I-3 Competition Zone Launch Events

It’s the most wonderful time of the year! In early September, we’re launching another provincial I-3 Technology Start-Up Competition. We hope to see you at one (or all!) of our launch events, happening in each of the competition’s five geographic zones. Hang out with us, our partners, and local business leaders, meet our new president and CEO, Stephen Duff, and enjoy some light refreshments.

CelluFuel to Establish Wood Fibre Biomass-to-Diesel Pilot Plant in Liverpool

The Innovacorp Demonstration Centre in Liverpool is on target to create opportunities for good forestry jobs for families in rural Nova Scotia.

The centre offers companies a research, development and demonstration site, and will help the province's forestry industry thrive in the future. Establishing this centre is also in keeping with the province's natural resources strategy.

First Concrete Masonry EPD in North America Released by CarbonCure and Atlas Block

CARBONCURE TECHNOLOGIES INC. (CarbonCure) and ATLAS BLOCK CO. LTD. (Atlas) have issued the industry’s first Environmental Product Declaration (EPD) for concrete masonry products in North America. This groundbreaking document meets the growing demand for healthy and green construction materials, by disclosing the environmental impacts of CarbonCure by Atlas Block concrete products.

Introhive Raises $1.5 Million to Accelerate Go-to-Market Activities

Introhive today announced a $1.5 million investment from Build Ventures.* This new financing adds to the previously raised Series A round of $1.8 million and earlier seed funding. Build Ventures joins other investors including Growthworks Atlantic, NBIF, Fortify Ventures and CIT GAP.

The company will use this new funding to accelerate the success Introhive is having with enterprise customers. The new capital will fund sales team growth, new product development and marketing activities to reach and capture new market share.

Highlights from Getting to Yes: How to Raise Your First Round of Venture Capital

On May 30, 2013, Geoff Lewis commandeered the atrium at the Innovacorp Enterprise Centre and as you can see from the pictures, we were happy to oblige. That evening, Geoff bestowed his wisdom upon the audience from his experiences as a principal with FOUNDERS FUND and as an entrepreneur. (Previously, Geoff was co-founder and CEO of TOPGUEST, the social loyalty software. In 2011, he sold Topguest to Switchfly in an eight figure transaction.) Not too shabby, Geoff.

Karma Gaming Raises $4M Series A to Gamify Lottery

Karma Gaming, a developer of next-generation casual games for lotteries worldwide, today announced a $4 million Series A round of financing.

The funding will enable Karma to commercialize the contracts acquired earlier this year in four countries around the world and deliver next-generation digital lottery games.

The round was led by Rho Canada Ventures and Innovacorp. Jeff Grammer, partner at Rho Canada Ventures, and Thomas Rankin, investment director at Innovacorp, will join Karma’s board of directors.

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