💡 Eigen Innovations Inc., an NBIF portfolio company led by CEO Erin Barrett, has successfully raised $2.6M in its latest funding round. NBIF contributed $500K to the round, with additional support from BDC's Women in Technology Venture Fund, Momenta Ventures, and other investors. This funding will fuel the expansion of Eigen's AI-powered in-line inspection technology, which leverages thermal imaging for enhanced performance. Read more: https://lnkd.in/eHUiqXUr Jeff White, FCPA,CA, ICD.D, NBIF CEO joined Eigen’s board earlier this year and played a pivotal role in helping Eigen raise this round. “From our intitial investment in 2014, we recognized the incredible potential Eigen Innovations holds. Their technology is transformative, their customer base is expanding, and the market opportunities are vast. We are proud to support their journey toward revolutionizing manufacturing inspection solutions.” Eigen is revolutionizing the world of advanced manufacturing with its AI-driven industrial inspection and automation solutions. This new capital will help accelerate their growth and expand their AI-enabled thermal inspection technology, addressing the complex challenges of automating in-line inspections where other solutions often fall short. Expect to hear more about Fredericton-based company as Eigen continues to push the boundaries of innovation in the advanced manufacturing sector #NBIF #Innovation #AdvancedManufacturing #AI #Investment #TechStartups #EigenInnovations #NewBrunswick
New Brunswick Innovation Foundation
Venture Capital and Private Equity Principals
Fredericton, New Brunswick 10,939 followers
We help New Brunswick innovators take their ideas further.
About us
An independent, private organization focused on venture capital and research funding. We help New Brunswick innovators solve globally relevant problems through research, solid advice and access to capital. We always represent the best interests of our portfolio. By leveraging their successes, we reinvest strategically to create new opportunities for New Brunswick. For more information, please visit www.nbif.ca.
- Website
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http://www.nbif.ca
External link for New Brunswick Innovation Foundation
- Industry
- Venture Capital and Private Equity Principals
- Company size
- 11-50 employees
- Headquarters
- Fredericton, New Brunswick
- Type
- Privately Held
- Founded
- 2003
- Specialties
- Venture Capital, lnnovation, Entrepreneurship, BAI, Commercialization, and Business Innovation
Locations
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Primary
40 Crowther Lane
110
Fredericton, New Brunswick E3C 0J1, CA
Employees at New Brunswick Innovation Foundation
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Cathy Simpson
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Jeff White, FCPA,FCA, ICD.D
CPA CEO driving innovation and growth in New Brunswick
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Paul Thornton
Innovation Partnerships Manager at New Brunswick Innovation Foundation
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Angela Pyne
Brand & Marketing Enthusiast | Wallace McCain Institute, SEP14 Developing Human Resources Management professional
Updates
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We need YOUR help to decide New Brunswick's Most Innovative Startup! Do you know a groundbreaking startup that's making waves? Now's your chance to shine the spotlight on them! Nominate a startup today and let’s celebrate the boldest ideas shaping our future. 👇 https://lnkd.in/gM842ssv Check out NBIF portfolio company and last years The Most Innovative Startup winner Picketa Systems featured in this sweet profile video. #Innovation #Startups #NewBrunswick #Tech #Entrepreneurship #InnovateNB
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We need YOUR help to decide New Brunswick's Most Innovative Startup! Do you know a groundbreaking startup that's making waves? Now's your chance to shine the spotlight on them! Nominate a startup today and let’s celebrate the boldest ideas shaping our future. 👇 https://lnkd.in/gM842ssv Check out NBIF portfolio company and last years the Most Innovative Startup winner Picketa Systems featured in this sweet profile video. #Innovation #Startups #NewBrunswick #Tech #Entrepreneurship #InnovateNB
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Last year, NBIF portfolio company SmartSkin Technologies took home InnovateNB's Economic Impact Through Innovation Award! Now it's your turn to nominate a trailblazer for this year's award. 🌟Who will be the next game-changer? Submit your nominations before Tuesday, October 15th at 5:00 pm (Atlantic) and check out Smartskin's inspiring video here. Let’s celebrate the innovations shaping New Brunswick's future! Nominate here: #InnovateNB #EconomicImpact #Innovation #NBStartups #Nominations
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Exciting times at the Elevate Festival in Toronto! Jeff White, FCPA,CA, ICD.D and Laïla Thériault had another productive, insightful day connecting with industry leaders and innovators, exploring ways to further strengthen New Brunswick’s innovation ecosystem. It was absolutely amazing to connect with Kara LeBlanc and Agunbiade Seun Richards. MBA! We’re more confident than ever that New Brunswick can tackle challenges head-on and fuel economic growth. A key takeaway? A digital mindset is crucial—it’s shaping industries, startups, education, and beyond. Founders, align early with your investors on growth strategies and value creation. Execution is everything, and with generative AI here to stay, it’s time to embrace the future. #ElevateFestival #InnovationEcosystem #DigitalMindset #GenerativeAI #Startups #EconomicGrowth #NBInnovation #Founders #TechFuture #NBIF
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🚀 Nominations for the 2024 InnovateNB Awards are still open! Two weeks in, and we’ve already seen some amazing nominations—but we know there are more innovators out there waiting to be recognized! If you haven’t submitted your nomination yet, now is the time. There are 10 categories celebrating the people and ideas shaping the future of New Brunswick. Deadline: Tuesday, October 15th, 5:00 PM (Atlantic) Explore the categories and nominate here: https://lnkd.in/gM842ssv Let’s continue to highlight the incredible talent in our province! #InnovateNB #Innovation #NBIF #NewBrunswick #FutureOfInnovation
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NBIF CEO Jeff White, FCPA,CA, ICD.D recently attended the 2024 Global Ecosystem Summit in Toronto. A great opportunity to learn more about trends in business accelerators and incubators to help support and grow the number of startups in New Brunswick. Check out his insights 👇
Insightful day at the 2024 Global Ecosystem Summit in Toronto hosted by Elevate NorthGuide and Startup Genome. The discussions reinforced for me that innovation requires ambition and urgency and a system level connected ecosystem. As global trends shift - from pandemics to climate change - they unlock breakthrough opportunities, and New Brunswick is all about turning that ambition into tangible gains and impact.
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💡 Do you know a New Brunswick company with an innovative product or service? Nominate them today for this years InnovateNB Celebration and Awards: https://lnkd.in/gxksw9eZ Check out last year’s winner, PLAEX Building Systems Inc., an NBIF portfolio company that took home the Most Innovative Product or Service award. Who will be next? Nominations are open until Tuesday, October 15th at 5:00 pm (Atlantic). Find more details here: https://lnkd.in/gM842ssv
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🎉 Get your tickets for the InnovateNB Celebration & Awards in Moncton on November 13! Early bird pricing is available until October 9. This is New Brunswick's business and innovation can't-miss event, and tickets have sold out quickly in the past—so act fast! 🔗 Purchase your tickets here: https://hubs.li/Q02R6Cdm0 Let’s celebrate the future of innovation together! #InnovateNB #Innovation #NBIF #NewBrunswick #FutureOfInnovation
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In recognition of National Day for Truth & Reconciliation, the NBIF offices will be closed on Monday, September 30th. National Day for Truth & Reconciliation is a significant opportunity to reflect on the history of Indigenous peoples in Canada and to commit to ongoing reconciliation efforts. Our team is committed to learning more about the history of Indigenous peoples and the 94 Calls to Action, and participating in Indigenous led initiatives and storytelling. We commit to creating space for Indigenous voices, culture, and contribution to the future of innovation in New Brunswick. #NDTR #everychildmatters #indigenousvoices #indigenousculture