Chinova Raises US$2M Round

Fredericton-based Chinova Bioworks, which is making preservatives from chitosan, has raised a US$2 million (C$2.6 million) round of equity funding led by DSM Venturing and Rhapsody Venture Partners. Full article on Entrevestor....
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NB Supports Resson, SimpTek

Fredericton startups Resson and SimpTek Technologies are receiving funding from provincial agencies to increase their workforces and expand their businesses, the provincial government announced this week. Resson, an agriculture technology company, will create as many as 31 new jobs over the next thr...
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ACOA, NBIF Give $5.5M to UNB Centre

The Atlantic Canada Opportunities Agency and New Brunswick Innovation Foundation are providing a total of $5.5 million in funding to the Marine Additive Manufacturing Centre of Excellence at the University of New Brunswick. The two agencies said in a statement Wednesday that the funding would be use...
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Microsoft Recognizes Kognitiv, T4G

Kognitiv Spark and T4G were big winners Monday at Microsoft Canada’s 2018 Impact Awards in Las Vegas. Fredericton-based Kognitive Spark, which uses augmented reality to help workers in remote locations, won the Innovation with Hardware category. Full article on Entrevestor....
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