Sona Nanotech shares fell 68 percent on Friday after the Halifax life sciences company announced it had ended the clinical trials of its saliva-based rapid test for COVID-19 due to disappointing results.

The company had been conducting trials at Humber River Hospital in Toronto to determine the efficacy of its rapid antigen saliva test for COVID-19. Early Friday, Sona said preliminary results

Boston-based oceans accelerator SeaAhead and the New England Aquarium have announced the launch of the BlueSwell Incubator Program, New England’s first early-stage bluetech incubator.

BlueSwell is designed to support the creation and growth of startups that aim to enhance ocean sustainability and global resilience. It will provide each team with a grant of $35,000.

The organizers are especially

Venn Innovation and Université de Moncton (Campus Shippagan or UMCS) are working together to boost entrepreneurship within the province's student community.

Their new partnership will see increased collaboration between Venn Garage, which is Venn Innovation's non-cohort-based incubator program, and the UMCS incubator program for entrepreneurial students with an idea. 

The UMCS program provides

Canada’s Ocean Supercluster on Thursday announced four new research projects worth $3.5 million, with a special focus on the use of mixed-reality technologies like augmented reality, or AR, and virtual reality.

The Atlantic Canada-based group, which supports innovation, sustainability and equity in Canada’s ocean economy, issued a series of press releases announcing the news. More than half the

The New Brunswick Innovation Foundation’s Breakthru-Newcomer startup competition has announced two winners of $25,000 each.

The two companies, HomeSchoolToGo and Brain Tumor Segmentation, beat out 34 other ventures. HomeSchoolToGo won in the Newcomer category for founders who have recently moved to New Brunswick, and Brain Tumor Segmentation won in the International Student category.

When Matt Cooper first discovered startup incubator Volta in the middle of the last decade, it was not as the leader of a prospective resident company, but as a service provider.

Cooper was a co-founder of Swept – which was then a cleaning company that used its own in-house communications and logistics software to operate more efficiently than its competitors.

In the ensuing years, Swept would

Canada’s Ocean Supercluster has launched a joint project with MIT Technology Review Insights, the university publication’s customer research and content arm, to create an index ranking the ocean-tech ecosystems in 60 countries.

The index, called the Blue Technology Barometer, will rank innovation rates, regulatory structures and commercial activity. Its stated goal is to identify where

Dalhousie University has announced the second cohort of its Ready2Launch summer accelerator, which comprises 12 teams from universities across Atlantic Canada.

Known as R2L, the three-month program is designed for teams that are committed to building research-driven ventures. It is part of the Dal Innovates suite of programs that helps deliver innovation and entrepreneurial skills to students.

Dartmouth’s Green Power Labs, which makes predictive analytics software for electrical grids and solar power plants, is launching a joint project with Calgary- and Houston-based MR Control Systems International.

Founded in 2004, Green Power’s software predicts increases and decreases in power consumption or production based on factors such as temperature. MR Control sells technology for managing

We would like to take the opportunity to reaffirm our commitment to Entrevestor, and to providing the Atlantic Canadian startup community with news and data.

On Tuesday, we marked World Oceans Day with our first post in our new oceans-themed page Entrevestor Oceantech. Meanwhile, over the weekend, we told friends on social media we have sold our house in Nova Scotia and will be spending more