recent news
Tranquility Helps Anchor Green Shield’s Atlantic Push
A year and a half after its sale to Green Shield Canada, Halifax-based virtual therapy specialist Tranquility Online is helping to anchor an expansion push into Atlantic Canada by the health insurance giant.
Joel Muise, who co-founded Tranquility
Profitual Raises $1.2M
A pair of former New Brunswick Innovation Foundation investors, Raymond Fitzpatrick and Daniel Hoyles, have left the organization to found financial intelligence startup Profitual and close a nearly $1.2 million funding round.
Fitzpatrick was the
Genesis Announces Pitch & Pick Companies
St. John’s startup hub Genesis has announced the six teams that will vie for a $2,000 prize at this week’s Pitch & Pick competition.
There will also be a $1,000 second prize and a $500 Community Choice Award.
The Pitch & Pick events are held
Bluetech: Invest NS Announces OceanTech Pilot Program
Invest Nova Scotia has announced the first six startups participating in its OceanTech Pilot Program, which gives early-stage bluetech companies the chance to test their pre-commercialization products.
The participating companies will split $50,000
Energia Demo Day Dec. 13
The University of New Brunswick’s Energia Ventures startup accelerator will hold its second demo day of 2022 on Dec. 13, showcasing a roster of five companies from three countries.
Energia is hosted by the University of New Brunswick’s Technology,
Audyse Readies for Funding Round
St. John's-based Audyse Technology is working on finalizing a noise-cancelling algorithm to protect motorcyclists’ hearing as it prepares to raise a funding round early next year.
Audyse is developing a noice-cancelling headset that will protect
NBIF Invested $5M in VC in 2021-22
The New Brunswick Innovation Foundation invested $4.98 million in equity funding for the province's startups in its 2021-2022 fiscal year, in what it said was a record fundraising year for its portfolio companies.
NBIF’s venture capital investments
ABK Raises US$30M
Halifax medical device maker ABK Biomedical has closed a US$30 million, or about C$40.9 million Series C funding round, marking one of the largest capital raises in Atlantic Canada so far this year.
The round was co-led by two new investors:
CareerBeacon Readies Live Event
Moncton-based online recruitment and talent management website CareerBeacon has announced that it will present a live event in Halifax in May called MoveFwd, which will focus on leadership and management strategy.
Slated to be held at Pier 21 on
Hollo, PragmaClin Headed to Entrepreneurship World Cup
Halifax-based Hollo Medical and PragmaClin Research of St. John’s will represent Canada at the global finals of the Entrepreneurship World Cup in the early stage and ideation stage categories, respectively.
Three of the seven Canadian finalists
Clean Leadership Seeks Summer Employers
Halifax-based Clean Leadership Summer Internship Program is seeking employers to offer summer employment to youth interested in a career in the green economy.
The group’s summer program matches employers with interns (age 15-30) for 9 to 15-week
Densitas, Nuance Precision Imaging Sign Deal
Halifax medical imaging startup Densitas has signed a deal to incorporate its technology into the Nuance Precision Imaging Network — an American cloud storage and artificial intelligence platform for medical imaging — making it accessible to about