Having recorded a $2.7 million funding round and 10X revenue growth in 2025, St. John’s-based SiftMed now hopes to book more sales – including enterprise clients – and capital in 2026.

In fact, Co-Founder and CEO Holly Hill revealed in an interview that the company’s ambition for this year is to increase its annual recurring revenue, or ARR, by four times. Assuming revenues and ARR are roughly

Moncton-based startup hub Venn Innovation has announced the three winners of its pitch contest, held on March 28. The contest brought together 11 teams who pitched their ventures for a chance to win $7,000 in prize funding.

The winners of the contest were:

First place, winning $4,000: Trek.iQ, founded by Avery Cote.

The company is developing accessibility intelligence for venues and events,

NACO Canada, the national organization for angel investors, is recommending the federal government address the funding gap for early-stage startups with two programs costing $750 million.

The group – officially the National Angel Capital Organization – released a white paper last week with recommendations on how Ottawa should support smaller startups through its $1.75 billion venture capital

With more than 1,000 active users, Fredericton-based Parados is seeking partnerships with long-term care and home care organizations as it scales its gait-analysis software.

Founder and CEO Pascal McCarthy said in an interview the company blew through the threshold of 1,000 active users and five-digit cumulative sales in 2025, driven by early adopters across research, education, and care

Saint John-based TrojAI has announced it has partnered with New York cybersecurity firm Wiz as part of the American company’s release of its new AI Application Protection Platform, or AI-APP.

Founded by James Stewart and Stephen Goddard in 2019, TrojAI sells cybersecurity software to guard artificial intelligence systems against having malicious code injected via training data. The company is

Climative has launched a new data platform aimed at helping insurers translate climate risk assessments into practical actions for homeowners, as the industry faces rising losses from extreme weather.

The platform, announced last week, is designed to provide insurers with insights into risks such as wildfire and flooding for specific properties. It also offers step-by-step guidance that

PLAEX Building Systems, which converts waste into modular building blocks, is working on a $3 million raise as it prepares for a launch this summer.

The Moncton-area company has secured $1 million to date and is seeking an additional $2 million in equity financing to put it in a position to begin delivering its products to customers in the coming months. The funding will support the transition

Having won $100,000-plus in New Brunswick’s breakthru competition, Infralytics CEO Ethan MacLeod has his sights on developing his hardware and launching some pilot projects to help his young company grow.

At a sold-out event in Fredericton last week, Infralytics captured the first prize at breakthru, which was hosted by the New Brunswick Innovation Foundation. The company will receive a $100,000

AquaPath AI from the University of P.E.I. and Seagreen Solutions NB from the University of New Brunswick were the two big winners at the recent Student Pitch Competition at UNB.

The J. Herbert Smith Centre for Technology, Management and Entrepreneurship hosted the competition, which handed out $3,000 for each first prize, $2,000 for second and $1,000 for third.

Seagreen, which uses seaweed to

In two separate announcements, the Atlantic Canada Opportunities Agency has announced loans or grants totalling more than $17 million for eight companies in the St. John’s and Halifax areas.

The federal development agency said last week it was lending about $16 million to defence companies in Newfoundland and Labrador to help develop and manufacture critical equipment and technologies, and