recent news
Pureflow Recognized by Genesis
Pureflow, which has developed a high-tech tampon capable of detecting toxic shock syndrome and other infections, was victorious at Newfoundland and Labrador startup hub Genesis’s Pitch & Pints competition for startups from its Evolution accelerator.
QuickFacts Raises $2M
A year after its first major equity funding raise, Halifax-based QuickFacts has closed a $2 million oversubscribed round led by Sandpiper Ventures on the back of strong user growth.
Also among the round’s investors are Mark Dobbins’ Killick
East Coast Startups Raised $77M in Q2
Three of the four Atlantic provinces continued a trend of weak fundraising performance in the second quarter, new data from the Canadian Venture Capital and Private Equity Association shows, but Newfoundland and Labrador helped salvage a
SONA Acquired by Celero
Bedford, N.S.-based payment processing startup SONA has been acquired by Nashville's Celero Commerce for an undisclosed sum.
Founded in 2016 and previously called SonaPay, SONA makes payment processing systems, including hardware and software, for
Meta Files for Bankruptcy
Less than three months after Dartmouth-based Meta Materials said it was laying off 80 per cent of its workforce, the one-time unicorn has filed for bankruptcy.
Though the announcement did not appear on the company website, Meta on Friday filed for
Veer Picks Fosen to Build Hydrogen Container Ship
Lunenburg, N.S.-based Veer Group has chosen a shipbuilder to construct the first two of its 100-metre hydrogen- and sail-powered container vessels: Fosen Shipyard of Stralsund, Germany.
The companies announced they had signed a letter of intent
Ocean Startup Challenge Seeks Applicants
The Ocean Startup Project is seeking applicants to its Ocean Startup Challenge, a competition that offers young bluetech companies up to $25,000, as well as mentorship and business development support.
Hosted by national industry group the Ocean
Invest NS Made $3.2M of VC Deals in FY24
Invest Nova Scotia made $3.2 million of venture capital deals during the fiscal year that ended March 31, funding disclosures from the provincial economic development agency show.
The money was spread across seven deals, all but two of which
Dalhousie Receives Additional $10M for National Battery Hub
Dalhousie University will receive $10.15 million to establish a national research hub for battery technologies.
Dubbed the Canadian Battery Innovation Centre, or CBIC, the project is receiving about $8 million from Natural Resources Canada’s Energy
Propel Announces Traction and Growth Grads
Virtual startup accelerator Propel has announced the seven companies graduating from the latest cohort of its Traction and Growth program for scaling companies.
Traction and Growth is meant for startups with more developed operations than those in
Farrell to Host Entrevestor Live
We’re delighted to announce that Dr. Ellen Farrell, professor of venture capital and entrepreneurship at Saint Mary’s University, has agreed to be the Chair and Host of Entrevestor Live at Volta on the afternoon of Sept. 17.
Entrevestor Live is our
Sustane Ships First Naphtha to Europe
Circular economy startup Sustane Technologies’ first shipment of naphtha fuel derived from waste plastics is on its way to a client in Europe.
In an interview, CEO Peter Vinall said the company tested a variety of possible plastic sources for its