FOR IMMEDIATE RELEASE
February 24, 2015
Alberta, Canada – AVAC Ltd., a private Canadian company that invests in promising early stage ventures, today announced the launch of their latest brand, Verdex Capital. Verdex Capital will focus on agricultural technology investments and opportunities.
“Ag Tech is an area of significant growth, and is increasing in popularity with both strategic corporate and conventional investors. With a growing world population and increasing constraints on agricultural production capacity, global food supplies face significant threats,” said Dr. Michael Raymont, CEO of AVAC Ltd. “Applying innovation and technology to the agricultural sector is critical to address these challenges and creates a unique opportunity for investors. This is why we created Verdex Capital.”
With deep experience in agriculture and venture capital, Verdex Capital has the partnerships, networks, and expertise to identify true game-changers. AVAC has established Verdex Capital as its key Ag Tech investment management arm.
Verdex has partnered with Finistere Ventures – a top-tier US Ag Tech investor – to assist with the management of the Finistere FVII Fund in Canada through deal sourcing, due diligence, investment recommendations and portfolio monitoring, and exits. For more information about Verdex Capital, the FVII Fund, and AVAC please visit www.avacltd.com.
(403) 561 4810
Notes to Editors:
About AVAC Ltd
AVAC Ltd is an investment company with over 16 years of experience in financing early-stage innovative business opportunities and providing both capital and other value-added services to grow commercial business successes. AVAC invests in promising ventures in value-added agri-business, information and communications technologies, life sciences, and other industrial technology sectors. AVAC also manages an active early-stage venture capital fund-of-funds investment pool and the Accelerate Fund, an angel co-investment fund. Find out more: www.avacltd.com & www.acceleratefund.ca