Early Stage Commercialization Fund: 2012-2013 Funded Projects

February 2013 Round

Acadia University

Researcher: Sherri A. McFarland
Project: Natural Products for Photodynamic Inactivation

Dalhousie University

Researcher: Chris Cowper-Smith
Project: Enhancing Leg Muscle Strength with Knee Bracing

Researcher: Andrew Rau-Chaplin
Project: GPGPU Risk Analysis Engine for Reinsurance Analytics

Researcher: Jordan Kyriakidis
Project: QVTrace - A Solutions Platform for Testing Complex Cyber‐Physical Systems

New Centre Another Step in Building Forestry of the Future

Thousands of people working in Nova Scotia's forestry industry will benefit from a new centre for cleaner energy, bioenergy and forestry innovation that will help the province's forestry industry thrive in the future.

Premier Darrell Dexter was in Brooklyn, Queens Co., today, Dec. 12, to announce the province will partner with Innovacorp, Emera and CelluFuel to transform the former Bowater Mersey mill into a centre that will drive new opportunities through innovation.

OMERS Ventures Invests $500,000 in LeadSift

LeadSift, a Halifax-based start-up that mines social media data to generate high-quality sales leads, has secured $500,000 in financing from OMERS Ventures. The funds will be used for product development, sales and marketing and hiring.

Every day people publish hundreds of millions of posts on social media sites about their interests, preferences and purchase intentions. LeadSift's sophisticated online tool analyzes this data in real time to generate qualified and targeted sales leads.

Corporate Knights Honours CarbonCure on Cleantech Top 10 List

Today (November 27, 2012), Corporate Knights recognized CarbonCure Technologies Inc. as one of the most promising Canadian cleantech startups in their 2012 Cleantech Next 10 list.

Honourees were selected based on their high growth potential and significant impacts on resource efficiency and the environment. CarbonCure’s cleantech innovation sequesters carbon dioxide into concrete products to make better, greener building materials. The technology has been installed in concrete manufacturing facilities across North America.

aioTV Lands $8 Million Strategic Investment

UTStarcom Holdings Corp. ("UTStarcom" or “UTSI”), a leading provider of broadband equipment and solutions, has invested US$8 million to acquire a minority stake in aioTV Inc. ("all-in-one TV" or "aioTV"), a leading international cloud-based video aggregation and distribution platform.

The deal gives UTStarcom access to technology that will bolster its rollout of subscription-based value-added media services, while giving aioTV a partner with whom it can offer its technology within emerging markets in Asia.

LightSail Energy Raises $37.3 Million from Peter Thiel, Khosla Ventures, Bill Gates, Innovacorp and Other Top Investors

LightSail Energy, a developer of breakthrough energy storage technology, announced today (November 5, 2012) that it has raised $37.3 million in Series D funding led by San Francisco investor Peter Thiel. Khosla Ventures, which incubated the company and led LightSail’s earlier rounds, Bill Gates, Innovacorp, and several other investors also participated in the round.

OnCode Adds DNA Marking and Invisible Barcodes to Product Portfolio

DNA Technologies, a division of Polestar Ltd. (Bermuda), announced today that it had signed an agreement appointing OnCode, a division of Gem Gravure of Hanover, Massachusetts, as an authorized channel partner. The agreement will allow OnCode to resell and integrate patented DNA Matrix™ security markers in their inkjet coding and marking applications in key pharmaceutical, medical device, wire manufacturing, wire processing and packaging industries.

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