Invest Nova Scotia spent $8.8 million across 16 venture capital deals for its 2022-2023 fiscal year, which ended last March, and dispersed just under another $6.5 million to VC funds.

With another year-end on the horizon for Invest Nova Scotia,

Spellbook, the St. John’s legal software-maker, has raised a US$20 million or about C$27 million Series A funding round after being approached by returning investor iNovia Capital with an offer late last year.

The deal, which was signed just before

Memorial University and the Ocean Startup Project have announced the 19 companies in the latest cohort of their seven-week Lab2Market Oceans program.

Part of a national group of accelerators, Lab2Market Oceans is aimed at helping academic

Saint John-based diversified technology company Mariner Partners has named its Co-Founder and Chair Gerry Pond to the new position of Chair Emeritus two decades after he helped to found the company. 

Pond has spent decades as one of Atlantic

Halifax-based Saint Mary’s University has extended the application deadline for its biggest pitching contest, formerly March Madness, now The Arena.

The month-long contest offers the best student entrepreneur a grand prize of $10,000, and is

Virtual startup accelerator Propel has announced the companies participating in its Vision and Validation program for very early-stage founders.

Nova Scotia companies have made a particularly strong showing, comprising eight of the 14 participants,

Despite short-term economic uncertainty, Newfoundland and Labrador industry group techNL is preparing for long-term growth in the sector and increasing demands on the labour force, CEO Florian Villaumé said in an interview last week.

The

The Atlantic Canada Opportunities Agency is loaning a Saint John co-working space $472,000 to fund a 12-month pilot project for a suite of new training, networking and mentorship programs for entrepreneurs in the area.

The program, called the

Rise, the Fredericton B-Crop specializing in sustainable home renovation materials, reached $3 million of revenue in its second year of sales and hit break-even.

The progress comes as Rise looks to concurrently raise $850,000 from angel investors

Halifax life sciences startup 3D BioFibR and collaborator PlantForm Corporation, headquartered in Toronto, are receiving $1.3 million from industry group Next Generation Manufacturing Canada, or NGen.

The money will fund efforts by the two

Probiotics and nutritional supplements are billion-dollar industries in Canada. A Windsor, N.S. company aims to combine them.

TheraPBios PHARMA, doing business as Bioteem40, sells a range of nutritional supplements that include both probiotics and

New Brunswick Community College has launched a program allowing public and private sector organizations to spend $25,000 for six months of work from an NBCC researcher as part of a push by the institution to promote digital readiness in industry.