Innovacorp VC Funding hits $5.9M

Innovacorp, Nova Scotia’s provincial innovation agency, invested a total of $5.9 million in 14 companies in the fiscal year ended March 31, including a previously unannounced $1 million funding of Halifax-based QRA Corp.

The data are contained in the Crown corporation’s accountability report for the 2014-15 fiscal year, which was released a few months ago but has not been reported on. [Full

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Septic Sitter Eyes IIoT Applications

When Freescale Semiconductor put together its Internet of Tomorrow Tour last year, it included an exhibit on a little-known piece of Atlantic Canadian technology many of us would prefer stayed underground.

Based in Austin, Texas and valued at US$11 billion, Freescale assembled a mobile exhibit in a truck to educate its customers and the public about the wondrous things the Internet will do in

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Press Release: SimplyCast in Finals

SimplyCast, the Dartmouth multi-channel marketing company, has issued the following press release:

SimplyCast is a Finalist for Three Awards

Dartmouth, Nova Scotia, November 17, 2015 – SimplyCast, a global leader in marketing automation, is excited to announce that have they been selected as a finalist for three 2016 Halifax Business Awards. These awards are presented by the Halifax Chamber of Commerce.

SimplyCast has been selected as a finalist for Business of the Year and Innovative Business of the Year. As well, Saeed El-Darahali, President and CEO of SimplyCast, has been selected

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GoVenture World in Contest Finals

GoVenture World, the long-anticipated business education game devised by Sydney serial entrepreneur Mathew Georghiou, has been shortlisted for Microsoft’s competition to find the best new game in Canada.

Georghiou is best known as the CEO and founder of MediaSpark, whose GoVenture product is a series of educational digital games that have been used by more than one million people around the

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Propel Searches for New CEO

It is a time of change and growth for the regional accelerator, Propel ICT.

As it undergoes changes in senior management with the departure of St. John’s-based CEO Gary Dinn and Halifax-based Entrepreneur-in-Residence Ying Tam, Propel ICT is preparing for its first cohort of 2016 with a broader geographical reach than ever before.  And it is working on doing more to support the companies that

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STI Named to Deloitte Fast 50

Halifax-based STI Technologies has been named to the Deloitte Fast 50, the first Atlantic Canadian company to make the list of the fastest–growing Canadian tech companies in three years.

Deloitte Canada released the list on Thursday, placing STI in the 41st place with revenue growth of 204 percent over the past four years. On Friday, Deloitte named STI to its North American Fast 50 list,

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Pierlot Eyes Enhanced Bone Cement

A new bone cement being developed in Halifax will be used in the treatment of orthopedic patients. The developers aim to make treatment easier and more affordable, and open up a whole new market.

The new product is a glass ionomer cement, said Caitlin Pierlot, the CEO of Biofix Medical Technologies.

“GICs have been used for years in dentistry, and still are,” Pierlot said. “However,

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A Good Year for Follow-on Funding

One of the noticeable highlights of the Atlantic Canadian innovation community in 2015 is the number of multimillion-dollar funding rounds from venture capital investors based outside the region.

There have been at least four companies that have announced deals worth $3 million or more from VC funds based elsewhere. CarbonCure Technologies of Halifax and RtTech Software of Moncton both

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