Nine Enter Innovacorp Accelerate

Nova Scotia venture capital Crown corporation Innovacorp has announced nine participants for the inaugural cohort of its revamped Accelerate program.

The program will replace both the old, longer program of the same name and the shorter Sprint accelerator. It will be completely virtual and focus on oceantech, medtech, agtech and cleantech. The program is meant for companies that have established

Continue Reading

GoodLeaf Starts Montreal Plant

Vertical farm operator GoodLeaf Farms announced last week it expects to break ground on a new indoor vertical farm in the Montreal area by autumn – its first expansion since building its Guelph, Ont. plant in 2019.

Founded by Halifax entrepreneur Gregg Curwin in 2011, GoodLeaf grows micro greens indoors year-round using data science, LED lighting and advanced watering and fertilizing techniques

Continue Reading

Job Openings: Passiv, Dalhousie U

Our Jobs of the Week column today features a pair of openings: Fredericton-based Passiv is looking for a Marketing Associate, while Dalhousie University in Halifax needs a Manager for its Mentorship Skills Project.

Passiv has developed software that helps passive investors – who use low-fee investment vehicles like ETFs – rebalance their portfolios. The company has been growing strongly and

Continue Reading

Startups Land $1b in Funding in 30 Months

Atlantic Canadian startups have raised more than $1 billion in growth capital in the last 30 months, according to research released today by Entrevestor.

Today we're publishing the 2020 Atlantic Canadian Startup Data Report, which shows that East Coast startups rebounded with vigor from the initial shock of the pandemic. Though the creation of new companies slowed down, employment and revenue

Continue Reading

GoAhead Invests in Metricsflow

St. John’s-based Metricsflow, which says it has created a privacy-friendly online tracking service, has inked a deal with GoAhead Ventures, a US$112 million Silicon Valley venture capital firm.

The GoAhead investment is part of Metricsflow’s latest funding round. CEO Isaac Adejuwon said he could not share a dollar value for the investment because the company is not “priced” yet. But last year,

Continue Reading

BoomersPlus’s New Mentor Project

BoomersPlus, a Halifax company that matches seasoned professionals with part-time jobs where their experience is needed, is testing a new initiative to help startups find industry mentors.

The Virtual Startup Mentor Pilot program will see a roster of retired and semi-retired people with experience in corporate leadership roles spend twelve weeks giving operational, financial and marketing advice

Continue Reading

Verschuren, Bioenterprise Sign MOU

Sydney’s Verschuren Centre and Bioenterprise, Canada’s food and agri-tech organization, have signed a memorandum of understanding to work together in support of sustainable innovation in agriculture and the bioeconomy.

 In a statement, Bioenterprise said the partnership means greater connection to opportunities and resources in Canada’s bioeconomy and the possibility of more collaborations with

Continue Reading

Turning Waste Plastic into Bricks

Even after decades of attempts by governments and environmental groups to make recycling ubiquitous, the industry faces at least one constant challenge: finding uses for discarded material. But the founder of New Brunswick-based PLAEX Building Systems says his company can help.

PLAEX is developing modular, interlocking bricks made from about 90 percent recycled materials. The bricks lock

Continue Reading

Halifax Index Launches Thursday

Entrevestor will be participating in the release of the Halifax Index on Thursday at 9 am, bringing our insights on startup and innovation to the Halifax Partnership’s annual assessment of the city’s economy.

The Halifax Index tracks the city’s metrics across major themes: people, labour, investment and innovation, affordability and quality of place. It includes a progress report on Halifax’s

Continue Reading

CoteX Pioneers Fertilizer Manufacturing Process

In the latest win for Sydney’s Verschuren Centre biotech hub, agtech startup CoteX Technologies has relocated from India to use the facility.

Founded in 2018 by chemical engineer Santosh Yadav, CoteX uses a process called thermoforming to apply delayed-release coatings to fertilizer pellets more cheaply than existing methods.

“Polymer-coated fertilizer exists in the market, but our innovation

Continue Reading