recent news
Life Sciences NS Gains Provincial Funding
The province of Nova Scotia is providing new funding to Life Sciences Nova Scotia, the industry association that supports life sciences companies. The $1.4 million contribution through the province’s Community Economic Development Fund will support
Island Abbey Agrees to US$20M+ Sale
Island Abbey Nutritionals, the maker of Honibe honey-based gummies and lozenges, has agreed to be acquired by TopGum Gummiceuticals for US$20 million (C$29.1 million) plus future considerations.
Charlottetown-based Island Abbey has been a
Leslie Magee is New Chair at NBIF
Leslie Magee has been appointed Board Chair of the New Brunswick Innovation Foundation.
Magee first joined NBIF’s Board of Directors in 2020, and her appointment as Chair builds on the governance and leadership NBIF has established over the past
Sound Blade Closes US$16.5M Series A Round
In only its second year of existence, Halifax-based medtech company Sound Blade Medical has closed a US$16.5 million (C$23.8 million) Series A funding round, which will help fund development and clinical trials of its product.
Sound Blade is
UNB Student Pitch Deadline Looms
Student founders are invited to pitch at the upcoming RBC pitching contest at University of New Brunswick in Fredericton. The one-day, in-person event invites students to pitch their ideas for new products and services to judges from the business
BMO Apex Startup Challenge Winners Announced
Twenty-four teams from University of New Brunswick and other Canadian post-secondary institutions competed for up to $30,000 in cash awards earlier this month.
The BMO Apex Startup Challenge was held Jan. 23 and 24 at the University of New
Granville Biomedical Closes Pre-Seed Round
Six years and one pandemic after it launched, St. John’s-based Granville Biomedical has secured its first round of equity investment and is setting its sights on a second raise before too long.
While more than half a decade of bootstrapping will
Join the Movement: Fill in our Survey!
Many thanks to all the CEOs who have completed our survey, and a gentle reminder to other Atlantic Canadian startup leaders to please take a few minutes to answer our 10-question form.
We’ve had a great response to our campaign for more
Ignite Gains ACOA Funding and Launches MERGE
The MERGE Program at Fredericton startup hub Planet Hatch has received $294,250 in support from the Atlantic Canada Opportunities Agency (ACOA).
MERGE has been set up by the Fredericton area economic development agency IGNITE and Planet Hatch to
Student Pitch Contest Seeking Applicants
For the fifth year in a row, the Arthur L. Irving Entrepreneurship Centre at Saint Mary’s University in Halifax is hosting The Arena pitching contest for students.
The pitching contest brings together 64 student entrepreneurs from across Canada to
Please Complete Our Survey
January is winding down and we’re asking startup CEOs who haven’t filled in our short, confidential survey to please do so soon.
We understand how busy everyone is so we hate to keep asking. But we also hear from a lot of founders that they
BoeingTo Contribute $10.3M to Solace
Boeing, one of the world’s largest aircraft manufacturers, has committed $10.3 million to help Mount Pearl, NL-based Solace Power to expand its capacity for making wireless charging products.
The Seattle-based manufacturing giant released a