Funded Startups in Nova Scotia
Nova Scotia rounds in this list skew heavily toward a small set of large disclosed deals, with Erdene Resource Development Corp.
Nova Scotia rounds in this list skew heavily toward a small set of large disclosed deals, with Erdene Resource Development Corp. at $50M (2025-03-12) as the largest disclosed amount in the 50 rows; the next-largest disclosed figures are much lower, including Crombie REIT at $220M (2024-10-08) and CarbonCure Technologies at $80M (2023-07-11), placing the top-end in the high tens to hundreds. Sector coverage is also uneven: Energy, Health Care, and Biotechnology each appear in 3+ entries, while “Series Unknown” shows up in 28 of 50 rows and “undisclosed” amounts appear in 6 rows, limiting stage and size comparability.
Timing clusters around mid-2023 to mid-2024 rather than being evenly spread: many rounds land between 2023-07 and 2024-08 (for example, CarbonCure Technologies $80M on 2023-07-11; COVE $9M on 2023-07-20; GSTS $8M on 2024-08-28; Springboard Atlantic $10M on 2024-05-06). Geography is largely Halifax-centric in the entries shown (for example, ABK Biomedical in Halifax on 2025-10-15 and Tenera in Halifax on 2025-03-11), with multiple additional cities represented (Dartmouth, Bedford, Dartmouth, Sydney, and others). The most recent row is ABK Biomedical’s Series D on 2025-10-15 ($35M), while the oldest shown is Ashored’s Seed round on 2022-12-19 ($1M).
Most recent rounds
50 shownRelated listings
Frequently asked
What stands out in deal size here, and is there a clear top end versus the rest?
The largest disclosed amount is Crombie REIT’s $220M (2024-10-08). After that, high-profile disclosed rounds like CarbonCure Technologies at $80M (2023-07-11) and Erdene Resource Development Corp. at $50M (2025-03-12) sit well above the low single-digit millions common in multiple entries (e.g., Shoelace Learning $40K on 2024-10-15).
How much of the list is hard to benchmark because stage or amount isn’t specified?
“Series Unknown” appears in 28 of the 50 rows, and “undisclosed” amounts appear in 6 rows (for example, Freshr Technologies on 2025-05-13 and Tidal League on 2025-05-12 both show undisclosed amounts). That concentration makes comparisons by stage and dollar size less consistent across the dataset.
Is there a temporal cluster among the most recent rounds shown?
Yes: a dense middle window runs from 2023-07 through 2024-08, including CarbonCure Technologies ($80M on 2023-07-11), COVE ($9M on 2023-07-20), MSL Property Care Services ($8M on 2023-06-22), and GSTS ($8M on 2024-08-28). This contrasts with the sparser early edge at 2022-12-19 (Ashored $1M).
Which cities and sectors look most represented in the entries shown?
Halifax dominates the geography: multiple entries list Halifax, Nova Scotia, including ABK Biomedical (2025-10-15, $35M), Tenera (2025-03-11, $7M), and Sound Blade Medical (2025-01-29, $17M). On sector, Energy (e.g., CarbonCure Technologies $80M on 2023-07-11 and Rayleigh Solar Tech $750K on 2023-05-11) and Health Care (e.g., Sound Blade Medical $17M and Tenera $7M) each recur across multiple rounds.
Are there outliers worth prioritizing for outbound or diligence?
Size outliers are clear: Crombie REIT’s $220M (2024-10-08) is far above most other disclosed rounds, while the smallest disclosed amount is $10K for Daxsonics Ultrasound (2023-07-06). Sector-wise, Energy shows both large and smaller disclosed rounds (CarbonCure $80M vs. Rayleigh Solar Tech $750K on 2023-05-11), suggesting uneven financing profiles within the same theme.
What does the stage mix look like among disclosed rounds in the most recent part of the timeline?
In the latest entries (2025), the list includes clearly labeled stages alongside multiple “Series Unknown” rows: ABK Biomedical is Series D ($35M on 2025-10-15), 3D BioFibR is Seed ($3M on 2025-06-04), and Sound Blade Medical is Series A ($17M on 2025-01-29), while several 2025 rounds remain “Series Unknown” (e.g., Oberland Agriscience $180K on 2025-07-05). Undisclosed amounts also appear in 2025 (e.g., Freshr Technologies on 2025-05-13).
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