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recent news

Cascadia Seaweed Eyes $10M Raise

  • Jan 22, 2023
  • Peter Moreira

Having refocused its business on products for farmers, Cascadia Seaweed is setting out this year to raise about $10 million to fund a bioprocessing plant and the exponential growth of its seaweed production.

The Sidney, BC-based company, which

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Smallfood Receives Food Innovation Network Investment

  • Jan 19, 2023
  • Avery Mullen

Halifax-based Smallfood is one of eight Canadian startups to receive a combined $2.5 million of funding from industry group the Canadian Food Innovation Network.

Smallfood is taking home $98,932, just seven months after the company and one of its

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Kognitiv Spark, ACOA Fund AR Lab

  • Jan 19, 2023
  • Avery Mullen

The Atlantic Canada Opportunities Agency and Kognitiv Spark, the Fredericton maker of augmented reality software, will jointly fund a new augmented reality lab at the University of New Brunswick.

Dubbed the Spatial Computing Education, Training &

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Four Atlantic Companies Receive SDTC Grants

  • Jan 18, 2023
  • Avery Mullen

Four Atlantic Canadian startups are among a group of 25 companies nationally to receive funding from Sustainable Development Technology Canada to develop cleantech or circular economy products.

The federal agency thia week announced grants of

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SMU Seeks Startups to Pitch at VCIC

  • Jan 17, 2023
  • Avery Mullen

The Sobey School of Business at Saint Mary’s University in Halifax will host this year’s Canadian edition of the Venture Capital Investment Competition on March 3 and is calling for startups to participate.

The VCIC is an international competition

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Milk Moovement Countersues Dairy LLC

  • Jan 17, 2023
  • Avery Mullen

Halifax’s Milk Moovement is embroiled in a trade secrets and antitrust legal battle in the United States with one of its competitors, Texas-based Dairy LLC.

Milk Moovement, which last summer raised a US$20 million Series A funding round, was sued

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Planet Hatch Offers Accelerator for Immigrant Entrepreneurs

  • Jan 16, 2023
  • Avery Mullen

Fredericton startup hub Planet Hatch has opened applications for its Business Immigrant Essentials Accelerator, which promises entrepreneurship training tailored to the specific needs of new Canadians.

The five-week program will offer participants

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MIMOSA CEO Cross Receives Toronto Star Nod

  • Jan 16, 2023
  • Avery Mullen

Dr. Karen Cross, the CEO of Volta resident company MIMOSA Diagnostics, has made The Toronto Star’s list of fourteen Canadian entrepreneurs to watch this year.

Cross, a native of Newfoundland and Labrador who is now based in Halifax, is a plastic

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Kraken Robotics Made $40M Revenue in 2022

  • Jan 15, 2023
  • Avery Mullen

St. John’s-based Kraken Robotics has hired a new chief technology officer in the wake of finishing its absorption of fellow Newfoundland and Labrador company PanGeo Subsea and increasing its annual revenue by more than 50 percent.

Founded by former

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Fintech Incubator Now Available to Atlantic Companies

  • Jan 12, 2023
  • Avery Mullen

Industry group Atlantic Fintech and incubator Fintech Cadence have inked a deal to make the Montreal innovation hub’s online training and support services available to East Coast startups.

The Fintech Hub, as Fintech Cadence dubs its service, is a

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Dal Innovates Seeks Collide Applicants

  • Jan 12, 2023
  • Avery Mullen

Dal Innovates has opened applications for the winter cohort of its Collide training program for budding entrepreneurs.

Aimed specifically at university students, the Collide program promises to teach participants the basics of customer discovery

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ReelData Raises US$8M

  • Jan 11, 2023
  • Avery Mullen

ReelData, the Halifax company that makes artificial intelligence for land-based aquaculture, has raised a US$8 million (C$10.7 million) Series A funding round as it looks to commercialize its second product offering next quarter.

ReelData’s first

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