Saint John-based Versos AI has closed a $1.85 million equity round that will help to develop its platform, which the company says will ensure ethical and legal use of video in training artificial intelligence.

Founded three years ago by tech veteran Chris Keevill, Versos says it is building the world’s most advanced video intelligence platform, purpose-built for rights-cleared video training

Atlantic Canadian virtual tech accelerator Propel has added two new members to its board of directors, appointing Christine Pound and Barry Bisson.

“We are very pleased to welcome Christine and Barry to the Propel board,” said Interim CEO Elaine McKinnon in a press release. This is a particularly exciting time as we bring our expanded programming, new subject matter experts and AI-focused

We’re calling on all East Coast startups to complete our latest quick-and-confidential Atlantic Canadian startup survey, which is the backbone of our coming 2025 Entrevestor Atlantic Canada Startup Data report.

The startup report provides a benchmark used by governments and support organizations for the entire innovation sector in the region. Entrevestor is completely independent, absolutely

Canada’s Ocean Supercluster on Monday announced four new projects totaling $13 million, each involving companies or organizations based in the St. John’s region.

Based in Atlantic Canada, the Ocean Supercluster is a private-public organization established by the federal government and it is charged with developing the country’s ocean economy. Its goal is to quintuple the size of Canada’s ocean

Halifax-based Sperri , which makes plant-based meal replacements, has donated 120,000 meals to food banks across Canada. The company said on LinkedIn that it has recently rebranded and decided to donate the meals rather than allow them to go unused past their expiry dates.

“To date, we have partnered locally with Feed Nova Scotia and nationally with the Toronto Vegetarian Food Bank, Food Banks

Halifax-based ONSIDE, which assists rural and under-represented entrepreneurs, is offering several free sales-focused events, including one this week:

• The Million Dollar Sales Secret, Dec. 5, 11:30 am AST -- Learn How Data, Tech, and Daily Discipline = Explosive Growth; 
• Sales Pipeline Mastery, Jan. 30, 11 am AST -- Join a Community of Women Entrepreneurs and Learn How to Build a Predictable

The 2025 InnovateNB Awards brought together a sold-out crowd of more than 440 people at the Saint John Trade and Convention Centre on Thursday evening to celebrate the people, companies, and organizations driving innovation across New Brunswick.

This year’s event featured a keynote address by Cathy Bennett, Founding and Managing Partner at Sandpiper Ventures, as well as remarks from Premier

The federal government has committed $29.4 million to Canada’s first Maritime Defence Innovation Secure Hub (DISH), which will be developed at COVE in Dartmouth.

The federal government has announced it will spend $29.4 million to establish the hub that will be focused on resilience and collaboration with the Canadian innovation ecosystem and like-minded partners.

“Today’s investment connects

Saint John- and Waterloo-based MedReddie, which helps to streamline hospital procurement, has raised $1.55 million in equity financing and secured $500,000 in grants, bringing its latest round of capital to $2 million.

The equity round, announced Tuesday, was led by MaRS Investment Accelerator Fund, with participation from the New Brunswick Innovation Foundation, Business Development Bank of

Mount Pearl, NL-based Solace Power has secured a US$3.8-million (C$5.4 million) contract with Boeing, the company’s seventh engagement with the aerospace giant and the largest aerospace contract in its history.

The Newfoundland and Labrador company develops wireless power and data transfer technology for aerospace, defence and other sectors. Under the new agreement, Solace will supply its