recent news
Chick Pick, Solyntek Receive $50K from NBIF
Two companies that graduated from the University of New Brunswick’s Energia Ventures startup program this month, Chick Pick and Solyntek, are receiving $50,000 each from the New Brunswick Innovation Foundation as part of its backing for the
NS Oyster Farm Taps Outside-the-Box Funding Partner
A Nova Scotia oyster farm is retooling its business model with the help of a novel financing method.
Sober Island Oysters is aiming to borrow $100,000 from investors on Goparity Canada, a British Columbia-based impact investing platform that lets
AVSS Wins FAA Nod
Rothesay, New Brunswick-based Aerial Vehicle Safety Solutions has won approval from the United States’ Federal Aviation Administration for its parachute systems to be used as a “means of compliance” for drone operators to meet legal requirements
Genesis CEO Michelle Simms Bows Out
Michelle Simms, the longtime CEO of Newfoundland and Labrador startup hub Genesis is stepping down from the role, she announced Tuesday.
Simms, who has worked at Genesis for 22 years and been Chief Executive since 2016, said in a social media post
PolyUnity Renews Ottawa Children’s Hospital Contract
PolyUnity has signed a five-year deal with the Ottawa-based Children’s Hospital of Eastern Ontario, or CHEO, building on a 2022 and 2023 trial that saw 460 damaged pieces of equipment repaired with the St. John’s startup’s 3D printing technology.
Kraken Posts Record Revenue Once More
For the second quarter in a row, St. John’s-based Kraken Robotics has posted record revenue figures, revealing it brought in $28 million for the three months ended Dec. 31, a 218 percent increase over the same quarter the year prior.
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CDL Atlantic Open for Applications
Creative Destruction Lab Atlantic is looking for applicants for its two programs for the 2024-2025 season.
The Atlantic Canadian branch of the Toronto-based organization operates two programs each winter: the Prime Stream, which is open to
Clean Valley Plans “Hardware-as-a-Service” Model
When Halifax’s Clean Valley CIC closes its current funding round, it hopes to have $1.5 million to help pay for up-front production costs as it looks to transition to a “hardware-as-a-service” revenue model.
“Instead of having our customer pay a
AVF Seeks Presenting Companies
The Atlantic Venture Forum, the annual conference for Atlantic Canadian startups, is looking for companies to pitch at the event in Halifax in June.
The AVF, which will be held at the city's Convention Centre on June 5 and 6, aims to attract
DOT Moves to Larger Manufacturing Space
Dartmouth Ocean Technologies, or DOT, has moved into new office and manufacturing space on Brownlow Avenue in Dartmouth, as CEO Arnold Furlong looks to scale the company in response to strong demand for its environmental DNA monitoring tech.
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Tribe to Host Pitch Competition
Halifax-based Tribe Network will host a pitch competition, dubbed Innovate and Elevate, for Black founders from across Atlantic Canada on May 23.
Shortlisted entrepreneurs will deliver three-minute pitches with the help of six-slide pitch decks,
Özge Yeloğlu Named Propel Chair
Virtual startup accelerator Propel has a new Chair, CIBC executive Özge Yeloğlu, along with three new board members.
Yeloğlu, who is now CIBC’s Vice President of Advanced Analytics and AI, previously held senior roles at Microsoft and is a Founding