Meta Replaces CEO, Nasdaq Listing in Jeopardy

A week after Halifax advanced materials-maker Meta Materials swapped out its CEO, the company’s stock price woes continue to worsen, despite the recent dismissal of a class action lawsuit filed against it in New York. 

The one-time unicorn said it had “removed” co-founder and longstanding CEO George Palikaras Oct. 17, replacing him with turnaround artist Jim Fusaro following public disagreement

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Volta to Host Investor Pitch Day

Halifax startup hub Volta is looking for applicants to its first Investment Day event, which it will host in collaboration with accelerator Creative Destruction Lab Atlantic.

The event will be held at Volta’s new offices in downtown Halifax’s Armoyan Centre on Nov. 15 and will give seed-stage and Series A companies the chance to pitch to an audience of venture capitalists from outside Atlantic

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NBIF, ONB to Host Climate Summit

The New Brunswick Innovation Foundation will host a climatetech summit in Saint John Nov. 23 — this year’s iteration of the organization’s long-running R3 events, which highlight applied research in the province.

The day-long gathering will give attendees the chance to hear from and talk with players in the cleantech space and will be held at the Delta Brunswick Hotel.

NBIF describes this

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Supercluster Seeks Cleantech Projects

Canada’s Ocean Supercluster, the national group that co-funds research and development projects with the private sector, is looking for climatetech-related proposals.

The Supercluster, which splits the cost of projects with companies and universities, is looking to back work related to ocean-based carbon capture and storage, sustainable food production, and ocean-going robots with sensors for

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Sparrow, MOC Honoured at Immigrant Entrepreneur Awards

A pair of Halifax startups familiar to Entrevestor readers were among the companies honoured at this year’s Immigrant Entrepreneur Awards from the Immigrant Services Association of Nova Scotia: Sparrow BioAcoustics and MOC Biotechnologies.

Sparrow has developed a stethoscope app for smartphones, called Stethophone. The app uses a phone’s internal microphones, along with software processing, to

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ACOA Backs Six Life Science Startups

Six life sciences startups are receiving almost a combined $3 million worth of loans from the Atlantic Canada Opportunities Agency to expand their product offerings, scale production and tap new markets.

“This funding has been instrumental in advancing our commercial go-to-market strategy in the US, which represents almost half of our target market,” said Alex Dunphy, CEO of Halifax-based

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Tribe Network Reflects on First Year

Tribe Network, the Halifax-based startup support organization for BIPOC entrepreneurs, grew to include 930 members during its first year of public-facing activity, as well as distributing more than $500,000 of grants and program funding to other organizations.

Chief Executive Alfred Burgesson told the Tribe Leaders Summit on Wednesday that his team is finding traction within both the innovation

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Shoelace To Host Education Summit

Halifax-based edtech company Shoelace Learning later this month will host a summit of leaders in education, artificial intelligence and diversity to delve into education in the age of AI.

Called Windows and Mirrors: Meeting of the Minds, the summit will take place in Wentworth, NS on Oct. 24 and 25. The proceedings will be filmed by Dave Culligan of Halifax video company threesixfive.

The

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