New Brunswick Innovation Foundation

New Brunswick Innovation Foundation (NBIF), established in 2003, is a Canadian venture capital firm based in Fredericton. It invests in early-stage, growth-oriented companies and applied research projects, primarily in New Brunswick. Unlike traditional financial institutions, NBIF invests in companies' equity and provides funding to research projects with commercialization potential. The foundation's unique approach involves attaching certain rights to developed intellectual property to facilitate its commercialization. NBIF manages $40 million and has helped leverage over $160 million in additional capital for its portfolio companies and researchers. Its mission is to foster innovation and create commercial opportunities in New Brunswick's strategic industries.

Thomas Bird

Investment Manager

Daniel Hoyles

Investment Analyst

Jeff White

CEO

Past deals in Motorcycles

Potential Motors

Seed Round in 2024
Potential Motors Inc. is a Canadian company founded in 2018, specializing in software solutions that enhance the safety and performance of vehicles through artificial intelligence and computer vision. The company has developed RallyAI, a platform designed to optimize vehicle control by analyzing both off-road and on-road terrain in real-time using various camera systems. This technology allows vehicles to adapt their traction and suspension settings dynamically, improving overall performance and efficiency. Potential Motors collaborates with original equipment manufacturers (OEMs) across several sectors, including motorcycles, powersports, defense, and automotive, to trial and refine its innovative solutions. Based in Hanwell, Canada, the company is committed to advancing vehicle capabilities in a variety of challenging environments.

Potential Motors

Seed Round in 2022
Potential Motors Inc. is a Canadian company founded in 2018, specializing in software solutions that enhance the safety and performance of vehicles through artificial intelligence and computer vision. The company has developed RallyAI, a platform designed to optimize vehicle control by analyzing both off-road and on-road terrain in real-time using various camera systems. This technology allows vehicles to adapt their traction and suspension settings dynamically, improving overall performance and efficiency. Potential Motors collaborates with original equipment manufacturers (OEMs) across several sectors, including motorcycles, powersports, defense, and automotive, to trial and refine its innovative solutions. Based in Hanwell, Canada, the company is committed to advancing vehicle capabilities in a variety of challenging environments.

Potential Motors

Seed Round in 2020
Potential Motors Inc. is a Canadian company founded in 2018, specializing in software solutions that enhance the safety and performance of vehicles through artificial intelligence and computer vision. The company has developed RallyAI, a platform designed to optimize vehicle control by analyzing both off-road and on-road terrain in real-time using various camera systems. This technology allows vehicles to adapt their traction and suspension settings dynamically, improving overall performance and efficiency. Potential Motors collaborates with original equipment manufacturers (OEMs) across several sectors, including motorcycles, powersports, defense, and automotive, to trial and refine its innovative solutions. Based in Hanwell, Canada, the company is committed to advancing vehicle capabilities in a variety of challenging environments.
Spot something off? Help us improve by flagging any incorrect or outdated information. Just email us at support@teaserclub.com. Your feedback is most welcome.