Avrio Capital invests $5 mln in Enterra Feed's pilot food waste facility
Enterra Feed Corp has received $5 million in funding from Canadian venture capital firm Avrio Capital. The Vancouver-based company, which develops technology to recover nutrients from recycled food waste, will use the funding to complete its first commercial-scale pilot facility in Langley, British Columbia. At full capacity, the facility will process up to 54,000 tonnes of pre-consumer food waste each year. Enterra technology was conceived in 2007 by founder and CEO Brad Marchant and Dr. David Suzuki. The financing announcement comes on the heels of a report that Aviro will launch a new $125 million fund focused on investing in innovative agriculture and food companies.
28 March 2014•3 mins read
