Halifax-based Cove Kombucha has closed a $1.2 million equity funding round, which the maker of healthy drinks hopes will go toward upgrading its facility, increasing production and reaching new markets.

The company said in a press release last week it attracted the investment from Vancouver-based Canaccord Genuity Wealth Management, after a one-month search.

Cove is now selling its kombucha – a

Propel has named 32 companies to Phase 2 of its Incite program – its biggest intake yet in the virtual tech accelerator.

The chosen companies span Eastern Canada.  Eleven companies are from Nova Scotia, nine from Newfoundland and Labrador, seven from New Brunswick, and four from P.E.I.  There is also one company from Quebec.

Because the Incite curriculum is delivered online, there are no

Sydney-based Swarmio Media, which helps reduce lag times in video gaming, has begun the process of listing on the TSX Venture exchange and raising about $6 million in development capital.

Formerly called Ubique, Swarmio earlier this month filed documents with regulators outlining how it will gain the listing through a capital pool company, or CPC, transaction. Swarmio will do a reverse takeover

Bill Gates has thrown his support behind CarbonCure Technologies, the Nova Scotia company that is reducing carbon emissions in the production of concrete.

The Co-Founder of Microsoft on Monday posted a blog that highlighted Dartmouth-based CarbonCure, including a video that features interviews with CEO and Founder Robert Niven.

Last year, CarbonCure was one of nine companies in the world to

The Atlantic Women’s Venture Fund is seeking an investment partner, someone who can identify target companies and negotiate investments for the fund expected to launch next year.

The Women’s Venture Fund is one of the most highly anticipated additions to the region’s ecosystem, and is set to launch next spring or summer. The founders are hoping to establish a for-profit fund amounting to about

Dartmouth-based Ashored Innovations has graduated from MassChallenge with one of the top three prizes at the international accelerator.

Ashored, which is developing fishing equipment that reduces risks to marine life, was one of two companies to receive a US$75,000 (C$98,000) platinum award at the MassChallenge demo day Thursday night. They were exceeded only by North Carolina-based Tellus

A Nova Scotia engineer is aiming to take energy-efficient housing mainstream.

Natalie Leonard is the founder of Passive Design Solutions, which sells ready-made building plans for energy-efficient houses.

The company originally specialized in custom, one-off projects. But with $100,000 of federal funding, Leonard is looking to scale the business and sees standardized designs as a way to expand

A year after the legalization of cannabis in Canada, New Brunswick is making a push into developing innovation into the sector.

The province is in the midst of a two-week campaign to draw attention to the potential of the field – especially the opportunity to do more with cannabis than just growing it and selling it on the retail market. BioNB, the provincial life sciences organization, and

Bedford-based Alpha Dog Games, one of the leading mobile-game developers in Atlantic Canada, has been acquired by Bethesda Softworks of Maryland for an undisclosed price.

Founded by Jeff Cameron and Shawn Woods in 2012, Alpha Dog has developed such games as the MonstroCity series (most recently, MonstroCity Rampage) and Wraithborne. The company has made a name for itself in the development of

The Memorial Centre for Entrepreneurship was named one of five finalists in the emerging entrepreneurship centre category of the Global Consortium of Entrepreneurship Center’s annual awards.

Though the St John’s-based organization didn’t win, the MCE was the only Canadian centre, and one of four outside the U.S., to be recognized as a finalist in any of the eight award categories

The