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NACO Speakers Call for Reforms

  • May 01, 2025
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Calls for More Angel Investing

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Sums Capital Sold to NYC Company

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recent news

NewAE Sold to Britain’s lowRISC

  • Jul 28, 2022
  • Avery Mullen

Halifax cybersecurity company NewAE Technology, which manufactures products to study "hardware hacking", has been acquired by Britain's lowRISC C.I.C., with the aim of accelerating growth. 

LowRISC, which was founded at the University of Cambridge

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FACE Offers Loans to Black-Run SMEs

  • Jul 27, 2022
  • Avery Mullen

The Federation of African Canadian Economics, or FACE, recently celebrated the first anniversary of its founding, capping off a year in which it provided financial backing to businesses, including some on the East Coast. 

Montreal-based FACE offers

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ProcedureFlow Raises $12M

  • Jul 26, 2022
  • Avery Mullen

Saint John-based ProcedureFlow has raised $11.8 million in a funding round that includes its existing investors and some employees, as well as newcomers Sandpiper Ventures of Halifax and the Canadian Business Growth Fund.

ProcedureFlow raised the

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NS to Amalgamate Innovacorp, NSBI

  • Jul 26, 2022
  • Avery Mullen

Crown corporations Nova Scotia Business Inc. and Innovacorp are being amalgamated into a single agency called Invest Nova Scotia, as Tim Houston’s Progressive Conservative government looks to streamline operations, the province announced Tuesday.

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Moffitt Bows Out at BioNova

  • Jul 25, 2022
  • Avery Mullen

BioNova Executive Director Scott Moffitt has resigned from the Nova Scotia life sciences industry group, with Director of Operations Kerri Manette stepping in as interim director.

Moffitt started at BioNova as managing director in 2013 and became

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NACO Reports Strong 2021 in Atlantic Canada

  • Jul 24, 2022
  • Avery Mullen

Early-stage investors invested $29.4 million in Atlantic Canadian startups last year, according to a forthcoming report by the National Angel Capital Organization, or NACO, accounting for about 5 percent of angel funding nationally.

The 2022 Report

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CASTL Names Etter Director of Technical Training

  • Jul 24, 2022
  • Avery Mullen

The Prince Edward Island-based Canadian Alliance for Skills and Training in Life Sciences, or CASTL has hired pharma industry veteran Paul-Xavier Etter as its director of technical training.

Etter’s recent experience includes working as a

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Introhive Lays Off Staff, Braces for Recession

  • Jul 21, 2022
  • Avery Mullen

Just a year after raising the largest equity funding round in New Brunswick history, Fredericton- and Miami-based Introhive is laying off about 16 percent of its workforce as the company braces for economic headwinds.

Chief Executive Jody Glidden

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Energia Cohort Draws from Jordan, Africa

  • Jul 20, 2022
  • Avery Mullen

Fredericton-based startup accelerator Energia Ventures held a demo day for its latest cohort Wednesday, highlighting its status as a draw for international entrepreneurs, with four of the five companies hailing from Africa.

The accelerator is run

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Startup Atlantic: Inside the New Branding Push

  • Jul 20, 2022
  • Avery Mullen

Fifty Atlantic Canadian startup community members travelled to the Startupfest Montreal conference last week in a bid to entice outside investors, entrepreneurs and talent to consider doing business east of the St. Lawrence.

Kathryn Lockhart, CEO

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AVF Coming Sept. 13 and 14

  • Jul 20, 2022
  • Avery Mullen

The Atlantic Venture Forum, or AVF will be held at the Halifax Marriott Harbourfront Hotel Sept. 13 and 14, marking the first time the annual summit has taken place in person since the beginning of the pandemic.

The event is organized by

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The Economist’s Bluetech Conference Draws Eyes to Halifax

  • Jul 18, 2022
  • Avery Mullen

Britain's leading global affairs magazine, The Economist, will host a bluetech conference in Halifax this October, showcasing the region's fast-growing oceans sector on the international stage.

For several months, readers of The Economist have been

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