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NPC backs Chinova Bioworks, ALT-PRO Advantage

  • Mar 06, 2025
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SimplyCast, Pico Public Cloud Sign MOU

  • Mar 06, 2025
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Aeon Blue Eyes $10M Seed Round

  • Mar 05, 2025

recent news

QuickFacts Raises $2M

  • Aug 16, 2024
  • Avery Mullen

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

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East Coast Startups Raised $77M in Q2

  • Aug 15, 2024
  • Avery Mullen

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

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SONA Acquired by Celero

  • Aug 13, 2024
  • Avery Mullen

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

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Meta Files for Bankruptcy

  • Aug 13, 2024
  • Avery Mullen

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

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Veer Picks Fosen to Build Hydrogen Container Ship

  • Aug 12, 2024
  • Avery Mullen

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

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Ocean Startup Challenge Seeks Applicants

  • Aug 09, 2024
  • Avery Mullen

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

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Invest NS Made $3.2M of VC Deals in FY24

  • Aug 08, 2024
  • Avery Mullen

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

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Dalhousie Receives Additional $10M for National Battery Hub

  • Aug 07, 2024
  • Avery Mullen

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

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Propel Announces Traction and Growth Grads

  • Aug 05, 2024
  • Avery Mullen

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

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Farrell to Host Entrevestor Live

  • Aug 05, 2024
  • Peter Moreira

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

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Sustane Ships First Naphtha to Europe

  • Aug 01, 2024
  • Avery Mullen

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

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InvestorQ&A Deploys Persuasion Research

  • Jul 31, 2024
  • Avery Mullen

Ellen Farrell, the Saint Mary’s University professor who has been one of the key architects behind the Sobey School of Business’s entrepreneurship programming, is commercializing a new software product aimed at helping women founders perform better

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