The51 Food and AgTech Fund will focus on companies working in biotech, precision agriculture, robotics and automation
Six-year-old Hadley Spoelstra feeds a calf a bottle of milk, on her father's farm in Hamilton, Ont., on June 7, 2023. The lack of investment in agriculture is especially acute in Canada , where for generations the sector has failed to capture private funding and has been fuelled by public dollars.The51 Food early-stage venture fund raised capital from Farm Credit Canada , and institutional investors National Bank, ATB Financial and Vancity, among others.
Female-led agricultural startups receive little capital too, said Ms. Sunstrum, who noted that this is not representative of the industry. Family farms across Canada have always been operated by men and women in tandem, she said. “We are pleased to participate in the final close of The51 Food and AgTech Fund,” Curtis Stange, president and chief executive officer of ATB Financial, said in a statement. “ATB’s investment reflects our steadfast commitment to fostering innovation in agriculture, a sector vital to Alberta’s economy, as well as empowering the next generation of AgTech entrepreneurs.”
Canada News Breaking News Video Canadian Breaking News Breaking News Globe And Mail Breaking News Globe And Mail Canada News Photos World News Local News National News Us News Foreign News Sports News Arts News Life News Lifestyle Canada Traffic Canada Weather Trudeau Government Federal Government Canada Sports Canada Sports News Politics Politics News Political News Political Opinion Environment Economy Technology Education Travel Canada Alberta Bc British Columbia Manitoba Ontario Quebec Nova Scotia Pei New Brunswick Newfoundland And Labrador Nunavut Northwest Territories Yukon Globe And Mail
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Swimmer Summer McIntosh voted The Canadian Press female athlete of the year for 2024No explanation required was the consensus among voters for The Canadian Press award for 2024 female athlete of the year.
Read more »
Swimmer Summer McIntosh voted The Canadian Press female athlete of the year for 2024No explanation required was the consensus among voters for The Canadian Press award for 2024 female athlete of the year.
Read more »
Swimmer Summer McIntosh voted The Canadian Press female athlete of the year for 2024During the month before her 18th birthday, Summer McIntosh became the first Canadian to win three gold medals in a single Olympic Games, winter or summer, with a silver medal thrown in for good measure.
Read more »
McIntosh voted The Canadian Press female athlete of the year for 2024McIntosh was the overwhelming choice among sports editors, producers and reporters across Canada because of the Toronto swimmer's electric performance in Paris. She was selected on 52 of the 53 votes cast, with the othervote going to skeleton world champion Hallie Clarke of Brighton, Ont.
Read more »
Swimmer Summer McIntosh voted The Canadian Press female athlete of the year for 2024No explanation required was the consensus among voters for The Canadian Press award for 2024 female athlete of the year.
Read more »
Canadian Men’s 4x100 Relay Team Wins Canadian Press Team of the Year AwardThe Canadian men's 4x100-meter relay team, led by Andre De Grasse, won gold at the 2024 Paris Olympics and has been awarded The Canadian Press team of the year award.
Read more »