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Innovacorp

Innovacorp

Halifax, Nova Scotiainvestnovascotia.ca

Overview

Invest Nova Scotia is the Province of Nova Scotia's business development agency, responsible for promoting economic growth. It was formed in 2022 through the merger of Innovacorp and Nova Scotia Business Inc. The agency makes direct venture capital investments in early-stage, high-growth technology companies through its Nova Scotia First Fund, and also acts as a Limited Partner in other venture capital funds. Its key focus sectors include technology, ocean technology, life sciences, aerospace and defence, financial services, and advanced manufacturing. Beyond capital, it provides businesses with hands-on guidance, access to a network of mentors, and other acceleration initiatives.

Portfolio Companies

65

Investments

Innovacorp investments
CompanyDateStageLead
Elle, MD BiotechnologiesJul 2026Pre SeedCo-investor
pHathom TechnologiesFeb 2026SeedCo-investor
pHathom TechnologiesJan 2026SeedCo-investor
Elle, MD BiotechnologiesOct 2025Pre SeedCo-investor
VoltaiOct 2025Pre SeedLead

Sector & Stage Mix

Industry, funding stage, and valuation band breakdowns.

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SeedSeries ASeries BGrowth

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Investment Activity

Yearly cadence, pace, and funding raised over time.

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2021
2022
2023
2024
2025
2026

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FAQ

Firmographic Details

HeadquartersHalifax, Nova Scotia
Year FoundedN/A

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