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NBIF $1.9 Million Artificial Intelligence Investment Announcement

March 31, 2022
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NBIF announces $1.9M invested into artificial intelligence in New Brunswick

Our Artificial Intelligence (AI) Fund was created in partnership with ACOA to accelerate the creation and adoption of artificial intelligence solutions for companies through strategic partnerships with New Brunswick research experts in our academic and research institutions. It supports the training...

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...

February 17, 2022
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Alongside Takes HR Tech a Bold Step Forward by Raising $8 Million

Round backed by NBIF enables HR tech company to break barriers for job seekers When industry analysts report on what’s happening in the realm of HR tech today, they can’t help but reach for extreme language. To describe the rapid pace of change and growth, they use words like “revolution,” �...

February 11, 2022
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Potential Motors raises $3.2M for electric off-road vehicle technology

The round was led by Brightspark Ventures and included Marc Benioff’s TIME Ventures, Build Ventures, and New Brunswick Innovation Foundation. The funds will be used to expand its team, further develop its technology, and complete rigorous off-road testing on its prototype platform. Fredericton, NB...

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...