Tracktile raises $575K to bring operations software to manufacturing industry plagued with “expensive and legacy” tech
BDC selected the PEI startup as the first investment from its Seed Venture Fund.
New Brunswick
Armed with $782,000 CAD in pre-seed funding, MedReddie eyes new markets
Startup aims to speed up the technology procurement process for healthcare providers.
Picketa expands to help farmers in 13 US states analyze plant tissue
Picketa’s flagship offering can now analyze corn, a key crop for US farmers.
Healwell AI accelerates M&A strategy with acquisitions of VeroSource Solutions and BioPharma Services
The deals, if successful, will have a combined value of over $36 million.
Potential Motors secures $2 million to commercialize terrain-perception software for off-road vehicles
After years of R&D, Potential says it is ready to take its core tech to market.
With $7.75 million CAD, new CEO, Boston office, TrojAI looks to expand operations
Incoming CEO Lee Weiner was previously senior executive at Boston-based Rapid7 for 11 years.
New Brunswick Innovation Foundation, Opportunities NB inject $2-million top-up to Climate Impact Fund
Solutions for low-emission ocean transport and electric motors in cars among past recipients.
Potential Motors, Chinova Bioworks, Introhive feted at New Brunswick innovation awards ceremony
Nine awards handed out at the first InnovateNB awards event.
Atlantic Canadian innovation players launch new Startup Atlantic brand at Startupfest
ACOA, Propel, Volta, Ignite, Genesis, CDL, Innovacorp, Sandpiper Ventures among orgs supporting Startup Atlantic.
New Brunswick Innovation Foundation launches AI fund with support from feds
The fund seeks to accelerate AI research and adoption in New Brunswick.
Alongside acquires CareerBeacon from Brunswick News
Brunswick News is owned by the notoriously secretive Irving family.
GreenSky Capital secures $15 million in first close of Fund IV
Toronto-based venture firm GreenSky Capital recently announced the first close of its fourth fund, raising $15 million CAD…
Five Atlantic Canada startups secure investment at Volta pitch competition
Five early-stage Atlantic Canadian tech startups have been selected to receive $25,000 each, as part of Volta’s latest pitch…
Federal government extends CAN Health Network in Ontario, brings program to Atlantic Canada
The federal government is investing a cumulative $5.45 million into the CAN Health Network program. The investment is intended…
Ocean Supercluster provides collective $5.2 million to four new projects
The Atlantic Canada-based Ocean Supercluster is providing a cumulative $5.2 million to four new projects with a combined value…