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 Software Raises $600,000- 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 Raises $3.5M Led by Globalive - Entrevestor
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 change. Read more here.
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
, 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.
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.
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.
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 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.