Panag Pharma Inc., which is developing cannabis-based pain treatments, has received a $500,000 loan from the Atlantic Canada Opportunities Agency’s Business Development Program.

The funding comes eight months after Panag was purchased for as much as $27 million in cash and stock by Ontario’s Tetra Bio-Pharma.

The biotechnology company is creating a family of both over-the-counter and

Dartmouth-based Rimot, whose technology helps to monitor remote infrastructure, has received a $600,000 loan from the Atlantic Canada Opportunities Agency to help with international sales and marketing.

ACOA issued a statement on Wednesday, announcing the loan which it granted under the federal government’s Regional Economic Growth through Innovation program.

The company says it has paying

According to data produced by LinkedIn, Atlantic Canadian innovation companies were on a hiring rampage last quarter.

Concrete Ventures CEO Patrick Hankinson posted an item online Tuesday night saying that LinkedIn data shows that Atlantic Canadian startups and high-growth innovation companies added about 600 jobs net in the April-to-June quarter. That was a gain of about 8 percent, bringing the

Watzan is a profitable, fast-growing Software-as-a-Service company launched in New York in 2014 that is actively growing its development and sales teams – in Halifax.

Five-year-old Watzan offers a content-curation site for medical journals, and CEO Charles Benaiah says one reason it is succeeding is his decision in 2014 to place its operations in Nova Scotia.

“Halifax is the key to our

The federal government on Monday announced grants totalling $4 million to support the work of two Atlantic Canadian organizations that promote entrepreneurship by women.

The government said it would give $2.1 million to the Centre for Women in Business, which is based at Mount St. Vincent University in Halifax, and $1.9 million to the St. John’s-based Newfoundland and Labrador Organization of

Contact lens technology startup Coloursmith Labs has raised $600,000 in seed funding and announced the first two members of its board of directors.

Founded in 2018 by Dalhousie University researcher Gabrielle Masone, the Halifax-based company is developing technology that aims to allow contact lenses to filter certain types of light before it reaches the eyes.

The two board members are Wade

Sydney-based Securicy, which helps medium-sized enterprises meet the cybersecurity requirements of larger customers, has closed a $1.8 million funding round, including $1.2 million in equity financing.

The company, which launched its Software-as-a-Service product three months ago, said late Monday it received a total of $1.2 million from:  Hub Angels, one of the oldest angel networks in the

An embattled Halifax medical technology company reported an improved performance in the three months ending April 30, but is still warning it may not survive.

MedMira Inc., which manufactures instant diagnostic test kits for contagious diseases, on June 28 issued the financial statement for the third quarter of its 2019 fiscal year. It revealed higher revenues and lower costs last quarter,

Our Job of the Week column today showcases an opening for an Account Executive at Dash Hudson in Halifax.

Dash Hudson is a visual marketing Software-as-a-Service company that helps its clients increase engagement on their social media. Its software, called Vision, is a one-stop spot for clients to manage, source and engage with the traffic of their photos and videos.

The Job of the Week column

SucSeed, a young company that makes hydroponic growing kits, is asking the public to help it win a chance to pitch for $100,000 in the upcoming Telus/Arlene Dickinson pitch competition.

St. John’s-based SucSeed has made the shortlist of 100 companies, and has recently cracked the top 20. It needs more public votes by this Wednesday, July 10, if it’s to make the final 10 and get to pitch in