/Investor DB

Invest Nova Scotia

Government fund

Halifax · Seed–Series A · 2 people tracked

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Investment thesis

Invest Nova Scotia is a government business development agency for the province of Nova Scotia, Canada. It supports businesses at every stage — helping early-stage start-ups, scaling companies expand into new markets, and attracting international businesses to the province. Working with industry, academic institutions, and government partners, it provides tailored programs, incentives, and services. Its venture capital arm, the Nova Scotia First Fund, invests in emerging technology companies with high growth potential. The agency emphasizes the province's talent pool, competitive costs, and high-growth sectors such as ocean technology, life sciences, aerospace and defence, financial services, advanced manufacturing, and clean technology.

Source: firm website, verified Sep 27, 2026.

Stage
Seed–Series A
Check
$73K – $730K
HQ
Halifax, NS, CA
Instruments
Equity
Founded
1995
Last 12 months
1 investment
AUM
$29M
Tracked investments
5

Team · 2 people

from the firm's website & curated

What they invest in

from 5 of 5 portfolio companies

Consumer ×2Medical Devices ×2AdTech ×1Biotech ×1Circular Economy ×1Cleantech ×1Climate Tech ×1FemTech ×1

HQs:Canada×3United States×1

Investments · 5 tracked

founders shown can be your intro path

By year:2025 · 22024 · 24 dated

alterBiotaalterbiota.cominMay 2024 · $4M

alterBiota develops green materials and energy technologies, including bio-graphene concrete admixtures and low-carbon concrete solutions, along with related R&D and testing services.

Circular EconomyCleantechClimate TechNew MaterialsEdwardsville, CA

Mark Masotti(CEO and Co-Founder)in

Co-investorsBDC Climate Tech Fund IIBDC Fund Investments (Fund-of-Funds)BDC Venture CapitalVenbridgeBDC Capital Corporation

Elleelle.comin𝕏

Hearst Magazines operates a portfolio of fashion, lifestyle, food, home, health, and wellness media brands.

AdTechConsumerMarketing TechMedia & EntertainmentNew York, US

Co-investorsStride Consumer Partners

Elle, MDellemd.caOct 2025 · $100K

Elle, MD is a female-founded biotechnology company developing Livv, a once-monthly, non-hormonal contraceptive ring that works locally in the reproductive tract to prevent fertilization.

BiotechFemTechMedical Devices

Jennifer Johnston(Founder)in

Co-investorsStartup TNTH Venture PartnersNew Brunswick Innovation Foundation

Sound Blade Medicalsoundblademedical.comMar 2025

SoundBlade Medical develops handheld histotripsy technology for non-invasive surgery, using focused ultrasound to treat tissue with precision.

HardwareHealthtechMedical Devices

Jeremy Brown(Co-Founder & CTO)inMatt Mallay(Co-Founder & Sr. Dir. R&D)inAndre Bezanson(Co-Founder & Dir. R&D)inEli Vlaisavljevich(Co-Founder)inRick Balys(Co-Founder)inNeil Barman(Chief Executive Officer)in

Co-investorsAmzak HealthLumira VenturesAPERTURE Venture Partners

Sperrisperri.caSep 2024

Sperri Complete is a certified organic, non-GMO plant-based meal replacement designed for people with food intolerances and digestive health issues.

ConsumerFoodTechWellness & Fitness

Co-investorsNàdarra Ventures

Frequently asked questions

How many investments has Invest Nova Scotia made?
Invest Nova Scotia has 5 tracked investments, including 2 dated in the last 24 months.
What stage does Invest Nova Scotia invest at?
Invest Nova Scotia invests at the Seed, Series A stages.
What is Invest Nova Scotia's typical check size?
Invest Nova Scotia typically writes checks of $73K – $730K.
What sectors does Invest Nova Scotia focus on?
Invest Nova Scotia focuses on Advanced Manufacturing, AgTech, AI & Machine Learning, Biotech, Cleantech, Climate Tech, Construction Tech, Deep Tech, Defense Tech, Energy, Enterprise Software, Fintech, Gaming, Healthtech, Media & Entertainment, Medical Devices, New Materials, SaaS, Space Tech.
Where is Invest Nova Scotia located?
Invest Nova Scotia is headquartered in Halifax, CA.

Media · Podcasts & interviews

from their channel

Unearth Opportunity in Nova Scotia's Mining and Critical Minerals Industry

Invest Nova Scotia

Seafood Market Webinar: Doing Business with France and Italy - October 23, 2025

Invest Nova Scotia

Seafood Market Webinar: Doing Business with Spain and The Netherlands — October 21, 2025

Invest Nova Scotia

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