TLDR:
- AVAC Group changed its name to Verdex Capital to focus on the Canadian agricultural sector.
- Verdex Capital aims to invest in high-impact ventures with triple-bottom-line outcomes.
Verdex Capital, previously known as AVAC Group, recently underwent a rebranding to signal a renewed focus on the Canadian agricultural sector. The company’s CEO, Martin Vetter, highlighted that the change in name signifies a shift back to their agricultural roots after years of diversification into technology startups and fund managers. Verdex Capital is dedicated to advancing Canadian agriculture while striving for economic, environmental, and social impact through their investments.
One of Verdex Capital’s initiatives is Carrot Ventures, an AgTech venture studio established to commercialize agricultural innovations specifically tailored to the Canadian agricultural landscape. This venture studio is unique in its focus and aims to bridge the gap between early-stage technologies and market opportunities in the agricultural sector.
In line with their rebranding, Verdex Capital is seeking insights from the agricultural community through the Canadian AgFocus Survey. They invite individuals involved in AgTech/FoodTech research, venture finance, and agricultural or food processing operations to participate and share their perspectives. The data collected from this survey will inform Verdex Capital’s investment strategies and community development initiatives.
Overall, Verdex Capital, formerly AVAC Group, is a purpose-driven venture capital firm striving to make a positive impact on Canadian agriculture through strategic investments and collaborative initiatives. Their commitment to triple-bottom-line returns sets them apart in the venture capital landscape, positioning them as a catalyst for innovation and sustainability in the agricultural sector.
