Founder and CEO Pascal McCarthy said in an interview the company blew through the threshold of 1,000 active users and five-digit cumulative sales in 2025, driven by early adopters across research, education, and care settings.

Parados develops software that analyzes video of people in motion. The system is designed to assess gait and mobility without requiring physical contact or wearable sensors. McCarthy said the

Founded by James Stewart and Stephen Goddard in 2019, TrojAI sells cybersecurity software to guard artificial intelligence systems against having malicious code injected via training data. The company is now helmed by CEO Lee Weiner, who was appointed in 2024.

Wiz announced the new product last week, saying it’s aimed at helping organizations identify and manage risks in artificial intelligence

The platform, announced last week, is designed to provide insurers with insights into risks such as wildfire and flooding for specific properties. It also offers step-by-step guidance that homeowners can use to reduce those risks. The Fredericton-based company said the tool is intended to move insurers beyond traditional risk scoring by offering clear, tailored recommendations for improving

The Moncton-area company has secured $1 million to date and is seeking an additional $2 million in equity financing to put it in a position to begin delivering its products to customers in the coming months. The funding will support the transition from research and development into early commercial production.

Founded by CEO Dustin Bowers, PLAEX produces modular, interlocking construction blocks made from more than 90 percent recycled

At a sold-out event in Fredericton last week, Infralytics captured the first prize at breakthru, which was hosted by the New Brunswick Innovation Foundation. The company will receive a $100,000 investment from NBIF for winning the competition, and it also took home $2,500 for the Viewers’ Choice Award.

Infralytics is the product of eight years of research and development by MacLeod, who is

The J. Herbert Smith Centre for Technology, Management and Entrepreneurship hosted the competition, which handed out $3,000 for each first prize, $2,000 for second and $1,000 for third.

Seagreen, which uses seaweed to create climate-positive products that support healthier soils and stronger ecosystems, won the $3,000 first prize in the Growth category, which targets graduate students.

“Have you ever tried pitching

The federal development agency said last week it was lending about $16 million to defence companies in Newfoundland and Labrador to help develop and manufacture critical equipment and technologies, and support 115 jobs.

With more than 200 firms in the defence industry, Atlantic Canada delivers advanced shipbuilding, aircraft and engine maintenance, sonar and acoustic systems, training and simulation,

Earlier this month, the oceantech company announced the acquisition of Covelya for $615 million, and said it planned to sell $350 million of stock on the TSX Venture exchange to help finance the deal. Kraken followed up with a second statement saying its underwriters have exercised their over-allotment options, meaning there was more demand for the shares than expected. This move increases the capital raise by $52.5 million.

At Entrevestor, we put out a data report on Atlantic Canadian startups each year after surveying founders across the region. This year, we really want to capture data on first- or second-year AI companies.

We need founders/CEOs at these young companies to fill out our 10-question survey. It’s super quick, 100% confidential, and you can skip questions you’re not comfortable with. We aggregate this data so we will never reveal information specifically about your company. Just click on this image:

What we

The two runner-up awards in the competition hosted by the New Brunswick Innovation Foundation went to Urai AI Corp. and Mulli Swing Solutions.

Breakthru was NBIF’s flagship event in the 2010s, helping to steer dozens of entrepreneurs through the early stages of setting up an innovative company and finding a market. The competition faded away during the pandemic and the innovation agency is now