recent news
Outcast Expands with NSBI Rebate
Halifax-based Outcast Foods is increasing its production of upcycled food products with the support of a $500,000 rebate from Nova Scotia Business Inc.
Outcast, which calls itself the global leader in scalable food waste reduction, will use the
Earth Day 2021 Sees Cleantech Taking Root
With humanity facing enormous environmental challenges such as rising temperatures and pollution from micro-plastics, cleantech is an increasingly important sector globally.
Atlantic Canada is no different, and the region has been nurturing some
Carnegie Acquires Zorbit’s Math
Zorbit’s Math, a St. John’s-based provider of educational software, has been acquired by Carnegie Learning of Pittsburgh for an undisclosed price.
Under the deal, which the parties announced Tuesday, Zorbit will become Carnegie’s Canadian office
“Tech for good” Startups Join Venn Garage
Seven early-stage New Brunswick startups that use technology for social good have made the province's Venn Garage incubator program. Problems addressed range from reducing the impact of Covid on local businesses to bringing safe and reliable
Cape Privacy Raises US$20M
Cape Privacy, which provides machine learning solutions for encrypted data, has raised US$20 million (C$25 million) to help develop its platform and find more clients in financial services and other markets.
The broadly subscribed funding round was
Breakthru Newcomer Seeks Applicants
Planet Hatch and the New Brunswick Innovation Foundation have opened applications for the Breakthru-Newcomer competition for startups founded by recent immigrants and international students.
The competition will comprise two streams – newcomer
Millennia Tea Selling Across Canada
Millennia Tea has expanded its relationship with Sobeys so its frozen tea product, which is rich in antioxidants, is now available in the supermarket chain’s outlets across the country.
The Saint John company began selling in 10 Sobeys stores in
TechImpact Expands IT Upgrade Program
TechImpact is expanding its Digital Boost program, which helps New Brunswick companies upgrade their digital capabilities so they can compete more effectively.
The information technology association, which is based in New Brunswick, announced last
CarbonCure Wins Carbon XPRIZE
Halifax’s CarbonCure Technologies is a co-winner of the US$20 million NRG COSIA Carbon XPRIZE, a five-year competition to find the world’s best products that use carbon dioxide.
As one of two winners, CarbonCure will receive a prize of US$7.5
S2G Backs ReelData with $2.5M
Halifax-based ReelData has closed a $2.5 million funding round provided by S2G Ventures' Ocean and Seafood Fund, which will help it scale its artificial intelligence product for land-based aquaculture.
Land-based aquaculture is an embryonic form of
Two NB Execs Make Canada’s Clean50
Amit Virmani, Founder and CEO of Fredericton-based Naveco Power, along with Ryan Mitchell, Vice-President and CDO of Saint John Energy, have made Canada’s Clean50 leaders for 2021.
The Clean50 awards are announced annually by Delta Management Group
Halifax Opening Living Lab for Ports
The Halifax Port Authority is boosting the region’s growing oceans ecosystem with its Living Lab, designed to be a global centre for collaboration on maritime innovation, especially as it pertains to the port industry.
The PIER (Port Innovation,