recent news
Volta Names 15 Cohort Finalists
Fifteen early-stage startups will pitch for as much as $25,000 each in equity funding at the next Volta Cohort Pitch Event on May 19.
Volta, the Halifax innovation hub, initiated the funding program three-and-a-half years ago, and so far 34
Sona Begins New Trials in Toronto
Halifax-based Sona Nanotech will begin clinical trials in Toronto this week in which 500 emergency room patients suspected of having COVID-19 will use the company’s saliva-based rapid test.
The trials come as the company, whose shares are listed on
Unbound Aims to Cut Drug Waste
St. John’s-based Unbound Chemicals is tackling a big problem – the waste produced by the pharmaceutical industry.
The company is developing a process to unlock the valuable ingredients from pharmaceutical waste. It’s an issue that has been
An Unprecedented Month of Funding
More than $50 million has flowed into the Atlantic Canadian innovation sector in April, and we still have a week to go before the month ends.
We’ve been scrambling to keep up with all the investment news this month, which we think is unprecedented
AVSS Completes Key Standards Test
Aerial Vehicle Safety Solutions of New Brunswick, which makes safety parachutes for drones, has completed key testing that means the company now adheres to new rules on drone safety.
Based in the Saint John suburb of Rothesay, AVSS issued a
Outcast Expands with NSBI Rebate
Halifax-based Outcast Foods is increasing its production of upcycled food products with the support of a $500,000 rebate from Nova Scotia Business Inc.
Outcast, which calls itself the global leader in scalable food waste reduction, will use the
Earth Day 2021 Sees Cleantech Taking Root
With humanity facing enormous environmental challenges such as rising temperatures and pollution from micro-plastics, cleantech is an increasingly important sector globally.
Atlantic Canada is no different, and the region has been nurturing some
Carnegie Acquires Zorbit’s Math
Zorbit’s Math, a St. John’s-based provider of educational software, has been acquired by Carnegie Learning of Pittsburgh for an undisclosed price.
Under the deal, which the parties announced Tuesday, Zorbit will become Carnegie’s Canadian office
“Tech for good” Startups Join Venn Garage
Seven early-stage New Brunswick startups that use technology for social good have made the province's Venn Garage incubator program. Problems addressed range from reducing the impact of Covid on local businesses to bringing safe and reliable
Cape Privacy Raises US$20M
Cape Privacy, which provides machine learning solutions for encrypted data, has raised US$20 million (C$25 million) to help develop its platform and find more clients in financial services and other markets.
The broadly subscribed funding round was
Breakthru Newcomer Seeks Applicants
Planet Hatch and the New Brunswick Innovation Foundation have opened applications for the Breakthru-Newcomer competition for startups founded by recent immigrants and international students.
The competition will comprise two streams – newcomer
Millennia Tea Selling Across Canada
Millennia Tea has expanded its relationship with Sobeys so its frozen tea product, which is rich in antioxidants, is now available in the supermarket chain’s outlets across the country.
The Saint John company began selling in 10 Sobeys stores in