NBIF News

Triple Hair Inc., a company specializing in the development of innovative treatments for androgenic alopecia, has closed a $4 million financing with a group of investors for their Phase III trial, backed by a $200,000 investment from NBIF. This funding marks a crucial step in Triple Hair’s cap...

[New Brunswick, May 2, 2024] Potential, a pioneering force in the development of off-road electric vehicle (EV) technology, announced today the successful completion of a $2 million CAD funding round. The investment, led by the New Brunswick Innovation Foundation (NBIF), Brightspark Ventures, Build ...

Solyntek, the cutting-edge AI-based safety solution for secure workplace environments, has successfully graduated from the Energia Ventures Accelerator 10th Cohort, with a $50,000 investment from NBIF.  With preventable injuries costing the Canadian economy billions annually, Solyntek’s A...

NBIF invests $50K in Chick Pick: Tech Startup Graduates from Energia Ventures Accelerator Chick Pick, the innovative tech startup revolutionizing chick sorting for poultry farms, has graduated from the Energia Ventures Accelerator 10th Cohort, backed by a $50,000 investment from NBIF.  Led by f...

[Fredericton, NB, April 4, 2024] – The New Brunswick Innovation Foundation (NBIF) is proud to announce its investment of $500,000 CAD in TrojAI, a pioneering AI security company based in Saint John, New Brunswick. This investment is part of a larger follow-on funding round totaling $5.7 million US...