Celebrating alumni wins in 2018

congrats alumni

This year was a big one for our alumni companies.  We’re taking some time to congratulate some of our alumni who conquered big feats in 2018.  We know a lot of hard work went into achieving these milestones and can’t wait to see what’s to come in 2019.    

 

Colab

Colab Software Raises $600,000- Entrevestor         

St. John’s-based CoLab Software said Monday it has closed a $600,000 financing round from Pelorus Venture CapitalKillick Capital, and Panache Ventures.  Read more on Entrevestor

                       

Cyno               

Cyno Plans Soft Launch This Week - Entrevestor

After raising $450,000 from specialist angels who can help the company, St. John’s-based Cyno this week is planning the soft launch of its digital platform for physiotherapy clinics. Read more on Entrevestor.

 

           

Eigen Innovations

Eigen Raises $3.5M Led by Globalive - Entrevestor

Fredericton-based Internet of Things company Eigen Innovations has closed a $3.5 million round of funding, led by Toronto-based tech specialist Globalive Technology.  Read more on Entrevestor.

 

                       

Garago
P.E.I. tech companies get seed capital from public-private group

Island Capital Partners announces seed stage investments in two more P.E.I. technology companies.  Read more on CBC.ca

 

MESH/diversity (formerly Enkidu)

Enkidu gets a new name : Welcome to MESH/diversity

Giving something a name is a tricky endeavour…while, Enkidu was a good name, it never quite set the tone that we wanted.  It never really told the tale of what and who we are.  It’s time for chance.  Read more here.

           

Mysa  

Mysa Raises $2M-Plus in 2nd Round - Entrevestor
St. John’s-based Mysa Smart Thermostats has closed an equity funding round worth more than $2 million, enlisting investors from across the country to fund further sales of its energy-saving devices.  Read more on Entrevestor

 

Resson

Fredericton’s Resson Pulls in 14-Million Investment Led By Indian Conglomerate - HUDDLE

Resson, a New Brunswick-based predictive analytics company for the agricultural industry, announced a $14 million Series C round of financing on Tuesday.  Read more on Huddle.

                       

 

Securicy

In Techstars, Securicy Unveils Product - Entrevestor

Securicy, the Cape Breton company that helps SMEs implement cybersecurity plans, has been accepted into TechStars Boston as it launches its first product, Policy Builder.  Read more on Entrevestor.

 

                       

Side Door, Swell Advantage, Swept

Innovacorp Invested $7.93M in 2017-18 - Entrevestor

The Nova Scotia First Fund, the venture capital fund administered by Innovacorp, invested just over $7.9 million in the year ended March 31, 2018, compared with $8.6 million the previous year.  Read more on Entrevestor.  

 

                       

SimpTek Technologies

As Sales Grow to $1-Million, Fredericton’s SimpTek Lands More Investment - Entrevestor

 

After changing the direction of its business last year, Fredericton’s SimpTek Technologies is accelerating its growth, having booked almost $1 million in sales and on the cusp of raising $1.9 million in capital.  Read more on Entrevestor.

 

SomaDetect

This has been an amazing year for SomaDetect.  From winning a $1-million prize to closing an investment round and implementing new technology.  To follow their journey, read these articles on Huddle.  

  

Trip Ninja       

Trip Ninja changes how travelers book multi-destination flights

Trip Ninja pivoted three times since its founding in 2014. But the Halifax-based startup finally launched FlexTrip, in June 2017, followed by FareStructure, this past February.  Read more on Phocus Wire.

 

 

Ecosystem:
Colab Software
Propel Alumni

Complex Designs. Simple Reviews. Integrated Issue Tracking.

Cyno
Propel Alumni

Cyno is a Telephysio platform that focuses on providing secure and encrypted virtual communication between clients and pro

Eigen Innovations
Propel Alumni

Eigen is an AI enabled IoT Software company that focuses on making factories of the future a reality today.

Garago
Propel Alumni

Our software is designed to simplify the communication process between citizens and their municipalities.

Mysa
Propel Alumni

The only Smart Thermostat that lets you take full control of your electric heat.

Resson
Propel Alumni

Resson combines the latest advancements in computer vision, machine learning and big data analytics to provide growers wit

Securicy
Propel Alumni

An Information Security Company with a web-based system to build information security policies, procedures and in

Side Door Access
Propel Alumni

Side Door is a startup in BETA phase.

Swell Advantage
Propel Alumni

Swell Advantage is modern marina management software with a fully integrated community and customer relationship managemen

Swept
Propel Alumni

Janitorial Software that Fuels Growth while Saving You Time & Money

SimpTek
Propel Alumni

Simplified energy management to make buildings work better

SomaDetect
Propel Alumni

SomaDetect’s mission is to provide dairy farmers with the information they need to produce the highest quality milk with t

Trip Ninja
Propel Alumni

Trip Ninja is a travel technology company.

MESH/diversity (formerly Enkidu)
Propel Alumni

Closing the GAP in Diversity and Inclusion with science, data and proven outcomes to make real change happen.