recent news
Frenter Closes $270K Raise
In the wake of a pivot, Halifax’s Frenter has raised $270,000 from a consortium of investors that includes John Risley’s CFFI Ventures, Mark Dobbins’s Killick Capital and several funds from outside Atlantic Canada.
The $270,000 close is part of a
Ocean Supercluster Seeks Labour Proposals
Canada’s Ocean Supercluster, the federally backed organization that cost-shares with the private sector on research and development initiatives, has put out a call for new project proposals.
In a press release, the Supercluster said the callout is
Securicy Reveals $5.2M Raise
Last summer, Cape Breton’s Securicy quietly raised its first round of institutional investment -- a US$4.1 million or C$5.2 million deal that was never publicized. As the 35-person company works to grow its staff to between 42 and 44, CEO Darren
Clean Leadership Applications Open
A summer internship program that provides Nova Scotia youth and employers with opportunities to develop leadership in green companies is once again seeking applicant employers.
The Clean Leadership Summer Internship program matches employers with
Reused Plastic and Recircle Merge
Two Nova Scotia startups focused on recycling plastic waste into usable materials have merged. Antigonish's Recircle Waste Management Solutions and Halifax's Maritime Reused Plastic Products have amalgamated and will do business under the name
Meta Faces Class Action Suit
Six months after gaining unicorn status through a listing on the Nasdaq, Meta Materials Inc. is facing a class action lawsuit from disgruntled investors.
Meta Materials, the Dartmouth maker of advanced materials that alter light, listed on the
Volta Democamp Set for Feb. 16
Halifax startup hub Volta’s annual Democamp, which gives startups the chance to showcase their technology for investors and other innovation community members, is scheduled for Feb. 16.
Held virtually, the event will give entrepreneurs the chance
Inside Genesis’ Diversity Push
As recently as 2015, exactly none of the ventures at St. John’s-based Genesis startup hub were led by women. Today, nearly a third of them are.
In an interview Wednesday, Vice President of Finance and Special Projects Colin Corcoran told
Proposify Lays Off 25
Less than four months after it finished raising a $13 million funding round, Halifax Software-as-a-Service company Proposify is laying off 25 people as part of what CEO Kyle Racki described as an attempt to “right-size” the company after missed
TrojAI Raises $3M Seed Round
In the wake of commercializing its product last summer, Saint John cybersecurity firm TrojAI has raised a $3 million seed round led by Halifax’s Build Ventures and Seattle’s Flying Fish Ventures, which was co-founded by former Microsoft, Amazon and
Dal Offers Entrepreneurship Workshop
Dalhousie University’s Dal Innovates entrepreneurship hub will offer a three-day workshop about how to apply entrepreneurial thinking to scientific research and career planning in academia.
Slated to run from Jan. 26 to 28, the
What To Watch for in 2022
Every year at this time, we pull out the crystal ball and try to see what the next twelve months may bring, and I’ve got to say the glass orb is a little cloudy for 2022.
I try not to write predictions in the first article of the year, because it’s