Agrium throws weight behind Finistere Ventures' agtech fund
Canadian agricultural products and services company Agrium Inc (TSX, NYSE: AGU) has made an undisclosed commitment to the second agricultural technology fund of U.S. venture capital firm Finistere Ventures. Finistere Ventures Fund II, targeted to raise US$150 million, will invest in companies in plant nutrition, biologicals, seed technology, digital agriculture and novel farm systems. Agrium said the commitment will enhance its "ability to access and evaluate the pipeline of rapidly evolving agricultural technologies." AVAC said last year it is partnering with Finistere to help leverage opportunities emerging from Canadian universities and research institutions.
27 July 2016•3 mins read
