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CVCA Data Shows Region Raised $25M in Q2

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recent news

IMV Tests Drug with Breast Cancer

  • May 11, 2021
  • Carol Moreira

Dartmouth-based drug discovery company IMV has announced that its lead compound, known as maveropepimut-S, will be trialed in patients with hormone receptor positive/HER2-negative breast cancer.

In a statement, the company said these tumors

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Audioptics Lands $732K from ACOA, IRAP

  • May 11, 2021
  • Avery Mullen

Halifax-based Audioptics Medical, whose device can see through eardrums to study the middle ear, has received a $492,000 loan from the Atlantic Canada Opportunities Agency and a $240,000 grant from the National Research Council of Canada’s

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Cydarien Adds Security to Software Testing

  • May 10, 2021
  • Peter Moreira

Ali Ghorbani has launched a new company, and not surprisingly it is focused on cybersecurity.

An academic, researcher and serial entrepreneur, Ghorbani is the Director of the Canadian Institute for Cybersecurity in Fredericton, and his new company

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Tenera Raises $750,000, Bags ACOA Loan

  • May 10, 2021
  • Avery Mullen

After a short, pandemic-induced halt to its activities last spring, Halifax senior-monitoring startup Tenera Care is ramping up its expansion with the help of a new, remote installation procedure for its technology.

Tenera has closed or is in the

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DMF Anesthesia Device Approved

  • May 10, 2021
  • Carol Moreira

Halifax-based DMF Medical has received a Class II medical device license from Health Canada to sell its memsorb carbon dioxide filtration device, which has been created to improve safety for patients undergoing general anesthesia.

The company said

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Pressto Helps Kids Spot Fake News

  • May 09, 2021
  • Avery Mullen

A Halifax ed-tech company is on a mission to help make children better, more thoughtful writers – by helping them create their own newspapers.

Pressto, founded by former magazine publisher Daniel Stedman, is a web app that lets children write and

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Outcast a Semi-Finalist In Food Waste Reduction

  • May 09, 2021
  • Carol Moreira

Halifax-based Outcast Foods has received $100,000 after being named a semi-finalist in the Government of Canada's Food Waste Reduction Challenge. Twelve finalists will receive $400,000 and two winners will each receive $1,500,000. 

Outcast has been

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Jobs: Dash Hudson Hiring in NS, NYC, LA

  • May 09, 2021
  • Peter Moreira

Our Jobs of the Week column today features 10 different postings by Halifax-based social media monitoring company Dash Hudson, which is seeking executives in Halifax, New York and Los Angeles.

Dash Hudson is a visual marketing Software-as-a-Service

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Picture Pick Gamefies Advertising

  • May 06, 2021
  • Avery Mullen

With its user experience dialed-in, Halifax advertising startup Picture Pick has begun marketing itself to potential ad-buyers and bagged a deal with entertainment giant NBCUniversal Media.

Picture Pick’s app gamefies advertising by encouraging

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STDC Funds Cleantech Companies

  • May 06, 2021
  • Avery Mullen

The federally backed Sustainable Development Technology Canada foundation is expanding its cleantech Seed Fund by distributing grants to 21 new companies, including five with ties to Atlantic Canada.

The Seed Fund is now in its second year and has

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TVAAG Focuses on Green ‘Athleisure” Wear

  • May 05, 2021
  • Carol Moreira

Charlottetown-based natural clothing company TVAAG is seeking to lessen the health and environmental impacts of the fashion industry, often said to be the second-most polluting in the world.

TVAAG (derived from a Sanskrit word meaning skin) is

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Volta Launches Logistics AI Accelerator

  • May 05, 2021
  • Avery Mullen

Halifax startup incubator Volta has announced the creation of a new, year-long accelerator for AI startups focused on supply chains, with up to $14,000 of funding per company on offer.

The program, Volta AI, is the result of a partnership with

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