recent news
Data Report Reveals Funding Concerns Despite Strong Growth
The Atlantic Canadian startup community set records for new companies, employment, and funding in 2019, but also experienced a worrying downturn in smaller financing deals.
Those are the highlights of our 2019 Atlantic Canada Startup Data report,
Clean Catch Wins AquaHacking
Halifax-based Clean Catch Baits, which plans to have its environmentally friendly fishing lures on the market next spring, has won $23,000 in the first AquaHacking Challenge held in Atlantic Canada.
The company, which formed at Saint Mary’s
Prospre Wins Summer Showdown
St. John’s-based Prospre, whose app helps people plan nutritious meals, has won Propel’s Startup Summer Showdown, claiming the grand prize of $10,000 and in-kind services.
The company, which received the $15,000 second prize in Memorial
Kinduct Acquired by mCube
Halifax-based sportstech company Kinduct has exited.
The company announced today it has been sold to mCube, a Silicon Valley company that produces the world’s smallest sensors, for an undisclosed price. Kinduct, whose platform provides customized
Meta Gains Nasdaq Listing in Merger
Metamaterial Inc. has agreed to merge with an American company that will provide it with a listing on the Nasdaq stock exchange and at least US$10 million (C$13.3 million) in new financing.
The Dartmouth company, which makes products from manmade
OSC’s Indigenous Career Project
Canada’s Ocean Supercluster and several First Nations community partners have launched a new program to help Indigenous workers find job placements in the ocean economy.
The Supercluster on Monday announced the launch of the Indigenous Career Pivot
GoodLeaf’s Guelph Farm Fully Operational
A 4,000-square-metre indoor vertical farm operated by Nova Scotia and Ontario-based GoodLeaf Farms is now fully operational in Guelph, Ontario.
The farm is fully automated and equipped to grow microgreens and baby greens 365 days a year without the
REDspace Celebrates 20 Years
Though the pandemic has made REDspace’s 20th year a strange time, CEO Mike Johnston believes his company is well positioned to thrive as the economy improves.
The Bedford, NS, software development company, which celebrated its 20th anniversary last
Join Our Data Presentation Thursday
There are just a few days left to sign up for the virtual presentation of our 2019 Atlantic Canada Startup Data report, which will take place at noon on Thursday.
We've teamed up with Volta for this presentation. We had been planning to do an
ESCF Open for Fall Submissions
Researchers engaged in IT, life sciences, cleantech, oceantech, and other technologies are invited to apply to Innovacorp’s Early Stage Commercialization Fund, which provides up to $50,000 per project for post-secondary researchers to move their
Amazon, Breakthrough Lead CarbonCure Round
Dartmouth-based CarbonCure Technologies has raised a fresh round of funding led by Amazon and Breakthrough Energy Ventures, and CEO Robert Niven believes it’s the biggest cleantech financing round in Canada this year.
The announcement of the major
DMF’s Anesthesia Membrane Approved
Halifax-based DMF Medical has received a Class II medical device license from Health Canada to sell its memsorb carbon dioxide filtration device.
Memsorb is a next generation CO2 removal system for general anesthesia. The product is designed to