recent news
Dahn, Guida To Headline NBIF’s R3
The New Brunswick Innovation Foundation has announced the keynote speakers at its R3 2020 gala will be Jeff Dahn, the NSERC/Tesla Canada Industrial Research Chair at Dalhousie University, and Vincenzo Guida, research fellow for Procter & Gamble.
H.I.G. Closes BioVectra Purchase
The American private equity group H.I.G. Capital said it has completed its US$250 million purchase of Charlottetown-based Biovectra, which makes ingredients for drugs.
The private equity fund, which has $34 billion under management, issued a
NBIF in 19 VC Deals in 2018-19
The New Brunswick Innovation Foundation increased its applied research funding about 150 percent in its most recent fiscal year, though its direct venture capital investment dropped.
The Fredericton-based innovation and venture capital group has
Passiv Eyes US with Alpaca Deal
Passiv, whose technology helps passive investors manage their portfolios, has partnered with Silicon Valley-based Alpaca, which should help the Fredericton company expand in the all-important U.S. market.
Alpaca is a stock brokerage that operates
Startup Failures & Zombies in 2018
When we produce our annual Atlantic Canada Startup Data report, there are two sets of statistics that people usually find interesting because they're stark reminders of the perils of entrepreneurship: zombies and failures.
We found that 66 Atlantic
Startup Data Presentation at Volta
If you’re in Halifax on Nov. 27 and are interested in learning about The State of the Startup Community, go to Volta at noon.
I will be presenting our 2018 Atlantic Canadian Startup Data report in a Lunch and Learn presentation at Volta. You can
Cove Kombucha Backed by $1.2M
Halifax-based Cove Kombucha has closed a $1.2 million equity funding round, which the maker of healthy drinks hopes will go toward upgrading its facility, increasing production and reaching new markets.
The company said in a press release last week
32 Named to Propel’s Incite Phase 2
Propel has named 32 companies to Phase 2 of its Incite program – its biggest intake yet in the virtual tech accelerator.
The chosen companies span Eastern Canada. Eleven companies are from Nova Scotia, nine from Newfoundland and Labrador, seven
Swarmio Plans TSX Venture Listing
Sydney-based Swarmio Media, which helps reduce lag times in video gaming, has begun the process of listing on the TSX Venture exchange and raising about $6 million in development capital.
Formerly called Ubique, Swarmio earlier this month filed
Bill Gates Backs CarbonCure in Blog
Bill Gates has thrown his support behind CarbonCure Technologies, the Nova Scotia company that is reducing carbon emissions in the production of concrete.
The Co-Founder of Microsoft on Monday posted a blog that highlighted Dartmouth-based
Women’s Fund Seeks Manager
The Atlantic Women’s Venture Fund is seeking an investment partner, someone who can identify target companies and negotiate investments for the fund expected to launch next year.
The Women’s Venture Fund is one of the most highly anticipated
Ashored in Top 3 at MassChallenge
Dartmouth-based Ashored Innovations has graduated from MassChallenge with one of the top three prizes at the international accelerator.
Ashored, which is developing fishing equipment that reduces risks to marine life, was one of two companies to
