Atlantic Canadian startups raised $348 million in venture capital in 2025, according to the Canadian Venture Capital and Private Equity Association, or CVCA, driven by a strong fourth-quarter performance in Newfoundland and Labrador and Nova Scotia.

ABK Biomedical late last year raised US$35 million (C$47.9 million) in a Series D financing round to support clinical trials, manufacturing expansion and development of a product to be used in treating liver cancer.

The Halifax-based medical device

New Minas, N.S.-based Elle, MD Biotechnologies has been recognized in the Emerging Category of the national CIX Startup Awards run by Toronto-based Elevate.

The awards are the largest national showcase of innovative tech companies, the group said

Applications have opened for the six-month GreenShoots program, designed for high-potential, early-stage, knowledge-based ventures based in Nova Scotia.

The program seeks innovators in the areas of agriculture, agri-food, bioeconomy, cleantech and

Chester, N.S.-based Sustane Technologies has announced major project milestones at its advanced recycling facility and welcomed Marc Donaldson as its new project director.

The company converts difficult-to-recycle plastics into valuable resources