(CALGARY) – September 9, 2014
Avrio Capital Inc. (Avrio) is pleased to announce the first closing of its fourth institutional late stage venture fund, Avrio Ventures Limited Partnership III(the "Fund"). With initial commitments of $65 M, from incumbent limited partners, Farm Credit Canada (FCC) and Export Development Canada (EDC), the Fund will continue to focus on the agriculture and food sectors, investing in innovative companies that offer solutions to global challenges in the areas of health, wellness and sustainability. This first closing has provided incumbent Limited Partners with the opportunity to continue working with the Avrio team as they expand their leadership position as agriculture and food sector investors. Avrio Ventures Limited Partnership III remains open to new investors and expects to have a subsequent closing some time over the next several months. Read more