Four companies join Volta Labs residency program, receive $50,000 in services

volta labs

A new group of companies has joined Halifax-based Volta Labs’ Residency Program, which provides young startups with coworking space and access to resources to grow their businesses.

“Having a diverse community of founders, including those who do leading edge work in areas such as blockchain and hardware…is a base to build Halifax’s innovation district.”

The companies include Peer Ledger, a blockchain company that specializes in blockchain products for the healthcare, and metal and minerals sectors; Deprolabs Technology, which designs and develops smart electronic devices in the domain of Internet of Things (IoT) and home automation systems; CogPro Cognitive Prosthetics, which focuses on building smart household electrical appliances such as telephones and thermostats for people with Alzheimer’s disease and their caregivers; and Swell Advantage, which is returning to Volta as a resident and focuses on developing deep analytics and automation tools for marinas, boat clubs, and waterfronts.

“Joining Volta as part of the vibrant Nova Scotia startup community is the next growth step in our company’s external-facing evolution,” said Dawn Jutla, co-founder and CEO of Peer Ledger. “We have no doubt that Volta’s community and services will help us on our journey to success.”

Volta Labs said the companies have moved their businesses into offices at Volta Labs and will be receiving over $50,000 in services, such as access to a travel program, mentorship, in-house experts, discounts and credits, and founder-focused events.

“These companies represent some of the highest potential early stage companies in the region,” said Jesse Rodgers, CEO of Volta Labs. “Having a diverse community of founders, including those who do leading edge work in areas such as blockchain and hardware, plus those with high potential SaaS solutions, is a base to build Halifax’s innovation district.”

In February 2016, Volta Labs received $500,000 in funding from the federal government. Volta Labs frequently hosts initiatives to encourage innovation in Atlantic Canada, including the Atlantic Lottery Hackathon and design workshops for teenagers. The incubator also hired Velocity and Creative Destruction Lab founding director Jesse Rodgers as its CEO.

Amira Zubairi

Amira Zubairi

Amira Zubairi is a staff writer and content creator at BetaKit with a strong interest in Canadian startup, business, and legal tech news. In her free time, Amira indulges in baking desserts, working out, and watching legal shows.