recent news
Welkom-U CEO Ajibola Wins Immigrant Award
Tosin Ajibola, whose Fredericton startup Welkom-U is an online platform that aims to help foreign students acclimatize to their new surroundings, has been declared by Western Union’s Canadian Immigrant periodical to be one of Canada’s top 25 new
Sandpiper Closes SVF Fund
Sandpiper Ventures, Atlantic Canada's female-focused venture capital firm, has closed its flagship SVF fund, having raised over $20 million.
The SVF fund is the second-largest female-focused VC fund in Canada, Sandpiper said in a statement, after
Blk Women in Excellence Society Launches Pitch Competition
The Halifax-based Canadian Blk Women in Excellence Society is launching a pitch competition for black female entrepreneurs with the help of a $52,920 grant from the Atlantic Canada Opportunities Agency.
Founded in 2020, the Blk Women in Excellence
Recimply Wins Pitch & Pick
Recimply, which is developing “smart receipt” software, has won the $2,000 first prize at St. John’s-based startup hub Genesis’s Pitch & Pick competition — the culmination of its eight-week Evolution accelerator.
The company was founded by Tyler
NewAE Sold to Britain’s lowRISC
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
FACE Offers Loans to Black-Run SMEs
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
ProcedureFlow Raises $12M
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
NS to Amalgamate Innovacorp, NSBI
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.
Moffitt Bows Out at BioNova
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
NACO Reports Strong 2021 in Atlantic Canada
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
CASTL Names Etter Director of Technical Training
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
Introhive Lays Off Staff, Braces for Recession
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