New Brunswick Innovation Foundation - aVenture Asset Manager Research
Location
Fredericton, New Brunswick, CA
Founded
2003
New Brunswick Innovation Foundation (NBIF) focuses on promoting entrepreneurship in New Brunswick, Canada, through venture capital investments and funding applied research. The foundation primarily invests in early-stage startups, companies expanding into new markets, and businesses leveraging R&D for innovation. NBIF typically participates in seed rounds, with occasional involvement in later stages.
Notable portfolio companies include Sonrai Security, TrojAI, and Passiv. NBIF manages $120 million and leverages an additional $310 million from other sources. The foundation offers support to entrepreneurs in building global tech firms and partners with other investors to build venture capital in the region. NBIF also provides an Early Stage Commercialization Fund to help commercialize research from New Brunswick universities and colleges.
Portfolio Snapshot
Portfolio activity breakdown across disclosed investments and stages