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recent news

Pelorus Mulls Raising 2nd Fund

  • Jun 10, 2019
  • Peter Moreira

With its Newfoundland and Labrador-focused fund performing better than expected, Pelorus Venture Capital is talking about raising a second fund.

Four years ago, the Atlantic Canadian investment group began to manage the Venture NL fund, which makes

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NBIF Backs TurboPlay with $200K

  • Jun 10, 2019
  • Peter Moreira

TurboPlay, a Fredericton company building a customized marketplace for indie games, has raised $200,000 from the New Brunswick Innovation Foundation as part of an initial funding round.

NBIF issued a press release on Monday outlining its

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Volta Presents 5 Ecosystem Awards

  • Jun 09, 2019
  • Peter Moreira

Volta presented Ecosystem Impact Awards to five companies or organizations Thursday to acknowledge their contributions to nurturing startups in Atlantic Canada.

The Halifax startup hub initiated the awards this year to recognize groups that had

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Jobs: Remsoft, Springboard Atlantic

  • Jun 09, 2019
  • Peter Moreira

Our Job of the Week column today showcases two openings at Remsoft in Fredericton and one at Springboard Atlantic in Atlantic Canada.

Remsoft, a predictive analytics software company, helps its clients in the forest industry increase land value by

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Carman Wins 100 Seed$ Event

  • Jun 07, 2019
  • Avery Mullen

The winner of the 100 Entrepreneurs Planting Seed$ pitching competition plans to use the prize money to help improve modern farming methods in rural Nova Scotia.

Thian Carman is the owner of Meadow’s Brothers’ Farms, which purchases or leases

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VineView Eyes $10M A Round

  • Jun 06, 2019
  • Peter Moreira

With a new CTO on board and revenues expected to hit $1 million this year, Bedford-based VineView is on the hunt for capital, hoping to close a $10 million funding round near the end of the year.

VineView uses aerial images to assess the health and

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Kognitiv Named in Microsoft Awards

  • Jun 06, 2019
  • Peter Moreira

Kognitiv Spark on Thursday said it was named a finalist in the 2019 Microsoft Mixed Reality Partner of the Year Award.

The Fredericton company, which uses augmented reality and mixed reality to assist remote workers using complicated equipment, was

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Ali Ghorbani: NB’s Serial Entrepreneur-Academic

  • Jun 05, 2019
  • Peter Moreira

As a driving force behind the Canadian Institute for Cybersecurity and the private company Eyesover,  Ali Ghorbani’s résumé is an impressive document – and he’s not finished adding to it.

Before serving as the founding director of the

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Mysa Raises $2.3M Equity Round

  • Jun 05, 2019
  • Peter Moreira

St. John’s-based Mysa Smart Thermostats has closed a $2.3 million equity funding round, which it plans to use to launch new products and expand sales.

Co-Founder and CEO Joshua Green said in an interview that the funding follows on from a $1.5

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Deloitte Buys Blue Spurs Consulting

  • Jun 04, 2019
  • Peter Moreira

The global consultancy Deloitte is acquiring Fredericton-based Blue Spurs Consulting to enhance its capabilities in cloud-based technologies and increase its presence in Atlantic Canada.

Deloitte issued a statement on Tuesday saying it would

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Startup NB Hosts a Week of Events

  • Jun 04, 2019
  • Peter Moreira

Startup New Brunswick, the umbrella group for startups in the province, is hosting a series of events in the next week to celebrate entrepreneurship in New Brunswick and across the region.

On Wednesday, Startup NB is hosting the inaugural Startup

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Tieos Pitching at BIO2019

  • Jun 04, 2019
  • Carol Moreira

Tieӧs Pharmaceuticals, a bioscience company based in Moncton, has been chosen by national industry association BIOTECanada as one of four competitors in the Coast to Coast Competition to be held at the 2019 BIO International Convention and Trade

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