recent news
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
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
Five Startups Compete at The Genesis Pitch
Five Newfoundland and Labrador startups will compete for more than $45,000 in prizes at The Genesis Pitch, taking place Oct. 29 at the St. John’s Convention Centre.
Organized by Genesis, the province’s technology incubator, the event marks the
NACO Calls for National Investment Strategy
NACO Canada has released a new report urging a coordinated national approach to mobilize up to $15 billion in private investment and strengthen Canada’s innovation economy.
Titled A Unified Capital Strategy for a Sovereign Innovation Economy, the
NBIF, TLT Invest in ClinicGlide
Fredericton-based ClinicGlide Technologies, which uses artificial intelligence to improve efficiency in healthcare, has raised six figures of funding from the New Brunswick Innovation Foundation and TLT East Ventures.
NBIF said on LinkedIn last
Site 20/20 No. 6 in Deloitte’s Fast 50
Dartmouth-based Site 20/20 has landed on Deloitte’s prestigious Technology Fast 50 list of Canada’s fastest-growing startups for the third straight year after accelerating its revenue growth.
The global accounting firm announced its 2025 list of
Ashored Wins $200K in TELUS Competition
Ocean technology company Ashored Innovation has been named one of five grand prize winners in the national TELUS #StandWithOwners competition, receiving a $200,000 prize package in cash and in-kind services.
The Debert, NS-based company was
Further Acclaim for Infusd Nutrition
Halifax-based supplement startup Infusd Nutrition has capped off a busy stretch with a series of national and international recognitions highlighting its role in the food technology sector.
Over the past 10 days, the company has participated in the
Axis Accelerator Seeks Applicants
The Axis Accelerator at University of New Brunswick Saint John is seeking applicants for its six-month program for business-to-business startups from across Atlantic Canada looking to grow their revenues and prepare to raise capital.
The program
NBIF Names Armali VP of Investments
The New Brunswick Innovation Foundation (NBIF) has appointed Daniel Armali as Vice President of Investments, effective immediately.
Armali joins NBIF after relocating from Montreal and brings more than 15 years of experience in venture capital,
Grant Named Managing Partner of Cuna del Mar
Cuna del Mar, an impact investment fund focused on regenerative aquaculture, has appointed Halifax lawyer and entrepreneur Donald Grant as its new Managing Partner.
The appointment of Grant, who previously served as the fund’s Vice President, marks
Lockhart Leaving Propel for McKenna Institute
Kathryn Lockhart, CEO of Propel, the regional virtual accelerator for tech-enabled companies, has announced she is joining the McKenna Institute at the University of New Brunswick as Executive Director, effective Nov. 10.
Lockhart has headed up
