Dartmouth-based ocean technology company Global Spatial Technology Solutions has closed a $2 million funding round to further develop its platform, which helps marine operators improve safety, security and their environmental footprint.

GSTS has developed a platform called OCIANA, which collects data from satellites and terrestrial sources then uses artificial intelligence to help crews plot the

Four Nova Scotian startups – Clockk, eOceans Motryx, and Securicy – have won the Atlantic regional Pitch@Palace competition and will proceed to the national finals in Toronto.

The four companies were selected at a pitching competition at Volta on Tuesday, hosted by the Rideau Hall Foundation, which aims to develop a more entrepreneurial culture in Canada. Winners will move on to the Pitch@Palace

There’s one angel group in Atlantic Canada that is not shutting down, and Gerry Pond wants everyone to know it has a management team that can take it into the future.

It’s East Valley Ventures, the wing of Saint John-based Mariner that invests in startups, providing both capital and mentorship to young entrepreneurs. While the First Angel Network of Halifax announced late last week it will be

There’s a movement afoot to establish a women’s angel network in Atlantic Canada, and proponents are inviting anyone who’s interested to an information and planning workshop on April 12.

Tentatively called the Atlantic Women’s Angel Investment Fund, the fund is being proposed by a group of professional women who are in the region or have close ties to Atlantic Canada. The goal is to find a group

SAINT JOHN– New Brunswick startup Introhive is experiencing faster than expected growth in its new Saint John operation, company executives say.

Last July, the Fredericton headquartered company announced that it was adding 12 new staff to its team, and establishing its first office in Saint John, where members of its engineering and program management teams would be based. The port city office

As it moves closer to listing its stock on the TSX Venture Exchange, Appili Therapeutics of Halifax has raised an additional $3.6 million by selling shares and warrants through a private placement.

The drug discovery company issued a statement Monday saying it had raised gross proceeds of about $3.6 million through the placement, though the total is lowered somewhat by fees paid to the banks

The Smart Energy conference is looking for startups to pitch at its 15th annual conference, which will take place in Halifax on April 15 and 16.

The Smart Energy conference is hosted by the Jameson Group, which also produces the Invest Atlantic series of conferences. It will be attended by about 250 delegates, who are representatives of the energy industry in Atlantic Canada and beyond.

For the

Young Nova Scotian entrepreneurs with a good idea are invited to apply to this year’s 100 Entrepreneurs Planting Seed$ pitching contest for the chance to win $10,000.

Now in its fourth year, Planting Seed$ sells tickets to 100 people in the startup community at $100 per head. That money makes up the $10,000 prize that is awarded to the company with the most successful pitch.

Applicants must be

Wireless underwater communications company Acoubit was voted most improved startup by its peers in Dartmouth-based Start-Up Yard last week, winning a $1000 Air Canada gift card.

While the gift card will prove useful, Co-Founder Colin Ross said he really hopes his pitch at the Start-Up Yard Demo Day will lead to partnerships. Specifically, he is looking for a partner that could get his prototype

First Angel Network is shutting down after 14 years of channeling the money of wealthy investors into Atlantic Canadian startups.

As first reported by Betakit, Co-Founders Ross Finlay and Brian Lowe notified their friends and contacts on Friday that the investment group would cease operations on March 31. The move comes a little more than a year after one of its portfolio companies launched a