# NBIF’s Venture Capital Fund

> NBIF’s Venture Capital Fund is a VC fund backing Software and Information Technology. See 14 investments, check sizes, portfolio. Updated Aug 2026.

- Type: VC Fund
- Location: Fredericton, Canada
- Total investments: 14
- Last investment: Dec 2022
- Lead investor: 50%
- Last updated: Aug 2026
- Website: https://nbif.ca/venture-capital-fund/

NBIF’s Venture Capital Fund is a VC fund in Fredericton focused on Software and Information Technology. NBIF’s Venture Capital Fund is providing start-ups with seed investment to rapidly grow and deliver their innovative products. Their venture capital investments typically range from $200,000 to $500,000 per round. The investment is made through preferred shares, common shares, or convertible debentures.NBIF’s seed investment from their VCF isintended to participate in a seed round that will fully support business for 12 to 18 months. This investment is to be used for product enhancement, marketing, and branding, employee recruitment, acquiring additional.

## Round sizes

| Stage | Round size |
| --- | --- |
| Seed | $25k–$512k |
| Pre-Seed | $41k–$779k |

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Software | 6 | 43% |
| Information Technology | 3 | 21% |
| Machine Learning | 2 | 14% |
| Renewable Energy | 2 | 14% |
| Solar | 1 | 7% |

29 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Funding Round | 4 | 29% |
| Seed | 3 | 21% |
| Pre-Seed | 3 | 21% |
| Grant | 1 | 7% |
| Series A | 1 | 7% |

7 stages tracked in total.

### Country

| Country | Investments | Share |
| --- | --- | --- |
| Canada | 11 | 79% |
| United States | 1 | 7% |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| CareerBeacon | Find new job opportunities across Canada on CareerBeacon. Browse through thousands of job openings from leading employers. Find your ideal fit today. | $750K | Venture - Series Unknown | Dec 07, 2022 |  |
| SolarSteam Inc. | SolarSteam is a hardtech startup developing novel renewable concentrated solar technology that addresses the problem of rising costs and high emissions of heat generation. In the last 18 months, we have attracted over 600k in non-dilutive funding, grew the team to 7 FT employees and we are currently in the construct phase for a field pilot (TRL7)with an industry partner. We are seeking 250k in pre-seed investment to leverage an additional 250k in non-dilutive funding through IRAP, AI and SDTC to support pilot commissioning, capacity testing and commercial deployment efforts with various beachhead adopters. | $779.2K | Pre-Seed | May 03, 2022 |  |
| Sonrai Security | Sonrai Security delivers an enterprise security platform for AWS, Azure, Google Cloud, and Kubernetes. The Sonrai Dig platform is built on a sophisticated graph that identifies and monitors every possible relationship between identities and data that exists inside an organization’s public cloud. Dig’s Governance Automation Engine automatesworkflow, remediation, and prevention capabilities across cloud and security teams to ensure end-to-end security. | $50M | Series C | Oct 26, 2021 |  |
| Drinkable | At Drinkable we're passionate about water autonomy. We believe everyone has the right to know what's in their water, so they have the agency to manage their own risks. We've harnessed that passion into the worlds first effortless, affordable, and accurate handheld testing device, that detects drinking water contamination with thepress of a button. With a simple thumbs up/down display you'll know within seconds if your water requires further attention. You can pair our device with your smart phone to receive an expanded contamination report, risk profile, and a treatment plan that's tailored just for you. | $69.8K | Pre-Seed | Jun 15, 2021 |  |
| Renderator™ | Renderatours™\| The most elegant Virtual Tour Platform for Real Estate new Developments, able to help users to enjoy the experience of exploring properties that are not built yet. For developers, this creates awareness around their projects and the opportunity to generate leads through our On-tour Inquiry System™.Our SuitesFlow™ \| We digitalizeexisting and future buildings to fill them up faster and better. SuitesFlow™ provides an interactive digital version of multi properties buildings that allow users to gather critical information about available properties in one screen.All our applications provide data & analytics that are vital for developers to better understand their market. | $41.4K | Pre-Seed | May 30, 2021 |  |
| Trelent | Trelent is empowering the next billion software developers by using natural language. | $41.3K |  | May 09, 2021 |  |
| Prospre Nutrition | Prospre Nutrition is a nutrition app with the goal of making nutrition-focused meal planning easy. | $10K | Grant | Oct 06, 2020 |  |
| SolarSteam Inc. | SolarSteam is a hardtech startup developing novel renewable concentrated solar technology that addresses the problem of rising costs and high emissions of heat generation. In the last 18 months, we have attracted over 600k in non-dilutive funding, grew the team to 7 FT employees and we are currently in the construct phase for a field pilot (TRL7)with an industry partner. We are seeking 250k in pre-seed investment to leverage an additional 250k in non-dilutive funding through IRAP, AI and SDTC to support pilot commissioning, capacity testing and commercial deployment efforts with various beachhead adopters. | $512K | Seed | Jun 01, 2020 |  |
| 3D Planeta | 3D Planeta is the most advanced 3D visualization of air, land, and sea. The next era of 3D visualization of air, land, and sea - increasing situational intelligence for emergency response, security, defense, and earth exploration. We help organizations see where they need to be. | $25K | Seed | Apr 14, 2020 |  |
| Terris Earth Intelligence | Our cloud-based AI platform represents the new era of earth intelligence as it sources images and data from satellite, aerial, and underwater sources on-demand, and seamlessly fuses and projects 3D visualizations with AI-driven analytics to facilitate faster and more informed decision-making for any place on earth. We help clients navigatethrough uncertainty, change and crisis. | $25K | Seed | Apr 14, 2020 |  |

10 of 14 investments shown.

## Co-investors
- [New Brunswick Innovation Foundation](https://shizune.co/investors/profile/new-brunswick-innovation-foundation) — VC Fund, 11 deals together
- [Innovacorp](https://shizune.co/investors/profile/innovacorp) — VC Fund, 3 deals together
- [Alberta Innovates](https://shizune.co/investors/profile/alberta-innovates-e699) — VC Fund, 2 deals together
- [Energia Ventures](https://shizune.co/investors/profile/energia-ventures) — VC Fund, 2 deals together
- [Government of Alberta](https://shizune.co/investors/profile/government-of-alberta) — VC Fund, 2 deals together
- [Atlantic Canada Opportunities Agency](https://shizune.co/investors/profile/atlantic-canada-opportunities-agency) — VC Fund, 1 deal together

## Similar investors

### Similar industry
- [FJ Labs](https://shizune.co/investors/profile/fj-labs) — VC Fund
- [Alumni Ventures](https://shizune.co/investors/profile/alumni-ventures-group) — VC Fund
- [Antler](https://shizune.co/investors/profile/antler-be9c) — VC Fund

### Similar stage
- [Bpifrance](https://shizune.co/investors/profile/bpifrance) — VC Fund
- [SFC Capital](https://shizune.co/investors/profile/startup-funding-club) — VC Fund
- [HTGF (High-Tech Gruenderfonds)](https://shizune.co/investors/profile/high-tech-gr%C3%BCnderfonds) — VC Fund

### Similar country
- [BDC Venture Capital](https://shizune.co/investors/profile/bdc-venture-capital) — VC Fund
- [Real Ventures](https://shizune.co/investors/profile/real-ventures) — VC Fund
- [Anges Quebec](https://shizune.co/investors/profile/anges-quebec) — VC Fund

## Featured in investor lists
- [Climate Investors in Canada](https://shizune.co/investors/climate-investors-canada)
- [Climate VC Funds in Canada](https://shizune.co/investors/climate-vc-funds-canada)
- [Energy Investors in Canada](https://shizune.co/investors/energy-investors-canada)
- [Energy VC Funds in Canada](https://shizune.co/investors/energy-vc-funds-canada)
- [Sustainability Investors in Canada](https://shizune.co/investors/sustainability-investors-canada)
- [Sustainability VC Funds in Canada](https://shizune.co/investors/sustainability-vc-funds-canada)

## FAQ

### What does NBIF’s Venture Capital Fund invest in?

NBIF’s Venture Capital Fund invests primarily in Software, Information Technology and Machine Learning startups, most often at Funding Round and Seed stage. Most of the 14 investments tracked by Shizune back companies in Canada. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### What is NBIF’s Venture Capital Fund's check size?

NBIF’s Venture Capital Fund typically joins rounds of $25k–$512k at Seed and $41k–$779k at Pre-Seed. These ranges are 10th–90th percentile round sizes calculated from confirmed public funding rounds, so they are a realistic guide to the rounds NBIF’s Venture Capital Fund participates in.

### When did NBIF’s Venture Capital Fund last invest?

The most recent investment recorded for NBIF’s Venture Capital Fund closed in Dec 2022. Shizune tracks 14 investments in total for this profile, including round sizes, stages and portfolio companies, all sourced from confirmed public funding rounds and refreshed monthly.

### Is Shizune's investor data accurate?

Yes — every stat on this profile is calculated from confirmed public funding rounds monitored across hundreds of sources since 2020. This profile was last refreshed in Aug 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

# About Shizune
Shizune.co is an investor database. Core features:
- 48,091 startup investors (angels, VCs, accelerators, and others)
- Email, phone, LinkedIn (for intros), socials, and other contact data
- Updated daily from public funding news
- CSV and Excel export

The User can access the full database FOR FREE after signing up: shizune.co