ASETS-CA Raises Seed Round

ASETS-CA hopes to make engineering work as simple as playing a video game, according to CEO Ashwini Oke, and the Fredericton maker of computer-aided design, or CAD, software now has significantly more funds with which to achieve that goal after closing its seed round.

The deal was led by multi-billion-dollar venture capital firm Accel, with additional investors including the New Brunswick

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Woveo Raises $2.3M

Fintech startup Woveo, which was originally founded in P.E.I. and is now headquartered in Calgary, has raised a $2.3 million seed round.

Woveo is a platform that lets users pool their money and take turns borrowing from the collective fund without paying interest in a process called rotational savings. The round’s investors included BKR Capital, which specializes in backing Black entrepreneurs,

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Infusd Finds Early Traction

Infusd Nutrition has raised a round of angel funding and is working with 10 international beverage ingredient-makers to implement its technology in their businesses under licensing deals, just months after the Halifax startup launched.

Infusd was founded by lawyer Jack MacDonald and chemical engineer David Giffin, and based on intellectual property developed over the last five years at

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Volta Opens Demo Camp Applications

Halifax startup hub Volta is looking for applicants to its annual Democamp, which gives young companies the chance to showcase their technology for investors and other innovation community members.

Slated to be held at Volta’s new, Argyle Street offices Feb. 15, the event lets entrepreneurs expound on the technological aspects of their businesses. But they must do so without the help of a slide

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Here’s Who Pitched at the Genesis Evolution Showcase

Genesis, the Newfoundland and Labrador startup hub, held a demo day for graduates of its Evolution accelerator last week, with seven companies participating.

Evolution is a “pre-incubator” course meant to prepare young companies for longer programs, such as Genesis' own, three-year Enterprise incubator. The course promises to help entrepreneurs clarify their businesses’ value propositions, find

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For City Planning, Black Arcs Takes the Road Less Travelled

While large language models and neural networks have been the forms of artificial intelligence dominating headlines this year, a Fredericton company has been busy deploying a system for modelling human behaviour using a very different type of AI.

The Black Arcs was founded by CEO Jake Arsenault in 2015 to help city planners and other policymakers predict human behaviour at scale, as well as its

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Invest NS Seeks Applicants to Digital Marketing Program

Economic development agency Invest Nova Scotia is looking for applicants to its Digital Marketing Asset Development Program, which is a training program for product-based companies looking to attend national or international sales events within the next year and a half.

Entrepreneurs will receive guidance developing digital marketing plans, as well as project management help for the duration of

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Begin.AI Personalizes Gaming

The type of user personalization usually found on social media websites could soon become common in video games thanks to the efforts of a Halifax-based artificial intelligence founder.

Rima Al Shikh is the entrepreneur behind Begin.AI, which has created a user-friendly platform for game developers to incorporate machine learning into their work, allowing games to learn what players enjoy and

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Propel Receives $2.9M From ACOA

Virtual startup incubator Propel has received a $2.9 million grant from the Atlantic Canada Opportunities Agency, funding the organization through 2026.

The money builds on $1.05 million Propel received from the Nova Scotia government in May, some of which it used to expand its coaching staff. The incubator is now in its 20th year, so in 2026 it will be 23.

“In order to accelerate investments,

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ELi Fights School Shootings

ELi Technology, the Halifax maker of internet protocol-enabled location-tracking systems for 911 services, has partnered with Minnesota-based GeoComm and Amazon Web Services on a new school safety platform to help police and emergency crews respond to mass shootings.

Newly appointed president Paul Parisi said Thursday the Active Threat Location Service, or ATLS, will integrate a system similar

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