St. John’s-based Kraken Robotics said Monday it has received a $1.1 million purchase order for its AquaPix synthetic aperture sonar systems from two NATO navies.

Delivery of the systems is scheduled for the first half of next year. The AquaPix is an off-the-shelf sonar system designed to be mounted on unmanned vessels. It boasts a lower price and longer range than competing products, Kraken said

Venture Grade, a student venture capital fund based at Saint Mary’s University in Halifax, has invested $12,500 in online life insurance distributor Emma Labs.

Based in Montreal, Emma Labs targets younger life insurance buyers, aged 29 to 40, who have young children or are expecting kids. The company aims to streamline the sales process by waiving the usual mandatory health evaluation and

Provincial venture capital crown corporation Innovacorp is organizing a panel discussion on raising capital in the blue economy, to be held at Dartmouth’s Centre for Ocean Ventures and Entrepreneurship, as part of its Business over Breakfast series.

Scheduled for Nov. 10 at 8:00 a.m., the event will see panelists Sally Ng, Rob Barbara and Jennifer Fuccillo discuss fundraising tactics for

Halifax startup hub Volta is looking for companies to participate in its next quarterly Pitch Competition, but entrepreneurs who want to participate must apply in the coming week.

The competitions offer budding founders the chance to practice giving a three-minute pitch to a panel of judges. Winners are chosen based solely on the quality of their pitches — not the quality of their companies.

As of Nov. 3, Atlantic Canada will have watched three of its startups pitch to angel investors and venture capitalists on the CBC’s popular reality show Dragons' Den this fall, with two of the three companies having so far secured investment.

In September, an episode aired in which Mahone Bay entrepreneur Mark Lowe agreed to sell 32 percent of his company, Lobster Made Easy, to marketing

The annual Spark Nova Scotia startup competition, which offers companies up to $50,000 of non-dilutive funding, has announced the winners for two of its three regional categories: Nova Scotia Southwest and Nova Scotia North. The Cape Breton division has been deferred until Spring.

Now in its ninth year, the Spark program aims to nurture Nova Scotian startups based outside of metro Halifax. The

St. John’s-based ReportMate, which sells software for cleaning up disorganized medical records, has rebranded as SiftMed as it enters commercialization.

The newly dubbed SiftMed’s artificial intelligence platform automatically organizes medical records into a clearly labelled, searchable database for use by insurance company employees as they assess some types of claims, such as accident-related

Dalhousie University’s Emera IdeaHUB has announced the latest cohort of its BUILD accelerator, with artificial intelligence playing a role in the underlying technology behind at least four of the 10 companies.

BUILD, previously called Design2Build, is a 10-month accelerator meant to help deep tech entrepreneurs develop and manufacture their products.

The program is split into three modules. The

CoLab Software, the St. John’s-based maker of collaboration software for 3D modelling, has been accepted into the Lazaridis Institute’s prestigious ScaleUp program for growth-stage companies in the wake of its best quarter ever.

Chief Executive Adam Keating said in an email that CoLab’s recently ended third quarter saw the company more than double its revenue compared to its previous best

Sherbrooke, Quebec-based Oneka Water Technologies, which received a $1 million investment from Nova Scotia venture capital Crown corporation Innovacorp in 2021, has won the Innovation Award at the International Desalination Association Conference.

Held in Sydney, Australia, the conference is the flagship event of the International Desalination Association, or IDA — a United Nations recognized