News & Media

Sector Successes

15 Sep

Trudell Medical Limited Expands AI Operations in St. John’s NL

14 Sep

$11.7Million
Lockheed Martin invests in Avalon Holographics

$5Million
SiftMed raises in funding from Staircase Ventures

CoLab announces contract with jet manufacturer Bombardier

$40Million
Spellbook secures from RBC to snap up smaller legal AI startups

$615Million
Kraken acquires Coveyla Group

$10Million
Raise in Funding for Sparrow BioAcoustics

6 Dec

$295.5Million
NL leads in start up funding

$1.1Million
Human performance digital thread project

$100Million CAD
Series C funding, affirming CoLab's position in the AI for engineering space

$50Thousand
Award in the Brain Health Innovation competition

$70Million CAD
Series B funding raise led by Khosla Ventures

$120Million
Value of contracts announced by NL-based marine giant Kraken Robotics since 2022

$28.6Million
Series B funding raised by NL-based design disruptor CoLab

18 Jun

$27Million
Injected into Training and Upskilling to help NLers Find Their Future in the Thriving Tech Sector

CHEO selects PolyUnity for 3D Printing Solution

$27Million
Series A funding raised by NL-based Legal Generative AI wizards Spellbook

$16Million
Order Received by Kraken Robotics for SeaPower Batteries

19 Dec

New Innovation Centre for Remote Operations to Transform Province

$20.3Million
Series B funding raised by NL-based smart thermostat masters at Mysa

25 Sep

Newfoundland software company Verafin secures largest ever Canadian venture deal with $515-million transaction

$3.6Billion
NASDAQ acquired NL-Based company Verafin - one of the largest acquisitions of a Canadian tech company in Canadian History

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Our Releases

Digital Oil & Gas Initiative (DOI) Press Release

Feb 2, 2022 | News

Press Release February 02, 2022 Leveraging Tech to Digitally Transform the Offshore Oil and Gas...

News Release: High School Students Meet Their Match Through techNL’s Inaugural High School Technology Immersion Internship

Jul 14, 2021 | News

July 14, 2021 – St. John’s, NL: As part of techNL’s Tech Talent Strategy, high school...

techNL Welcomes New Board Chair Dan Brake

Jun 10, 2021 | News

Diversity and Inclusion Fundamental Elements for New...

techNL in the News

Newfoundland and Labrador tech association lays out priorities to unlock province’s budding tech sector

Oct 27, 2026 | BetaKit

Q&A: techNL's new CEO discusses rapid industry growth

Sep 14, 2026 | The Telegram

Unicorns are real and growing in Newfoundland and Labrador's tech sector

Aug 28, 2026 | The Telegram

techNL Appoints Andrea King as CEO

June 13, 2026 | Entrevestor

Five Firms Honoured at techNL Awards

Apr 19, 2026 | Entrevestor

techNL Seeks New CEO

Feb 23, 2026 | Entrevestor

Podcasts & Videos

Creators at the World’s Edge, the techNL Podcast

techNL is proud to announce a new podcast and video series showcasing an inspiring collection of innovators, dreamers, and creators who are defying the odds in our province. Together they are building a thriving tech ecosystem that’s poised to be as vibrant as any on the global stage.