NBIF News

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...

Congratulations to Dr. Sharon Gainforth and NeuroAI for their outstanding achievement in winning the NBIF Viewers’ Choice Award from the Female Founders’ Startup Showcase at AVF 2024. Sharon’s compelling pitch earned her the highest accolade with 170 audience votes, underscoring her re...

Congratulations to Kimberly Gilbert, PhD and pHathom Technologies for winning the $50,000 equity investment from NBIF during the Female Founders’ Startup Showcase at the Atlantic Venture Forum 2024. Along with this investment, additional support will be provided by Danielle Brewin Graham of Th...