Appili COVID Trial Expands to Mexico, Brazil

Halifax-based Appili Therapeutics, a biopharmaceutical company developing drugs for infectious diseases, has added clinical research sites in Mexico and Brazil to its Phase 3 clinical trial evaluating favipiravir as a potential oral therapy for patients with mild-to-moderate COVID-19.

The expansion into Mexico and Brazil will ensure a timely completion of the trial, the company said in a

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Using the Seas to Capture CO2

When discussing what big, ocean-based carbon capture or storage could look like in 10 years, Matthew Eisaman likes to point out that atmospheric carbon capture will prove difficult unless it’s complemented by an ocean-based effort.

People understand the need for carbon capture – that is, the practice of capturing and storing greenhouse gases that would otherwise escape into the atmosphere. They

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Harbr Testing New Fintech Product

Harbr, the Halifax-based maker of project management software for the construction industry, is testing a fintech service that CEO Dave Kim says will help address systemic problems with late payments in the sector.

The company’s main offering is a communications platform that lets construction workers use text messages to send real-time updates about their work to a central database.

The system

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Outcast, B4 Reveal Staff Moves

Several high-profile companies and organizations in the Halifax area, including Outcast Foods and b4checkin, have announced changes in senior management in the past few days.

Dartmouth-based Outcast Foods, which makes powdered food products from rejected produce, has hired Miriam Zitner as Vice President of Business Development.

Halifax’s b4checkin, which makes software for hotel chains, has

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Survey Shows Support for Indigenous Entrepreneurs

A new national Leger survey sheds light on how Canadians, including Atlantic residents, view the need for healthy Indigenous businesses.

Coinciding with National Indigenous History Month, the survey probes attitudes towards Indigenous businesses in terms of creating sustainable economic opportunities for Indigenous peoples and Canada’s economic growth.

The survey of 1,589 Canadians found that

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Introhive Round Pushes NB to record

Six months into 2021, New Brunswick startups have already blown past their fundraising totals from previous years, with at least $136 million of capital raised.

Most of that money comes from Introhive’s record-breaking C$122 million Series C funding round, announced Wednesday -- the largest in the province’s history and one of the largest ever in Atlantic Canada. As well as the Introhive deal,

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Introhive Announces Largest Funding in NB History

Introhive, the Fredericton- and Miami-based maker of AI sales software, announced Wednesday it has closed a mammoth US$100 million ($122 million) Series C funding round -- the largest equity investment deal in New Brunswick history.

The round was led by Boston-based PSG, which specializes in backing middle-market software companies. Introhive declined to disclose its valuation, which would have

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Entrevestor Data Report to Launch June 25

We’re delighted to announce that we’ll launch our 2020 Atlantic Canada Startup Data report on June 25 at 12:00 noon AST with a virtual lunch-and-learn session hosted by Volta, via Zoom.

Entrevestor’s data has become the benchmark for the Atlantic Canadian startup community in recent years. Each year, we tally up the total number of startups, and assess their employees, funding and revenue,

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GSTS Launches OCIANA, Preps for New Round

After two years of development, Dartmouth-based Global Spatial Technology Systems, or GSTS, is commercially launching its cloud software for analyzing and predicting the movements of ships.

The software, OCIANA, aggregates satellite data, weather data, port data and other sources of tracking information and uses it to make predictions about the movements and behaviour of ocean-going vessels.

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Millennia Tea Signs with Whole Foods

Millennia Tea, the Saint John maker of frozen tea products, has inked a national distribution deal with U.S. health food giant Whole Foods.

The company sells edible, frozen tea in three forms: loose-leaf, chopped and cubed. CEO Tracy Bell said in a press release that the antioxidant-rich tea could offer health benefits, particularly since it is flash-frozen to preserve nutrients.

“People are

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