recent news
Planet Hatch Readies Entrepreneurship Training
Fredericton Entrepreneurship hub Planet Hatch has bagged $164,000 in federal funding to expand its job training service, the Future of Work Skills Program.
The money will be provided by the federal government’s Future Skills Centre, which was
Swarmio Listing Spurred by Venture Gap
When video game technology company Swarmio Media filed a prospectus last month to go public on the Canadian Securities Exchange, it bucked convention by tapping public markets at a much earlier stage than most companies.
Now, CEO Vijai
Swarmio Going Public on CSE
Video game technology company Swarmio Media, which has offices in Halifax, Sydney and the Toronto area, is preparing to go public on the Canadian Securities Exchange in a deal that will raise about $5 million.
The listing represents a pivot from
PEI Bio Sector Aims for 4X Growth
The PEI BioAlliance has released its 2021-25 Strategic Plan, setting in motion its plan to almost quadruple private sector revenue in the Island’s bioscience cluster to $1 billion within nine years.
Now 16 years old, the BioAlliance is a
NS To Cut Regulation in Business
The Nova Scotia government’s Economic Growth Council has issued its first set of recommendations, which focus on reducing the regulatory burden and treating housing as a strategic growth sector.
The provincial government released the 16
Meta Readies Commercial Plant for 2022
Metamaterial Inc., the Dartmouth-based advanced materials developer that last week became Atlantic Canada’s first publicly traded unicorn, said on an investor call Tuesday that it expects to complete its first commercial production facility in the
CDL Oceans Graduates 12 Startups
Twelve companies have graduated from the first cohort of Creative Destruction Lab Oceans, meaning a total of 17 oceantech startups have now graduated from the accelerator.
While the Atlantic Canadian CDL group previously accepted oceantech
Side Door Closes US$3M Round
Side Door, the Halifax startup that arranges performances at unconventional venues, has closed an equity funding round of US$3 million (C$3.7 million), with which it hopes to increase its presence in the U.S.
Entrepreneurs Laura Simpson and Dan
3D Planeta Raises $1M-Plus
Fredericton geomapping startup 3D Planeta has raised just over $1 million in equity investment in a two-stage seed round, with a third stage planned to bring the total to $1.25 million in the coming months.
The company is building software for
BioInnovation Challenge Seeks Entrants
Life sciences industry group BioNova is looking for startups to compete in its annual BioInnovation Challenge, which will be held virtually again this year and offer a $55,000 prize of funding and in-kind services.
Now in its eleventh year, the
Female-Led Firms Under-Funded
Atlantic Canada looks set to post a banner year for startup funding, but one category of company represents a well of untapped potential: those led by women.
Companies with women in their c-suites are not only underrepresented in the innovation
The Emergence of Mega-Rounds
Atlantic Canadian startups are on track to raise more than $800 million in equity capital this year, buoyed by eight- and nine-figure deals from a new breed of super-elite companies.
When Dartmouth-based advanced-materials-maker Metamaterial