Toronto, Canada-based venture capital firm InvestEco Capital closed the InvestEco Sustainable Food Fund III, at $100m in capital commitments.
New institutional investors Farm Credit Canada, BDC Capital, Fondaction, Fonds de solidarité FTQ and Vancity joined the Fund’s lead institutional investors, The Co-operators and Export Development Canada, who were part of the initial close of the Fund in 2019, as well as many other foundations, family offices and individual investors.
The fund will continue the firm’s mandate of investing in private, high-growth Canadian and US companies that promote health and sustainability in the food sector. Led by Alex Chamberlain, Managing Partner, this vehicle follows two previous food funds that have invested in and partnered with many North American sustainable food brands, including Vital Farms, Mama Earth Organics, Maple Hill Creamery, Le Grand, NadaMoo, and LesserEvil, among a number of others.
FinSMEs
04/06/2020