recent news
BioVectra on Track for $1B in Revenue: Communitech
Charlottetown’s BioVectra, which manufactures pharmaceutical ingredients and is owned by Miami-based private equity firm H.I.G. Capital, has been included in Waterloo incubator Communitech’s inaugural Team True North list of startups that are on
Atlantic Canada Passed Over in Startup Genome Rankings
For the third year in a row, Atlantic Canada has failed to rank among the world’s top 100 emerging startup ecosystems in The Global Startup Ecosystem Report from Startup Genome, the Silicon Valley group that assesses innovation communities.
Startup
Lazaridis Institute Seeks Scale-ups
The Lazaridis Institute at Wilfrid Laurier University in Waterloo is looking for 10 companies to join its next cohort of the Lazaridis ScaleUp program, which helps promising Canadian companies to increase their revenues.
Through the program,
Data Shows Two-Tier Startup Community
A troubling divergence has developed in the Atlantic Canadian startup community as early-stage companies have difficulty launching even as their elder comrades grow rapidly.
This is the main conclusion of the 2021 Atlantic Canada Startup Data
Verschuren Centre Receives $2M from ACOA
With one of only three bioreactors in Canada, Sydney’s Verschuren Centre, which helps cleantech companies develop sustainable technologies and bring them to market, has received funds to expand its lab facility and increase its bioreactor capacity
Verafin Reaches 900 Employees
Cybersecurity company Verafin, which became the most valuable startup in Atlantic Canadian history when it exited to Nasdaq in 2021 for US$2.75 billion, is continuing to grow its staff in its home city of St. John’s, reaching 900 employees last
OnDeck, PhyCo Win Idea Challenge
British Columbian startups OnDeck Fisheries AI and PhyCo have been awarded $10,000 each as part of the Ocean Startup Project’s first-ever Ocean Idea Challenge competition.
The Ocean Startup Project, which encourages the launch and development of
Startup Data Report Drops Tuesday
Entrevestor will launch our 2021 Startup Data Report on Tuesday, revealing the results of our annual startup survey in a live event at Halifax innovation hub Volta.
Our report is the benchmark source of data about the Atlantic Canadian startup
Breathe Halfway in $5M Raise
Moncton medtech startup Breathe BioMedical is halfway through a $5 million funding round, with soft commitments for more.
CEO Steve Graham said in an interview that of the $2.5 million Breathe has raised so far, about 80 percent has been drawn from
Parados’s McCarthy Wins Mitacs Award
Pascal McCarthy, CEO of Fredericton-based Parados Cerebral Solutions, is one of five Canadian businesspeople to win this year’s Mitacs Entrepreneur Awards.
McCarthy won the National Change-Agent Entrepreneur title. His company is developing a
Self-Driving Ship Makes Unplanned Stop at COVE
As we celebrate World Ocean Day, Dartmouth celebrates the arrival of an autonomous ship.
Dartmouth’s Centre for Ocean Ventures and Entrepreneurship has an unusual and unplanned visitor: the Mayflower Autonomous Ship, which is recreating the 1620
Focus FS, Dräger Target Ontario Mines
Focus FS, a St. John's-based workplace safety software maker, has deepened its partnership with German safety company Dräger to help increase sales in the Ontario mining market.
Focus FS announced Tuesday that it would partner with Dräger Canada