East Coast Venture Capital Firm Gets Boost From N.B. Innovation Foundation

HALIFAX – The New Brunswick Innovation Foundation (NBIF) is giving a new venture capital firm a financial boost.

NBIF announced Thursday that it’s committed $500,000 to Concrete Ventures, a venture capital firm that focuses on pre-seed investments in promising startups in Atlantic Canada. Concrete Ventures counts more than 20 limited partners, including some of the region’s top entrepreneurs and investors, with the fund now standing at nearly $18-million.

Full article on Huddle.