The Finistere Ventures FVII Fund, a new $150M Ag Tech Fund, held its first closing.
Founded by AVAC, Bayer CropScience and another unnamed global strategic partner, the fund will identify and invest in technologies across early to growth-stage companies in the agriculture technology (Ag Tech) space.
While the vehicle is primarily focused on North American opportunities for investment, it will invest in companies from global centers of excellence in Ag Tech.
Verdex Capital, AVAC’s Ag Tech arm, will oversee the Canadian arm of the fund in partnership with Finistere Ventures, a California-based venture investor.
FinSMEs
28/02/2015