News

Bioenterprise Corporation, Innovacorp, and Nova Scotia Innovation Hub are announcing the companies selected for their latest GreenShoots program intake. Each start-up will receive up to $40,000 and business guidance from seasoned professionals to put their plans into action.

Cycle Momentum and Innovacorp are announcing a new partnership to accelerate development of innovative clean technology companies in the start-up stages. With this partnership, the two organizations will leverage synergies between their respective networks of mentors, investors and start-ups.

Swarmio Media Holdings Inc. ('Swarmio' or 'the Company'), a vertically integrated, end-to-end gaming and esports platform that helps telcos and game publishers engage and monetize the gaming industry, today announced that its common shares will begin trading on the Canadian Securities Exchange on November 22, 2021, at the market open under the symbol SWRM.

Join us in congratulating the start-ups selected to participate in the second cohort of Innovacorp Accelerate 2021-2022.

In addition to $25,000, these start-ups will receive business guidance from our roster of remarkable experts.

Bioenterprise Corporation, Innovacorp, and Nova Scotia Innovation Hub are announcing the companies selected for their latest GreenShoots program intake. Each start-up will receive up to $40,000 and business guidance from seasoned professionals to put their plans into action.

Innovacorp helps build ocean technology start-ups in Nova Scotia. We offer them access to venture capital, acceleration programs, non-dilutive funding, and incubation space at Start-Up Yard at COVE. These start-ups are helping transform our economy and protect our ocean.

3D BioFibR Inc., a biofibre manufacturing company, announced today it has raised over $700,000 in an oversubscribed follow-on round. Proceeds from the financing will be used to continue to scale-up manufacturing capabilities of their collagen and spider silk fibres with an eye towards securing commercial partnerships.

Innovacorp’s investment in Meta Materials Inc. (META) (NASDAQ:MMAT) resulted in a $104 million return after the Nova Scotia start-up began publicly trading its shares on the Nasdaq stock exchange.

In our quest to make every deal a closed deal, we’re proud, grateful, and, well, stoked to announce that Proposify has received a second round of investment from the Canadian Business Growth Fund and Innovacorp, for a total of $13 million over the last year, including $5 million being announced today.

Sparrow Inc., a leader in computational health pursuing cardiovascular and pulmonary disease detection, announced it has appointed Mark Opauszky to lead the company as chief executive officer and president. (Sparrow is a graduate of several Innovacorp acceleration initiatives.)