recent news
Mara Raises US$9.1M from S2G
Mara Renewables, the Halifax company that produces omega-3 products from algae, has raised US$9.1 million (C$12.6 million) from S2G Investments to expand its production, sales and R&D capacity.
The company issued a press release last week
Life Sciences, Medtech Showed Resilience in 2024
Atlantic Canada’s life sciences and medtech sectors demonstrated resilience in 2024 with notable revenue growth, though equity funding for life sciences companies has fallen in recent years.
Today we’re highlighting the section of our 2024 Atlantic
Weevva Accepted into IFH Lab
Weevva, the Newfoundland and Labrador startup that helps landlords and tenants manage rentals with confidence, has been accepted into the 2025 cohort of the Innovate Financial Health Lab.
The IFH Lab is a national accelerator that supports startups
Dispersa Says Expansion is Under Way
Dispersa, a Laval, Que.-based cleantech company with a development team in Sydney, has posted that it is proceeding with expansion plans after closing a $5.8 million funding round earlier in the year.
Dispersa is developing “biosurfactants” derived
Aruna Revolution Wins Big at StartupFest
Dartmouth-based Aruna Revolution, a women-led company that makes compostable sanitary products from plants, has won the $100,000 Impact Investment Prize at Startupfest 2025.
In Montreal last week, the well-known event that brings together
Evolve Seeks Tech Founders
St. John’s-based innovation hub Genesis is seeking founders to participate in Evolve, a six-week program for early-stage tech founders. Entrepreneurs can join virtually or in person and will be helped to:
* Clearly define the problem the startup
7 Startups Join Scale-up Cambridge Phase Two
Bounce Health Innovation, the Newfoundland and Labrador life sciences and medtech organization, has named seven companies that have graduated to Phase Two of the Scale-Up Cambridge program.
The program is designed to help leading Atlantic Canadian
ASETS-CA Closes Funding Round
Fredericton-based ASETS-CA Inc. has closed a funding round from strategic investors, and plans to use the money to enhance its engineering design software and increase sales.
The company, whose technology improves workflow for people involved in 3D
MULLI Wins MTME Event at UNB
Last week’s MTME pitching event at University of New Brunswick was won by golf swing solutions company MULLI. DeepREM, a company developing a sleep solution, placed second. The new ventures won $1,500 and $1,000 respectively.
The winners were among
New Fund in Pond’s Name To Foster Sales Skills
Led by the McKenna Institute and Mariner Partners, an effort is under way to raise $250,000 to $500,000 to endow the Gerry Pond Professional Sales and Business Development Experiential Learning Fund.
It’s intended the endowment will uphold the
Frontier Inks Deal with Halifax’s pHathom
Halifax-based carbon capture venture pHathom Technologies has struck a deal with Frontier to remove 510 tons of CO2 from the atmosphere using the startup’s technology.
Frontier works with some of the world’s largest companies to encourage the
Shoelace Learning Named a Top 30 EdTech Startup
Halifax-based edtech venture Shoelace Learning has been named one of the Top 30 Startups globally in the inaugural Global EdTech Prize and will now enter the finals.
In a post on LinkedIn, CEO Julia Rivard Dexter said Shoelace is the only Canadian