Dartmouth-based Aruna Revolution, a women-led company that makes compostable sanitary products from plants, last week raised money on the popular television show Dragons’ Den.

The Aruna team asked the Den’s investors for $250,000 for a 10 percent share in the business. After negotiations, Dragons Michele Romanow and Manjit Minhas partnered up and offered $300,000 for 25 percent of the company,

Spellbook, the St. John’s maker of AI-driven tools for lawyers, has announced a new product for in-house counsels – the lawyers whose only client is the enterprise they work for.

This week, the company – which has raised more than $40 million in equity funding in the past two years – launched Playbooks, a product that uses artificial intelligence to reduce tedious tasks common to in-house

As we research our Atlantic Canada Startup Data Report, which we’ll publish in the spring, we think it’s more important than ever that startup founders or CEOs complete our short survey.

Why more important than ever? Because the startup community is at a crossroads and there are vital questions that need to be answered.

Each year, Entrevestor publishes the report to give founders, investors and

We’d like to start 2025 with a piece of news we missed late last year: Site 20/20 of Dartmouth and WeyMedia of Dieppe, N.B., were both named to Deloitte’s prestigious Technology Fast 50 list of Canada’s fastest-growing startups.

Site 20/20 placed 31st on the list of meteoric Canadian startups in 2024, with revenue growth of 686 percent in the past four years. It was the second year in a row

Nivatha Balendra, founder and CEO of Laval, Quebec-based Dispersa, has been named to the Forbes 30 Under 30 class of 2025 in the Science category.  

Cleantech startup Dispersa runs its Sydney operation out of the industrial bioprocessing facility at the Verschuren Centre. The company makes biodegradable surfactants, which are ingredients used in consumer products likes soaps, shampoos and

We'd like to wish all our readers a happy holidays, and to say we hope you thrive in the new year. 

We’re putting down the phones and shutting down the laptops for a few days, as we do every year at this time. We will begin reporting news again on Jan. 7.

It's been a busy year so we hope you're able to put your feet up and relax for a few days, and enjoy some time with friends and family. 

See

Halifax-based LED Roadway Lighting, a maker of innovative streetlights, has announced that founder Chuck Cartmill will step down as CEO on January 1.

LED Roadway Lighting began as a business Cartmill founded in Amherst, Nova Scotia in 2002, manufacturing the equipment that was used to build LED streetlights. By 2007, the LED bulbs had become efficient enough to replace then-commonplace sodium

PEI BioAlliance is seeking a new CEO after long-time leader Rory Francis announced his retirement.

Founded in 2005, the PEI BioAlliance supports a bioscience cluster on the island of more than 60 companies with an annual combined revenue of over $600 million, which is expected to grow to $1 billion of revenue in 2030, the group said in a statement.

Francis has spent the last twenty years

Angel investment in Canada fell dramatically in 2023 for the second straight year, threatening the country’s economic vitality, says a new report from the National Angel Capital Organization, or NACO. The report also found angel investment falling in Atlantic Canada, though not as much as the country overall.

The Annual Report on Angel Investing in Canada said the investment channeled through

When the New Brunswick innovation community celebrated its annual InnovateNB awards recently, there was only one company that took home multiple awards – Fredericton-based Anessa.

The company’s Chief Technology Officer and Co-Founder Dr. Farough Motasemi won the Emerging Innovator Award, and the company itself walked away with the prize for the Most Innovative Product or