Four Eyes Prepares for Series A

In the wake of doubling both its team and its client count over the last 18 months, Saint John regulatory software startup Four Eyes Financial is hiring another five people and preparing for a Series A funding round in early 2022.

The 31-person company makes regulatory compliance software for financial advisors, which it sells to firms that act as “back offices” to the advisors themselves. The

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Supercluster Announces Two Projects for $3.6M

Canada’s Ocean Supercluster has announced a pair of new projects worth a combined $3.6 million -- one to remotely monitor work being conducted at offshore sites and one to develop risk assessment and crisis management strategies.

The remote monitoring system, which the supercluster dubs the Offshore Connected Worker Project, is budgeted at $3.1 million, with the supercluster kicking in $1.3

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Alongside Buys CareerBeacon

Alongside, the Moncton-based maker of human resources software, has acquired CareerBeacon for an undisclosed price, allowing the development team to take control of the job board and plot its expansion.

The Moncton company announced the purchase of the largest recruitment platform in Atlantic Canada in a press release today, but revealed no details of the transaction. Alongside CEO Yves Boudreau

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Bluetech Founders: Please Fill Out Our Survey

At Entrevestor, we're in the process of preparing our annual data reports for 2021, including our first pan-Canadian Oceantech Data Report, which will be made available to the general public early in 2022.

If you head up an oceantech startup in Canada, please consider filling out our survey here. Startup support organizations and industry groups use our data to learn how to better allocate

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IDG Communications Buys LeadSift

Halifax-based LeadSift, whose software helps tech companies identify sales leads, has been acquired by Boston-based media company IDG Communications for an undisclosed price.

The two companies issued a press release today announcing the deal, and saying that LeadSift’s technology will help the Boston company to mine data to help its tech clients to find sales leads.

LeadSift’s 15-member team

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Sankara Wins BMO Celebrating Women Grant

Lily Lynch, co-founder of Saint John-based online multicultural marketplace Sankara, is one of 18 women recognized by the BMO Celebrating Women Grant.

Nationally, nearly a thousand women business owners applied for the grant that recognizes a company’s contributions to social, environmental and/or economic sustainability.

"Building a startup can be an isolating experience, being recognized by

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Trophi.ai Races Through Seed Round

St. John’s-based Trophi.ai, which is developing artificial intelligence software for e-sports coaching and eventually real-world sports, has raised a round of seed funding led by Halifax’s Concrete Ventures and several angel investors. 

Co-founded by tech sector veteran Mike Winters and former race car driver Scott Mansell, Trophi.ai is developing software to give players of racing simulators,

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Volta To Host Media Relations Seminar

The Halifax-based startup hub Volta will host a seminar on media relations for startups next month, led by Entrevestor principal Peter Moreira.

The free seminar will be a hybrid in-person and online event to be held Jan. 12, starting at noon.

Dealing with the media can be daunting, confusing, but ultimately rewarding for startups. This seminar, which Moreira has led several times over the past

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Gaia To Produce Natural Gas for Rockets

A Saint John entrepreneur plans to tap Atlantic Canada’s high winds for carbon capture projects that she hopes will help power the space industry, with a working prototype slated for completion next year.

Tammy Cai is a Memorial University-trained engineer and the co-founder of Gaia Refinery, which was one of five companies presenting at the Energia Ventures demo day on Thursday. She and her

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DuaScript Wins Pitch & Pick

DuaScript, which makes software for compounding pharmacies, has won St. John’s-based Genesis’s Pitch & Pick competition, amid a field of heavily software-focused competitors.

The company, founded by pharmacist Jonathan Edwards, is building software to remotely validate the ingredients community pharmacies use to compound custom prescriptions. Edwards plans to charge a $1,000 per month

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