The Business Bank of Canada, or BDC, has established its Thrive Venture Fund and Lab for Women to act as a catalyst for disruptive companies led by females.  

The $500 million fund will make direct investments in women-led technology ventures at the seed and Series A or B stages, the federally owned bank said in a statement, adding that the new fund follows BDC’s Women in Technology Venture Fund

Halifax-based Novagevity, which makes plant-based meal replacements, is on the verge of closing a $2.5 million seed round, with which it plans to broaden its distribution in Canada and prepare for a U.S. launch.

The company makes the Sperri brand of health drinks, which is available in supermarket chains across Canada and is used by such health authorities as Nova Scotia Health.

Novagevity

The Black Arcs, a Fredericton company that provides artificial intelligence for city planners, has scored a $1 million research and development deal with the Department of National Defence to adapt its technology to model disease outbreaks.

Founded in 2015, The Black Arcs sells AI software that analyzes people’s travel behaviours and how they interact with community environments for use in city

Halifax startup hub Volta’s fourth annual Ecosystem Impact Awards are coming on Thursday, honouring changemakers from the region's innovation ecosystem.

Scheduled to be held from 5:30 p.m. to 7:30 p.m. at Volta’s Barrington Street workspace, the event is free.

“Volta’s Startup Ecosystem Impact Awards proudly recognizes change-makers, founders and supporters who are rapidly transforming the

Newfoundland and Labrador’s Genesis startup hub has graduated eight companies from its flagship Enterprise accelerator.

Enterprise targets companies looking to reach $1 million in annual revenue, and which already have a minimum viable product and traction in the marketplace. They also must have completed Genesis’s intermediate-level Evolution accelerator or a similar program.

“At Milk

Newfoundland and Labrador’s Genesis startup hub has put out a call for applications for the fall cohort of its eight-week Evolution startup accelerator, with an Oct. 3 deadline.

Genesis bills Evolution as a “pre-incubator” course meant to prepare young companies for longer programs, such as its own, three-year Enterprise incubator. Evolution promises to help entrepreneurs clarify their

The Rounds, a Halifax-based social network for medical professionals, has raised a $5.1 million seed round, bringing the company's total capital raised since its founding in 2012 to $7.8 million.

The money will go towards continued development of the platform, including new hires in sales, marketing and engineering.

Chief Executive Tim Rice said in an interview that the user growth that

With almost nine months in the books, 2022 is proving to be a pretty good year for funding by innovation companies in Atlantic Canada, on track for a quarter-billion dollars in equity capital.

With the announcement of a $5.1 million funding round by The Rounds of Halifax on Tuesday, we’ve tallied about $137 million in private capital raised by Atlantic Canadian startups this year. Adding on

Nova Scotia Business Inc., the provincial business development agency, has signed off on a payroll rebate program for Gerry Pond’s Mariner Partners worth nearly $1 million over five years.

Mariner is the 270-person firm founded by former NBTel CEO and Aliant Telecom President Pond and a group of business partners. It serves as the umbrella corporation for a basket of other businesses, including

Here’s something to ponder as we enter the busiest part of the year: we’ve never seen so much uncertainty in the Atlantic Canadian startup ecosystem as we’re seeing right now.

The ecosystem as we know it today has only been around for a little more than a decade, and it’s going through a greater flux than we’ve ever seen. Not only is the macro-economic climate deteriorating, but change is afoot