St. John’s-based Kraken Robotics Inc. has increased the amount of money it is raising to support its acquisition of U.K.-based Covelya Group Limited to $402.5 million.

Earlier this month, the oceantech company announced the acquisition of Covelya for $615 million, and said it planned to sell $350 million of stock on the TSX Venture exchange to help finance the deal. Kraken followed up with a

If you head a young Atlantic Canadian AI startup, we need two minutes of your time.

At Entrevestor, we put out a data report on Atlantic Canadian startups each year after surveying founders across the region. This year, we really want to capture data on first- or second-year AI companies.

We need founders/CEOs at these young companies to fill out our 10-question survey. It’s super quick, 100%

Infralytix, which improves infrastructure monitoring, took home the first prize and $102,500 in cash Thursday night at the finals of breakthru, the main competition for new startups in New Brunswick.

The two runner-up awards in the competition hosted by the New Brunswick Innovation Foundation went to Urai AI Corp. and Mulli Swing Solutions.

Breakthru was NBIF’s flagship event in the 2010s,

Invest Nova Scotia has announced the 12 startups they have selected for the 2026 to 2027 cohort of Accelerate.

This year, companies were accepted into one of two new streams: the Growth Stream and the Development Stream. In total, 12 Nova Scotia start-ups will receive tailored support, the group said.

Companies in the Growth Stream will receive $30,000 in funding plus dedicated sales training

Volta, the Halifax-based tech hub, has launched a new program called Sprint to help participants from across Atlantic Canada to develop AI-driven projects that are market-ready in just four weeks.

The organization on Tuesday announced the launch of Sprint, saying five cohorts are currently open for applications, with each limited to 10 participants.

Sprint is structured as a small-group,

Halifax-based Athena's Playground has launched a crowdfunding campaign to help boost the number and range of hobby-focused courses it offers online.

The startup’s platform has been created to allow users to embrace new skills and hobbies with ease, creating community, and overcoming the difficulties people often feel when getting started with a new interest.

“Our mission is to transform the way

The federal government has committed $200 million to the launch pad based in Canso N.S. to help develop the Canadian space industry.

The government announced Monday it is signing a 10-year lease on the space launch pad operated by Halifax-based Maritime Launch Services as part of its new defence industrial strategy. The statement said that the strategy calls for Canada to be able to put

The Atlantic Canada Opportunities Agency is providing just over $3.25 million to three companies: MilAero Electronics Atlantic, GSTS and Survival Systems.

The money will help the ventures scale operations, boost production capacity, and respond to growing market demand, ACOA said in a statement.

“This is good for MilAero, but it’s also good for Nova Scotia,” said Paul Greedy, Founder and

Invest Nova Scotia and the New Brunswick Innovation Foundation – the two main public sector venture capital investors in Atlantic Canada – invested a total of $8.3 million in 2024-25, according to the most recent figures available.

Late each year, the two provincial agencies released annual reports with little fanfare, and these documents reveal the VC investments they made in the previous

A new group in Halifax is encouraging collaboration in IT, the arts and other disciplines, and is beginning to have an impact on the city’s startup community.

Collect is a loose organization that brings together creators – anyone with their own idea or an enthusiasm for other people’s ideas – for weekly sessions. They exchange ideas in such fields as art, design, music or software and work on