Spellbook, which makes AI products for law firms, has closed a US$50 million (C$70 million) Series B round led by Khosla Ventures, one of the top venture capital firms in Silicon Valley.

Based in St. John’s and Toronto, Spellbook announced the funding Thursday, saying the deal values the company post-money at US$350 million, or C$490 million.

Khosla Ventures and Palo Alto-based Threshold

Two Atlantic Canadian companies have been recognized for developing advanced technologies to improve naval operations through the 2025 Naval Technology Innovation Challenge.

Supported by the Dartmouth-based COVE, Thales Canada, and the Atlantic Canada Opportunities Agency, the annual program funds and supports small and medium-sized enterprises creating new technologies for the Royal Canadian

Sheheryar Khan speaks very fast in a voice full of excitement and a fair bit of incredulity. Less than a year after the Saint Mary’s University student founded Alaagi to make biodegradable, seaweed-based food packaging, the company is celebrating important milestones and working on new products

The company has secured over $12 million in commercial letters of intent, including pilots

Halifax-based Tribe Network, a support organization for Atlantic Canadian entrepreneurs who identify as Black, Indigenous or People of Colour, has got together with the Global Entrepreneurship Network to launch Startup Huddle Halifax.

A global program created by GEN, Startup Huddle allows founders to present their ventures, share their challenges, and receive constructive feedback from peers,

Lauren Ledwell has been named CDL-Atlantic’s Mentor of the Year in the group’s Prime Stream.

A CDL-Quantum alumna from the first cohort in 2017 to 2018, Ledwell returned as a mentor in 2022 and has since contributed across CDL-Atlantic and CDL-Vancouver, the group said on LinkedIn. Last year, she helped founders in three different streams, mentoring nine companies, including five female-founded

The Emera ideaHUB has announced the launch of its Fall 2025 ideaBUILD cohort, welcoming 10 deeptech startups focused on creating physical solutions for a healthier world.

The ideaBUILD program is designed to support companies as they journey from prototype concept through to a functional, operational prototype, the group said in a statement. 

For the following 10 months, participants will

Two Invest Nova Scotia programs for startups – GreenShoots and the Early-Stage Commercialization Fund – have deadlines for applications on Monday, Oct. 6.

Offered by Invest Nova Scotia and the Greenspring Bioinnovation Hub, GreenShoots offers instruction and funding to early-stage companies in the agriculture, agri-food, bioeconomy, cleantech, and related sectors. Successful applicants receive

Erin O’Keefe Graham, formerly Director of Dalhousie University’s Emera IdeaHUB has joined Halifax-based Imaginal Ventures as joint Managing Partner alongside Founder Dorothy Spence. The partnership arose from their shared commitment to helping purpose-led ventures scale and thrive. 

Following more than 20 years in Toronto and New York, O'Keefe Graham relocated to Halifax in 2021, hoping to apply

Boeing said Monday it is investing $1.4 million in Bluedrop Training and Simulation to support the Halifax-based company’s CV-22 Osprey program.

The funding is being made under Canada’s Industrial and Technological Benefits (ITB) program and is tied to the federal government’s purchase of Boeing’s P-8A Poseidon aircraft. It will allow Bluedrop to advance its simulation technology for the CV-22

Toronto-based Bloom Burton, a healthcare services company, has named Oliver Technow, former CEO of Charlottetown-based BIOVECTRA, the winner of the 2025 Bloom Burton Award, which recognizes a remarkable contribution to the healthcare sector.

“We are privileged to celebrate Oliver Technow and the success of BIOVECTRA, a crown jewel for Prince Edward Island and all of Canada,” said Brian Bloom,