Pressto Opens Early Access for Classroom AI

Pressto, the New York- and Halifax-based maker of edtech software, has opened early access to its artificial intelligence system for teachers.

The system offers teachers personalized prompts for their students, as well as generating lesson plans, vocabulary and feedback tailored to each youth’s abilities and interests.

Pressto, founded by former magazine publisher Daniel Stedman, is a web app

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Cascadia Seaweed Eyes $10M Raise

Having refocused its business on products for farmers, Cascadia Seaweed is setting out this year to raise about $10 million to fund a bioprocessing plant and the exponential growth of its seaweed production.

The Sidney, BC-based company, which operates on the Pacific coast, has raised a total of about $7.5 million since it launched in 2019, mainly from angels, but now CFO Rob Napoli and CEO

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Milk Moovement Countersues Dairy LLC

Halifax’s Milk Moovement is embroiled in a trade secrets and antitrust legal battle in the United States with one of its competitors, Texas-based Dairy LLC.

Milk Moovement, which last summer raised a US$20 million Series A funding round, was sued by Dairy LLC in California District Court in Dec. 2021 for allegedly basing parts of its supply chain management software for dairy farming

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Planet Hatch Offers Accelerator for Immigrant Entrepreneurs

Fredericton startup hub Planet Hatch has opened applications for its Business Immigrant Essentials Accelerator, which promises entrepreneurship training tailored to the specific needs of new Canadians.

The five-week program will offer participants resources and support around Canadian business culture and customs, as well as business standards and best practices.

Entrepreneurs will also receive

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Kraken Robotics Made $40M Revenue in 2022

St. John’s-based Kraken Robotics has hired a new chief technology officer in the wake of finishing its absorption of fellow Newfoundland and Labrador company PanGeo Subsea and increasing its annual revenue by more than 50 percent.

Founded by former Canadian Navy officer Karl Kenny and now led by CEO Greg Reid, Kraken released a financial update last week saying it booked about $40 million in

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