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ACOA Lends 3 Firms $2.5M for AI

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recent news

Volta Ecosystem Awards This Thursday

  • Sep 19, 2022
  • Avery Mullen

Halifax startup hub Volta’s fourth annual Ecosystem Impact Awards are coming on Thursday, honouring changemakers from the region's innovation ecosystem.

Scheduled to be held from 5:30 p.m. to 7:30 p.m. at Volta’s Barrington Street workspace, the

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Enterprise Accelerator Graduates 8 Companies

  • Sep 15, 2022
  • Avery Mullen

Newfoundland and Labrador’s Genesis startup hub has graduated eight companies from its flagship Enterprise accelerator.

Enterprise targets companies looking to reach $1 million in annual revenue, and which already have a minimum viable product and

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ABK Wins FDA Approval

  • Sep 14, 2022
  • Avery Mullen

Halifax medical device maker ABK Biomedical has received approval from the United States Food and Drug Administration for its Easi-Vue embolic microspheres, which are used to treat deformed blood vessels and cancer tumours with abnormally large

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Evolution Accelerator Deadline is Oct. 3

  • Sep 14, 2022
  • Avery Mullen

Newfoundland and Labrador’s Genesis startup hub has put out a call for applications for the fall cohort of its eight-week Evolution startup accelerator, with an Oct. 3 deadline.

Genesis bills Evolution as a “pre-incubator” course meant to prepare

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The Rounds Raises $5.1M

  • Sep 13, 2022
  • Avery Mullen

The Rounds, a Halifax-based social network for medical professionals, has raised a $5.1 million seed round, bringing the company's total capital raised since its founding in 2012 to $7.8 million.

The money will go towards continued development of

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A Look at 2022 Funding So Far

  • Sep 13, 2022
  • Peter Moreira

With almost nine months in the books, 2022 is proving to be a pretty good year for funding by innovation companies in Atlantic Canada, on track for a quarter-billion dollars in equity capital.

With the announcement of a $5.1 million funding round

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Mariner, NSBI Reach $1M Payroll Rebate Deal

  • Sep 13, 2022
  • Avery Mullen

Nova Scotia Business Inc., the provincial business development agency, has signed off on a payroll rebate program for Gerry Pond’s Mariner Partners worth nearly $1 million over five years.

Mariner is the 270-person firm founded by former NBTel CEO

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Unprecedented Change in East Coast Ecosystem

  • Sep 12, 2022
  • Peter Moreira

Here’s something to ponder as we enter the busiest part of the year: we’ve never seen so much uncertainty in the Atlantic Canadian startup ecosystem as we’re seeing right now.

The ecosystem as we know it today has only been around for a little more

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L2M Oceans Unveils Cohort

  • Sep 12, 2022
  • Peter Moreira

Lab2Market’s third oceans cohort commenced Monday, boasting the program’s highest ever level of gender diversity.

Forty percent of the students attending the seven-week accelerator for research commercialization identify as female, compared to 23

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Introducing Entrevestor Live Headliners

  • Sep 11, 2022
  • Peter Moreira

We’re delighted to announce that our Entrevestor Live conference next month will be headlined by three of the hottest companies in Atlantic Canada – Milk Moovement, Shoelace Learning, and Sonrai Security.

We launched Entrevestor Live last year to

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Halifax’s Bright Raises $1.45M

  • Sep 11, 2022
  • Avery Mullen

Halifax’s Bright has raised a $1.45 million round of funding led by Halifax’s Tidal Venture Partners, building on traction from the spring and summer, CEO David Howe said in an interview.

Along with Tidal, Halifax’s Concrete Ventures and provincial

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AVF To Feature 22 Showcase Companies

  • Sep 08, 2022
  • Avery Mullen

The Atlantic Venture Forum, or AVF, has announced 22 showcase companies that will be highlighted at the event.

The AVF will be held Sept. 13 and 14 at the Halifax Marriot Harbourfront Hotel, marking the first in-person iteration of the event since

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