Avrio Capital to raise new $125 mln agriculture fund
Canadian venture capital firm Avrio Capital is planning to raise a new fund focused on investing in innovative agriculture and food companies, The Globe and Mail reported. The report said Avrio is targeting $125 million for the new fund – a larger size than its previous funds, which have ranged between $75 million and $100 million. Based in Calgary, and with offices in Montréal and Toronto, the firm has invested in 65 transactions since its founding in 2006. Last week, peHUB Canada reported that Avrio would gain an exit from the sale of Wolf Trax, a Winnipeg-based manufacturer of plant nutrition products. The company is being sold to Compass Minerals for $95 million.
24 March 2014•1 min read
