Bright Breaks Exits

Halifax-based Bright Breaks, which streams wellness videos for its customers’ employees, has been acquired by Wellable of Boston for an undisclosed price.

The exit, announced Monday, will reward several local investors and is the latest chapter in the notable entrepreneurial journey of Bright Breaks Co-Founder and CEO David Howe.

Wellable, which provides employee wellness, rewards, and

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Atlantic Fintech Growth Network Launched

Atlantic Fintech has launched the Atlantic Fintech Growth Network, a new program aimed at helping Atlantic Canadian fintech companies to expand into the U.S. market.

The initiative aims to provide startups with mentorship, strategic guidance, and introductions to key players in banking, payments, and financial technology, the Moncton-based organization said in a press release.

The first edition

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Tenera Collaborates with ALIS

Halifax-based Tenera Care, a provider of location-based monitoring solutions for senior living communities, has integrated its product with Chicago-based ALIS (Assisted Living's Intelligent Software).

Tenera’s system uses wearable devices to track the movements of seniors in residential care homes. The company’s Real Time Location Service, or RTLS, helps long term care homes keep track of their

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Profitual Opens Second No-Pitch Competition

Following on the success of its first No-Pitch Competition, Fredericton fintech company Profitual is once again hosting the contest that assesses founders’ business models rather than their public speaking skills.

Entries for the company’s second No-Pitch Competition are open until the end of the month, and the winner of the $10,000 first prize will be announced Dec. 9.

Profitual, a financial

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Hadamard AI Bags $31,500 at Genesis Pitch

Hadamard AI, founded by brothers Nathaniel and Thomas Roberts, was named the Genesis Pitch Champion last week, earning $30,000 and a place on the Pitcher Plant trophy.

Hadamard AI develops artificial intelligence-driven legal research tools, which allow users to conduct faster, smarter research with reliable, cited results. The audience at the sold-out event also awarded Hadamard the Community

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NBIF’s Breakthru Returns

The New Brunswick innovation Foundation is bringing back Breakthru, its legacy startup competition.

Organizers are offering $200,000 in equity investment and in-kind support to help entrepreneurs turn ideas into ventures.  The Grand Prize will provide $100,000 in equity investment and two runners-up will receive $50,000 in equity investment.

The three companies will enter due diligence with

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LeBrun Named to InnovateNB Hall of Fame

Entrepreneur and social innovator Marcel LeBrun has been named the 2025 inductee to the InnovateNB Hall of Fame in recognition of his decades-long impact on New Brunswick’s technology and innovation sectors.

The honour will be presented during the InnovateNB Awards ceremony on Nov. 27 at the Saint John Trade and Convention Centre, where innovators from the province’s private, public, and

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Laberge’s New Company Closes US$10.5M Round

Fifteen months after exiting his first Halifax-based company, Zach Laberge has closed a US$10.5 million (C$14.7 million) seed funding round for his new startup Omen, which uses AI in the maintenance of heavy machinery.

The surprising thing about this raise is not just that Laberge, the founder and CEO of Omen, just turned 20 this month. It’s that he closed the round in only four days.

Now based

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EDC Backs Growth of Maritime Launch

Maritime Launch Services has secured a $10 million senior credit facility from Export Development Canada to support the continued development of Spaceport Nova Scotia in Canso and advance toward its first orbital launch.

The financing agreement includes an initial $5 million advance, with the remainder available through drawdowns tied to ongoing construction and development milestones. The funds

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