Life sciences businesses on Prince Edward Island brought in more than $600 million of revenue in 2022, according to research from the P.E.I. BioAlliance.

A survey by the industry group of about 50 of its member companies found their combined revenue increased by about $250 million compared to 2020, or nearly 70 percent -- that's also a four percent increase compared to 2021's total of $575

National industry group the Ocean Startup Project has announced 12 alumni from its accelerator program that will receive follow-on funding.

Offered for the first time this year, the Ocean Challenge: Boost funding program offers additional funding for companies that have previously completed the Ocean Startup Challenge, the organization’s program for idea- and early-stage startups.

In this new

Halifax-based MarineThinking, which has developed autonomous technologies for marine vessels, is now going through NATO’s new innovation accelerator operating out of Boston.

The company is one of seven companies selected for the first cohort of the six-month DIANA cohort being offered through MassChallenge in Boston. The program is designed to help startups broaden their networks in the defence

The Atlantic Canada Opportunities Agency is lending Aurea Technologies just under $392,000 as the Dartmouth maker of portable wind turbines looks to automate more of its production process.

Some of the money will go towards buying specialized automation equipment for quality control, packaging and prototyping, building on progress the company has already made automating the assembly of the main

Bedford, N.S.-based Ashored Innovations will be the only Atlantic Canadian company among the Top 20 early-stage startups to watch at this year’s CIX Summit in Toronto.

The CIX conference, organized by non-profit innovation network and events organizer Elevate, is slated to be held in October. Ashored and the other 19 companies were chosen by a panel of 150 investors from around the world.

“It

Canada’s Ocean Supercluster has announced a trio of new projects worth a combined $17.8 million, including a $12 million funding package led by a Halifax startup aimed at developing berth scheduling AI for ports.

The AI project aims to develop a system dubbed the Collaborative Berth Scheduler, which will help ships and ports collaborate to allocate berth time more effectively. The

The Canadian oceantech community – and the Atlantic Canadian contingent in particular – is on full display at the Oceanology International conference in London, seeking investment, customers and international partnerships.

Oceanology International – whose London event is taking place this week – bills itself as the leading forum in the world to connect with the global science and ocean

The University of New Brunswick’s Pond-Deshpande Centre has announced the seven startups joining the Atlantic cohort of the Women and Nonbinary Impact Network for Venture Capital, or WIN-VC, which provides coaching and support services to help new businesses become investment-ready.

Launched in September, the Canadian arm of WIN-VC is funded by Innovation, Science and Economic Development Canada

Myomar Molecular hopes to use some of the $1.1 million funding round it just closed to win Health Canada approval for its muscle health test by the end of June, as the company prepares for another raise later this year, CEO Rafaela Andrade said in an interview Friday.

The deal, which included a mix of equity and non-dilutive funding, was led by a Nova Scotia angel investor, with the Atlantic

The Prince Edward Island government has created a new research and development fund to back cleantech projects.

Companies, post-secondary institutions and Indigenous communities will be able to apply for funding worth 80 percent of their project costs to a maximum of $500,000. To be eligible, an organization's work must be related to energy efficiency, renewable power, grid resiliency or