recent news
Kraken Robotics Made $40M Revenue in 2022
St. John’s-based Kraken Robotics has hired a new chief technology officer in the wake of finishing its absorption of fellow Newfoundland and Labrador company PanGeo Subsea and increasing its annual revenue by more than 50 percent.
Founded by former
Fintech Incubator Now Available to Atlantic Companies
Industry group Atlantic Fintech and incubator Fintech Cadence have inked a deal to make the Montreal innovation hub’s online training and support services available to East Coast startups.
The Fintech Hub, as Fintech Cadence dubs its service, is a
Dal Innovates Seeks Collide Applicants
Dal Innovates has opened applications for the winter cohort of its Collide training program for budding entrepreneurs.
Aimed specifically at university students, the Collide program promises to teach participants the basics of customer discovery
ReelData Raises US$8M
ReelData, the Halifax company that makes artificial intelligence for land-based aquaculture, has raised a US$8 million (C$10.7 million) Series A funding round as it looks to commercialize its second product offering next quarter.
ReelData’s first
Cleantech Event Set for Fredericton Feb. 23
The New Brunswick Innovation Foundation and provincial business development agency Opportunities New Brunswick will host their R3 climatetech summit in-person this February at the Fredericton Convention Centre.
WeUsThem Spins Off HealthEMe
WeUsThem, the Halifax ad agency, has spun off its software business unit into a new startup, HealthEMe, which is raising a roughly $1 million seed round.
HealthEMe’s first product is imTEEN, which was originally released by WeUsThem and allows
Research NS Receives $25M
Research Nova Scotia, the provincial nonprofit that helps fund and coordinate scientific work, is getting a tidy boost to its budget.
About a $25 million boost, more specifically. Since Research Nova Scotia’s founding in 2019, it has received a
Summer Institute, Energia Ventures Seek Applicants
The University of New Brunswick’s J. Herbert Smith Centre is looking for applicants to two of its startup accelerator programs, Energia Ventures and The Summer Institute.
Now in its seventh year of operation, Energia Ventures supports startups from
Atlantic Women’s Angel Fund to Back Female Founders
Atlantic Canada is getting a new regional angel group.
The newly formed Atlantic Women’s Angel Fund was inspired partly by managing partner Andrea King’s experience on the board of the non-profit Atlantic Women’s Venture Foundation, which was
Precision BioLogic Wins FDA Approval
Precision BioLogic, a Dartmouth medtech company that sells diagnostic testing supplies, has received United States Food and Drug Administration approval for its product for the bleeding disorder Hemophilia B.
The Hemophilia test, also recently
The Stories We’ll Be Watching in 2023
The startup community is entering 2023 on uncertain footing, with a faltering global economy and contracting venture capital markets raising questions about young companies’ near-term prospects.
But an evolving startup support ecosystem and
Iron Fox Fast Off the Line
In the space of just eight months, Charlottetown video game developer Iron Fox Games has grown to have a staff of 21 people and is already running in the black.
Founded by industry veterans Ryan Filsinger and Chris Gallant, who previously developed