recent news
Energia Ventures To Host Demo Day
The innovation community is invited to the final presentations by Energia Ventures’ winter 2026 cohort.
Based at the University of New Brunswick’s J. Herbert Smith Centre for Technology Management and Entrepreneurship, Energia Ventures is a
NS Launches INMC Intl. Startup Competition
The town of Bridgewater, the Municipality of the County of Kings, and Pictou County have announced the launch of the INMC Nova Scotia International Startup Competition. It will send three Nova Scotia startups to compete at the International Network
NS Applications Open for Web Summit Vancouver
Invest Nova Scotia is seeking companies to participate in a trade mission to the Web Summit Vancouver Conference from May 11-14 (previously known as the Collision Conference that took place in Toronto).
Applicants must be technology startups with
Kraken Acquires UK Company for $615M
St. John’s-based Kraken Robotics Inc. has agreed to acquire British underwater-tech company Covelya Group for $615 million in cash and stock.
Announced late last week, the deal combines two providers of subsea technology serving defence and
AKA Partners with 2 South Korean Companies
Montague, P.E.I.-based AKA Energy Systems has signed a teaming agreement with South Korean shipbuilder Hanwha Ocean Co. and technology firm KTE Co.to collaborate on Canada’s Canadian Patrol Submarine Project.
The tri-party agreement was formalized
Raymex Launches Amid Dragons’ Den Frenzy
Tracey McGillivray was so busy preparing for a factory inspection in late January that she didn’t realize CBC had posted the trailer for Axtion Independence Mobility’s coming appearance on Dragons’ Den.
So she was flabbergasted that night when she
Ocean Supercluster Unveils Desalination Project
Canada’s Ocean Supercluster has announced a $4.1 million project to provide AI-powered monitoring of a sustainable wave-powered desalination project.
The project will be led by Oneka Technologies of Sherbrooke, Quebec, working with partners. It
Spellbook on Track for US$100M ARR this Year
St. John’s-based Spellbook, which makes generative AI products for law firms, has revealed that it tripled its revenue in 2025 and is on track to hit US$100 million (C$133 million) in annual recurring revenue this year.
Co-Founder and CEO Scott
Free Invest Canada Tickets for Female Investors
The Canadian Venture Capital and Private Equity Association, or CVCA , is offering 10 fully funded tickets to Invest Canada '26 to senior women investment professionals experiencing barriers to access.
Invest Canada is a national venture capital
Feds Hand Out $8.5M for AI
The federal government on Tuesday announced more than $8.5 million in funding for 40 projects to support artificial intelligence adoption across Atlantic Canada.
“Artificial intelligence is one of the greatest economic opportunities of our time,”
Clean Valley CIC Inks Six Contracts
With access to $6 million in capital, Clean Valley CIC has signed six contracts with oyster farming operations ranging from its home in Atlantic Canada to such far-flung markets as Portugal and Brunei.
Founded in 2018, Clean Valley has developed
Five Finalists Named for Breakthru
The New Brunswick Innovation Foundation has announced the five finalists for its breakthru pitch competition, which features a total prize pot of $200,000.
The New Brunswick government’s innovation agency announced last year it was resurrecting the
