Saint John-based Shift Energy, which uses machine learning to control energy use in large complexes, has announced an agreement to use U.K.-based edge computing specialist IOTech’s software in its products.

Shift Energy is a subsidiary of

While later-stage companies were the stars of Atlantic Canada’s private capital market last year, their publicly traded counterparts had a rockier 2023.

Of the six publicly traded startups that were operating in Atlantic Canada last January, two

Solace Power, a Newfoundland and Labrador company that has developed a portfolio of wireless power technologies for commercial applications, has signed a partnership deal with Michigan-based automotive supply company Gentex, which is also investing

Research funding flowing to Atlantic Canadian universities fell slightly in 2023 to $454.3 million, according to data from business intelligence and consulting company Research InfoSource, down from $468.2 million the year prior.

The funding tally

Genesis, the Newfoundland and Labrador startup hub, is looking for applicants to the Winter 2024 cohort of its eight-week Evolution accelerator, which will start in February.

Genesis bills Evolution as a “pre-incubator” course meant to prepare

With the Atlantic Canadian startup ecosystem expanding its support infrastructure for female founders and their participation in the innovation economy increasing, a related trend may be starting to emerge: that of more women taking on the chief

Halifax advanced materials-maker Meta Materials has agreed to settle two class action lawsuits from shareholders in the United States for a combined $3 million.

The suits, one federal and one in Nevada, alleged that Meta had misled investors about

St. John’s-based Trophi.ai has received $548,000 of funding from the Newfoundland and Labrador government to help de-risk commercialization of its artificial intelligence-based coaching software for auto-racing simulators and other video games.

The

Increasing startup failures, a divided venture capital market, the rise of artificial intelligence and the shaky future of federal funding apparatus Sustainable Development Technology Canada are among the stories we will follow closely in 2024.

For

Today, we’re posting our final articles for 2023 as we begin our annual end-of-year holiday.

We’re putting down the phones and shutting down the laptops for a few days, as we do every year at this time. We will begin reporting news again on Jan. 3.

The holiday season could soon be a little safer thanks to St. John’s-based LadderSpike.

Founded by Jordan Spencer and Dale Kean, the company has developed a footing system for ladders that drives spikes into the ground for improved stability.

The

Fredericton’s Potential Motors has inked a testing deal with Minnesota-based CFMOTO Powersports, which sells ATVs and other off-road vehicles, to integrate Potential’s vehicle control software into CFMOTO’s vehicles.

The companies said in a