Sonrai Closes US$18.5M VC Round

Sonrai Security, an enterprise cybersecurity company launched by senior executives from Q1 Labs, has closed a US$18.5 million (C$24.6 million) round of venture capital funding, likely the largest VC round in Atlantic Canadian history. Full article on Entrevestor....
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Sonrai Deal Ticks All Boxes for NBIF

Raymond Fitzpatrick was positively giddy about the last deal he signed in 2018 – the US$18.5 million ($24.6 million) financing of Fredericton cybersecurity company Sonrai Security. Fitzpatrick is the Director of Investment for the New Brunswick Innovation Foundation, the not-for-profit organizatio...
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Newpy Aims To Change Online Gifting

Whenever Erin O’Halloran bought someone a gift online, she couldn’t wait to see their reaction. She’d get so excited, she would send recipients a photo of the gift in advance. Her joy in gift-giving led her to create Newpy, a social network app for posting photos of products hidden ins...
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SomaDetect Reveals Early Adopters

SomaDetect, an AgTech company that launched in Fredericton two years ago, has begun installations of its Version 2 in-line milk monitoring system at Cornell University, marking the beginning of its early adopter program. The company, which is now based in Buffalo, NY, and Fredericton, said in a stat...
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