Avrio's Fund III deploys $15 mln to Intelia, Alasko and CheeCha Puffs
Canadian venture capital firm Avrio Capital has invested a total of $15 million in three new portfolio companies. They are: Intelia Technologies Inc, a Montréal-based maker of control systems and data analytics services for the poultry and swine markets; Alasko Foods Inc, a Montréal-based supplier of branded and private label frozen fruits and vegetables; and Cadcan Marketing & Sales Inc, which operates as CheeCha Puffs, a Calgary-based healthy snack foods provider. Avrio made the investments through Avrio Ventures LP III, which raised $110 million in a final close in February. The fund invests in late-stage opportunities in agricultural and food technology sectors.
19 May 2016•4 mins read
