FREDERICTON–HOTSPOT, A FREDERICTON-BASED PARKING APP, HAS BEEN ACQUIRED BY IBI GROUP, A TORONTO-FOUNDED TECHNOLOGY FIRM.

HotSpot was founded in Fredericton in 2013 and is now present in over 80 municipalities, cities, and universities across Canada. The app also has more than 460,000 users and some presence in every province.

IBI, which stands for Infrastructure, Buildings, and Intelligence, has about 60 offices worldwide.

FREDERICTON—Introhive, a Fredericton-based software startup, announced Wednesday that it has secured a $100-million (U.S.) investment, part of a Series C round led by PSG, a Boston-based company that backs middle-market software companies.

“It’s been a big year for Introhive,” said CEO Jody Glidden in an interview with Huddle. “We were on Deloitte’s 500 fastest-growing companies list for the second year in a row, we were recognized in Canada on the best places to work list.”

FREDERICTON – Ray Harris, the owner of Data Wazo, is putting Fredericton businesses on the map with his Shop Local Fredericton web application. The project was created to act as a resource for people looking for local businesses to shop from during the holiday season and beyond.

“People think there’s a certain item they just can’t get in the city and because of that they immediately go online. If we can make that information a little more readily available, it might encourage people to spend their money in the city,” said Harris.

FREDERICTON – Starting August 31, entrepreneurs will have a co-working space in the downtown core that will provide support to early-stage entrepreneurs and startups.
“The Nest” is a collaboration between Planet Hatch and The Cap and will provide entrepreneurs with a working space, business counselling, funding, programs, and events.

“Even in a small town like Fredericton, there can be a barrier of proximity or geographical location,” said Adam Peabody, director of Planet Hatch.

“And so, what we had been told by some [entrepreneurs is] … that they had hoped that we would be able to provide a home for them as well and most of them are in the downtown business district.”

When Inem Nsimah uprooted her life in Kenya for a career change in New Brunswick, she was warmly welcomed by her new co-workers. But when the work day ended she felt alone.

"I suddenly became afraid, because I was happy in the day working, but at evenings I was very lonely," she said. "And I started doubting that decision."

She would like Frederictonians to learn the challenges of joining the community as a newcomer.

FREDERICTON — A Fredericton startup has developed software that helps communities and organizations explore complex issues in an engaging and interactive way, helping them figure out things like where to build schools, measure the impacts of cultural industries on a region’s economy, and maybe even contain the community spread of a virus such as Covid-19.

Black Arcs was founded by tech entrepreneur and engineer Jake Arsenault about five years ago. Having previously founded Inversa Systems, a pioneer of gamma-ray imaging for infrastructure, he and his business partners were looking to build something new that could help benefit the larger community.

Nonte, a new health tech startup spun off from Fredericton’s Populus Global Solutions, has a single early adopter for its medical research platform, and it’s the largest medical complex in the world.

Nonte has been beta-testing its platform, which allows researchers to collaborate across several disciplines, at the Texas Medical Centre in Houston, a complex of 60 medical institutions that employ 106,000 people. The parties were preparing to sign a full commercial relationship, but that process was delayed when the COVID-19 crisis broke out.

FREDERICTON — With the COVID-19 pandemic making businesses globally reliant on online sales to survive, a Fredericton newcomer’s company has been getting a lot more inquiries these days.

Adetunji Adelakun is the founder and CEO of Scantranx, cloud-based software for retailers and wholesalers. It integrates services such as inventory management, e-commerce, point-of-sale, reports and analytics, CRM, social media, and omnichannel solutions into one platform.

The company got its start in 2015 in Nigeria, where Adelakun is originally from.

FREDERICTON – A New Brunswick-based dairy technology company will be reaching more customers across North America with a new partnership with the world’s largest provider of dairy management software.

Fredericton-based SomaDetect, a precision dairy technology company, and Valley Agricultural Software (VAS), the world’s largest provider of dairy management software, announced this that VAS’s Software API will be integrated into SomaDetect’s data system.

The integration with VAS’s API will enable SomaDetect’s software to synchronize with any​ milking equipment​ using VAS’s dairy herd management software, ​DairyComp.

Tony Elzayat remembers when he, his spouse and friends tried to get a cab one evening in downtown Fredericton last November but all their phone calls went unanswered.

This frustration led Elzayat to start a new ride-sharing service, Easy Services, that launches today in the Fredericton and Oromocto areas.

“We had to walk home in minus 20 degrees, and that was the fire that started this,” Elzayat said.