Innovation Saskatchewan

Emmertech closes $60M fund to help fuel Canada as a global agtech leader

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Tuesday, January 18, 2022
Lucent, Fund, CAD, The Mosaic Company, Nutrient, Agtech, CVC, GLOBE, Solution, Farmer, BC, Industry, Efficiency, Food, Agriculture, Environment, Innovation Saskatchewan, LP record, Senior, Investment, AG, Potash, Pension fund, Viterra, Mosaic, Growth

Emmertech is an agtech focused venture capital fund managed and operated by Conexus Venture Capital Inc. (CVC) that invests in Canadian agtech companies from farm to fork with a special focus on where technology meets farm.

Key Points: 
  • Emmertech is an agtech focused venture capital fund managed and operated by Conexus Venture Capital Inc. (CVC) that invests in Canadian agtech companies from farm to fork with a special focus on where technology meets farm.
  • Innovation Saskatchewan is also an investor in the Fund with a $15 million contribution.
  • This investor base is a key differentiator for Emmertech as it aligns the Fund, its portfolio companies, and investors in driving significant value across the Canadian agriculture ecosystem.
  • We first started as a grassroots fund, building from the industry upwards starting with farmers and local agribusiness owners, said Sean OConnor, Managing Director of Conexus Venture Capital Inc. & Emmertech.

Libro Credit Union a founding investor in Venture Capital Fund, Emmertech

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Monday, August 23, 2021
Industry, CAD, Libro Credit Union, Credit union, GLOBE, Agriculture, AG, Farm, Efficiency, Research, UNI, UNI Financial Cooperation, Connect, JT Group Limited, CVC, Innovation Credit Union, Investment, Agtech, Environment, Farmer, Technology, Innovation Saskatchewan, Bank, Renewable energy

SOUTHWESTERN, ON, Aug. 23, 2021 (GLOBE NEWSWIRE) -- Today, Conexus Venture Capital Inc. (CVC) announced the launch of a second venture capital fund, Emmertech, focused on Canadian agtech and agribusiness innovation.

Key Points: 
  • SOUTHWESTERN, ON, Aug. 23, 2021 (GLOBE NEWSWIRE) -- Today, Conexus Venture Capital Inc. (CVC) announced the launch of a second venture capital fund, Emmertech, focused on Canadian agtech and agribusiness innovation.
  • Among its founding investors include Libro Credit Union, which is the largest credit union in southwestern Ontario and has the largest ag lending portfolio of any credit union in Canada.
  • Emmertech reached an initial close of $45 million CAD and expects to cross $60 million CAD by the final close at the end of the year.
  • This new fund was built from an industry-first approach, with investors being some of Canadas most innovative farmers, agribusiness owners, and agriculturally centered financial institutions including Connect First Credit Union, The Co-operators Group Limited, Gulf and Fraser Fishermens Credit Union, Innovation Credit Union, UNI Financial Cooperation, Interior Savings Credit Union, and Libro Credit Union.