Fundraising Fox

New Brunswick Innovation Foundation

Government fund

Fredericton · Pre-Seed–Series A · 28 people tracked

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Investment thesis

NBIF positions itself as Canada's longest-running publicly funded venture capital firm, focused on backing early-stage New Brunswick technology companies with global potential. It takes a founder-first approach, investing early and committing for the long term while working alongside founders to scale strong ideas into high-growth businesses. Beyond capital, the firm offers strategic guidance and connects founders to expertise and networks needed to grow globally. It also serves as a bridge for investors seeking access to the province's highest-growth opportunities, aiming to build world-class companies rooted in New Brunswick.

Source: firm website, verified Aug 3, 2026.

Stage
Pre-Seed–Series A
Check
$36.5K – $730K
HQ
Fredericton, New Brunswick, CA
Instruments
Equity
Founded
2002
AUM
$100M
Tracked investments
1

Team · 28 people

from the firm's website & public directories
Jeff White· President & CEO
Daniel Armali· Vice President, Investments
Heather Libbey· Vice President, Strategy & Operations
Blair Morgan· Director
Cameron Horwood· Systems & Data Analyst
Daniel Clark· Director
David Magee· Director
Diane Allain· Secretary
Eden Hoang· Marketing & Events Coordinator
Francis Leblanc· Director
Funke Yusuf· Finance & Operations Specialist
Hilary Lenihan· Director, Strategic Engagement
Jessica Veinotte· Investment Associate
Kyle Woods· Investment Associate
Laïla Thériault· Investment Associate
Leslie Watchorn Magee· Board Chair
Nicole Leblanc· Vice-Chair
Nicole Vair· Director, Communications
Nitin Bhalla· Investment Associate
Pat McMullon· Acting Director of Finance
Paul Thornton· Innovation Partnerships Manager
Paula San Jose Vasquez· Investment Intern
Selina El Zamer· Investment Intern
Tony Van Bommel· Treasurer
Traci Simmons· Director

Investments · 1 tracked

founders shown can be your intro path
FRfinb.cain

This is a venture capital firm, not a portfolio company.

Frequently asked questions

What stage does New Brunswick Innovation Foundation invest at?
New Brunswick Innovation Foundation invests at the Pre-Seed, Seed, Series A stages.
What is New Brunswick Innovation Foundation's typical check size?
New Brunswick Innovation Foundation typically writes checks of $36.5K – $730K.
What sectors does New Brunswick Innovation Foundation focus on?
New Brunswick Innovation Foundation focuses on Advanced Manufacturing, AgTech, Biotech, Cleantech, Climate Tech, Consumer, Cybersecurity, Data & Infrastructure, Defense Tech, Digital Health, EdTech, Energy, Enterprise Software, FoodTech, Hardware, Media & Entertainment, SaaS, Sector Agnostic.
Where is New Brunswick Innovation Foundation located?
New Brunswick Innovation Foundation is headquartered in Fredericton, CA.

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