recent news
Risley’s Project Nujio’qonik Wins Environmental Nod
John Risley’s World Energy GH2 has won the long sought-after environmental approval it needs to move ahead with a massive, 328-turbine wind energy and hydrogen production facility near St. George’s Bay, Newfoundland and Labrador.
The Newfoundland
CTA London Seeks East Coast Applicants
With Atlantic Canadian companies making up one-quarter of its latest cohort, the Canadian Technology Accelerator in London is hoping for even more applications from the East Coast in the future.
The Trade Commissioner Service in the British capital
US Company Agrees To Buy Appili
Halifax-based drug discovery company Appili Therapeutics has agreed to be acquired by Richmond, Virginia-based Aditxt for C$16.8 million in cash, stock and assumed debt, though the acquirer has to raise US$20 million to close the deal.
Last week,
Swiftsure Lands $149K in Provincial Funding
Pasadena, NL-based medtech company Swiftsure Innovations has received $149,000 in funding from the Newfoundland and Labrador government to help finance its second clinical trial at the Cleveland Clinic.
The provincial government’s Industry, Energy
Potential Entering Commercialization
Potential Motors, the Fredericton-based maker of control software for off-road vehicles, has now logged more than 3,000 hours of real-world testing of its systems, including the first round of customer trials under its deal with manufacturer CFMOTO
TrojAI Could Double Staff in 12 Months
Veteran cybersecurity executive Lee Weiner’s appointment as TrojAI CEO reflects what management sees as a chance for the Saint John startup to become a central player in the artificial intelligence ecosystem, Co-Founder James Stewart said Thursday.
TrojAI Raises C$7.8M
TrojAI, the Saint John maker of security software for artificial intelligence systems, has raised US$5.75 million or C$7.77 million and appointed a new CEO, veteran cybersecurity executive Lee Weiner.
The deal was led by Seattle's Flying Fish
Council of Canadian Innovators Opens Halifax Bureau
Technology sector industry group the Council of Canadian Innovators has opened a bureau in Halifax, complementing its offices in Quebec, Ontario, the Prairies and British Columbia.
Founded in 2015 and comprising executives from major technology
Still Time To Complete our Survey
Are you an Atlantic Canadian founder who has been meaning to fill out the Entrevestor survey? If so, there’s no better day than today to get around to it.
So many founders have told us they intend to fill out the survey, but then the reality of
Frenter Signs Deal With Heavy Equipment Marketplace
California- and Halifax-based Frenter has signed a deal to incorporate its maintenance and analytics software for heavy equipment into Austin, Texas-based Boom and Bucket’s equipment rental marketplace.
The system will offer users estimates of
Shoelace Eyes Textbooks, Canadian Market
Halifax reading game startup Shoelace Learning is aiming to leverage its traction in the United States to win more deals in Canada, as CEO Julia Rivard Dexter looks to consolidate on pandemic-era growth amid a saturated educational technology
Genesis to Hold Pitch Competition April 9
Genesis, the Newfoundland and Labrador startup hub, will hold a pitch competition showcasing six companies from the latest cohort of its eight-week Evolution accelerator on April 9.
Chosen by Genesis out of the broader Evolution cohort, the seven