recent news
A Look at Recent NB Startup Data
It would have been difficult for New Brunswick in 2019 to outdo its performance of 2018, especially in terms of funding.
The province in 2018 generated $84.7 million in equity funding, including three investment rounds worth more than $10 million
Kraken Sense Eyes Move to NS
As it proceeds through the prestigious IndieBio accelerator, Kraken Sense is also working on moving its headquarters from Mississauga, Ont., to Sydney, Cape Breton.
Kraken has developed a culture-based test that tells food producers and water
SimplyCast Aids Contact Tracing
SimplyCast, a Dartmouth-based automated marketing company, has launched a new solution to help businesses offer contact tracing services during the pandemic.
The company issued a statement last week saying the new mobile solution will help small
3Q VC Funding Rises on East Coast
Atlantic Canadian startups are on track to raise more than $100 million in equity financing this year now that the Canadian Venture Capital and Private Equity Association said the region attracted $79 million in venture capital in the first three
CyberNB Signs Deal with Ukraine
CyberNB, the New Brunswick group that promotes cybersecurity, has signed a multi-year agreement with Ukraine, which will help its partners bid for work in the country.
CyberNB is a non-profit that coordinates industry, government, and academia to
Job Posting: Venture Manager at CDL
Our Job of the Week column today features an opening for a Venture Manager at the Creative Destruction Lab Atlantic in Halifax, and the deadline to apply is end-of-day Monday.
The CDL Atlantic, housed at the Rowe School of Business at Dalhousie
Five Winners at Volta Cohort
Five early-stage startups -- three of them from outside Nova Scotia -- received $25,000 each in equity funding from the Volta Cohort Pitch Event on Wednesday.
This marks the seventh time that Volta Cohort has staged a pitching event to provide seed
Big Tech Boosts CarbonCure
CarbonCure Technologies believes it can accelerate its plans to reduce carbon in the atmosphere because of an unexpected entrant this year into the fight against climate change – Big Tech.
The world’s biggest technology companies in 2020 launched
Ocean Supercluster Unveils Youth Program
Canada’s Ocean Supercluster announced Wednesday a new program to help young people across the country to find employment and pursue careers in the ocean economy.
The total cost of the new program, called the Blue Futures Pathways Project, is $2.4
Improving Healthcare with an ‘Anti-freeze Protein’
A group of Dalhousie University scientists is working with an Ohio biotech company on using a molecule found in Arctic fish to prolong the life of human cells.
The company, Marietta, Ohio-based ProtoKinetix, has isolated and patented a molecule it
Appili Begins Phase 3 Trials
Health Canada has approved Appili Therapeutics’ application to begin Phase 3 trials for tablets that should help prevent COVID-19 in people exposed to the disease.
The Halifax-based drug discovery company issued a statement Tuesday saying it had
ACOA Backs Maritime Gourmet Mushrooms
Maritime Gourmet Mushrooms of Herring Cove, Nova Scotia, has received a $200,000 loan from the Atlantic Canada Opportunities Agency to meet the growing demand for its exotic varieties of mushrooms.
The company was established in 2014 and began