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Category: NBIF News
Sonrai Security Raises $18.5 Million, Launches Cloud Data Control Service
A cybersecurity and cloud data protection startup led by the former co-founder and CEO of Q1 Labs, one of New Brunswick’s best-known startup exit stories, has just closed a Series A funding round of $18.5 million and is set to launch in the coming months. The round was led by Polaris Partners...
NBIF Closes ‘Emerging Projects’ Funding Round, Supports 18 Ventures Provincewide
A key aspect of the NBIF’s mission is to support research at its earliest stages. Ideas are always the launching pad for innovation, and without early support, many projects that would otherwise bloom into productive technologies or viable commercial products are instead left to wither on the...
NBIF 2018 Annual Report: A Model for Sustained Success
As the air outside our office windows begins to chill and 2019 rapidly approaches, the NBIF is pleased to announce the release of our 2018 Annual Report. It’s been an exciting year here – we’ve seen some of our portfolio companies take major strides, been involved in many fascinating research...
NBIF CEO Jeff White on the Business of Developing Winners
NBIF CEO Jeff White on the Business of Developing Winners “Everybody has to sweep the floors.” So says Jeff White, who as of this month is the newly minted CEO of the NBIF. Understanding that phrase is the key to grasping his entire philosophy, whether he’s talking about business,...
NBIF Announces Appointment of Dr. Laura Richard As Director of Research
FREDERICTON—The New Brunswick Innovation Foundation today announced that Dr. Laura Richard has joined the organization as its new Director of Research. The NBIF provides funding to startup companies and to researchers at universities, colleges and institutes undertaking research leading to...
Beauceron Security Raises $1.5 Million Seed Round Led By New Brunswick Innovation Foundation
FREDERICTON, CANADA—Beauceron Security, which helps organizations effectively manage cyber risk, announced today it has raised $1.5 million in a second seed round led by the New Brunswick Innovation Foundation that also included Opportunities New Brunswick, Mariner Partners, East Valley Ventures,...
UNB Scholarship recipients
The NBIF is proud to support innovation across New Brunswick, whether that innovation is occurring in a lab, out in the field or in a classroom. We know that students are the next generation of thinkers, strivers, and creators in this province, which is why we actively support student attraction...
At NBIF, we think it takes the efforts of an entire community to create a true culture of innovation. There is no doubt that New Brunswick’s growth strategy relies heavily on generating innovation, but is it possible to just snap your fingers and make it happen? Probably not. Without active...
ProcedureFlow: Going Big
Daniella Degrace, CEO of Saint John-based ProcedureFlow, has one of the best startup pedigrees in Canada. She played leadership roles in Q1 Labs, Radian6 and iMagicTV, New Brunswick companies that grew from an idea to major players in their respective industries to lucrative exits.