Atlantic Canadian startups booked a solid $64 million worth of capital raises in the first quarter of 2022, according to data released Tuesday by the Canadian Venture Capital and Private Equity Association.

It was the best fundraising quarter since last spring, with Atlantic startups raising $41 million in the fourth quarter of 2021 and a mere $10 million in the July-September period. 

In the

The Samqwane’jk Ocean Partnership Initiative, a joint project between Ulnooweg Development Group and Dartmouth’s Centre for Ocean Ventures and Entrepreneurship, or COVE, has announced an undisclosed amount of funding for a trio of Indigenous-run ocean startups.

3D Wave Design, Miawpukek Horizon and Smak’nis Maritime Security were chosen to co-run research and development projects with COVE, with

Precision BioLogic, a Halifax medtech company that sells diagnostic testing supplies, has launched a new product for the bleeding disorder Hemophilia B.

The Hemophilia test, recently approved by Health Canada, is in response to increasing market demand for chromogenic assays and is the only Hemophilia B test of its kind available in the country, Precision said in a statement. Chromogenic assays

Newfoundland and Labrador’s Genesis startup hub has put out a call for applications for the summer cohort of its eight-week Evolution startup accelerator, with a May 18 deadline.

Genesis bills Evolution as a “pre-incubator” course meant to prepare young companies for longer programs, such as its own, three-year Enterprise incubator. Evolution promises to help entrepreneurs clarify their

Halifax-based Adaptiiv Medical Technologies, the Halifax company bringing 3D printing to bear on cancer treatment, has inked a collaboration deal with printer giant HP and Palo Alto, California medtech specialist Varian Medical Systems.

Under the deal, Adaptiiv will use HP’s 3D printing technology, Multi Jet Fusion, to produce form-fitted coverings placed over a cancer patient’s body to direct

Researchers are invited to apply for Lab2Market-NSERC, Canada’s first national research commercialization program.

Lab2Market, a program developed by several universities to commercialize research, has partnered with the Natural Sciences and Engineering Research Council of Canada, or NSERC, a federal organization that funds researchers, especially those working with industry. The two groups are

Boston-based Innovasea has begun testing a new tagless technology that can detect, count and classify fish in real time using a combination of imaging sonar, optical cameras and artificial intelligence. 

The technology has been shown in early trials to be 90 percent accurate in properly counting and identifying wild fish, Innovasea and its partners said in a statement.  Innovasea, whose main

Halifax’s Drinkable Water is opening pre-orders for its on-the-spot water quality testing device with deliveries scheduled to begin next April.

The launch comes as Drinkable looks to raise a $350,000 funding round to extend its runway while Chief Executive Matthew Mizzi and his small team focus on commercialization. The company has bagged commitments for about half the raise.

Drinkable’s device

Halibut P.E.I., a fish farm that had been leaning heavily on innovative, land-based aquaculture techniques, has been bought by Norway’s Amar Group four months after filing for bankruptcy.

The Norwegian private equity company, which specializes in backing maritime innovation, hopes to continue with Halibut P.E.I.’s plans to scale up its operations, according to Knut Trellevik, President of

The Joint Economic Development Initiative, an Indigenous organization that backs First Nations industry and entrepreneurs, has made acting CEO Stanley Barnaby’s job permanent.

Barnaby, 33, is already a JEDI veteran. He joined as an intern in 2015 and established himself as a finance and operations specialist. He said in an interview that he sees his youth as an asset for the chief executive