recent news
Appili to Spend US$1M on Covid Drug Trials
Halifax drugmaker Appili Therapeutics has raised US$1 million from FUJIFILM Toyama Chemical Co. to pay for ongoing clinical trials of the Japanese pharma giant’s favipiravir antiviral medication, which the two companies hope will prove useful in
Union.Dev Bags ACOA, IRAP Funding
Halifax’s Union.Dev is deploying its pension-management software at a 30,000-person union in Ontario and has raised $310,000 of non-dilutive funding from NRC IRAP and the Atlantic Canada Opportunities Agency.
The company’s software, dubbed the
Collaborating to create great companies
Sponsored Content
Two years ago at the University of New Brunswick, a group of faculty, students and alumni began to toss around an idea: could artificial intelligence (AI) help regulators trace the movement of cryptocurrencies and prevent crime?
Innovacorp Books $101M on Meta Exit
Innovacorp has cashed in on its investment in Metamaterials Inc., banking a gain of $101 million and making a return of almost 35 times.
Nova Scotia’s provincial venture capital Crown corporation invested a total of $3.1 million in 2015 and 2017 in
Trip Ninja Closes
Executives at Halifax travel scheduling startup Trip Ninja are shuttering the company, citing COVID-19’s protracted effects on the travel industry, as first reported by Huddle.
Founded in 2015 by CEO Andres Collart and Developer Rob Dumont, Trip
Sparrow Raises $3.25M
After three years of stealthy research and development, Halifax’s Sparrow Biologic has raised $3.25 million in a pre-Series A funding round led by family offices Killick Capital and Klister Credit Corp., as it prepares to seek regulatory approval
CacheFlo Bags Chamber of Commerce Deal
Halifax fintech startup CacheFlo has inked a distribution agreement with the Halifax Chamber of Commerce in a move CEO Stephanie Holmes-Winton expects to pave the way for similar deals with other chambers.
In an interview, Holmes-Winton said
We’ve Reached a New Plateau in Funding
I presented our most recent startup data to a group of policymakers on Thursday, and the conclusion of the presentation demonstrated perfectly the theme of Entrevestor Live.
Entrevestor Live is a three-hour virtual conference we’re hosting on Oct.
Bounce Grows To Help 40 Startups
A year into its second iteration, Newfoundland and Labrador medtech support organization Bounce Health Innovation is working with 40 young companies, many in new programs introduced by the group.
Bounce is a few years old and in mid-2020 it
Evolution Accelerator Seeks Applicants
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 a September 22 deadline.
Genesis bills Evolution as a “pre-incubator” course meant to
Create ‘Atlantic Bubble’ for Investment: Business Luminaries
A group of Atlantic Canadian entrepreneurs and business development organizations have launched a campaign for the four Atlantic provinces to create an investment tax credit bubble that would permit out-of-province investors to qualify for credits
Proposify Raises $13M
Halifax sales software maker Proposify has raised $13 million from provincial venture capital Crown corporation Innovacorp and the Canadian Business Growth Fund -- an investment fund backed by major financial institutions, including Royal Bank of