Charlottetown-based iWave Information Systems Inc. has exited, selling to a California private equity funding after almost three decades as an independent company.

Sverica Capital Management LLC of San Francisco announced last week it had acquired the company from Jamie Hill of Charlottetown for an undisclosed sum.

Sverica is a private equity fund, meaning it takes major or total stakes in

Fredericton-based Envenio has secured investment $1.3 million in venture capital from Celtic House Venture Partners, Green Century Investments and New Brunswick Investment Foundation.

The computational fluid dynamics, or CFD, software developer said in a statement the funding will be used to grow and strengthen the sales and engineering teams. This growth is in keeping with its plans to increase

The federal government is providing $2.1 million in funding to the Nova Scotia Health Authority, or NSHA, to assist with the development of five novel radiotherapy technologies.

The Atlantic Canada Opportunities Agency, which is providing the money through its Atlantic Innovation Fund, said in a statement the funding will help NSHA researchers to develop and improve five radiotherapy and

We have openings for a developer in Fredericton and a training and research assistant in Halifax in the edition of Jobs of the week.

Beauceron, a cybersecurity company in the New Brunswick capital, is looking for a senior software developer, while Halifax-based DGI Clinical is seeking a training and research assistant.

Beauceron began in 2015 when a group of cybersecurity experts tasked with

Norex, the Halifax web development company and innovation lab, is rebranding itself to become Code + Mortar, conveying a mission that goes way beyond web design.

Headquartered in a Victorian house on Gottingen Street, Code + Mortar aims to work with clients on innovation, helping them conceive new products, build them, and take them to market. One interesting quirk about the company is that it

CarShare Atlantic announced Thursday that its clients in Halifax are getting an improved service with the addition of one-way car-sharing.

The company said in a statement that it would add the first group of 20 hybrid FLEX cars to its fleet in coming weeks. The new FLEX vehicles can be picked up and dropped off at any location within a set geographical area or in special parking locations

Seven international startups will compete for the Best Onstage Pitch at Montreal’s Startup Festival next month, including an Atlantic Canadian entry that may be the most international startup you’ll ever find.

The company is Tunedly, which has developed an online music studio. And it is – deep breath – a Charlottetown-based music-tech company that was founded by a German man and French woman who

HomeEXCEPT, a Halifax company that uses thermal sensors to monitor frail elderly people, has won its category in an international competition for innovation for senior citizens.

Washington, D.C.-based AARP Inc. – formerly the American Association of Retired Persons – announced Wednesday that HomeEXCEPT had captured the US$10,000 first prize in Health and Safety Awareness category in its AARP

Solace Power has received $2.8 million in government financing to expand its lab into one of the leading facilities of its kind in the country.

The company now has 30 employees (20 of them engineers) and will soon expand to 35, and it has outgrown its current office and lab in Mount Pearl, NL. It is now developing a larger $4.2 million lab to continue its research and development in wireless

As we look ahead to the second half of 2017, there is one institution in the startup community to keep an eye on in the next 6-12 months, as it has the potential to change the landscape. That institution is Dalhousie University.

The region’s startup community is maturing and includes more companies than ever. At its core is a group of scaling companies that are gaining more and more