Hortau Receives $3M Equity Financing from Avrio Capital

Hortau, Inc., a Quebec City, Canada-based company that designs and manufactures irrigation management technologies, has received a $3m equity financing from Avrio Capital.

Founded in 2002 and led by president Jocelyn Boudreau, Hortau is a precision irrigation management company. Its IrrolisT 3 system aims to allow growers to reduce the amount of water needed to irrigate agricultural fields, thereby improving environmental performance and yield.

The company, which is also backed by Telesystem, Desjardins, Capital Financière agricole, SDÉ Lévis and SOLIDE, intends to use the capital to continue to expand its solutions in North America (firstly in California).



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