In announcing its whopping $515 million equity-and-debt deal on Wednesday, St. John’s-based fintech company Verafin revealed more about its stellar operations than about the deal itself.

Other than the headline number, the highlight of the announcement is that the company’s founders, management and staff are still the largest shareholding group. That indicates the performance of the underlying

St. John’s-based Verafin, the world’s largest financial crime management software company, has closed a $515 million equity and debt recapitalization, which it says is one of the largest growth financings ever by a Canadian software company.

In a statement, Verafin, whose software helps banks battle fraud and money-laundering, said it has enjoyed tremendous growth in recent years, hitting $100

As evidence of its growing momentum, St. John’s-based Mysa Smart Thermostats has been named to two elite pan-Canadian programs this month.

On Wednesday, the company was one of 10 Canadian companies named to the Lazaridis Institute’s Scaleup Program, which helps leading tech companies increase their sales. Three weeks earlier, Mysa was among the 20 companies named to the Canadian Innovation

Medusa Medical Technologies, the Halifax company that builds communication software for paramedics, is developing a new generation of software that customers can use on a range of platforms.

In an interview at the Invest Atlantic conference called Funding Founders, Medusa Chair Glen Dexter said the current version of the solution operates off a Windows-based operating system. The new version,

The Founder Institute, the world’s largest pre-seed accelerator, is launching its newest chapter in Halifax and has opened applications for its winter 2020 cohort.

With plans to host two semesters annually, the Silicon Valley-based organization aims to launch more than 20 meaningful and enduring technology companies per year in Halifax.

The Founder Institute’s step-by-step program provides

Halifax-based VineView, which provides remote sensing technology for vineyards, has extended its blanket flyover coverage to the California communities of Edna Valley, Monterey, Paso Robles and Santa Barbara.

For years, VineView has flown most of Napa Valley and Sonoma County twice annually – once during bloom, and again during veraison, or the onset of ripening – capturing data on each vineyard

MentorCamp took place in Charlottetown on Monday, bringing together seven companies for an intense day with 28 mentors from Atlantic Canada and other parts of the world.

Launched in Halifax in 2011 by investor and consultant Permjot Valia, MentorCamp assembles promising companies and schedules rotating meetings throughout one day with about two dozen mentors, who meet the entrepreneurs in groups

Swedish ed-tech company Binogi has opened a mobile app and animated content creation facility at Volta, Halifax's startup hub. The new space will support its e-learning platform. The company is also hiring staff, aiming to raise its three-person Halifax operation to 40 people by early in 2020.

Binogi is recruiting writers, animators, developers and voice actors to help in the creation of their

A crowd of startup enthusiasts in Charlottetown on Sunday night heard what it takes to raise funding in every band imaginable.

The event at Startup Zone was the opening phase of MentorCamp 2019, which will take place in the P.E.I. capital today. MentorCamp CEO Permjot Valia came up with the idea of an event that could tell founders what to expect in their fundraising efforts, regardless of the

SimplyCast, the automated marketing company based in Dartmouth, has announced a $100,000 fund to benefit young people as the central part of its 10th anniversary celebration.

President and CEO Saeed El-Darahali said at an anniversary party in Halifax on Friday that the Youth First Fund would be used to award scholarships and bursaries to students, finance internships and help graduates pay off