BIOVECTRA, the Charlottetown drug maker that in 2019 was bought by Miami-based H.I.G. Capital for US$250 million, has reached an agreement to be sold again, this time for US$925 million or C$1.27 billion.

The deal with Santa Clara, California’s Agilent Technologies is expected to close by the end of this year, BIOVECTRA said in a statement. The companies did not disclose the conditions that must

Two alumni of cybersecurity unicorn Verafin have returned to the startup world with an AI tool meant to help business-to-business product teams gather customer feedback, and just months after founding their new business, they have raised about $800,000.

Aucure is the creation of Andrea King, who spent a little over two years at Verafin before becoming NASDAQ’s Director of Media and Government

John Risley’s World Energy GH2 plans to work with Dalhousie University to test a roster of potential replacements for the costly precious metals used in green hydrogen production — with the help of AI.

World Energy earlier this summer received environmental approval to build a four-gigawatt wind farm and 1,200-megawatt hydrogen plant near Stephenville, Newfoundland and Labrador. Project

The University of New Brunswick is looking for applicants to its Saint John-based Axis Sales Accelerator, a 10-week program for business-to-business startups looking to grow their revenues and prepare to raise capital.

The program, which will begin in September and require three to five hours per week from participants, is aimed at positioning the founder of a company as its lead salesperson, as

Six student teams from the University of New Brunswick’s Master of Technology Management and Entrepreneurship program pitched their startup ideas Thursday, with pet-sitting marketplace FURWARD taking home the $1,500 top prize.

The MTME program, managed under the umbrella of UNBs J. Herbert Smith Centre, offers students specialized training in how to commercialize technological innovation. The

Just a month after it raised a funding round led by California’s Kern Venture Group, Halifax medtech startup MIMOSA Diagnostics is heading to Chicago in August to compete in the North American finals of the AI Healthtech Innovation Challenge.

Founded by Dr. Karen Cross, a plastic surgeon, and General Leung, a magnetic resonance researcher at the University of Toronto, MIMOSA has developed

The Ocean Startup Project, a national industry group, has announced the 25 very early-stage companies chosen to participate in its Ocean Idea Challenge, which offers up to $7,000 of funding, as well as training and support services.

The Idea Challenge is a milestone-based accelerator program for entrepreneurs working on customer discovery and product-market fit, and for top-performing companies.

Two years after it raised $2.95 million to scale its software for speeding up back office operations at banks, credit unions and fintechs, Charlottetown’s PayTic has won the Accounting Tech of the Year award at the European Fintech Awards, a competition organized by trade publication FinTech Intel.

Held in London this year, the awards have at various times in their history been affiliated with

Tribe Network has hired Phillip Yoon, a finance veteran with experience on both sides of the fundraising table, as its new investment principal.

Yoon, originally from Singapore, holds a Master of Technology Entrepreneurship and Innovation degree from Saint Mary’s University and has worked for alternative asset managers and computational finance companies in Switzerland and Hong Kong, as well as

Economic development agency Invest Nova Scotia is looking for applicants to this year's edition of its Export Development Program for young companies looking to develop sales outside of Nova Scotia or Canada.

Successful applicants will receive $15,000 of funding to spend on either hiring a consultant to help develop their export strategy, or else attending an international trade show.

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