- January 29, 2019
- In the News
Innovacorp, New Brunswick Innovation Foundation Partnering to Invest $1 Million in Propel Accelerator
Innovacorp and the New Brunswick Innovation Foundation (NBIF) have earmarked $1 million, $500,000 each, to invest in select companies participating in...
- January 29, 2019
- In the News
Innovacorp, NBIF Back Propel with $1M
Innovacorp and the New Brunswick Innovation Foundation are putting up a total of $1 million to help companies in Phase 2 of Propel’s Incite accelera...
- January 29, 2019
- Breakthru
NBIF Announces Breakthru Semi-Finalists, Narrows Field to 10 Competitors
NBIF Announces Breakthru Semi-Finalists, Narrows Field to 10 Competitors The New Brunswick Innovation Foundation is excited to announce the semi-final...
- January 22, 2019
- In the News
Kognitiv Spark Works With Northern UAVs
Kognitiv Spark of Fredericton has announced a partnership that will help communities in the Canadian North benefit from the use of unmanned aerial veh...
- January 16, 2019
- Venture Capital
Sonrai Security Raises $18.5 Million, Launches Cloud Data Control Service
A cybersecurity and cloud data protection startup led by the former co-founder and CEO of Q1 Labs, one of New Brunswick’s best-known startup exit st...
- January 15, 2019
- In the News
Sonrai Closes US$18.5M VC Round
Sonrai Security, an enterprise cybersecurity company launched by senior executives from Q1 Labs, has closed a US$18.5 million (C$24.6 million) round o...
- January 14, 2019
- In the News
Sonrai Deal Ticks All Boxes for NBIF
Raymond Fitzpatrick was positively giddy about the last deal he signed in 2018 – the US$18.5 million ($24.6 million) financing of Fredericton cybers...
- January 8, 2019
- Breakthru
NBIF Closes ‘Emerging Projects’ Funding Round, Supports 18 Ventures Provincewide
A key aspect of the NBIF’s mission is to support research at its earliest stages. Ideas are always the launching pad for innovation, and without ear...
- December 20, 2018
- In the News
Newpy Aims To Change Online Gifting
Whenever Erin O’Halloran bought someone a gift online, she couldn’t wait to see their reaction. She’d get so excited, she would send rec...
- December 12, 2018
- In the News
NBIF Funding Rose 8.8% in 2017-18
The New Brunswick Innovation Foundation invested $6.2 million in 24 companies in the 12 months to March 31, 2018, with the value of deals increasing 8...
- November 29, 2018
- In the News
SomaDetect Reveals Early Adopters
SomaDetect, an AgTech company that launched in Fredericton two years ago, has begun installations of its Version 2 in-line milk monitoring system at C...
- November 29, 2018
- In the News
EhEye Sold for $3.2M-Plus in Stock
EhEye, the Saint John company that has developed video recognition software for public security, has been purchased by Patriot One Technologies of Tor...