Island Abbey Nutritionals, the maker of Honibe honey-based gummies and lozenges, has agreed to be acquired by TopGum Gummiceuticals for US$20 million (C$29.1 million) plus future considerations.

Charlottetown-based Island Abbey has been a cornerstone of the life sciences community on P.E.I. since its founding in 2004 by entrepreneur John Rowe. The company developed a way to transform honey, with

Leslie Magee has been appointed Board Chair of the New Brunswick Innovation Foundation.

Magee first joined NBIF’s Board of Directors in 2020, and her appointment as Chair builds on the governance and leadership NBIF has established over the past 20+ years in fostering innovation and support for New Brunswick tech companies, the group said in a statement.

As Chair, Magee will lead the Board’s

In only its second year of existence, Halifax-based medtech company Sound Blade Medical has closed a US$16.5 million (C$23.8 million) Series A funding round, which will help fund development and clinical trials of its product.

Sound Blade is developing an “advanced handheld histotripsy technology”, which uses sonic energy to cut tissue. The hand-held device will use highly focused ultrasound

Student founders are invited to pitch at the upcoming RBC pitching contest at University of New Brunswick in Fredericton. The one-day, in-person event invites students to pitch their ideas for new products and services to judges from the business world.

The competition is open to any full-time university student (undergraduate or graduate) with an interest in driving technological or social

Twenty-four teams from University of New Brunswick and other Canadian post-secondary institutions competed for up to $30,000 in cash awards earlier this month.

The BMO Apex Startup Challenge was held Jan. 23 and 24 at the University of New Brunswick and at startup hub Planet Hatch.  The contest allows competitors to engage in training workshops and networking opportunities with judges, potential

Six years and one pandemic after it launched, St. John’s-based Granville Biomedical has secured its first round of equity investment and is setting its sights on a second raise before too long.

While more than half a decade of bootstrapping will test the entrepreneurial mettle of any founder, the good news is that Granville is now selling its Venus pelvic health education model throughout 24

Many thanks to all the CEOs who have completed our survey, and a gentle reminder to other Atlantic Canadian startup leaders to please take a few minutes to answer our 10-question form.

We’ve had a great response to our campaign for more intelligence about our sector. We’re not even into February yet and already we’ve got enough responses to look into emerging trends for our coming report.

But

The MERGE Program at Fredericton startup hub Planet Hatch has received $294,250 in support from the Atlantic Canada Opportunities Agency (ACOA).

MERGE has been set up by the Fredericton area economic development agency IGNITE and Planet Hatch to connect startups with municipalities within the Capital Region of New Brunswick to identify opportunities for mutually beneficial collaboration. The aim

For the fifth year in a row, the Arthur L. Irving Entrepreneurship Centre at Saint Mary’s University in Halifax is hosting The Arena pitching contest for students.

The pitching contest brings together 64 student entrepreneurs from across Canada to battle for the title of Top Innovator and a grand prize of $10,000. The runner-up wins $5,000, and third and fourth-place winners each receive $1,000.

January is winding down and we’re asking startup CEOs who haven’t filled in our short, confidential survey to please do so soon.

We understand how busy everyone is so we hate to keep asking. But we also hear from a lot of founders that they appreciate our data report and promise to fill in the survey  . . . soon.

So we’re sure there are lots of founders who mean to get to it, but haven’t quite