Halifax-based Alaagi, a sustainable packaging startup created by Saint Mary’s University graduate Sheheryar Khan, has advanced in the global Hult Prize competition.

Launched in July 2024, Alaagi produces a fully compostable bioplastic made from seaweed, SMU said in a statement. The material can be used for grocery bags and sandwich wraps and can be heat-sealed to preserve freshness.

The company

In examining Atlantic Canada’s oceantech sector, one fact that is often overlooked is how tantalizingly close it is to boasting its first unicorn – a company valued at $1 billion.

While this article is largely a summary of the oceantech sector in 2024, we can’t overlook the biggest development in the marine innovation industries in the past six months. And that is the continued growth of the

A month after drawing investment from TLT East Ventures, Fredericton-based fintech company SnapTrade has partnered with Tickblaze Partners to help the Houston-based futures-trading app to expand into equities and cryptocurrencies.

SnapTrade – the main product of the company whose corporate name is Passiv – is an API, or application programming interface, that allows app developers to connect

St. John’s-based Kraken Robotics has completed a $115 million funding exercise on the TSX Venture Exchange, hitting the top of a funding range it outlined last month.

Kraken, which specializes in next-generation sonar systems and unmanned platforms to carry them, said in June it was raising $100 million in a share sale. It added that the underwriters, led by Desjardins Capital Markets, had a $15

The federal government last week announced loans totalling $2.5 million to three Halifax companies – Liveable Cities, Oberland Agriscience and Kindred AI – to help them adopt artificial intelligence.

The Atlantic Canada Opportunities Agency is providing the funds through its Regional Economic Growth through Innovation program and the Regional Artificial Intelligence Initiative.  

Liveable

Halifax-based health-monitoring venture HealthEMe has re-focused its attention to monitor the management of all chronic diseases as well as mental health.

The company was spun out of Halifax ad agency WeUsThem in early 2023 as a separate software business unit. Its first product imTEEN was originally released by WeUsThem and allowed youth to track and manage their mental health by

Less than a year after being named to the Deloitte Fast 50 of Canada’s fastest-growing companies, WeyMedia is setting the audacious goal of actually accelerating its revenue growth – by a lot.

The Dieppe, NB-based personal finance company is best known for its highly successful creditcardGenius product, and has recently expanded its suite of products with the development of moneyGenius.

The

Reflecting broader trends across the Atlantic Canadian landscape, Halifax’s startup community is evolving into two distinct tiers: a high-performing group of growth-stage ventures, and a larger pool of startups facing mounting challenges in a tough economic climate.

These are the trends we outlined last week at the Halifax Partnership’s launch of the Halifax Index. The Index is the economic

Accelerate Tech organizers are seeking applicants for the program that offers coaching, capital connections, and a founder community to BIPOC entrepreneurs.

The program is run by Halifax-based Tribe Network, a support organization for Atlantic Canadian entrepreneurs who identify as Black, Indigenous or People of Colour.

Whether you’re validating your first idea, building your MVP, or gearing up

A multi-disciplinary team of undergraduate students from Memorial University of Newfoundland and Labrador and the Marine Institute have taken home various prizes from an international robotics contest.

Since being founded in 2002, Eastern Edge Robotics has designed and built Remotely Operated Vehicles (ROVs) to international standards to model real-world ocean-workplace scenarios.

This year,