CarbonCure Wins Carbon XPRIZE

Halifax’s CarbonCure Technologies is a co-winner of the US$20 million NRG COSIA Carbon XPRIZE, a five-year competition to find the world’s best products that use carbon dioxide.

As one of two winners, CarbonCure will receive a prize of US$7.5 million (C$9.4 million). The Halifax company was also one of the 10 finalists in 2018 and thus already received a US$500,000 interim prize. The other

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S2G Backs ReelData with $2.5M

Halifax-based ReelData has closed a $2.5 million funding round provided by S2G Ventures' Ocean and Seafood Fund, which will help it scale its artificial intelligence product for land-based aquaculture.

Land-based aquaculture is an embryonic form of fish-farming, but it’s also fast growing, and ReelData plans to have an essential product for the industry as it becomes mainstream.

In linking up

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Halifax Opening Living Lab for Ports

The Halifax Port Authority is boosting the region’s growing oceans ecosystem with its Living Lab, designed to be a global centre for collaboration on maritime innovation, especially as it pertains to the port industry.

The PIER (Port Innovation, Engagement, and Research) will allow partners, entrepreneurs, researchers and stakeholders to solve “wicked” industry problems and uncover new

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ACOA Lends DeNova $250K

The Atlantic Canada Opportunities Agency has lent Halifax-based DeNova $250,000 to help develop its technology, which converts greenhouse gases into a protein that can be used as feed in farms and aquaculture.

ACOA announced the loan, made through the Regional Economic Growth through Innovation program, in a press release on Friday.

DeNova has developed a new source of protein made from

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CDL Mourns Shimrit Perkol-Finkel

The current cohort of Creative Destructive Lab Oceans Stream has established a scholarship in the memory of Dr. Shimrit Perkol-Finkel, Co-Founder and CEO of ECOncrete, who died March 7.

ECOncrete, an Israeli company, was one of the international ventures going through the accelerator, the first dedicated oceantech stream offered by the pan-national accelerator CDL. The cohort met this weekend

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Good, Bad News in Macro-Economy

Writing the 2020 edition of our Atlantic Canada Startup Data Report, I’ve noticed a few external factors that could impact the community – some good, some bad.

By external factors, I mean economic forces that are outside the conventional startup ecosystem that will affect startups’ ability to raise capital, attract talent and sell their products. In several cases, I haven’t nailed down hard or

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Hussain Abdullah Launches AllinBud

Calling it an “immigrant’s dream come true”, Hussain Abdullah has launched his business AllinBud, which manufactures and sells secure wooden boxes for cannabis and related accessories.

After selling out an initial 300-unit trial run, he has now launched the company, selling the products in Canada and the U.S. through his website Allinbud.com, as well as other channels.

The AllinBud boxes are

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