2024

One of the main stories we highlighted in our recent 2024 Atlantic Canada Startup Data report was the strong performance shown by the region’s leading startups.

While sounding alarm bells about the dearth of early-stage funding, our 11th startup data report also stressed that the region’s Elite and Scaling startups accounted for most of the community’s funding and revenue growth.

While we have

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Niven Steps Down as CarbonCure CEO

Founder Robert Niven has stepped down as CEO of CarbonCure Technologies. The company has named Chief Financial Officer Kristal Kaye as Interim CEO.

The Dartmouth-based company issued a statement Monday saying Niven – who founded the company forerunner Carbon Sense Solutions in 2007 – will remain involved as a board member. The current CarbonCure company launched in 2012.

Under Niven’s

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MedReddie Partners with HealthPRO Canada

Saint John-based healthcare procurement company MedReddie has signed a partnership with HealthPRO Canada, which connects healthcare teams to the supplies and solutions they need to care for Canadians.

The collaboration combines MedReddie’s AI technology with HealthPRO Canada’s national sourcing expertise to improve how products and services are sourced, delivering faster, smarter, and more

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Veristart Chosen for VivaTech 2025

St. John's -based Veristart, which is improving the security around using construction equipment, has been selected as one of five global winners of the EDF Startup Challenge and will present at Viva Technology 2025.

EDF (Électricité de France) is recognizing startups that are redefining health and safety in high-risk environments, and has invited Veristart to Paris to meet with EDF and showcase

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East Coast Startups Pitch at Global Tech Event

Atlantic Canadian founders were among the hundreds of international entrepreneurs chosen to pitch to investors at the recent Web Summit Vancouver.

Web Summit started in Ireland in 2009, and last month’s conference was the first time the Web Summit had been held in North America.

The four-day event saw thousands of entrepreneurs and investors in Vancouver. Organizers said the event saw more than

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Meet our Rookie All-Stars

Each year in our Atlantic Canada Startup Data report, we present a roster of Rookie All-Stars, highlighting the more promising first-year startups in the region.

We admit it’s always the most subjective part of the report. We never have the metrics for idea-stage or pre-seed companies that we’d need in order to flag the true rising stars. We identify companies through competitions and our

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TechConnect Southeast Launching

An initiative designed to support newcomers and individuals facing barriers to employment in the tech sector is being launched by Moncton-based Venn Innovation and the McKenna Institute at University of New Brunswick.

TechConnect Southeast is designed for newcomers, underrepresented groups, and those lacking Canadian work experience. The program offers paid work placements, hands-on training,

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