In the News

A look at N.B. Venture Capital 2020

Exciting things are on deck in New Brunswick. CVCA recently released its Q1 report, featuring a heat map of where the investments were happening across Canada. If you look at New Brunswick, it showed six deals and $2 million invested. If you look at the rest of Atlantic Canada, there wasn’t a ...

June 26, 2020
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NBIF Portfolio Spotlight – Kognitiv Spark

Kognitiv Spark, a Fredericton-based NBIF portfolio company, builds secure and reliable augmented reality tools to help businesses overcome complex repairs and maintenance task that would otherwise warrant a senior technician boarding a plane and travelling a great distance to complete any given task...

February 4, 2020
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MESH/diversity’s $950K Round

MESH/diversity, the Moncton company that helps organizations measure and improve diversity, has raised a $950,000 equity funding round, including a $250,000 contribution from the New Brunswick Innovation Foundation. Full article on Entrevestor....

January 24, 2020
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NBIF Backs Concrete with $500K

The New Brunswick Innovation Foundation has invested $500,000 in Concrete Ventures, the Halifax-based venture capital firm that began investing in early-stage Atlantic Canadian companies last year. Full article on Entrevestor....

January 23, 2020
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Concrete Ventures Fund Reaches $18 Million to Fuel Seed-Stage Startups in Atlantic Canada

Halifax-based venture capital firm Concrete Ventures has received $500,000 from the New Brunswick Innovation Foundation (NBIF), bringing the fund’s total to nearly $18 million. The VC firm has increased the fund’s target, originally $17 million, to $18.5 million. Full article on Betakit....