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By Carol Moreira

The cleantech sector in the Halifax Innovation District and the region is booming, led by CarbonCure Technologies, a leading producer of innovations that remove carbon dioxide from the air. CarbonCure’s plans to cut atmospheric carbon got a boost when Big Tech companies began buying expensive carbon offsets with the aim of becoming carbon neutral.

“It’s a really big deal,” CarbonCure President Jennifer Wagner told Entrevestor. “It helps us to accelerate our plans but also brings us an entirely new source of revenue.”

Winners in the Halifax Innovation District included:

  • Smooth Meal Prep, which delivers healthy meals to homes. The company had $200,000 in sales in its first year and is planning an app to help people manage fitness regimes.
  • Pocket Finance is building a personal finance mobile app that cuts waste, highlights banking fine print, and boosts financial literacy.

For the first time, Volta said Cohort members are eligible for follow-on funding of $25,000.

“Carol Moreira is a Principal of Entrevestor, which provides news and data on Atlantic Canadian startups.”