NBIF News

We’re excited to announce that NBIF has made a follow-on investment of $500,000 in Eigen Innovations Inc., led by CEO Erin Barrett, as part of a $2.6 million funding round. This latest investment was supported by BDC Women in Technology Venture Fund, Momenta Ventures, and other visionary partners ...

The global climate crisis, while a pressing challenge, also presents a unique opportunity for innovation. As the world seeks sustainable solutions, there’s a growing demand for groundbreaking clean technologies. At NBIF we know that New Brunswick’s entrepreneurs and innovators can lead t...

New Brunswick’s own MedReddie has secured an impressive $782,000 in an oversubscribed pre-seed round. Backed by $50,000 from the New Brunswick Innovation Foundation; investments from BDC’s Thrive Lab, The Firehood, Forum Ventures, Angel Investors, and government grants. This funding will pow...

The Canada’s Ocean Supercluster revealed Phase 3 of the $8 Million Ocean Startup Project today at the second annual Oceanfest event during Startupfest. NBIF CEO Jeff White, FCPA,CA, ICD.D, as Chair of the Advisory Committee for the Ocean Startup Project | Projet Startup Des Océans (OSP), has ...

Climative, a company specializing in AI-driven solutions to create low-carbon plans for buildings, has closed a significant seed round, backed by a $200,000 investment from NBIF. This funding will enhance their data platform and support their US expansion, bringing them closer to their goal of accel...