New Brunswick Innovation Foundation

The New Brunswick Innovation Foundation (NBIF), established in 2003 and based in Fredericton, Canada, is a non-profit organization dedicated to fostering innovation and commercialization in the province. NBIF provides venture capital and research funding specifically for small and mid-sized startups, addressing the funding gap that many innovative projects face due to perceived risks by traditional financial institutions. Unlike conventional lenders, NBIF invests in the equity of companies and connects funding to intellectual property rights, thereby facilitating commercialization efforts. With a management portfolio of $40 million, the foundation's investments have enabled researchers and companies to secure over $160 million in additional capital. NBIF aims to enhance New Brunswick's capacity for innovation across five strategic industries by supporting applied research, recruiting top research talent, and encouraging collaboration with other investors and industry partners.

Jaime Christian

Investment Manager

Peter Goggin

Director of Investments

Jeff White

CEO

112 past transactions

Soricimed

Grant in 2022
Soricimed is a privately-held, clinical-stage company dedicated to developing and commercializing innovative cancer treatments derived from a proprietary family of peptides found in the paralytic venom of the northern short-tailed shrew. The company focuses on a selective calcium channel that is abundant on the surface of solid tumor cancer cells, which plays a critical role in tumor growth, metastasis, and resistance to programmed cell death. By targeting this channel, Soricimed aims to induce apoptosis, inhibit cell proliferation, and reduce tumor volume, all while minimizing the side effects commonly associated with conventional chemotherapy.

Kognitiv Spark

Series A in 2022
Kognitiv Spark Inc. is a Canadian company specializing in mixed reality software, founded in 2016 and based in Fredericton. The company’s primary product, RemoteSpark, is a cloud-based application that enhances remote support for technicians by enabling real-time communication with experts through tablets, phones, laptops, and HoloLens headsets. This secure and reliable tool allows technicians to receive guidance on complex tasks while accessing holographic instructional materials, improving task execution and reducing equipment downtime. Kognitiv Spark also offers HIDE, a platform for developing immersive training scenarios. The company serves industries such as aerospace, defense, and security, and is recognized for its ability to facilitate knowledge transfer and minimize expert travel by connecting field technicians with specialists remotely. With advanced capabilities, including holographic IoT integration, RemoteSpark operates effectively even in low-bandwidth environments, demonstrating a commitment to enhancing operational efficiency and safety in industrial settings.

Alongside

Venture Round in 2022
Alongside Inc. is a Canadian company that offers a web-based software platform designed to streamline the hiring process for employers. Founded in 2012 and based in Moncton, the platform allows employers to create job advertisements, distribute them across multiple job boards with a single click, and manage their hiring pipeline efficiently. It facilitates communication with candidates through bulk messaging templates and provides tools for team collaboration in reviewing applicants. In addition to its core offerings, Alongside develops custom solutions tailored to the specific hiring needs of companies. The organization, previously known as Qimple Inc., rebranded in September 2016.

Potential

Seed Round in 2022
Potential Motors Inc. is a Canadian software company focused on enhancing automobile safety and performance through artificial intelligence. Founded in 2018 and based in Hanwell, the company has developed RallyAI, an advanced software platform designed to provide exceptional vehicle control. This system acts as an intermediary between the driver and the vehicle, utilizing real-time data to adapt to changing conditions and improve driving capabilities. RallyAI enhances vehicle resilience, safety, comfort, and overall driving confidence, setting a new standard in automotive technology.

Brunvalley

Seed Round in 2022
Brunvalley Cloud Solutions Inc. specializes in developing artificial intelligence-driven solutions for the home and auto insurance sectors. Founded in 2017 and based in Quispamsis, Canada, the company offers a software platform that enables self-service access to financing and insurance needs. Brunvalley's AI program facilitates the quoting and policy issuance process by providing insurers with relevant information, allowing potential customers to receive instant quotes and navigate the purchasing process seamlessly. This approach not only enhances the customer experience but also supports insurers in increasing their revenue by streamlining operations and reducing the number of questions clients must answer.

TrojAI

Seed Round in 2022
TrojAI specializes in safeguarding artificial intelligence platforms from adversarial attacks, including data poisoning and model evasion threats. The company focuses on computer vision applications and employs data transformation and model monitoring techniques to enhance the security of AI models while also improving their accuracy and performance. TrojAI offers a secure cloud-based service that includes a forensically tracked archival repository, ensuring customers have a comprehensive solution for protecting their AI technologies. This approach provides clients with both security against potential threats and assurance regarding the integrity of their AI systems.

Terris

Seed Round in 2021
3D Planeta Inc. is a Canadian company based in Fredericton that specializes in developing advanced geo-mapping software for three-dimensional visualization of various terrains, including air, land, and sea. Founded in 2018, the company's technology enables users to select specific points on a map to gain immediate insights into the surrounding terrain, structures, and obstacles, as well as to visualize potential view planes. The software is particularly useful for assessing urgent needs during emergencies and natural disasters, while also aiding in urban development, tourism, and conservation efforts. It delivers photo-realistic 3D imagery that can integrate with modeling platforms to perform real-time predictive analyses of local ecosystems. Additionally, the software assists first responders and security personnel in identifying and mapping essential features such as terrain, structures, tree canopies, lines of sight, and transportation routes, enhancing their operational effectiveness in various scenarios.

HomeSchoolToGo

Grant in 2021
HomeSchoolToGo sells homeschooling software for parents who want to give their children access to international education opportunities.

Brain Tumor Segmentation

Grant in 2021
Brain Tumor Segmentation is working on MRI technology to “segment” brain scans for easier reading and measurement by doctors.

Anessa

Venture Round in 2021
Anessa is a software company focused on the biogas industry, offering advanced software solutions tailored for the management and optimization of anaerobic digestion plants. Their products include project modeling software that provides tools for simulation and assessment, allowing clients to effectively plan and operate these facilities. Anessa's software enables comprehensive analysis in areas such as conversion system selection, greenhouse gas emissions, carbon credits, site selection, and investment sensitivity. By automating waste-to-energy processes, Anessa aims to enhance environmental sustainability through the proliferation of energy projects.

SmartSkin Technologies

Venture Round in 2021
Smart Skin Technologies Inc. is a technology development company based in Fredericton, Canada, with an additional office in Munich, Germany. Founded in 2009, the company specializes in the development and commercialization of a pressure-sensitive skin technology applicable across various sectors. Its primary product, Quantifeel, is a packaging pressure monitoring system designed to measure line pressure and 3D orientation in diverse packaging environments, including glass, cans, and PET. Additionally, Smart Skin Technologies is advancing patent-pending pressure sensing technology for industrial uses and applications in sports, highlighting its commitment to innovation in touch-sensitive materials.

Riddl

Venture Round in 2021
A platform that manages and measures impact investments for companies doing good in the world and those who invest in them. RIDDL is a cloud-based platform that uses artificial intelligence to provide investors with data that could help them determine how to use their investments to effect change related to various causes, including health, poverty, education, climate change, gender equity and others.

Trelent

Pre Seed Round in 2021
Developer of source code documentation software designed to offer writing the docstrings of various forms of external documentation. The company's platform facilitates artificial intelligence to write docstrings and provide analysis of the source code uploaded using sophisticated deep learning models, enabling clients to maintain documentation for backend source code.

TrojAI

Seed Round in 2021
TrojAI specializes in safeguarding artificial intelligence platforms from adversarial attacks, including data poisoning and model evasion threats. The company focuses on computer vision applications and employs data transformation and model monitoring techniques to enhance the security of AI models while also improving their accuracy and performance. TrojAI offers a secure cloud-based service that includes a forensically tracked archival repository, ensuring customers have a comprehensive solution for protecting their AI technologies. This approach provides clients with both security against potential threats and assurance regarding the integrity of their AI systems.

Brunvalley

Seed Round in 2021
Brunvalley Cloud Solutions Inc. specializes in developing artificial intelligence-driven solutions for the home and auto insurance sectors. Founded in 2017 and based in Quispamsis, Canada, the company offers a software platform that enables self-service access to financing and insurance needs. Brunvalley's AI program facilitates the quoting and policy issuance process by providing insurers with relevant information, allowing potential customers to receive instant quotes and navigate the purchasing process seamlessly. This approach not only enhances the customer experience but also supports insurers in increasing their revenue by streamlining operations and reducing the number of questions clients must answer.

MESH/diversity

Seed Round in 2020
MESH/diversity Developer of an organization management platform intended to manage and improve emotional and diversity intelligence.

Potential

Seed Round in 2020
Potential Motors Inc. is a Canadian software company focused on enhancing automobile safety and performance through artificial intelligence. Founded in 2018 and based in Hanwell, the company has developed RallyAI, an advanced software platform designed to provide exceptional vehicle control. This system acts as an intermediary between the driver and the vehicle, utilizing real-time data to adapt to changing conditions and improve driving capabilities. RallyAI enhances vehicle resilience, safety, comfort, and overall driving confidence, setting a new standard in automotive technology.

Terris

Seed Round in 2020
3D Planeta Inc. is a Canadian company based in Fredericton that specializes in developing advanced geo-mapping software for three-dimensional visualization of various terrains, including air, land, and sea. Founded in 2018, the company's technology enables users to select specific points on a map to gain immediate insights into the surrounding terrain, structures, and obstacles, as well as to visualize potential view planes. The software is particularly useful for assessing urgent needs during emergencies and natural disasters, while also aiding in urban development, tourism, and conservation efforts. It delivers photo-realistic 3D imagery that can integrate with modeling platforms to perform real-time predictive analyses of local ecosystems. Additionally, the software assists first responders and security personnel in identifying and mapping essential features such as terrain, structures, tree canopies, lines of sight, and transportation routes, enhancing their operational effectiveness in various scenarios.

FoodByte

Venture Round in 2020
FoodByte Inc. is a Canadian company founded in 2017, specializing in software solutions for food processors to create and manage food safety plans. Its primary offerings include Traceability+, which enables businesses to conduct recalls, track lot codes, and manage inventory, and Standards+, which assists food processors and consultants in developing and monitoring work plans. The platform simplifies the process of compliance by guiding users through the necessary steps to develop tailored food safety plans, generating required documentation, and establishing monitoring requirements to ensure adherence. By eliminating the reliance on paper-based documentation and integrating standard operating procedures, including hazard analysis critical control point plans, FoodByte allows food manufacturers to prioritize production and growth while upholding safety and regulatory standards.

TotaliQ

Seed Round in 2020
TotaliQ Technology Inc. is a Canadian company that specializes in developing knowledge-sharing software aimed at enhancing collaboration among employees. Founded in 2016 and based in St. John's, the company’s platform enables organizations to efficiently harness the collective expertise of their workforce, addressing the common challenge of knowledge accessibility. The software facilitates cross-training and experience sharing, allowing for better project planning through an intelligent inventory of expertise. Key features include various content capture methods, social knowledge sharing, and artificial intelligence-assisted planning, which ensures that the most relevant information reaches users directly. Additionally, TotaliQ has developed a software solution focused on occupational health and safety, providing organizations with crucial expertise to protect employees, particularly in the context of the COVID-19 pandemic.

Snap Accounts Payable Company

Venture Round in 2020
SnapAP has developed a solution that automates the accounts payable process – the process a company uses to pay the money it owes to customers and lenders.

safa

Venture Round in 2020
Safa is a company based in St. John's, Canada, founded in 2018, that specializes in an online artificial intelligence platform focused on employee retention. Its innovative platform combines smart data, predictive algorithms, and principles of industrial-organizational psychology to assist organizations in recruiting suitable candidates for various positions. The platform offers tools for calculating employee break-even points and analyzing historical and projected turnover costs. By leveraging these capabilities, Safa enables companies to predict employee attrition, understand the underlying reasons for potential departures, and implement effective strategies to enhance employee retention.

SiMBi

Venture Round in 2020
SiMBi is a Vancouver-based company that operates a platform offering an audio-visual book library tailored for students and educators. The platform is designed to foster a love for reading among students by providing engaging content and unique motivational incentives. SiMBi distinguishes itself by contributing to the global community, creating a sense of connection and responsibility among its users. This approach not only enhances the reading experience but also encourages students to participate in community-building initiatives.

TROES

Seed Round in 2020
TROES is a Canadian company to develop smart power energy storage technologies, products, and solutions in a 170 Billion market to help middle-market project developers, power distributors, and power consumers to unlock numerous project opportunities with considerable payback which are not existed previously due to high project cost, lack of expertise and low development efficiency by using our patented modularized energy storage hardware and software.

Concrete Ventures

Venture Round in 2020
Founded in 2019, Concrete Ventures is a venture capital investment firm based in Halifax, Canada. The firm prefers to invest in software and internet businesses based in Canada.

Bloxo

Non Equity Assistance in 2020
Bloxo gives anyone the power to organize pickup activities, with current friends or friends that have not yet been met. We provide organizers with the tools to bring together both players and facilities to host fantastic pickup sports games. Our mission is a world where everyone plays sports and lives a healthy lifestyle. https://www.instagram.com/bloxo.co/ Our team is now comprised of 8 members, some full and part time. We will be officially launching in March 2020! After we master pickup sports we will expand into other markets which we are currently prototyping. Find us on the App store for IOS or the Google play store Current Non-Dilutive funding: Volta Labs 25k National research council 30k RBC talent hub 10k Venture for Canada 2.5k

Soricimed

Grant in 2020
Soricimed is a privately-held, clinical-stage company dedicated to developing and commercializing innovative cancer treatments derived from a proprietary family of peptides found in the paralytic venom of the northern short-tailed shrew. The company focuses on a selective calcium channel that is abundant on the surface of solid tumor cancer cells, which plays a critical role in tumor growth, metastasis, and resistance to programmed cell death. By targeting this channel, Soricimed aims to induce apoptosis, inhibit cell proliferation, and reduce tumor volume, all while minimizing the side effects commonly associated with conventional chemotherapy.

Global Intelligence

Venture Round in 2020
Global Intelligence provides solutions to build and create narrative cases for Law Enforcement, Intelligence Communities, and Big Data Companies, by going broader and deeper while treating the crimes being investigated as a business supply chain methodology.

Elandas

Venture Round in 2020
Elandas is an award winning developer of Market Access Excellence Solutions used by some of the fastest growing pharma brands in the US. For over a decade, Elandas has been supporting high priority brands with technology that allows them to capitalize on the knowledge of their own teams and close information gaps that were previously costing time and market share. Intuitive and highly configurable, the Elandas Platform is ideally suited for Market Access optimization, but it is easily adapted for other commercial uses where cross-functional data sharing needs are high. Intelligent workflow technology makes their solutions unique and highly desirable in the industry allowing Market Access and other commercial teams to speed up processes and gain huge efficiencies with minimal effort.

Sensi.Ai

Pre Seed Round in 2019
Clanz developed an audio-based solution, that is able to learn the routine in at-risk environments, detect abnormalities, and send out alerts, which could indicate a possible violent incident or maltreatment.

Gray Wolf

Pre Seed Round in 2019
Gray Wolf is a blockchain intelligence company that is fighting Cryptocurrency crime and empowering its AML. Given the distributed nature of cryptocurrencies, a strongly effective way to combat its illegal use is to work together and collaborate as an industry on data, problems, and solutions to crypto AML. There is currently no infrastructure in place to efficiently and securely do this. Gray Wolf has developed this infrastructure and works with select organizations to securely develop an attribution data bank for address and wallet service labels (ransomware, exchange, dark web), combine this databank with blockchain transaction data at scale to develop heuristics and AI to reduce AML, communicate real-time on crypto issues and hacks, and generate a secure enterprise knowledge base of blockchain and Crypto AML that multiple organizations can learn from and contribute to.

Terris

Seed Round in 2019
3D Planeta Inc. is a Canadian company based in Fredericton that specializes in developing advanced geo-mapping software for three-dimensional visualization of various terrains, including air, land, and sea. Founded in 2018, the company's technology enables users to select specific points on a map to gain immediate insights into the surrounding terrain, structures, and obstacles, as well as to visualize potential view planes. The software is particularly useful for assessing urgent needs during emergencies and natural disasters, while also aiding in urban development, tourism, and conservation efforts. It delivers photo-realistic 3D imagery that can integrate with modeling platforms to perform real-time predictive analyses of local ecosystems. Additionally, the software assists first responders and security personnel in identifying and mapping essential features such as terrain, structures, tree canopies, lines of sight, and transportation routes, enhancing their operational effectiveness in various scenarios.

MESH/diversity

Seed Round in 2019
MESH/diversity Developer of an organization management platform intended to manage and improve emotional and diversity intelligence.

Patchell Brook Equity Analytics

Venture Round in 2019
Patchell Brook Equity Analytics Inc. specializes in developing software tools that assist clients in evaluating the valuation and performance of publicly traded companies. Founded in 2016 and based in Miramichi, Canada, the company offers its flagship platform, StockCalc, which includes features for querying, backtesting valuation scenarios, forecasting financial statements, and creating portfolios of undervalued stocks. Additionally, the platform provides a variety of analytical tools such as Top Picks, Stock Screener, and Quick Discounted Cash Flow, enabling users to conduct comprehensive financial analysis. The inclusion of a fully functional programming language allows for advanced customization and collaborative valuation efforts among users. Patchell Brook is committed to enhancing the financial analysis capabilities of its clients through its innovative software solutions.

Stash Energy

Seed Round in 2019
Stash Energy Inc. specializes in designing and developing innovative energy storage solutions, particularly focusing on thermal energy storage integrated with heat pumps. Founded in 2015 and based in Hanwell, Canada, the company has created a ductless heat pump that incorporates built-in thermal energy storage. This unique system allows users to store energy during non-peak periods, effectively reducing costs by minimizing reliance on expensive peak power. Stash Energy's thermostat empowers electric utilities and distributed energy resource aggregators with enhanced control over heating and air-conditioning demand, facilitating better peak-shifting strategies. By optimizing energy use, Stash Energy aims to improve efficiency for consumers and utility providers alike, promoting cost savings and contributing to lower carbon dioxide emissions.

ProcedureFlow

Venture Round in 2019
ProcedureFlow is a subscription-based software-as-a-service (SaaS) platform that offers a cloud-based workflow management solution for organizations. The platform enables users to create and visualize complex operating procedures through small, hyperlinked flowcharts, providing step-by-step instructions that are easy to follow. By integrating information with the expertise of senior employees, ProcedureFlow helps train staff more effectively, ensuring they have immediate access to essential information. This approach not only enhances employee proficiency and confidence but also streamlines the management of processes, policies, and procedures, facilitating better organizational performance.

Quber

Venture Round in 2019
Quber Technologies Inc. is a Canadian company that develops a mobile application focused on personal finance management. Founded in 2016 and headquartered in Moncton, the application provides users with insights into their spending by analyzing their bank account activity. It employs smart algorithms to track savings over different timeframes, recommend budget goals, and create tailored expenditure plans based on individual income and spending habits. By helping users set specific savings goals, Quber encourages them to manage their finances effectively and prioritize essential expenditures. Additionally, the platform rewards users for saving money through vouchers that can be redeemed at partner locations, further incentivizing responsible financial behavior.

SomaDetect

Seed Round in 2019
SomaDetect Inc. is an agricultural technology company based in Fredericton, Canada, that focuses on providing dairy farmers with real-time analytics of milk components. Founded in 2016, the company has developed advanced sensor technology capable of measuring critical indicators such as fat content and somatic cell counts in milk. This innovative system enables farmers to conduct automated analysis without the need for chemicals or consumables, allowing them to identify issues early, manage herd health, and optimize milk quality. By delivering detailed insights during every milking, SomaDetect supports farmers in making informed decisions that enhance production while reducing unnecessary antibiotic use and ensuring high-quality milk enters the bulk supply.

SmartSkin Technologies

Venture Round in 2019
Smart Skin Technologies Inc. is a technology development company based in Fredericton, Canada, with an additional office in Munich, Germany. Founded in 2009, the company specializes in the development and commercialization of a pressure-sensitive skin technology applicable across various sectors. Its primary product, Quantifeel, is a packaging pressure monitoring system designed to measure line pressure and 3D orientation in diverse packaging environments, including glass, cans, and PET. Additionally, Smart Skin Technologies is advancing patent-pending pressure sensing technology for industrial uses and applications in sports, highlighting its commitment to innovation in touch-sensitive materials.

eChart Healthcare

Seed Round in 2019
eChart Healthcare Inc., founded in 2016 and based in Fredericton, Canada, specializes in developing a digital patient charting platform that enhances the quality of care in healthcare facilities. The company’s software includes an Electronic Medication Administration Recording (e-MAR) system, which allows staff, families, and operators to access real-time client information, ensuring that residents receive the correct medications. This system replaces traditional written reports, promoting a healthier work environment while improving operational efficiency. Additionally, eChart's platform offers comprehensive data on medication, vital signs, meals, activities, and mood tracking, facilitating consistent patient care and effective management of facilities and staff. The platform also provides reports in both English and French, ensuring that families can stay informed and engaged in their loved ones' care. By safeguarding sensitive client data, eChart Healthcare fosters a connected care model that enhances collaboration among caregivers and families.

TurboPlay

Pre Seed Round in 2019
The world's most rewarding, personalized video games marketplace. TurboPlay successfully blends technology and ideas to create novel products and solutions for ecommerce, marketplace, distribution and gaming industries.

Side Door

Seed Round in 2019
Developer of a virtual booking platform designed to help artists, hosts and audiences to make venues out of any space. The company's platform connects hosts to artists and provides booking and ticketing as well as builds direct connections and simplifies the show-booking process with easy and transparent digital tools, enabling performers to create shows anytime, anywhere, on their own terms.

ReelData

Seed Round in 2019
ReelData AI develops artificial intelligence software specifically designed for aquaculture, focusing on monitoring finned fish. The company's technology enables fish farms to assess biomass, monitor sea lice, and evaluate fish health in real-time. By providing insights into weight distributions, feeding patterns, and growth, ReelData AI's solutions help optimize fish health and reduce feed consumption. Established in 2019 and headquartered in Halifax, Canada, ReelData AI is committed to enhancing operational efficiency within the aquaculture industry.

Porpoise

Venture Round in 2019
Porpoise is an employee engagement platform designed to assist companies in automating their corporate responsibility initiatives. The platform enables organizations to recognize, capture, and amplify the social impact of their employees, providing valuable content for marketing campaigns and essential data for HR managers to track engagement programs. By connecting employees with shared interests and passions, Porpoise fosters a collaborative environment where individuals can challenge one another and receive recognition from peers and management. This approach not only enhances employee engagement but also supports retention and recruitment efforts, allowing companies to focus on maximizing their social impact while minimizing administrative burdens.

FundMetric

Seed Round in 2019
Fundmetric Inc. is a Canadian company that operates a donor management and communication platform aimed at addressing the challenges faced by fundraising organizations, particularly the issue of donor retention. Founded in 2013 and based in Halifax, the company employs analytics and predictive modeling to enhance the understanding of donor relationships with non-profits and charities. Its software-as-a-service platform enables organizations to segment and track donors, automate personalized communications, and analyze constituent behaviors. By providing tools that alert fundraisers to stewardship opportunities and automate routine tasks, Fundmetric allows organizations to focus their efforts on high-value donors while effectively managing the broader donor base. The platform also facilitates the acceptance of gifts and generates automated receipts, ultimately helping charities maximize lifetime giving and improve the predictability of their revenue streams.

Inversa Systems

Venture Round in 2019
Inversa Systems Limited is an engineering company based in Fredericton, Canada, specializing in asset integrity management through innovative imaging technologies. Founded in 2003, the company develops backscatter computed tomography (BCT) systems that provide detailed imaging of various materials, allowing for the assessment of structural integrity in civil infrastructure, oil and gas, and other sectors. Inversa's BCT technology facilitates the mapping of relative density, making it effective for applications such as analyzing corrugated metal pipes, measuring wall thickness in insulated vessels, and monitoring corrosion in composite wrap repairs. The company addresses previously unmet inspection challenges by integrating unique diagnostic tools with conventional assessment methods, delivering comprehensive solutions tailored to the needs of its clients.

The Black Arcs

Seed Round in 2019
The Black Arcs is a company based in Fredericton, Canada, that specializes in developing a web-based video game platform for civic engagement through transit simulation. This platform allows citizens to interactively engage with vital land-use decisions, such as transit routes and school placements, by creating and comparing their own scenarios within a virtual city. By providing a straightforward interface, the platform helps citizens understand complex urban issues while enabling consultants, developers, and government officials to connect with a broader range of community members. Additionally, policymakers can utilize the insights gathered from these virtual interactions to inform better land-use and real estate planning decisions.

Rise

Venture Round in 2019
Rise Home Designs Inc. is an information technology company based in Fredericton, Canada, that operates an online platform connecting homeowners, home improvement professionals, and retailers. Founded in 2015, the company facilitates exploration of sustainable home building options by providing access to a curated selection of products across various categories such as appliances, lighting, and landscaping. Users can discover rebates and incentives while professionals showcase their portfolios to attract new clients. Rise aims to make sustainable home improvement more accessible and engaging, addressing barriers like cost and availability of incentives. By fostering an online community, the company seeks to transform the residential construction landscape, encouraging better building practices that align with modern standards.

Anessa

Venture Round in 2019
Anessa is a software company focused on the biogas industry, offering advanced software solutions tailored for the management and optimization of anaerobic digestion plants. Their products include project modeling software that provides tools for simulation and assessment, allowing clients to effectively plan and operate these facilities. Anessa's software enables comprehensive analysis in areas such as conversion system selection, greenhouse gas emissions, carbon credits, site selection, and investment sensitivity. By automating waste-to-energy processes, Anessa aims to enhance environmental sustainability through the proliferation of energy projects.

Riddl

Grant in 2019
A platform that manages and measures impact investments for companies doing good in the world and those who invest in them. RIDDL is a cloud-based platform that uses artificial intelligence to provide investors with data that could help them determine how to use their investments to effect change related to various causes, including health, poverty, education, climate change, gender equity and others.

Canum Nanomaterials

Grant in 2019
Canum Nanomaterials is a carbon nanomaterials manufacturing company. They produce high-quality fullerenes for distribution to manufacturers and researchers across the globe.

Sonrai Security

Series A in 2019
Sonrai Security Inc. offers an enterprise identity and data governance platform designed for cloud and security teams, focusing on AWS, Azure, Google Cloud, and Kubernetes. The Sonrai Dig platform utilizes a sophisticated graph to identify and monitor relationships between identities and data within an organization's public cloud. This enables security and DevOps leaders to address data threats, ensure compliance, and enhance operational efficiency. The platform includes a Governance Automation Engine that streamlines workflows, remediation, and preventive measures across cloud and security teams. Founded in 2017 and headquartered in New York, Sonrai Security serves a diverse range of sectors, including education, financial services, healthcare, and telecommunications, among others.

Pfera

Venture Round in 2019
Pfera specializes in a birth prediction tool designed for horse owners managing the breeding process. This innovative system estimates the timing of a pregnant mare's foaling by analyzing her milk chemistry. The device can analyze multiple milk samples from various mares, providing real-time predictions displayed on an attendant's smartphone. Target customers include horse breeders, foaling attendants, and veterinarians, allowing them to make informed decisions regarding the care of pregnant mares. Pfera's technology enhances the efficiency and effectiveness of horse breeding management.

SmartSkin Technologies

Venture Round in 2018
Smart Skin Technologies Inc. is a technology development company based in Fredericton, Canada, with an additional office in Munich, Germany. Founded in 2009, the company specializes in the development and commercialization of a pressure-sensitive skin technology applicable across various sectors. Its primary product, Quantifeel, is a packaging pressure monitoring system designed to measure line pressure and 3D orientation in diverse packaging environments, including glass, cans, and PET. Additionally, Smart Skin Technologies is advancing patent-pending pressure sensing technology for industrial uses and applications in sports, highlighting its commitment to innovation in touch-sensitive materials.

Beauceron Security

Seed Round in 2018
Beauceron Security Inc. is a cybersecurity firm based in Fredericton, Canada, founded in 2015. The company offers a software-as-a-service platform that focuses on measuring, managing, and monitoring human-centric cyber risk. Its platform provides comprehensive tools, including metrics and key risk indicators, allowing managers and executives to assess cyber risks effectively. Beauceron integrates with various single-sign-on systems and user directories, facilitating streamlined access to its services. The platform also features a real incident capture tool, automated phishing simulations, and a cybersecurity awareness course designed to educate users on identifying and avoiding social engineering attacks. Additionally, Beauceron provides scoring systems that generate cyber risk scores for organizations and their departments, transforming cybersecurity into a management opportunity that empowers individuals and organizations to make informed decisions regarding their cyber risk.

Eyesover

Venture Round in 2018
Eyesover Technologies Inc. is a software as a service (SaaS) company based in Fredericton, Canada, specializing in online media monitoring and issue discovery. Founded in 2014, it provides a platform that leverages artificial intelligence to identify emerging trends and relevant online discussions in real-time. This allows clients, including political parties, utilities, and both public and private sector organizations, to monitor critical issues and manage their reputations effectively. The software offers features such as industry intelligence, issues management, and real-time alerts, as well as capabilities for micro-targeted online advertising and public opinion measurement. By focusing on real-time insights rather than traditional keyword-based searches, Eyesover enables clients to navigate crises and respond to public sentiment proactively.
The University of New Brunswick (UNB) is one of Canada's oldest English-language universities and one of the first public universities established in North America. Founded in 1785, the multi-campus institution is home to over 60 research centres and institutes, groups and ongoing projects. The university offers over 75 undergraduate and graduate programs in 14 faculties to more than 10,500 students at campuses in Fredericton and Saint John from more than 100 countries, and several thousand more take UNB courses online and at partner institutions around the world. As the largest research institution in New Brunswick, UNB conducts more than 75 per cent of the province’s university research.

SomaDetect

Seed Round in 2018
SomaDetect Inc. is an agricultural technology company based in Fredericton, Canada, that focuses on providing dairy farmers with real-time analytics of milk components. Founded in 2016, the company has developed advanced sensor technology capable of measuring critical indicators such as fat content and somatic cell counts in milk. This innovative system enables farmers to conduct automated analysis without the need for chemicals or consumables, allowing them to identify issues early, manage herd health, and optimize milk quality. By delivering detailed insights during every milking, SomaDetect supports farmers in making informed decisions that enhance production while reducing unnecessary antibiotic use and ensuring high-quality milk enters the bulk supply.

Stash Energy

Seed Round in 2018
Stash Energy Inc. specializes in designing and developing innovative energy storage solutions, particularly focusing on thermal energy storage integrated with heat pumps. Founded in 2015 and based in Hanwell, Canada, the company has created a ductless heat pump that incorporates built-in thermal energy storage. This unique system allows users to store energy during non-peak periods, effectively reducing costs by minimizing reliance on expensive peak power. Stash Energy's thermostat empowers electric utilities and distributed energy resource aggregators with enhanced control over heating and air-conditioning demand, facilitating better peak-shifting strategies. By optimizing energy use, Stash Energy aims to improve efficiency for consumers and utility providers alike, promoting cost savings and contributing to lower carbon dioxide emissions.

Avrij Analytics

Venture Round in 2018
Avrij Analytics Inc. is a technology company based in Fredericton, Canada, that specializes in developing software platforms for sports organizations. Founded in 2016 by a team of data scientists and sports management professionals, the company leverages over 25 years of experience in mathematical algorithms to enhance the evaluation of athlete performance. Avrij Analytics aims to revolutionize the scouting process by providing tools that track, monitor, and predict athletes' off-field behavior, thereby protecting their personal brand. The company focuses on integrating data-driven insights into sports management, enabling organizations to make informed decisions regarding athlete evaluation and development.

Resson

Series C in 2018
Resson Aerospace is a bioinformatics and data analytics company, delivering customized agriculture solutions for large corporate clients. Utilizing recent advances in large-scale cloud-based data processing, swarm robotics, and advanced data analytics, its proprietary Resson Agricultural Management and Analytics System gives the agricultural operator analytical insight and dynamic control over the farm area. Resson Aerospace’s Resson Agricultural Management and Analytics System, data-driven agriculture solution, analyzes crop metrics to assess crop status and health, providing operators with the information required to optimize agricultural operations, improve efficiency, boost yields, and maximize profitability. It is headquartered in Fredericton, N.B.

AVSS

Seed Round in 2018
AVSS - Aerial Vehicle Safety Solutions Inc. develops parachute recovery systems for commercial drones. It offers DJI M200 Series, Aeryon Labs / FLIR SkyRanger, and Parachute Pods that enables enables users to launch a spring-deployed parachute and replace onsite while not requiring end users to incur downtime expenses by needing to ship the system across the world for repacking. The company was founded in 2017 and is based in Rothesay, Canada.

Itavio

Seed Round in 2018
Itavio operates a platform designed to enhance the relationship between gaming studios, parents, and young gamers. Its application enables parents to set spending limits for their children, providing them with a hands-free allowance system while allowing them to monitor gameplay habits and achievements. This facilitates a cooperative environment where parents can engage positively with their children's gaming activities, alleviating concerns about spending and content. For gaming studios, Itavio offers insights into player behavior and purchasing potential, enabling them to refine their monetization strategies and foster better relationships with parents. By combining these features, Itavio aims to address the challenges of the free-to-play gaming model, creating a more informed and supportive gaming ecosystem.

Jaza

Seed Round in 2018
Jaza Energy Inc. specializes in developing integrated solar energy solutions for off-grid communities. Founded in 2015 and based in Halifax, Canada, the company designs and constructs central solar energy hubs that offer affordable and reliable electricity access to hundreds of households. These hubs charge portable battery packs, which residents use to power essential devices such as lights and phones. Additionally, the energy hubs provide electricity to anchored loads, including water systems, shops, schools, and other community infrastructure. By eliminating the need for kerosene and reducing travel for charging devices, Jaza Energy aims to enhance the quality of life in underserved areas by creating a sustainable network of renewable energy resources.

EhEye

Seed Round in 2018
EhEye specializes in public safety and video surveillance by using analytics and artificial intelligence.

Soricimed

Venture Round in 2018
Soricimed is a privately-held, clinical-stage company dedicated to developing and commercializing innovative cancer treatments derived from a proprietary family of peptides found in the paralytic venom of the northern short-tailed shrew. The company focuses on a selective calcium channel that is abundant on the surface of solid tumor cancer cells, which plays a critical role in tumor growth, metastasis, and resistance to programmed cell death. By targeting this channel, Soricimed aims to induce apoptosis, inhibit cell proliferation, and reduce tumor volume, all while minimizing the side effects commonly associated with conventional chemotherapy.

Trip Ninja

Pre Seed Round in 2017
Trip Ninja Inc. is a travel management company based in Halifax, Canada, that specializes in optimizing multi-destination trip planning. Founded in 2015, the company offers a platform that allows users to search for and compare trip routes, helping them find the most cost-effective travel options. Trip Ninja serves both consumers directly through its website and travel agencies via an API, positioning itself as a valuable tool for the travel industry. The platform employs advanced algorithms to calculate and suggest optimal travel plans, enabling users to make informed decisions about their itineraries while enjoying competitive pricing.

Stash Energy

Seed Round in 2017
Stash Energy Inc. specializes in designing and developing innovative energy storage solutions, particularly focusing on thermal energy storage integrated with heat pumps. Founded in 2015 and based in Hanwell, Canada, the company has created a ductless heat pump that incorporates built-in thermal energy storage. This unique system allows users to store energy during non-peak periods, effectively reducing costs by minimizing reliance on expensive peak power. Stash Energy's thermostat empowers electric utilities and distributed energy resource aggregators with enhanced control over heating and air-conditioning demand, facilitating better peak-shifting strategies. By optimizing energy use, Stash Energy aims to improve efficiency for consumers and utility providers alike, promoting cost savings and contributing to lower carbon dioxide emissions.

Beauceron Security

Seed Round in 2017
Beauceron Security Inc. is a cybersecurity firm based in Fredericton, Canada, founded in 2015. The company offers a software-as-a-service platform that focuses on measuring, managing, and monitoring human-centric cyber risk. Its platform provides comprehensive tools, including metrics and key risk indicators, allowing managers and executives to assess cyber risks effectively. Beauceron integrates with various single-sign-on systems and user directories, facilitating streamlined access to its services. The platform also features a real incident capture tool, automated phishing simulations, and a cybersecurity awareness course designed to educate users on identifying and avoiding social engineering attacks. Additionally, Beauceron provides scoring systems that generate cyber risk scores for organizations and their departments, transforming cybersecurity into a management opportunity that empowers individuals and organizations to make informed decisions regarding their cyber risk.

Envenio

Venture Round in 2017
Envenio Inc. specializes in developing computational fluid dynamics (CFD) software tailored for various industries, including aerospace, marine design, and renewable energy. Founded in 2010 and headquartered in Fredericton, Canada, the company offers EXN/Aero, a hybrid CPU/GPU engineering fluid simulation software designed for high-performance computing. This software supports a diverse range of applications, such as particle spraying, materials processing, and environmental flow analysis. Envenio's platform features essential tools including meshing, solvers, and post-processing capabilities, making it suitable for both industrial users and CFD service providers. The company emerged to meet the growing demand for efficient, accurate engineering simulations, leveraging advancements in computer hardware to enhance scientific computation capabilities. As of late 2018, Envenio operates as a subsidiary of JUUL Labs, Inc.

Welltrack

Seed Round in 2017
WellTrack is a company based in Fredericton, Canada, that specializes in providing an online platform for on-demand therapy focused on stress, anxiety, and depression. The service aims to enhance access to mental health care, allowing users to seek support in a convenient and timely manner. WellTrack operates as a subsidiary of CyberPsyc Software Solutions, Inc., reflecting its integration within a broader technology and mental health framework.

Newpy

Seed Round in 2017
Newpy Inc. develops an application to see how much someone loves and appreciates their gift as soon as user buys. It offers Newpy, an application that allows digitally wrap the image of a gift user bought, record a personal message that would play as the gift opens and choose when they can open their gift. The company was founded in 2016 and is based in Canada.

RtTech Software

Series A in 2017
RtTech Software develops and markets industrial-grade analytic apps for manufacturing and mining specializing in high cost areas such as operations and energy management. Industrial apps from RtTech Software aggregate machine and sensor data from across the production process and use advanced analytics to provide operational intelligence in context via an intuitive dashboard. The solutions integrate within the areas of the operation with the biggest bottom line impact: asset utilization and utilities consumption. Benefits include the ability to empower operators with real-time intelligence, maximize production capacity, improve product quality, reduce downtime and unplanned shutdowns, and optimize utilities consumption to energy costs. RtTech solutions are deployed in over 67 sites throughout 17 different countries for blue chip companies such as Cargill, BHP Billiton, Barrick Gold, Rio Tinto, and more.

Patchell Brook Equity Analytics

Venture Round in 2017
Patchell Brook Equity Analytics Inc. specializes in developing software tools that assist clients in evaluating the valuation and performance of publicly traded companies. Founded in 2016 and based in Miramichi, Canada, the company offers its flagship platform, StockCalc, which includes features for querying, backtesting valuation scenarios, forecasting financial statements, and creating portfolios of undervalued stocks. Additionally, the platform provides a variety of analytical tools such as Top Picks, Stock Screener, and Quick Discounted Cash Flow, enabling users to conduct comprehensive financial analysis. The inclusion of a fully functional programming language allows for advanced customization and collaborative valuation efforts among users. Patchell Brook is committed to enhancing the financial analysis capabilities of its clients through its innovative software solutions.

Kognitiv Spark

Seed Round in 2017
Kognitiv Spark Inc. is a Canadian company specializing in mixed reality software, founded in 2016 and based in Fredericton. The company’s primary product, RemoteSpark, is a cloud-based application that enhances remote support for technicians by enabling real-time communication with experts through tablets, phones, laptops, and HoloLens headsets. This secure and reliable tool allows technicians to receive guidance on complex tasks while accessing holographic instructional materials, improving task execution and reducing equipment downtime. Kognitiv Spark also offers HIDE, a platform for developing immersive training scenarios. The company serves industries such as aerospace, defense, and security, and is recognized for its ability to facilitate knowledge transfer and minimize expert travel by connecting field technicians with specialists remotely. With advanced capabilities, including holographic IoT integration, RemoteSpark operates effectively even in low-bandwidth environments, demonstrating a commitment to enhancing operational efficiency and safety in industrial settings.

Chinova Bioworks

Pre Seed Round in 2017
Chinova Bioworks Inc. specializes in developing natural antimicrobials for the beverage industry, focusing on enhancing the shelf life of fresh juices. Founded in 2016 and based in Fredericton, Canada, the company utilizes a chitosan polymer derived from fungal-sourced technology, specifically natural fibers from mushrooms. This broad-spectrum preservative effectively protects products from spoilage while remaining a healthy, natural ingredient suitable for use in foods, beverages, cosmetics, and personal care items. By providing manufacturers with a solution to improve product quality and freshness, Chinova Bioworks aims to increase consumer satisfaction and reduce food waste.

Climative

Venture Round in 2016
SimpTek Technologies Inc. specializes in intelligent power management solutions aimed at enhancing energy efficiency for consumers and utility companies. Founded in 2014 and based in Fredericton, Canada, the company offers a software platform that empowers users to gain real-time insights into their energy consumption. Through its Open Learning Environment, SimpTek enables customers to optimize their power usage, allowing them to reduce overall consumption and shift usage to off-peak times. The Nebo dashboard simplifies the energy-saving experience, providing users with a clear understanding of their energy habits and facilitating a more sustainable lifestyle. By bridging the gap between consumers and utilities, SimpTek aims to foster a more efficient and environmentally friendly energy landscape.

Repable

Convertible Note in 2016
Repable, Inc. is an analytics company based in Toronto, Canada, specializing in the gaming industry. Founded in 2015 by Sean Power and Heather Anne Carson, Repable offers a platform designed to provide broadcasters, teams, and enterprises with valuable insights and analytics related to gaming and streaming. The platform utilizes an independent data engine to analyze the entire esports and live game streaming ecosystem, enabling users to comprehend the financial and social repercussions of their daily interactions with fans and the public. Through its services, Repable aims to enhance understanding of the dynamics within the gaming space, ultimately assisting clients in making informed decisions.

Loft1

Seed Round in 2016
Loft1 Inc. is a Canadian company based in Fredericton that specializes in developing a software and mobile application designed to enhance the functionality of traditional whiteboards. Founded in 2014, Loft1's application allows users to create digital notes by writing on a whiteboard, incorporating features such as text addition, highlights, and personal annotations. The software also utilizes handwriting recognition technology to organize and search handwritten notes on users' devices. Additionally, Loft1 enables real-time sharing of notes and live updates with friends and colleagues through social media, making it a comprehensive tool for both personal and business use.

Resson

Series B in 2016
Resson Aerospace is a bioinformatics and data analytics company, delivering customized agriculture solutions for large corporate clients. Utilizing recent advances in large-scale cloud-based data processing, swarm robotics, and advanced data analytics, its proprietary Resson Agricultural Management and Analytics System gives the agricultural operator analytical insight and dynamic control over the farm area. Resson Aerospace’s Resson Agricultural Management and Analytics System, data-driven agriculture solution, analyzes crop metrics to assess crop status and health, providing operators with the information required to optimize agricultural operations, improve efficiency, boost yields, and maximize profitability. It is headquartered in Fredericton, N.B.

TotalPave

Venture Round in 2016
TotalPave is an engineering consulting firm focused on enhancing pavement management through innovative smartphone technology. The company has developed a platform that provides municipalities with objective data on road conditions, including metrics like the Pavement Condition Index and International Roughness Index. By significantly lowering the costs associated with data collection on municipal road networks, TotalPave enables local governments to optimize their paving schedules and make informed decisions regarding infrastructure maintenance. This approach allows for more efficient resource allocation and improved road management, ultimately benefiting communities through better-maintained roadways.

Alongside

Seed Round in 2016
Alongside Inc. is a Canadian company that offers a web-based software platform designed to streamline the hiring process for employers. Founded in 2012 and based in Moncton, the platform allows employers to create job advertisements, distribute them across multiple job boards with a single click, and manage their hiring pipeline efficiently. It facilitates communication with candidates through bulk messaging templates and provides tools for team collaboration in reviewing applicants. In addition to its core offerings, Alongside develops custom solutions tailored to the specific hiring needs of companies. The organization, previously known as Qimple Inc., rebranded in September 2016.

Eigen Innovation

Venture Round in 2016
Eigen Innovations Inc. specializes in developing quality inspection and process control solutions tailored for industrial manufacturers. The company offers the Intellexon platform, a vision analytics tool designed for the industrial Internet of Things, which learns from operator inputs to optimize machine settings. Eigen Innovations also captures video and sensor data from manufacturing processes, analyzing it with Intellexon software. This technology finds application across diverse sectors, including automotive, food processing, construction materials, and mining. Founded in 2012 and headquartered in Fredericton, Canada, Eigen Innovations integrates traditional operational technology with advanced data science and cloud computing. This convergence fosters significant efficiency improvements in manufacturing operations. The company boasts a multi-disciplinary team with expertise in engineering, process control, IT, data science, and deep learning, focused on delivering innovative solutions to tackle complex challenges in industrial manufacturing.

Fiddlehead

Seed Round in 2016
Fiddlehead Technology specializes in predictive forecasting for the food and beverage manufacturing industry. Founded by experienced professionals from Canada's Information Technology sector, the company utilizes prescriptive analytics and machine learning to address complex challenges faced by its clients. Fiddlehead's platform enables businesses to anticipate customer behavior, competitor actions, and category trends, ultimately providing valuable insights for demand planning. By delivering more accurate demand forecasts, Fiddlehead helps clients reduce inventory levels, enhance service delivery, and improve profit margins in a challenging global market.

HotSpot (Road)

Venture Round in 2016
Starting July 12th, 2017, upon download of the HotSpot app on both iOS and Android, new HotSpot users will be given their first bus ride free! HotSpot Parking has changed the way Atlantic Canadians think about commuting. Currently, the four-year-old tech company based in Atlantic Canada offers HotSpot Parking services in Moncton where earlier this year, they launched HotSpot Transit. Taking the leap toward a single app that can transport you by any available means in cities across Atlantic Canada with the introduction of HotSpot Transit. “I think we’re all aware at the rate technology is expanding.” States HotSpot Transit Marketing Manager, Jared Goodman. “It’s just super great to be a part of a company that really get’s that and is looking for ways to innovate that actually benefit people’s lives” HotSpot users can plan trips and track the buses in real time at no cost with the HotSpot app and for just $2 a month, or $20 a year riders of the Codiac Transpo will be able to purchase their bus pass, whether it be a one trip pass or a monthly pass via the innovative HotSpot app on both iOS and Android devices. This fee also allows them to access the parking services at no additional cost. Now with Transit services live in Moncton, users can forget about fumbling for change or trying to find the nearest location to buy a monthly bus pass, it’s all available in the HotSpot app. First-time users, upon download of the app, will be given their first ride for free!

ProcedureFlow

Seed Round in 2015
ProcedureFlow is a subscription-based software-as-a-service (SaaS) platform that offers a cloud-based workflow management solution for organizations. The platform enables users to create and visualize complex operating procedures through small, hyperlinked flowcharts, providing step-by-step instructions that are easy to follow. By integrating information with the expertise of senior employees, ProcedureFlow helps train staff more effectively, ensuring they have immediate access to essential information. This approach not only enhances employee proficiency and confidence but also streamlines the management of processes, policies, and procedures, facilitating better organizational performance.

MycoDev Group

Seed Round in 2015
Mycodev Group Inc. produces biopolymers. The company offers chitosan, a biopolymer that comprises biocompatibility, biodegradability, antimicrobial, safe and non-toxic, aggressive cell binding, tissue regeneration, bone formation, hemostatic, antitumor, anticholesteremic, spermicidal, analgesic, CNS depressant, and immunoadjuvant properties. It serves cosmetic, industrial, medical, and pharmaceutical applications. The company was founded in 2013 and is based in Fredericton, Canada.

RtTech Software

Series A in 2015
RtTech Software develops and markets industrial-grade analytic apps for manufacturing and mining specializing in high cost areas such as operations and energy management. Industrial apps from RtTech Software aggregate machine and sensor data from across the production process and use advanced analytics to provide operational intelligence in context via an intuitive dashboard. The solutions integrate within the areas of the operation with the biggest bottom line impact: asset utilization and utilities consumption. Benefits include the ability to empower operators with real-time intelligence, maximize production capacity, improve product quality, reduce downtime and unplanned shutdowns, and optimize utilities consumption to energy costs. RtTech solutions are deployed in over 67 sites throughout 17 different countries for blue chip companies such as Cargill, BHP Billiton, Barrick Gold, Rio Tinto, and more.

Smartpods

Venture Round in 2015
Smartpods is a Canadian company based in Dieppe, established in 2014, that specializes in the manufacture of innovative office workstations designed to enhance employee health and productivity. Their unique workstations automatically adjust in multiple directions—up, down, left, and right—at specified rates and intervals. By utilizing individual data input by users, Smartpods ensures that employees transition between sitting and standing positions and shift laterally throughout the workday. This intelligent automation minimizes the risk of prolonged static postures, promoting overall well-being while allowing users to focus on their tasks without interruption.

Resson

Series A in 2014
Resson Aerospace is a bioinformatics and data analytics company, delivering customized agriculture solutions for large corporate clients. Utilizing recent advances in large-scale cloud-based data processing, swarm robotics, and advanced data analytics, its proprietary Resson Agricultural Management and Analytics System gives the agricultural operator analytical insight and dynamic control over the farm area. Resson Aerospace’s Resson Agricultural Management and Analytics System, data-driven agriculture solution, analyzes crop metrics to assess crop status and health, providing operators with the information required to optimize agricultural operations, improve efficiency, boost yields, and maximize profitability. It is headquartered in Fredericton, N.B.

Agora Mobile

Venture Round in 2014
Agora Mobile is creating a social network for mobile app discovery, development, and deployment. We create technology that enables anyone from consumers to companies to build their own mobile apps. These apps are created entirely in our social network and conform to modern mobile browser standards enabling them to be cross platform to all smart phones and deployed to the web instantly without the need of any app store. The social network is in private beta testing and is scheduled to be in 2014.

Sentrant

Seed Round in 2014
Sentrant Security uses in-house generated security intelligence to detect nonhuman traffic throughout the internet including desktop and mobile platforms. Sentrant applies its patented technology in the digital advertising domain to detect and mitigate ad fraud.

SmartSkin Technologies

Series A in 2014
Smart Skin Technologies Inc. is a technology development company based in Fredericton, Canada, with an additional office in Munich, Germany. Founded in 2009, the company specializes in the development and commercialization of a pressure-sensitive skin technology applicable across various sectors. Its primary product, Quantifeel, is a packaging pressure monitoring system designed to measure line pressure and 3D orientation in diverse packaging environments, including glass, cans, and PET. Additionally, Smart Skin Technologies is advancing patent-pending pressure sensing technology for industrial uses and applications in sports, highlighting its commitment to innovation in touch-sensitive materials.

Eigen Innovation

Seed Round in 2014
Eigen Innovations Inc. specializes in developing quality inspection and process control solutions tailored for industrial manufacturers. The company offers the Intellexon platform, a vision analytics tool designed for the industrial Internet of Things, which learns from operator inputs to optimize machine settings. Eigen Innovations also captures video and sensor data from manufacturing processes, analyzing it with Intellexon software. This technology finds application across diverse sectors, including automotive, food processing, construction materials, and mining. Founded in 2012 and headquartered in Fredericton, Canada, Eigen Innovations integrates traditional operational technology with advanced data science and cloud computing. This convergence fosters significant efficiency improvements in manufacturing operations. The company boasts a multi-disciplinary team with expertise in engineering, process control, IT, data science, and deep learning, focused on delivering innovative solutions to tackle complex challenges in industrial manufacturing.

TotalPave

Seed Round in 2014
TotalPave is an engineering consulting firm focused on enhancing pavement management through innovative smartphone technology. The company has developed a platform that provides municipalities with objective data on road conditions, including metrics like the Pavement Condition Index and International Roughness Index. By significantly lowering the costs associated with data collection on municipal road networks, TotalPave enables local governments to optimize their paving schedules and make informed decisions regarding infrastructure maintenance. This approach allows for more efficient resource allocation and improved road management, ultimately benefiting communities through better-maintained roadways.

R17

Convertible Note in 2013
R17 specializes in website optimization services aimed at enhancing website speed and performance. Originally known as RUMAnalytics, the company focuses on measuring, monitoring, diagnosing, and optimizing websites to improve user experience on both personal computers and mobile devices. By providing insights into service providers and website code performance across different browsers and countries, R17 enables clients to understand critical information in a clear and actionable manner. Their approach combines expert knowledge in performance optimization with user-friendly analytics and practical recommendations, ultimately leading to improved conversion rates, reduced bounce rates, and enhanced search engine rankings. R17 is committed to making the internet faster and more efficient for businesses.

Introhive

Series B in 2013
Introhive, Inc. is a Canadian company based in Fredericton that specializes in developing contact mining software applications and a revenue acceleration platform. Founded in 2012 by Jody Glidden and Stewart Walchli, Introhive offers a Software as a Service (SaaS) solution aimed at enhancing customer experience management and increasing organizational revenues. The platform integrates relationship intelligence into customer relationship management (CRM) systems through data automation and sales acceleration features. It enables organizations to transform disorganized data into actionable insights, facilitating processes such as sales hiring, prospecting, territory assignment, renewals, and lead scoring. Through its enterprise relationship management solution, Introhive provides valuable insights that drive productivity and improve CRM adoption.

Populus Plus

Venture Round in 2013
Populus Global Solutions Inc. is a healthcare information systems provider based in Fredericton, Canada, specializing in integrated solutions for managing personal healthcare records. The company's flagship product, ACSiS, encompasses a range of functionalities including Electronic Health Records (EHR), Electronic Medical Records (EMR), and disease management systems. ACSiS facilitates the sharing of patient data across various healthcare settings and supports clinical encounters, while also offering tools for supply chain management, performance tracking, and data analytics. Additional features include public health reporting, human resources management for the healthcare sector, and specialized modules for tracking maternal and child health, HIV/AIDS data, and civil registration. Established in 1992, Populus Global Solutions has successfully implemented projects globally, providing clients with comprehensive healthcare solutions that streamline operations and enhance patient care.

Introhive

Series A in 2012
Introhive, Inc. is a Canadian company based in Fredericton that specializes in developing contact mining software applications and a revenue acceleration platform. Founded in 2012 by Jody Glidden and Stewart Walchli, Introhive offers a Software as a Service (SaaS) solution aimed at enhancing customer experience management and increasing organizational revenues. The platform integrates relationship intelligence into customer relationship management (CRM) systems through data automation and sales acceleration features. It enables organizations to transform disorganized data into actionable insights, facilitating processes such as sales hiring, prospecting, territory assignment, renewals, and lead scoring. Through its enterprise relationship management solution, Introhive provides valuable insights that drive productivity and improve CRM adoption.

UserEvents

Venture Round in 2012
CxEngage creates experiences worth talking about. Many industries face increasing competition, where consumer choice is often a click or call away. CxEngage monitors and acts on customer journeys in real-time to deliver exceptional customer experiences for each and every customer.
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