New Brunswick Innovation Foundation
Government fundFredericton · Pre-Seed–Series A · 32 people tracked
Find your way into New Brunswick Innovation Foundation
2,403 people in our graph share verified history with the New Brunswick Innovation Foundation team — schools, employers, funds. One of them is your warm intro.
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.
Team · 32 people
from the firm's website & curated & public directoriesWhat they invest in
from 9 of 9 portfolio companiesAI & Machine Learning ×4SaaS ×3Cleantech ×2Energy ×2Enterprise Software ×2Advanced Manufacturing ×1Biotech ×1Cybersecurity ×1
HQs:Canada×5
Investments · 9 tracked
founders shown can be your intro pathBy year:2025 · 12024 · 12021 · 24 dated
Anessa builds software platforms for the biogas and renewable natural gas (RNG) industry, used to evaluate, optimize, and monitor projects using AI, digital twin technology, and predictive modelling.
AI & Machine LearningCleantechEnergy
Amir Akbari(CEO)in
Co-investorsConcrete VenturesEast Valley VenturesGreenSky Ventures
Beauceron Security provides anti-phishing and security awareness training software designed to reduce employee vulnerability to cyber threats.
CybersecurityEnterprise SoftwareSaaS
Co-investorsBankTech VenturesEast Valley Ventures
ClinicGlide provides software automation and digital transformation solutions for clinic operations.
AI & Machine LearningDigital HealthHealthtechSaaS
Scott MacIntosh(Co-Founder & Chief Executive Officer)inDr. Hanif Chatur(Co-Founder & Chief Innovation Officer)
Co-investorsEast Valley VenturesTLT East Ventures
Elle, MD is a female-founded biotechnology company developing Livv, a once-monthly, non-hormonal contraceptive ring that works locally in the reproductive tract to prevent fertilization.
BiotechFemTechMedical Devices
Jennifer Johnston(Founder)in
Co-investorsStartup TNTH Venture PartnersInvest Nova Scotia
Jaza is a utility company providing decentralized energy across Sub-Saharan Africa, combining hardware, software, and local talent into a distribution network.
CleantechEnergyImpact & Social Good
Sebastian Manchester(Founder)in
Co-investorsCeniarthEast Valley VenturesShell FoundationValhalla Ventures
Kognitiv Spark develops a mixed reality collaboration platform that connects frontline workers with remote experts and technical information in real-time.
Deep TechEnterprise SoftwareFuture of WorkSaaSFredericton, CA
Yan Simard(CEO)inRyan Groom(Co-Founder, CTO)in
Co-investorsEast Valley VenturesForesight Group
Potential Motors builds vehicle software using cameras, radar or lidar and AI to interpret terrain and pre-emptively adjust driveline, suspension and torque settings for off-road driving.
AI & Machine LearningMobility & TransportationFredericton, CA
Sam Poirier(Cofounder)
Co-investorsBrightspark VenturesBuild Ventures
SmartSkin makes sensor-based "container twins" that travel through manufacturing lines to measure pressure, impact, vibration, and tilt, paired with software that turns the readings into actionable data.
Advanced ManufacturingHardwareIoTFredericton, CA
Kumaran Thillainadarajh(Executive Officer, Director, Promoter)Evan Justason(Chief Executive Officer)inKumaran Thillainadarajah(Chief Technology Officer)inRyan Proudfoot(Chief Product Officer)inJohn Tourlas(Chief Commercial Officer)inFelipe Chibante(Executive Officer)
Co-investorsEast Valley VenturesRho VenturesBDC Venture Capital
Versos connects to existing cloud storage (S3, Cloudflare, etc.) to analyze, structure, and make large video libraries searchable at the file and frame level, then builds and delivers AI-ready datasets against granular training specifications.
AI & Machine LearningData & InfrastructureMedia & Entertainment
Chris Keevillin
Co-investorsEast Valley VenturesIsland CapitalIsland Capital PartnersRiSC Capital Corp
Portfolio news
latest coverage across their companiesElle, MD · femtechinsider.com · Jul 27, 2026
Kognitiv Spark · trysignalbase.com · May 12, 2026
Versos · entrevestor.com · Dec 3, 2025
ClinicGlide · entrevestor.com · Oct 26, 2025
Beauceron Security · bitscale.ai · Oct 7, 2025
Frequently asked questions
- How many investments has New Brunswick Innovation Foundation made?
- New Brunswick Innovation Foundation has 9 tracked investments, including 1 dated in the last 24 months.
- 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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