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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...

January 26, 2022
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New Brunswick Innovation Foundation Launches Artificial Intelligence Fund

Government of Canada supports AI capacity and adoption in New Brunswick January 19, 2022 | Fredericton, New Brunswick | Atlantic Canada Opportunities Agency (ACOA) Artificial intelligence (AI) is fast becoming one of the most impactful technologies in the world, with great potential for generating g...

January 25, 2022
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NBIF announces a $100,000 follow-on investment in Brunvalley

The New Brunswick Innovation Foundation is announcing a $100,000 follow-on investment in N.B. InsurTech firm Brunvalley. The investment is part of a $300,000 round that will further develop their flagship product, LifeWallet. Founded in 2017, Brunvalley provides a digital hub to simplify application...