Investors / New Brunswick Innovation Foundation
New Brunswick Innovation Foundation
New Brunswick Innovation Foundation is a government or Crown investor based in Canada. New Brunswick Innovation Foundation has backed 6 Canadian AI companies in the Index, joining 6 tracked rounds and leading 1. The most recent was Picketa Systems's C$2.1M seed round in June 2026. New Brunswick Innovation Foundation most often invests alongside Island Capital Partners, 18West and BDC Seed Venture Fund.
Government/Crown based in Canada. 6 Canadian AI companies in the Index, 6 tracked rounds, 1 as lead.
- Type
- Government/
Crown - HQ country
- Canada
- Companies
- 6
- Tracked rounds
- 6
- Led
- 1
- First tracked deal
- Potential Motors, May 2024
- Latest tracked deal
- Picketa Systems, Jun 2026
Portfolio
| Company | Rounds joined (date, round size) | Company's total raised | Role |
|---|---|---|---|
| Picketa Systems | Seed · Jun 2026 · C$2.1M round | C$2.1M | — |
| Lastwall | Bridge/Extension · May 2026 · C$16M round | C$16M | — |
| MedReddie | Seed · Nov 2025 · C$1.6M round | C$1.6M | — |
| Versos AI | Seed · Nov 2025 · C$1.9M round (lead) | C$1.9M | Lead |
| Tracktile | Pre-seed · Jul 2024 · C$575K round | C$575K | — |
| Potential Motors | Bridge/Extension · May 2024 · C$2M round | C$2M | — |
A round's size is the whole round as announced, not this investor's cheque.
Frequent co-investors
Island Capital Partners (2 shared rounds), 18West (1 shared round), BDC Seed Venture Fund (1 shared round), BDC StrongNorth Fund (1 shared round), BDC Thrive Venture Fund (1 shared round), Blue Bear Capital (1 shared round), BlueWing Ventures (1 shared round), Brightspark Ventures (1 shared round)
Data as of November 10, 2026.