Atlantic Canada Opportunities Agency

The Atlantic Canada Opportunities Agency (ACOA) is a government institution established in 1987 and headquartered in Moncton, Canada. Its primary mission is to stimulate economic growth in Atlantic Canada by enhancing the competitiveness, innovation, and productivity of businesses. ACOA focuses on enterprise development, offering financing for business start-ups, modernizations, and expansions, while also working with communities to foster local economic growth and improve infrastructure. Additionally, the agency plays a vital role in policy advocacy and coordination, representing the interests of the Atlantic region at the national level. Through these efforts, ACOA aims to build a stronger, more diversified economy in Atlantic Canada.

Gudie Hutchings

Minister of Rural Economic Development and Minister responsible

139 past transactions

SimplyCast

Debt Financing in 2025
SimplyCast offers a multi-channel marketing platform serving global organizations. Its key product, the 360 Automation Manager, enables automated, personalized communication across email, SMS, social media, and other channels. The company caters to diverse sectors including marketing/advertising, finance, education, real estate, and government.

EcoMarine Technologies

Grant in 2025
EcoMarine Technologies specializes in underwater surface cleaning, utilizing remotely operated vehicles equipped with non-magnetic technology and touchless cavitating jets. Their platform effectively removes biofouling and invasive species, maintaining vessel efficiency and safeguarding local ecosystems, thereby serving maritime industries.

Farnell Packaging

Grant in 2025
Farnell Packaging is a package manufacturing firm that provides product development, branding, logistics and warehousing systems.

SimplyCast

Grant in 2025
SimplyCast offers a multi-channel marketing platform serving global organizations. Its key product, the 360 Automation Manager, enables automated, personalized communication across email, SMS, social media, and other channels. The company caters to diverse sectors including marketing/advertising, finance, education, real estate, and government.

Eosense

Grant in 2025
Eosense designs and builds weatherproof gas monitoring instruments for soil gas flux research, delivering portable tools capable of measuring concentration and flux of greenhouse gases such as carbon dioxide and methane in challenging environments including soil, mud, shallow water, and snow. Their devices measure gas flux in both the atmosphere and the soil, enabling researchers to acquire accurate data on gas concentrations and processes such as net ecosystem exchange and trace-gas dynamics.

ConnexionWorks

Grant in 2025
ConnexionWorks provides entrepreneurs and remote workers with temporary or permanent workstations, meeting and event room hosting, and networking opportunities. It also houses Brilliant Labs, a makerspace where people can experiment with cutting-edge technology such as 3D printers, robotics, shirt printing machines, and more.

PEI IT Alliance

Grant in 2025
PEI IT's objective is to expand and develop the sector throughout the province. It works to augment IT education across the island, connect businesses, students, remote workers, and industry leaders, and function as a bridge between the industry and governments.

Cabot Cape Breton

Grant in 2025
Cabot Cape Breton is a social organization that offers golf, resorts, social events, and dining.

Sidanna Retreat

Grant in 2025
Sidanna Retreat provides vacation rentals in Nova Scotia with exquisite beachside lodgings for families and friends.

Atlas Salt

Post in 2025
Atlas Salt is a mineral exploration company focused on evaluating and developing mineral properties in Newfoundland and Labrador, Canada. Its flagship asset is the Great Atlantic Salt Deposit Project, located in the St. George's Bay basin of western Newfoundland, where the company seeks to assess and potentially develop salt and other mineral resources.

Axis Accelerator

Grant in 2025
UNB’s Axis Accelerator exists to help start-ups acquire lead growth customers, accelerate sales and raise their first rounds of financing.

Cruise Newfoundland & Labrador

Grant in 2024
Cruise Newfoundland & Labrador is an incorporated not-for-profit organization that represents the link between ports, destinations, tour operators, ship agents, and cruise lines.

Cogeco

Grant in 2024
Cogeco is a communications corporation operating primarily in Canada under the Cogeco Connexion brand, offering cable television, high-speed internet, and telephony services to residential customers. It is one of the largest cable operators in North America.

La Belle Cabane

Grant in 2024
La Belle Cabane is a healing sanctuary that promotes freedom in the forest by providing true healing spaces. Our primary purpose is to assist individuals find freedom in the forest through the fundamental feature of healing. Our interests include health and wellness, self-love, and stress management, and we provide space for mental health, emotional healing, and trauma recovery. We offer visitors a private and healing area, as well as a cultural experience, set in the woods on our lovely 40-acre tract of land in Kingston, New Brunswick on the Kingston Peninsula.

YMCA of Southwestern New Brunswick

Grant in 2024
YMCA of Southwestern New Brunswick is a charity organization that helps with schools, pre employment support and training.

Farnell Packaging

Debt Financing in 2024
Farnell Packaging is a package manufacturing firm that provides product development, branding, logistics and warehousing systems.

Hospitality Newfoundland and Labrador

Grant in 2024
Hospitality Newfoundland and Labrador is a non-profit organization that supports and develops the provincial tourism industry.

Shoelace Learning

Grant in 2024
Shoelace Learning specializes in creating educational games that foster a love for reading among students. The company's platform offers research-based, adaptive reading comprehension practice, presented in a format that is both engaging and enjoyable for children. Through multiplayer video games, Shoelace Learning captures the interests of young learners, thereby enhancing their motivation to read. The platform also equips teachers with tools to assess student progress, identify skill gaps, and devise tailored assignments. By focusing on personalized and adaptive education, Shoelace Learning aims to improve reading comprehension while providing valuable support to educators.

Milk Moovement

Debt Financing in 2024
Founded in 2018, Milk Moovement is a Canadian software company specializing in dairy supply chain management. It offers a cloud-based platform that tracks milk pick-ups, monitors production, and provides actionable intelligence to optimize processes and maximize profitability.

Sustane

Grant in 2024
Sustane is a cleantech company focused on the transformation of municipal solid waste into valuable resources. Utilizing innovative waste-transformation technology, Sustane converts solid waste streams into high-value fuels and recyclable materials. This process helps clients reduce their reliance on landfills while also addressing environmental concerns. By minimizing the costs associated with waste management, Sustane provides a sustainable solution for municipalities seeking to improve waste handling and promote environmental stewardship.

Bluedrop Training & Simulation

Debt Financing in 2024
Bluedrop Training & Simulation is always eager to discover new clients and opportunities. Please contact us if you have any questions or would like to speak with someone from our Business Development team. Bluedrop announces that it has signed a Technology Leadership Project Agreement as part of the Canadian Ocean Supercluster’s Accelerated Ocean Solutions Project to deliver its innovative Hoist Mission Training System (HMTS) for full crew Search and Rescue (SAR) helicopter mission simulation over marine environment.

Springboard Atlantic

Grant in 2024
Springboard provides strategically positioned resources to Atlantic Canadian universities and colleges alike, helping them transfer both knowledge and technology into the private sector.

Victory Advanced Technologies

Grant in 2024
Victory Advanced Technologies offers the development and manufacturing of electric motors and drive systems to clean the mobility supply chain by producing powertrain components in a sustainable way.

PomeGran

Grant in 2024
PomeGran specializes in delivering fibre-centric internet infrastructure solutions tailored for Indigenous and rural communities.

Sparrow Acoustics

Debt Financing in 2023
Sparrow Acoustics is an online source that provides diagnostic information and structural condition of the heart and lungs.

Machon’s Point Fishermen

Debt Financing in 2023
Machon’s Point Fishermen offers lobster industry supply chain services.

Superfruit Puree

Debt Financing in 2023
Superfruit puree provides a daily source of antioxidants.

Atlantic Roasted Products

Debt Financing in 2023
Atlantic Roasted Products offers Cereal Grain Marketing and Custom Grain Drying facilities.

Propel

Grant in 2023
Propel is an accelerator firm based in Moncton, Canada, established in 2004. It specializes in supporting startup and early-stage companies, particularly those in the software as a service (SaaS), mobile, and enterprise social networking sectors. Propel offers two intensive programs: Launch and Build. The Launch program is designed for pre-revenue startups, assisting entrepreneurs in validating their business ideas, developing a minimum viable product, and creating effective customer validation strategies. In contrast, the Build program targets early revenue startups that have gained initial market traction. This program emphasizes refining customer acquisition models, enhancing team dynamics, and establishing scalable business processes. Propel leverages the expertise of experienced business and technology professionals from Atlantic Canada as volunteer coaches and mentors, providing participants with valuable guidance to foster growth and success.

Allumiqs

Debt Financing in 2023
Allumiqs is a company focused on advancing biopharma and biotech research by providing innovative protein technology solutions. It develops high-throughput systems that address challenges related to throughput and complexity in the proteomics industry. By offering a simple, single-step sample preparation protocol, Allumiqs enables researchers to efficiently prepare protein samples for analysis. Its unique technology is designed to support both top-down and bottom-up proteomics, facilitating groundbreaking discoveries in the biopharmaceutical sector. With a commitment to enhancing the capabilities of researchers, Allumiqs positions itself as a valuable partner in the pursuit of scientific advancements.

B-Line

Debt Financing in 2023
B-Line is a mobility survey platform that assists environmental consultants and organizations in collecting occupant mobility data to enhance the health of building occupants and support green building certifications. By utilizing mobile devices, B-Line passively gathers users’ mobility patterns, providing real-time transportation reports that include trip details such as time, duration, distance, purpose, and mode, along with assessments of environmental and health impacts. This data enables real estate developers and property managers to better understand how individuals navigate their environments without the need for costly automated traffic counters or self-reported travel surveys. Additionally, B-Line integrates with existing building controls to optimize asset management, access control, energy management, and occupant experience across various sectors, including commercial, hospitality, and healthcare.

Daxsonics Ultrasound

Debt Financing in 2023
Daxsonics specializes in designing and manufacturing high-frequency ultrasound systems. It offers services such as piezoelectric transducer design, electronics, software development, and system integration for advanced ultrasound technologies.

Adaptiiv

Debt Financing in 2023
Adaptiiv is a healthcare technology company based in Nova Scotia, Canada, founded in 2016. It specializes in developing a software platform that enables healthcare practitioners to produce patient-specific accessories through in-house 3D printing for use in radiation therapy. The software integrates seamlessly with existing treatment planning systems, significantly reducing setup and production times. By utilizing advanced algorithms, Adaptiiv's platform facilitates the creation of customized 3D medical devices tailored to individual patient needs, thus enhancing treatment outcomes and improving the overall patient experience. This innovative approach allows healthcare providers to deliver personalized care more efficiently while minimizing reliance on specialized staff.

NovaResp Technologies

Debt Financing in 2023
NovaResp Technologies offers artificial intelligence and personalized therapy to obstructive sleep apnea patients. They use medical technology to predict and prevent obstructive sleep apnea. They provide cMAP technology, which can be installed on any positive airway pressure machine and is primarily used to predict and prevent respiratory events.

Dispersa

Debt Financing in 2023
Dispersa is a company dedicated to developing environmentally friendly biosurfactants derived from food waste. Unlike traditional surfactants that rely on palm oil or petroleum, Dispersa utilizes microbes to create surfactants that are both sustainable and circular in nature. These biosurfactants excel at dispersing oil particles by enveloping them in micelles, facilitating their breakdown and removal. By providing a sustainable alternative to synthetic and petroleum-based surfactants, Dispersa aims to enhance the sustainability and affordability of the biosurfactant market, offering industry users access to environmentally responsible products for the first time globally.

ABCO Industries

Debt Financing in 2023
ABCO Industries manufactures metal products for the food, marine, industrial, and environmental industries. They are expanding and improving our manufacturing process, incorporating automated and advanced manufacturing techniques, and supporting our people through training and education.

ReelData AI

Debt Financing in 2023
ReelData AI specializes in developing artificial intelligence software tailored for the aquaculture industry. Based in Halifax, Canada, the company offers advanced monitoring solutions for fish farms, utilizing feed cameras to measure key metrics such as biomass, sea lice presence, and overall fish health in real-time. This technology enables fish farms to optimize their operations by providing crucial insights into weight distributions, feeding patterns, and growth analysis. By improving the efficiency of feed usage and enhancing fish health, ReelData AI aims to support aquaculture businesses in maximizing their productivity and sustainability. The company was established in 2019.

Dartmouth Ocean Technologies

Debt Financing in 2023
Dartmouth Ocean Technologies is a sensor platform-based company offering sensor platforms for use in the oceans. It manufactures towed platforms, vertically profiling platforms, moored platforms, and a variety of lab-on-chip sensors.

Tacora Resources

Debt Financing in 2023
Tacora Resources Inc. is an iron ore mining and development company specializing in the extraction and processing of iron ore mineral reserves. Incorporated in 2017 and headquartered in Grand Rapids, Minnesota, Tacora focuses on acquiring and revitalizing iron ore assets primarily in Newfoundland and Labrador. The company supplies iron ore concentrate and is committed to sustainable operational practices throughout the mining process, including material transport and product sorting. Tacora aims to facilitate iron distribution across the United States and Canada, supporting the growth of clients in the metal industry.

Arolytics

Debt Financing in 2023
Arolytics is a software company specializing in emissions management and regulatory compliance for the energy sector. It offers a data management platform that enables enterprise management of methane data by aggregating and synthesizing inputs from diverse emissions sensors, automatically generating regulatory compliance reports, and suggesting actions to reduce pollution, thereby helping energy firms gain insights into methane measurements and achieve emissions reductions more efficiently.

Prosaris

Debt Financing in 2023
Prosaris develops a directional ultrasonic leak detector compatible with tablets and smartphones. Its product identifies and quantifies leaks in industrial facilities, utilizing cloud-based software for analysis and reporting to streamline leak management processes, reduce energy consumption, and minimize environmental impact.

Rayleigh Solar Tech

Debt Financing in 2023
Rayleigh Solar Tech specializes in developing perovskite solar cells to facilitate the widespread adoption of renewable solar energy. The company offers multi-junction solar cells produced on a large scale, providing clients with affordable, adaptable, and efficient solar technologies.

Deep Vision

Grant in 2023
Deep Vision specialises in developing real-time, intelligent machine perception technology. Deep Vision's unique and proprietary technology enables systems or devices to detect, recognise, and interpret objects and events, in their environment.

eSonar

Grant in 2023
eSonar is improve access to marine and subsea environmental data by applying advanced knowledge and translating that knowledge into actions.

ZeroIN

Grant in 2023
ZeroIN is a food-tech company focused on developing innovative sugar reduction technologies. The company produces natural sweeteners designed to counteract the negative effects of excessive sugar consumption. Its flagship product, Sweet Fiber, is a scalable and cost-effective sugar substitute that meets consumer demand for healthier options. By providing drop-in sugar replacements derived from natural sources, ZeroIN caters to the food, beverage, and pharmaceutical industries, helping them incorporate healthier sugar alternatives into their offerings.

ZEN Electric Bikes

Debt Financing in 2023
ZEN Electric Bikes is focused on manufacturing electric bikes designed to promote the adoption of electrified transportation. The company emphasizes the efficiency and environmental benefits of e-bikes as sustainable alternatives to traditional modes of transport. By reducing carbon footprints and supporting both mental and physical well-being, ZEN Electric Bikes aims to contribute positively to the health of the planet and its inhabitants. The company offers a variety of electric bikes in multiple colors at competitive prices, making sustainable mobility more accessible to a wider audience.

NovaResp Technologies

Debt Financing in 2023
NovaResp Technologies offers artificial intelligence and personalized therapy to obstructive sleep apnea patients. They use medical technology to predict and prevent obstructive sleep apnea. They provide cMAP technology, which can be installed on any positive airway pressure machine and is primarily used to predict and prevent respiratory events.

ClearDynamic

Debt Financing in 2023
ClearDynamic is a company specializing in an innovative glass microsphere technology aimed at providing safe, long-term, drug-free relief from joint pain, particularly in the knee. This technology involves the injection of microscopic glass microspheres into the bloodstream, which then travel to the affected area. Once there, the microspheres block pain receptors and gradually dissolve in the body, offering patients an alternative to traditional pain medications. ClearDynamic is focused on advancing its pre-clinical studies to validate this drug-free treatment and is actively working to attract key personnel and foreign investors to support its development efforts.

AGADA Biosciences

Debt Financing in 2023
AGADA Biosciences is a company focused on accelerated drug development, specializing in the orphan drug market for neuromuscular disorders. The firm offers a comprehensive suite of services, including the development of standard operating procedures, guidance on human trial design, and regulatory writing. In addition, AGADA provides expertise in biomarker method development, qualification, and validation. The company also conducts centralized preclinical drug efficacy testing and phenotyping services, particularly utilizing murine models to study conditions such as Duchenne muscular dystrophy. This specialized approach enables client companies to establish normative values and benchmarks across various murine models of neuromuscular diseases, facilitating more effective drug development processes.

PEI BioAlliance

Grant in 2022
PEI BioAlliance is a not-for-profit organization dedicated to advancing the bioscience industry in Prince Edward Island and Atlantic Canada. It plays a pivotal role in establishing the bioscience sector as a vital component of the region's economic framework. By collaborating with businesses, academic institutions, research organizations, and government agencies, PEI BioAlliance facilitates the application of new technologies and supports the identification of commercial opportunities. The organization provides acceleration and incubation services to entrepreneurs, promoting innovation and fostering the growth of the bioscience sector. Through its leadership, PEI BioAlliance aims to enhance the economic impact of bioscience in the region, ensuring its development as a key industry.

Verschuren Centre

Grant in 2022
Verschuren Centre helps cleantech companies develop sustainable technologies and bring them to market.

3D BioFibR

Debt Financing in 2022
Founded in 2020, 3D BioFibR Inc. specializes in manufacturing biomaterials, focusing on producing high-value biofibers such as spider silk, collagen, and chitosan. The company serves global markets including biomedical engineering, green textiles, defense, and aerospace engineering. Its products include 3D tissue cultures and collagen tendons for biomedical research.

Novonix

Debt Financing in 2022
Novonix is a global provider of advanced battery testing equipment, services, and synthetic graphite anode materials. It caters to the lithium-ion battery industry, serving electric vehicles, personal electronics, medical devices, and energy storage units.

Spellbook

Debt Financing in 2021
Spellbook is a legal software startup that develops an AI-powered contract drafting platform for lawyers, using large language models like GPT-4 and legal datasets to improve contracting performance. It provides automation and online collaboration tools that help draft and review contracts faster, automate document creation, streamline routine legal tasks, and manage clients' minute books in a shared workspace. The platform reduces inefficiencies in client intake and enhances service delivery for law firms by enabling faster, more consistent drafting and collaboration.

Union.dev

Grant in 2021
Union.Dev is a pension automation startup that focuses on providing a comprehensive management and benefits administration platform for unions and third-party administrators. The company's system is designed to support the growth and efficiency of unions by offering features such as structured data import for seamless migration, customizable workflows, and robust data and system testing. Union.Dev’s platform enables effective pension and membership management, training and apprenticeship tracking, compliance monitoring, and learning management. Through these capabilities, the company empowers unions to efficiently manage member benefits and compliance while facilitating workforce development.

OceanSync

Debt Financing in 2021
OceanSync is a company that specializes in developing advanced weather data gathering systems. It has created ship-based automated weather stations capable of capturing real-time environmental data from a fleet of ocean-going vessels. This innovative platform enables the collection and transfer of significant amounts of offshore weather information, allowing businesses to monitor and respond to changing weather conditions effectively. By leveraging its technology, OceanSync aims to enhance the availability and accuracy of environmental data for various applications in maritime and related industries.

Drinkable

Pre Seed Round in 2021
Drinkable is a water technology company focused on promoting water autonomy by providing individuals with the tools to assess their drinking water quality. The company has developed the world's first portable, handheld water testing device that allows users to detect contamination with a simple press of a button. This device offers an intuitive thumbs up/down display, providing immediate feedback on water safety. For a more comprehensive analysis, users can connect the device to their smartphones to access detailed contamination reports, risk profiles, and personalized treatment plans. Drinkable's innovative approach aims to empower individuals to manage their water quality and enhance awareness of potential contaminants in their drinking water.

Audioptics Medical

Debt Financing in 2021
Audioptics Medical specializes in developing medical imaging technology for the ear. It uses optical coherence tomography to study ear anatomy and diseases, enabling precise diagnosis of hearing loss.

Tenera Care

Debt Financing in 2021
Tenera Care is a technology company that specializes in real-time monitoring and analytics for senior care. Its platform integrates hardware and software solutions to enhance safety and health in care facilities. Tenera Care's offerings include a wristband and a connected application that record health data and analyze behavioral symptoms indicative of physical and mental deterioration. This cloud-based system allows families to access wellness reports and monitor the movements of their loved ones in residential care settings. Additionally, Tenera Care's platform helps detect hazardous situations, improving incident response times and creating a safer environment for residents, staff, and visitors.

Reazent

Seed Round in 2021
Reazent is an agricultural technology company focused on developing safe, natural, biologically based alternatives to agrochemicals. Founded in 2018 and based in Halifax, Canada, it seeks to replace synthetic agrochemicals with sustainable, economically viable solutions. The company develops products that support crop growth, yield, and stress resistance, addressing diseases such as bacterial soft rot, Phytophthora blight, and anthracnose in leafy fruits and vegetables, enabling farmers to improve crop health and return on investment through safer disease control and abiotic stress resilience.

DeNova

Debt Financing in 2021
DeNova is a company focused on developing technology that converts greenhouse gases into a sustainable protein source for use in aquaculture and farming. By utilizing natural bacteria, DeNova creates a scalable and environmentally friendly alternative to traditional fish meals and other animal feeds. This innovative approach not only addresses the growing demand for nutritious feed but also contributes to reducing greenhouse gas emissions, thereby promoting sustainability in food production.

Moltex Energy

Funding Round in 2021
Moltex Energy specializes in developing molten salt reactors that generate carbon-free electricity while recycling nuclear waste. Their innovative Stable Salt Reactor - Wasteburner (SSR-W) offers low upfront costs, reliable power output of 300-500 MWe per reactor, and inherent safety features suitable for various communities. Moltex's WAste To Stable Salt (WATSS) process enables fuel recycling from nuclear waste, minimizing environmental impact. Additionally, their GridReserve technology allows energy storage as heat for dispatch during peak demand, complementing intermittent renewable sources.

Refraction Technology

Debt Financing in 2021
Refraction Technology produces digital recording instruments for imaging studies and earthquake research applications. REF TEK provides seismometers, seismic recorders, motion recorders, accelerometers, and software for seismic and earthquake engineering systems to government, scientific research, and structural monitoring organizations. The systems are used for earthquake hazard mitigation, emergency response and warning assessment, construction code, and land use planning as well as oil, gas, and mining exploration

Global Spatial Technology Solutions (GSTS)

Debt Financing in 2021
Global Spatial Technology Solutions provides worldwide maritime monitoring and oceanographic coverage. The company also provide maritime vessel management and maritime risk management.

Sensor Technology

Debt Financing in 2021
Sensor Technology designs and manufactures piezoelectric ceramic materials, custom acoustic transducers, and custom hydrophones.

Nautics Group

Debt Financing in 2021
Nautics Group develops robust and creative technology to tackle the particular problems of covert technical surveillance. They offer the communities of law enforcement organizations services and products that can be recognized to help them carry out their duties safely.

MeridianDLT

Debt Financing in 2021
Meridian DLT is building an innovative green network leveraging Distributed Ledger Technology. Powered by renewable energy nodes, the eco-system supports many real-world DLT use cases covering green technology, carbon trading, payments, loyalty programs, entertainment and more.

Meta Materials

Convertible Note in 2020
Meta Materials is a technology company that partners with original equipment manufacturers (OEMs) across various industries. Its extensive platform encompasses three core capabilities: holography, lithography, and wireless sensing, driven by software and AI.

Maritime Gourmet Mushrooms

Debt Financing in 2020
Maritime Gourmet Mushrooms founded in 2014 started as a pursuit of passion for sustainable and innovative farming practices. The cultivation of exotic mushrooms is both a challenge and an exciting endeavor. Located near Halifax, Nova Scotia we focus on cultivating the most unique and freshest exotic mushrooms available on the market today. We are grateful for the opportunity to pursue our dreams and provide fresh, healthy food for our community.

KorrAI

Grant in 2020
KorrAI is a technology company focused on addressing the challenges posed by climate change through advanced monitoring solutions. The company has developed a satellite-based platform that utilizes cloud computing and artificial intelligence to detect and analyze ground motion, allowing for the identification of minute changes in the earth's surface, such as land subsidence. By assessing the physical integrity of critical infrastructure, including bridges, dams, and highways, KorrAI provides clients with accurate risk maps that inform engineering and maintenance decisions. This innovative approach aims to promote resilient infrastructure and support better business decisions in the face of evolving environmental conditions.

Greenlight Analytical

Debt Financing in 2020
Greenlight Analytical is a cannabis testing startup focused on providing innovative solutions for the agricultural sector. The company has developed a state-of-the-art analyzer designed for quality analysis of cannabis crops, capable of measuring potency, flavor, quality, and safety all in one device. This technology features a patent-pending sample introduction system that facilitates terpene profiling and pesticide screening. By offering these advanced analytical capabilities, Greenlight Analytical aims to enhance the validation and optimization processes for cannabis producers, ensuring higher quality and safer products in the market.

Nexus Robotics

Debt Financing in 2020
Nexus Robotics, established in 2017 and headquartered in Halifax, Canada, specializes in developing autonomous robots for the agriculture industry. Their primary product is a weeding robot that effectively removes weeds while preserving crops, using a camera system and AI to differentiate between the two. This robot not only extracts weeds but also provides farmers with crop health data, enabling more informed decision-making.

Dispension Industries

Debt Financing in 2020
Dispension specializes in secure, automated distribution of age-restricted products via self-service kiosks and smart lockers. Its proprietary technology includes biometric verification for enhanced security and compliance.

Sperri

Angel Round in 2020
Sperri is a developer of plant-based meal replacement beverages focused on providing high-quality medical nutrition. The company offers organic and non-GMO products that are designed to deliver essential micronutrients and macronutrients, avoiding artificial ingredients, gut irritants, and common allergens. By prioritizing natural ingredients, Sperri aims to help consumers enhance their health, nutrition, and recovery.

Vendura Wellness

Grant in 2020
Habit Forming Technologies is building JackHabbit, an app that uses machine learning and gamification to nudge users into behaviors aimed at improving their physical and mental health. It will offer real-world rewards and in-app payoffs to encourage university students, among others, to cultivate beneficial habits, such as sleeping more and healthier eating.

Kute Lab

Grant in 2020
Kute Lab is creating a two-sided platform; one side offers a mobile application to users that simplifies cosmetics ingredients (A chemist in your pocket) and on the other side provides market assessment to beauty manufactures.

SmartMed

Grant in 2020
SmartMed mission is to design and implement smart, customizable, and user-friendly software solutions that save time, and empower users to efficiently manage the information they need so they can focus on the quality of the process.

VMOpro

Grant in 2020
VMOpro is a remote physiotherapy solution that enables patients to self-manage their injuries and conditions at home. The platform combines smart PhysioBalls that communicate with a mobile app and is monitored by physiotherapists through a clinical dashboard.

Nxtgen Care

Grant in 2020
Nxtgen Care is a business-to-business software as a service platform for senior care operators that aims to optimize workflows, measure staff performance, and enhance resiliency. The solution provides a unified single sign-on and integrates tools for staff performance monitoring, physical activity tracking, incident management, nurse call integration, and visitor management across multiple care groups and communities. By connecting managers, staff, residents, and families within one complete community of care, the platform helps operators reduce costs while raising care quality and consistency. The system supports data-driven decision making and streamlined communication, enabling operators to coordinate care across sites and improve overall service delivery in senior living environments.

Skinfix

Grant in 2020
Skinfix is a skincare brand established in 1850, specializing in clean, clinically active products designed to optimize skin barrier health. It formulates its products with multiple, clean, active ingredients at optimal effective levels.

Sedna Technologies

Debt Financing in 2020
Sedna Technologies provides traceability and monitoring solutions for seafood products across the supply chain. The company offers software and services for inventory management, sales and traceability, back office operations and reporting, dockside operations, water quality monitoring, and sensor data collection. Its IoT platform supports real-time condition monitoring, cold chain logistics, automated traceability, and predictive analytics to improve efficiency, transparency, and sustainability. The platform also helps manage purchases and accounts of critical supplies such as bait fuel, enabling suppliers and distributors to streamline operations, ensure regulatory compliance, and promote sustainable practices throughout the seafood value chain.

DeNova

Debt Financing in 2020
DeNova is a company focused on developing technology that converts greenhouse gases into a sustainable protein source for use in aquaculture and farming. By utilizing natural bacteria, DeNova creates a scalable and environmentally friendly alternative to traditional fish meals and other animal feeds. This innovative approach not only addresses the growing demand for nutritious feed but also contributes to reducing greenhouse gas emissions, thereby promoting sustainability in food production.

Centre for Ocean Ventures and Entrepreneurship (COVE)

Grant in 2020
Our mission is to propel the ocean economy by providing high quality marine infrastructure and a collaborative space in which a community of ocean enterprises can start, grow and prosper. Our primary goal is to support ocean technology commercialization. This hub of activity will be home to local and global ocean technology businesses, post-secondary institutions, researchers, and marine-based and service businesses that support the ocean sector. Members of COVE have unparalleled access to the ocean, shared facilities and some of the leading minds in the sector. Start-ups will benefit from mentoring in the Start-Up Yard the on-site incubator.

Bloxo

Pre Seed Round in 2019
Bloxo is a social marketplace that facilitates on-demand recreational sports opportunities tailored to individual interests and skill levels. The platform connects users with nearby recreational games, allowing them to participate at their convenience without the constraints of long-term commitments or fixed schedules. By providing an accessible way for individuals to engage in sports, Bloxo enhances the recreational experience and promotes active lifestyles.

RIDDL

Seed Round in 2019
RIDDL is a cloud-based platform that uses artificial intelligence to help investors evaluate the social and environmental impact of their investments. It enables companies to track, analyze, and share their impact data, facilitating informed decision-making related to various causes such as health, poverty, education, climate change, gender equity, and others.

Garden manager

Pre Seed Round in 2019
Garden manager is a software to help grow food in urban environments and on small-scale farms.

Bursity

Pre Seed Round in 2019
Bursity is working on a web platform that will assist post-secondary students in paying their tuition by locating and applying for financial awards in a few simple steps.

Sparrow Acoustics

Pre Seed Round in 2019
Sparrow Acoustics is an online source that provides diagnostic information and structural condition of the heart and lungs.

Talkatoo

Pre Seed Round in 2019
Talkatoo develops and sells dictation software for professionals, using AI-powered voice recognition to accurately transcribe complex terms and notes. The software saves time for doctors, veterinarians, and lawyers who face rigorous documentation and regulatory requirements, helping them increase billable time. It works across platforms including web, PC, and Mac, and integrates with EMR and Practice Management systems. The company reports about 240 paying customers and 400+ seats, with monthly recurring revenue above $20,000. By improving transcription accuracy and efficiency, Talkatoo aims to enhance productivity and streamline documentation workflows.

Springboard Atlantic

Grant in 2019
Springboard provides strategically positioned resources to Atlantic Canadian universities and colleges alike, helping them transfer both knowledge and technology into the private sector.

Hanatech

Grant in 2019
At Hanatech IoT Inc. we focus on delivering robust, secure, easy to use solutions that help our clients deliver value to their businesses. Our Smart Building solutions enable building owners and managers to reduce operational costs while making their buildings more comfortable and secure. Our IoT Solutions, like Industrial IoT and Smart Farming, help business owners collect, analyze and draw actionable insights from their operational data.

Introhive

Debt Financing in 2019
Introhive, Inc. is a Canadian technology company based in Fredericton, New Brunswick, that specializes in developing contact mining software applications. Founded in 2012 by Jody Glidden and Stewart Walchli, the company offers a software-as-a-service (SaaS) platform designed to enhance revenue generation and improve customer experience management. Introhive's platform integrates relationship intelligence into customer relationship management (CRM) systems, utilizing data automation to accelerate sales processes. The company's enterprise relationship management solution provides valuable insights into client and prospect relationships, streamlining tasks such as sales hiring, prospecting, territory assignment, renewals, and lead scoring. By transforming disorganized data into actionable insights, Introhive aims to boost productivity and facilitate CRM adoption for its clients.

Velsoft

Debt Financing in 2019
Velsoft is a prominent provider of customizable training materials that allows organizations to deliver high-quality and engaging content to their employees or students. The company offers proven training solutions that can be edited and localized to meet various training needs and audiences. By hosting these resources and providing on-demand access, Velsoft enables clients to confidently present relevant content while circumventing the expensive and time-consuming process of creating internal training materials. This approach not only enhances the learning experience but also ensures that organizations can efficiently address their training requirements.

Venn Innovation

Grant in 2019
Venn was founded by a group of tech economy entrepreneurs and stakeholders to support innovation-based economic development. Venn helps New Brunswick tech companies get to market, sustain and grow their business, and scale their operations. Venn is committed to creating a dynamic, globally successful technology industry in New Brunswick that is driven by strategic partnerships, meaningful collaborations, and enhanced cooperation between the business community, the academic and research community, and the government sector.

Smart Skin Technologies

Debt Financing in 2019
Smart Skin Technologies Inc. is a technology development company founded in 2009 and headquartered in Fredericton, Canada, with an additional office in Munich, Germany. The company specializes in the development and commercialization of innovative pressure-sensitive skin technology. Its flagship product, Quantifeel, is a packaging pressure monitoring system designed to measure line pressure and 3D orientation across various packaging formats, including glass, cans, and PET. Smart Skin Technologies is also focused on advancing its patent-pending pressure sensing technology for applications in industrial settings and sports, showcasing the versatility and potential of its unique touch-sensitive materials across multiple verticals.

Panag Pharma

Debt Financing in 2019
Panag Pharma Inc. is a biotechnology company based in Halifax, Canada, founded in 2014. It specializes in the development of bio-pharmaceuticals and natural health products that incorporate cannabis and other medicinal plant-based elements. The company focuses on creating innovative cannabinoid-based formulations aimed at treating pain and inflammation. Panag Pharma's product pipeline includes pain relief solutions designed for topical application to the skin, eyes, and mucous membranes, emphasizing safety, non-addictiveness, and effectiveness in pain management. As of May 2019, Panag Pharma operates as a subsidiary of Tetra Bio-Pharma Inc.

BlueGrid

Debt Financing in 2019
BlueGrid is a developer of vessel-to-grid technology that focuses on enhancing marine electrification. The company offers a data services platform designed to deliver critical real-time intelligence, enabling electric boats to operate efficiently while optimizing their environmental and economic impact. By allowing vessels to use power effectively and provide energy back to the grid when needed, BlueGrid facilitates seamless coordination between marine vessels and utilities. This capability supports the transition to cleaner energy solutions and aids in the management of carbon credits, ultimately promoting sustainable practices within the maritime industry.

EnergyX Solutions

Seed Round in 2019
Founded in 2016, EnergyX Solutions specializes in energy management software. Its platform, MyEnergyXpert, enables utilities and retailers to engage customers in energy efficiency programs through automated personalized conversations and AI-based recommendations. The company aims to reduce global greenhouse gas emissions by digitizing energy efficiency solutions.
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