NBIF News

February 24, 2022
Venture Capital , NBIF News , Uncategorized
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Potential Motors Raises $4M USD with a Business Model as Adaptive as its Technology

AI-powered driving experience for electric vehicles attracts posse of high-profile investors Off-roading allows you the thrill of exploring remote, uncharted places while testing the limits of both your vehicle and your driving skills. Potential Motors is taking that experience to the next level, wi...

New Artificial Intelligence (AI) Fund Aims to Foster Growth Throughout the New Brunswick Economy

Comprehensive support for innovation promises to vitalize manufacturing and other sectors Think AI is still the stuff of science fiction? Think again. If your image of artificial intelligence is a cyborg from Star Wars, then, yes, humanistic robots still belong to the world of fantasy. But other kin...

September 17, 2021
Applied Research , NBIF News , R3
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New Sector Specific R3 Event Will Have a Greater Impact on our Research Community

THE HISTORY OF OUR R3 EVENT Historically, R3 has been a biennial event that brings academic researchers, graduate students, government and supporting agencies and local industries together to recognize research results in the province. Researchers with accomplished projects or who have acted as exce...

NB ranks 6th most active province in venture capital investments from CVCA report

September 15, 2021
Venture Capital , NBIF News
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New Brunswick Ranks 6th Most Active Province in Venture Capital Investments

Every half-year, the Canadian Venture Capital Association (CVCA) reports on the status of venture capital investment in Canada, and the 2021-H1 edition is impressive. Amongst the Atlantic Canadian provinces, New Brunswick holds a meaningful standing. This serves as evidence that our province is cham...

September 7, 2021
Venture Capital , NBIF News
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NBIF Announces Follow On Investment Into Gray Wolf Analytics

We recently closed a follow-on investment from our Venture Capital Fund into Fredericton-based, Gray Wolf Analytics. We invested $200 thousand alongside angel investors for a total round size of $500 thousand. OUR WHY? We funded research led by Dr. Dhirendra Shukla, president and chair of Gray...