Venture Capital

Introhive's $100M Round: A look at the benefits for New Brunswick

Introhive’s $100M Round: A look at the benefits for New Brunswick

Introhive, an AI-powered CRM automation software, was founded in New Brunswick in 2012. Their software-as-a-service platform helps organizations identify customer relationships that could increase revenue and/or employee productivity. They recently announced their latest C$122M in a Series C funding...

Blog Header for the 6 Month Recap: n February, we made a follow-on investment into SomaDetect

NBIF 6-month Investment Recap

We are 6-months into the year, and it has been busy. So, here’s a recap of our investments! INVESTMENT 01 In February, we made a follow-on investment into SomaDetect. As a refresher, SomaDetect is an AgTech company that has created a solution for dairy herd management and milk quality optimiza...

NBIF announces two participants won the breakthru competition

Two Breakthru-Newcomer participants WIN
$25,000 SAFE Investment & Accelerator Program Acceptance

Our most recent Breakthru virtual event Breakthru-Newcomer, a partnership we formed with Planet Hatch, the University of New Brunswick (UNB) and the New Brunswick International Students’ Association, wrapped up on Thursday, May 20th with two grand prize winners. In mid-April we encouraged entr...

NBIF Announces First $100,000 Awarded from Early Stage Commercialization Fund (ESCF)

NBIF Announces First $100,000 Awarded from Early Stage Commercialization Fund (ESCF)

We are pleased to announce the first round of our Early Stage Commercialization Fund (ESCF) in partnership with Atlantic Canada Opportunities Agency and Nova Scotia-based Innovacorp has now closed. We have awarded $100,000 from the $500,000 fund to New Brunswick researchers to assist them in ...

December 4, 2020
Venture Capital
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A BlueJay Breakthru In New Brunswick

Our biennial Breakthru event is a start-up competition, traditionally hosted as a formal gala event, with industry professionals, network connections and more. It encourages the creation and development of entrepreneurial, innovative business ventures in New Brunswick, giving participants ...