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Top 50 Food and Beverage VC Funds & Investors in Canada (May 2026)

The most active venture capital funds investing in Canada Food and Beverage startups. This investor list is updated monthly from the Shizune investor database, ranked by number of investments in Canada Food and Beverage startup companies. Find investors to raise a Seed, Series A or Series B round with Shizune.
Investor Relevant Deals Geography Stage Focus Round Size
District Ventures Capital
VC Fund
43 Canada, United States Pre-Seed, Seed Food and Beverage, Manufacturing, Retail $150k–$225k
Fonds de solidarité FTQ
VC Fund
8 Canada, United States, Israel Series A, Series B Manufacturing, Biotechnology, Software $2.2M–$38M
Desjardins Venture Capital
VC Fund
7 Canada, United States Seed, Series A Software, Information Technology, Manufacturing $799k–$18M
Anges Quebec
VC Fund
7 Canada, Spain, United States Seed, Angel Health Care, Software, Artificial Intelligence $363k–$2.9M
Export Development Canada
VC Fund
6 Canada, United States, India Series B, Series A Software, Renewable Energy, Manufacturing $4M–$20M
Btomorrow Ventures
VC Fund
6 United States, United Kingdom, India Series A, Seed, Series B Health Care, Wellness, Food and Beverage $3.5M–$23M
Investeco Capital
VC Fund
6 Canada, United States Seed, Series B Food and Beverage, Organic Food, Manufacturing $250k–$4M
Golden Ventures
VC Fund
6 Canada, United States, Japan Seed, Series A, Series B Software, Artificial Intelligence, Information Technology $1.2M–$40M
Atlantic Canada Opportunities Agency
VC Fund
5 Canada, United States Debt Financing, Grant, Seed Software, Health Care, Information Technology $25k–$2.8M
Celtic House Asia Partners
VC Fund
5 Canada, United States Seed, Series A Software, Internet, E-Commerce $436k–$11M
Business Development Bank of Canada
VC Fund
5 Canada, United States, Argentina Series A, Seed Software, Information Technology, Manufacturing $22k–$15M
Natural Products Canada
VC Fund
5 Canada Seed, Grant, Series A Biotechnology, Manufacturing, Food and Beverage $500k–$3.3M
Green Acre Capital
VC Fund
5 Canada, United States Seed, Series A Cannabis, Consumer Goods, Marketing $118k–$3.1M
BrandProject
VC Fund
4 United States, Canada, United Kingdom Seed, Series A Food and Beverage, E-Commerce, Health Care $1.8M–$7.6M
DSM Venturing
VC Fund
4 United States, Canada, Israel Series A, Series B Biotechnology, Health Care, Manufacturing $2.5M–$23M
Ontario Centres of Excellence
VC Fund
4 Canada, United States Seed, Grant, Pre-Seed Software, Information Technology, Health Care $11k–$2M
Fondaction
VC Fund
4 Canada, United States, France Private Equity, Debt Financing Manufacturing, Information Technology, Software $271k–$103M
Relay Ventures
VC Fund
4 United States, Canada, United Kingdom Seed, Series A, Series B Software, Mobile, Apps $1.3M–$31M
Globalive Capital
VC Fund
4 Canada, United States, United Kingdom Seed, Series A Software, Health Care, SaaS $700k–$15M
Renewal Funds
VC Fund
4 United States, Canada Series A, Series B Food and Beverage, Organic Food, Manufacturing $1.5M–$30M
WUTIF
VC Fund
4 Canada Seed, Pre-Seed, Series A Health Care, Software, Biotechnology $77k–$2.7M
E-Fund
VC Fund
4 Canada, China, United States Seed, Pre-Seed Health Care, Medical Device, Software $150k–$4.2M
Innovacorp
VC Fund
4 Canada, Australia, United States Seed, Grant Software, Information Technology, Health Care $25k–$3M
Cycle Capital
VC Fund
3 Canada, United States, Germany Series B, Seed Manufacturing, Energy, Electronics $54k–$20M
Accelerate Fund
VC Fund
3 Canada, United States Series A, Seed Software, Information Technology, Health Care $91k–$12M
Government of Canada
VC Fund
3 Canada, United States, Germany Grant, Debt Financing Manufacturing, Health Care, Biotechnology $38k–$57M
Rhapsody Venture Partners
VC Fund
3 United States, Canada, United Kingdom Seed, Series A Biotechnology, Industrial Engineering, Mechanical Engineering $1.5M–$6.2M
VA Angels
VC Fund
3 Canada, United States, India Seed, Debt Financing Health Care, Software, Information Technology $109k–$1.5M
Hedgewood
VC Fund
3 Canada, United States, India Seed, Series A Health Care, Software, E-Commerce $500k–$11M
Panache Ventures
VC Fund
3 Canada, United States, Israel Seed, Pre-Seed, Series A Software, Information Technology, Artificial Intelligence $436k–$22M
Accomplice
VC Fund
3 United States, Canada, United Kingdom Series A, Seed, Series B Software, FinTech, SaaS $1.7M–$40M
BDC Venture Capital
VC Fund
3 Canada, United States, Japan Series A, Seed Software, Information Technology, Internet $392k–$16M
Global Founders Capital
VC Fund
3 United States, Germany, United Kingdom Seed, Series A, Pre-Seed Financial Services, Software, FinTech $725k–$30M
Avrio Capital
VC Fund
3 Canada, United States Series B, Series C Agriculture, Food and Beverage, Hospitality
Business Growth Fund
VC Fund
2 United Kingdom, Ireland, United States Series A, Private Equity Software, Information Technology, Manufacturing $1.2M–$28M
Mistral Venture Partners
VC Fund
2 Canada, United States Seed, Series A, Series B Software, SaaS, Internet $400k–$38M
MaRS Investment Accelerator Fund
VC Fund
2 Canada, United States Seed, Pre-Seed, Series A Software, Artificial Intelligence, SaaS $363k–$15M
BDC Capital's Growth & Transition Capital
VC Fund
2 Canada, China Debt Financing, Seed Software, Information Technology, Consulting $1M–$4.4M
RIV Capital
VC Fund
2 Canada, United States, Italy Seed, Series A Cannabis, AgTech, Health Care $1.5M–$12M
Garage Capital
VC Fund
2 Canada, United States, United Kingdom Seed, Series A, Pre-Seed Software, Information Technology, Internet $585k–$24M
Inovia Capital
VC Fund
2 Canada, United States, United Kingdom Seed, Series A, Series B Software, SaaS, E-Commerce $581k–$85M
Mantella Venture Partners
VC Fund
2 Canada, United States Seed, Series A, Series B Software, Mobile, E-Commerce $250k–$12M
Valhalla Private Capital
VC Fund
2 Canada Seed, Pre-Seed Software, Marketing, Apps $825k–$2.3M
Two Small Fish Ventures
VC Fund
2 Canada, United States Seed, Series A Software, E-Commerce, Artificial Intelligence $1.5M–$5M
Heron Rock Fund
VC Fund
2 United States, Canada, India Seed, Series A Software, Health Care, SaaS $250k–$21M
Real Ventures
VC Fund
2 Canada, United States Seed, Series A, Series B Software, Artificial Intelligence, Machine Learning $581k–$145M
Forage Capital Partners
VC Fund
2 Canada, United States Series A, Series B Food and Beverage, Organic Food, Water $3.5M–$18M
Matchstick Ventures
VC Fund
2 United States, Canada, India Seed, Pre-Seed, Series A Software, E-Commerce, SaaS $170k–$20M
InnoStart Capital
VC Fund
2 Canada, Malaysia Seed, Pre-Seed Video Games, Financial Services, E-Commerce $545k–$1.3M
MATH Venture Partners
VC Fund
2 United States, Canada Seed, Series A, Series B Software, Mobile, Information Technology $1M–$18M
Access all 233 VC funds in Canada Food and Beverage startups.

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822 industries, 177 countries. Updated daily. Emails and phones included.

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Investor list

District Ventures Capital
VC Fund · Calgary, Alberta, Canada · 43 investments in Canada Food and Beverage startups

Venture capital funding for Canadian entrepreneurs. District Ventures Capital is led by Arlene Dickinson and invests in innovative food & health sector companies.

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Investment focus

  • Industry: Food and Beverage, Manufacturing, Retail
  • Stage:Pre-Seed, Seed
  • Geography: Canada, United States

Investor stats

  • Total investments: 73
  • Round size: Pre-Seed $150k–$225k
  • Lead/follow: 18% lead, 82% follow
  • Last fund: May invest from a new fund soon — last raise in 2019

Portfolio highlights

  • NadaMoo — Grab a spoon, you're going to want to try this deliciously dairy-free coconut milk ice cream. Dairy-free, Gluten-Free, Plant-Based, Vegan, Non-GMO, Faire Trade, B-Corp. Our pints are filled with 100% goodness.
  • PocketPills — Pocketpills is Canada's best online pharmacy that allows you to conveniently order online, refill, or consult with an online pharmacist and offers free shipping and low prices.
  • Just Vertical — Discover the best indoor hydroponic growing system. With Just Vertical, you can easily grow your own vegetables indoors. Shop our beautifully-designed modern hydroponic system!
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Fonds de solidarité FTQ
VC Fund · Montréal, Quebec, Canada · 8 investments in Canada Food and Beverage startups, 8 in the past 12 months

Fonds de solidarité FTQ is a private equity and venture capital firm specializing in investments in start-ups, early venture, mergers, business acquisitions, management buyouts, market development project or a buyout, financing for new programs, organic growth and cash flow, growth and expansion financings, development capital, business succession,financial restructuring, business transition financing, family and non-family buyout, consolidations, turnaround, and leveraged management buyouts. It also invests in new markets, product and business line developments, market diversification, interim financings, new product marketing, additional working capital, purchase of tangible and intangible assets, equipment modernization, equipment purchases or upgrades, and integrator projects. The firm has regional funds that do not invest in retail, real estate, farming, biotechnology, and financial services. Fonds de solidarité FTQ invests in small and medium-sized businesses. It typically invests in export projects, forest products, productivity improvement, natural resources, aerospace, agri-food, wood, pulp and paper, chemicals, construction and construction materials, printing, transportation equipment and automobiles, transportation services, furniture and fixtures, combinatorial chemistry and other lead generating technologies, mining and exploration, social economy, textiles, plastics, life sciences, business services, telecommunications, distribution and consumer goods, environment, equipment and machinery, financial services, information and communication technology, metal products, recreational tourism, and culture sectors. Within the culture sector, Fonds de solidarité FTQ seeks to invest in pre-production and creative projects, production projects, infrastructures and services, post-production projects, distribution, and broadcasting and multiplatform broadcasting. Within the environment sector, it invests in waste management and energy conversion for residual waste; air treatment and reduction of greenhouse gas emissions; processes to reduce industrial energy and water consumption; water treatment; and soil rehabilitation and decontamination (metals and organic compounds). Within the life sciences sector, Fonds de solidarité FTQ focuses on services for the biopharmaceutical industry; nutraceuticals and cosmeceuticals; diagnostics and medical supplies and equipment; biopharmaceuticals and generic drugs; biotechnology, and animal health. Within the tourism sector, it focuses on urban tourism, nature tourism, resort type tourism, and local tourism for Quebecers, and in the textiles sector it invests in companies engaged in development and production of specialty textiles as well as development of industrial applications for the construction, transportation, health and safety, and work apparel industries. Fonds de solidarité FTQ prefers to invest in Quebec and in companies impacting the Québec economy. It focuses on investing in the following regions- Abitibi –Témiscamingue, Bas Saint Laurent, Chaudière-Appalaches, Côte-Nord, Estrie, Gaspésie Îles-de-la-Madeleine, Lanaudière, Laurentides, Laval, Mauricie - Centre-du-Québec, Montérégie, Nord-du-Québec, Outaouais, and Saguenay-Lac-St-Jean. Fonds de solidarité FTQ seeks to invest in projects of $3 million or more and also provides loans of up to $ 2 million. It invests in companies in business succession sector having minimum capitalization of $500,000 and EBITDA of over $35.5 million in case of majority interest; equipment and machinery sector with average investment in excess of $3 million; environment sector with funding needs of more than $500000; financial services sector having net assets between $20 million and $50 million in equity; metal products sector having annual sales of over $5 million and financing needs of at least $2 million; and printing sector having investment needs of over $1 million. In the information technology sector, Fonds de solidarité FTQ seeks to invest $2 million as initial investments while total investments can be more than $10 million. It invests in the form of equity financing (common or preferred shares) and unsecured debt requiring no collateral (debenture). Fonds de solidarité FTQ can take both a minority interest including an equity stake of up to 49 percent as well a majority interest in its portfolio companies in case of business succession financing. It seeks a minority stake for the portfolio companies in the equipment and machinery sector. It typically holds its investments for a period of five to ten years in case of equity financing and for more than ten years in case of business succession financing. Fonds de solidarité FTQ began operation on June 23, 1983. It has its headquarters in Montreal in Canada with additional offices in the same city and Quebec in the same country.

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Investment focus

  • Industry: Manufacturing, Biotechnology, Software
  • Stage:Series A, Series B
  • Geography: Canada, United States, Israel

Investor stats

  • Total investments: 164
  • Round size: Series A $2.2M–$38M; Series B $5.4M–$30M
  • Lead/follow: 42% lead, 58% follow
  • Last fund: May invest from a new fund soon — last raise in 2016

Portfolio highlights

  • UgoWork — Lithium-ion batteries are significantly superior for your lift trucks, in addition to taking advantage of our efficient energy management. Learn more.
  • WorkJam — The most complete and modular suite of productivity tools for frontline employees. Trusted by global brands and loved by their employees.
  • Flare — We enable companies to prevent cyber attacks before they become costly data breaches.
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Desjardins Venture Capital
VC Fund · Lévis, Quebec, Canada · 7 investments in Canada Food and Beverage startups

Desjardins Capital makes it easy to grow your business with financial and strategic support. Investment capital and venture capital can help you meet your business goals.

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Investment focus

  • Industry: Software, Information Technology, Manufacturing
  • Stage:Seed, Series A
  • Geography: Canada, United States

Investor stats

  • Total investments: 126
  • Round size: Seed $799k–$5.2M; Series A $4.7M–$18M
  • Lead/follow: 11% lead, 89% follow
  • Last fund: May invest from a new fund soon — last raise in 2018

Portfolio highlights

  • Cegerco — Cegerco specializes in the construction of industrial and institutional sectors. They also restore and renovate historic buildings, while maintaining the original materials. They provide services in the mining sector like silos, conveyors, crushers, etc.
  • Groupe Canva — Canva Group is a dynamic holding company in the identification and visual communications field with 9 complementary companies acquired over the last 15 years. Operating with 3 different autonomous business units under the names of Idenco Canada (Boucherville), Decalcomanie Artistic (Montreal) and Mirazed in (St-Hubert), the 200-employee companyserves more than 4,000 customers with its complementary serigraphy and digital printing services. Their goal is to create the best customer experience.
  • Voilà! Technologies — Learn how Evolia's employee scheduling app can save you time managing schedules and increase employee engagement.
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Anges Quebec
VC Fund · Quebec, Quebec, Canada · 7 investments in Canada Food and Beverage startups, 6 in the past 12 months

Value-added investors for innovative entrepreneurs.

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Investment focus

  • Industry: Health Care, Software, Artificial Intelligence
  • Stage:Seed, Angel
  • Geography: Canada, Spain, United States

Investor stats

  • Total investments: 132
  • Round size: Seed $726k–$2.9M; Angel $363k–$1.1M
  • Lead/follow: 17% lead, 83% follow

Portfolio highlights

  • Bridgr — For industrial companies looking for significant digital transformation, BRIDGR is the algorithmic advisory practice that improves your odds of success by showing you what to do next and who would help
  • ChrysaLabs — Soil testing technology. ChrysaLabs provides real-time data for better decisions.
  • Ditch Labs — Ditch Labs is a digital health company pioneering nicotine addiction treatment with artificial intelligence and a revolutionary device.
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Export Development Canada
VC Fund · Ottawa, Ontario, Canada · 6 investments in Canada Food and Beverage startups, 18 in the past 12 months

Export Development Canada (EDC) is a Crown corporation dedicated to assisting Canadian businesses of all sizes in achieving global success. It provides them with the tools they need to grow their business with confidence, including trade knowledge, financial solutions, equity, insurance, and connections.

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Investment focus

  • Industry: Software, Renewable Energy, Manufacturing
  • Stage:Series B, Series A
  • Geography: Canada, United States, India

Investor stats

  • Total investments: 134
  • Round size: Series A $4M–$15M; Series B $4.4M–$20M
  • Lead/follow: 24% lead, 76% follow

Portfolio highlights

  • Niricson — Niricson Software has developed a proprietary damage assessment software platform paired with a patent-pending drone-based data collection technology that helps infrastructure owners inspect their structures (e.g. hydro dams) in a way that is more accurate, five times faster, and 50% more cost-effective. Niricson is differentiated by its ability toautomatically detect and quantify not only surface damage, but also subsurface damage.
  • Koios Intelligence — MISSIONKoïos Intelligence is on a mission to Improve the insurance value chain using conversational AI.Our platform Olivo is built for insurance customers with the goal of eliminating waiting time, reducing operational costs and offering an unprecedented customer experience. Based on Natural Language Processing and state-of-the-art ArtificialIntelligence, Olivo is made to answer new customer needs and expectations in today’s digital world.
  • Vive Crop Protection — Vive makes effective and sustainable pesticides for organic and non-organic production. The company was founded in 2006 and is headquartered in Mississauga, Ontario, Canada.
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Btomorrow Ventures
VC Fund · London, England, United Kingdom · 6 investments in Canada Food and Beverage startups, 6 in the past 12 months

Btomorrow Ventures (BTV) is the corporate venturing unit of BAT. BAT is building A Better Tomorrow by reducing the health impact of its business by transforming into a truly consumer-centric multi-category CPG company. We are dedicated to partnering with ambitious and passionate entrepreneurs to realise their vision by providing a platform toenhance innovation and accelerate growth.

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Investment focus

  • Industry: Health Care, Wellness, Food and Beverage
  • Stage:Series A, Seed, Series B
  • Geography: United States, United Kingdom, India

Investor stats

  • Total investments: 44
  • Round size: Series A $3.5M–$23M
  • Lead/follow: 76% lead, 24% follow

Portfolio highlights

  • Tru — Obsessively formulated by fusing flavor with function, each of our tasty innovations perform when you need it most. From the time you wake up until the second your head hits the pillow, we elevate every moment one sip at a time.
  • Awake Chocolate — AWAKE Chocolate combines delicious milk chocolate.
  • PHILTER Labs — Philter Labs presents an innovative smoke filter for E-Cig, Vape Pen, & CBD Pen. Filters smoke from entering shared space while you still enjoy the experience.
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Investeco Capital
VC Fund · Toronto, Ontario, Canada · 6 investments in Canada Food and Beverage startups

InvestEco invests in innovative companies in the Food & Agriculture Sector. Learn More about our process, people, and companies.

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Investment focus

  • Industry: Food and Beverage, Organic Food, Manufacturing
  • Stage:Seed, Series B
  • Geography: Canada, United States

Investor stats

  • Total investments: 41
  • Round size: Seed $250k–$4M
  • Lead/follow: 37% lead, 63% follow
  • Last fund: May invest from a new fund soon — last raise in 2020

Portfolio highlights

  • LesserEvil — From source to snack, LesserEvil is dedicated to creating clean, healthy snacks that are as tasty as they are guilt-free. Start your journey to better snacking!
  • Acid League — Experiments in acid? Acid League makes flavor-tripping vinegars, drinks, sauces, and condiments to energize your cooking.
  • Mara Renewables — Mara Renewables Corporation (Mara) is the leading Canadian biotechnology company focused on the research, development, and commercialization of sustainable fermentation algal biotechnologies for nutritional and renewable energy industries.
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Golden Ventures
VC Fund · Toronto, Ontario, Canada · 6 investments in Canada Food and Beverage startups, 8 in the past 12 months

Golden Ventures is a leading seed-stage venture capital fund, based in Toronto and investing across North America. We back bold teams and their transformative ideas.

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Investment focus

  • Industry: Software, Artificial Intelligence, Information Technology
  • Stage:Seed, Series A, Series B
  • Geography: Canada, United States, Japan

Investor stats

  • Total investments: 146
  • Round size: Seed $1.5M–$6M; Series A $3.5M–$32M; Series B $1.2M–$40M
  • Lead/follow: 17% lead, 83% follow
  • Last fund: Likely still investing — fund raised in 2021

Portfolio highlights

  • BenchSci — BenchSci is the world leader in AI-Assisted Reagent Selection and Experiment Design. Our preclinical R&D SaaS platform uses machine learning to help pharmaceutical companies increase their research velocity.
  • Ideogram — Ideogram: Helping people become more creative.
  • Shakudo — Shakudo unites all of the data tools and services you need into a single comprehensive data platform, allowing your team to develop and deploy analytics-based solutions with ease.
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Atlantic Canada Opportunities Agency
VC Fund · Moncton, New Brunswick, Canada · 5 investments in Canada Food and Beverage startups, 17 in the past 12 months

The Atlantic Canada Opportunities Agency works to create opportunities for economic growth in Atlantic Canada by helping businesses become more competitive, innovative and productive, by working with diverse communities to develop and diversify local economies, and by championing the strengths of Atlantic Canada. Together, with Atlantic Canadians,we are building a stronger economy.

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Investment focus

  • Industry: Software, Health Care, Information Technology
  • Stage:Debt Financing, Grant, Seed
  • Geography: Canada, United States

Investor stats

  • Total investments: 104
  • Round size: Seed $25k–$2M; Grant $25k–$2.8M; Debt Financing $153k–$1M
  • Lead/follow: 65% lead, 35% follow

Portfolio highlights

  • Dispersa — Harnessing the power of microbe-derived natural solutions to decarbonize the chemicals industry.
  • ReelData AI — ReelData AI provides artificially intelligent monitoring for finned fish aquaculture. It delivers weight distributions, feeding analysis, health analysis, and growth analysis
  • ABCO Industries — ABCO Industries manufactures metal products for the food, marine, industrial, and environmental industries. They are expanding and improving our manufacturing process, incorporating automated and advanced manufacturing techniques, and supporting our people through training and education.
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Celtic House Asia Partners
VC Fund · Fremont, California, United States · 5 investments in Canada Food and Beverage startups

Marketplace, Digital Health, SaaS

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Investment focus

  • Industry: Software, Internet, E-Commerce
  • Stage:Seed, Series A
  • Geography: Canada, United States

Investor stats

  • Total investments: 30
  • Round size: Seed $436k–$6M; Series A $8M–$11M
  • Lead/follow: 30% lead, 70% follow

Portfolio highlights

  • Ronbow — Ronbow is a commercial company that distributes, designs, and manufactures a diverse selection of decorative bathing products, including sinks, vanities, medicine cabinets, and more. The company selects the highest-quality hardwood and puts them through a rigorous 10-step finishing process that is finalized with a comprehensive assembly process.Ronbow offers a dynamic and diverse design spectrum to fit any style home, from ultra contemporary to old world traditional. Their versatile designs allow for interchangeable sinks and countertops in wood, glass, stone & ceramic to match any home decor. The company provides options for interchangeable sizes and materials to inspire a truly unique customizable experience.Ronbow was founded by Jason Chen in 2002 and is headquartered in Livermore, CA, USA.
  • Fincentify — Fincentify is building a fintech ecosystem to help people borrow, save, and protect themselves.
  • GrubMarket — GrubMarket develops a website where sellers can offer foods and other items at wholesale prices to customers. It offers products such as organic foods, vegetables, gluten-free foods, snacks, drinks, pantries, home goods, health and beauty products, baby and kids' products, pets, non-GMO foods, paleo foods, cholesterol-free, and no trans-fatfoods.GrubMarket also offers foods from local farms, fisheries, commercial kitchens, certified home kitchens, and restaurants. Mike Xu founded GrubMarket in 2014, with its headquarters in Newark in California with an additional office in San Francisco in California.
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Access 48,091 investors

822 industries, 177 countries. Updated daily. Emails and phones included.

Browse database — It's Free!
Business Development Bank of Canada
VC Fund · Montréal, Quebec, Canada · 5 investments in Canada Food and Beverage startups, 19 in the past 12 months

We are BDC, the bank for Canadian entrepreneurs. We support small and medium-sized businesses in all industries and at every stage of growth with money and advice. We are the Business Development Bank of Canada.

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Investment focus

  • Industry: Software, Information Technology, Manufacturing
  • Stage:Series A, Seed
  • Geography: Canada, United States, Argentina

Investor stats

  • Total investments: 207
  • Round size: Seed $22k–$4M; Series A $3M–$15M
  • Lead/follow: 37% lead, 63% follow
  • Last fund: Likely still investing — fund raised in 2023

Portfolio highlights

  • FlipGive — Free tools to simplify team money management and lower team fees. Earn cashback, balance the budget, accept fee payments, get a team spend card, and more.
  • Arolytics — Build, manage, and execute the most efficient emissions management program custom to your oil and gas operations.
  • Clear Blue Technologies — Clear Blue Technologies, the Smart Off-Grid company, combines green energy with the proven advantages of communications and cloud technology to power and control off-grid lighting, security and mobile solutions. We are ushering in a new age of off-grid systems, that deliver the reliability of grid connected systems but are environmentally friendly,less costly, and can be monitored and controlled over the Internet.
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Natural Products Canada
VC Fund · Charlottetown, Prince Edward Island, Canada · 5 investments in Canada Food and Beverage startups

Natural Products Canada provides insight, introduction, and investment to help entrepreneurs, corporations, and investors leverage the growing demand for naturally-derived products. It connects industry, investors, researchers, and others to help innovative natural products reach their full potential in the market. The company works with smallcompanies, large and multinational corporations, research institutions, investors, innovation and economic development agencies, and business, and commercialization experts such as IP, marketing, and regulatory consultants. Collaborating with these many stakeholders, the company evaluates products and technologies, helps companies overcome commercialization hurdles, and invest in the opportunities that show the most promise.

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Investment focus

  • Industry: Biotechnology, Manufacturing, Food and Beverage
  • Stage:Seed, Grant, Series A
  • Geography: Canada

Investor stats

  • Total investments: 11
  • Round size: Seed $500k–$3.3M
  • Lead/follow: 27% lead, 73% follow

Portfolio highlights

  • Dispersa — Harnessing the power of microbe-derived natural solutions to decarbonize the chemicals industry.
  • Partake Brewing — Partake Brewing is the craft non-alcoholic beer brand that focuses on flavor, health, socializing, and inclusivity for people who choose not to drink alcohol whether as a need or increasingly as a lifestyle choice.
  • Impactful Health R&D — Impactful Health R&D is a developer of compostable active packaging materials designed to prolong the shelf life of fresh foods, starting with fresh fish as an entry market. The company's active packaging materials are made of naturally-derived resources and helps in preserving the texture of a fish by maintaining its water content andtargeting bacteria, enabling fish processing companies to reduce wastage of fish.
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Green Acre Capital
VC Fund · Toronto, Ontario, Canada · 5 investments in Canada Food and Beverage startups

Green Acre Capital is a private investment fund dedicated exclusively to the Canadian medical and recreational cannabis industry. The fund invests in sectors across the cannabis value chain including production, research, consumer products and retail.

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Investment focus

  • Industry: Cannabis, Consumer Goods, Marketing
  • Stage:Seed, Series A
  • Geography: Canada, United States

Investor stats

  • Total investments: 16
  • Round size: Seed $118k–$3.1M
  • Lead/follow: 63% lead, 37% follow
  • Last fund: May invest from a new fund soon — last raise in 2018

Portfolio highlights

  • Claybourne — Claybourne is a cannabis breeder, cultivator, and retail brand that is known for its broad line of flower, pre-roll, and concentrate products.
  • humble+fume — humble+fume is Canada’s leading distributor of cannabis accessories. We offer the largest range of products and accessories to legal dispensaries, head shops and smoke shops of all sizes. We work with over 200 of the leading industry brands and offer more than 10,000 products and accessories. With distributions centres across North America, we arewell positioned to help grow your business. Our team believes pairing cannabis accessories is at the heart of contemporary enjoyment, we look forward to working with you and creating the perfect experience for your customers.
  • HC Solutions Holdings — HC Solutions Holdings operates as a distributor of cannabis. HC Solutions Holdings formed as a Joint Venture between Green Acre Capital Distribution Corp. and Humble & Fume.
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BrandProject
VC Fund · Toronto, Ontario, Canada · 4 investments in Canada Food and Beverage startups

BrandProject is an early-stage venture capital fund that invests in consumer products, services, and technology companies. Based in Toronto and New York City, we are typically the first venture money and are often the sole investor in a round.BrandProject has invested in and helped build innovative new brands including Daily Harvest, Freshly,Ritual, Persona, Chefs Plate, Clutch, Gainful, Atolla, Pet Plate, Awake Chocolate, Coveteur, Surf Easy, and Hello Products..Find out more at www.brandproject.com

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Investment focus

  • Industry: Food and Beverage, E-Commerce, Health Care
  • Stage:Seed, Series A
  • Geography: United States, Canada, United Kingdom

Investor stats

  • Total investments: 34
  • Round size: Seed $1.8M–$5.1M; Series A $5M–$7.6M
  • Lead/follow: 18% lead, 82% follow
  • Last fund: May invest from a new fund soon — last raise in 2019

Portfolio highlights

  • Porta — Restaurant-quality Italian food delivered to your door. Pizza, Pasta, Dessert subscription.
  • Acid League — Experiments in acid? Acid League makes flavor-tripping vinegars, drinks, sauces, and condiments to energize your cooking.
  • Guaranteed — Guaranteed reimagines hospice care with at-home treatment, cutting-edge technology, and a clinical team that puts the dying and grieving first.
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DSM Venturing
VC Fund · Heerlen, Limburg, The Netherlands · 4 investments in Canada Food and Beverage startups, 10 in the past 12 months

DSM Venturing provides start-up funding, coaching and support for start-up companies that share our purpose of creating brighter lives for all.

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Investment focus

  • Industry: Biotechnology, Health Care, Manufacturing
  • Stage:Series A, Series B
  • Geography: United States, Canada, Israel

Investor stats

  • Total investments: 85
  • Round size: Series A $2.5M–$23M; Series B $4.1M–$17M
  • Lead/follow: 53% lead, 47% follow
  • Last fund: May invest from a new fund soon — last raise in 2012

Portfolio highlights

  • Vivici — Our mission is to meet the world's growing need for sustainable, nutritious and great tasting animal-free proteins.
  • Meatable — Meatable is a food production company that produces real and guilt-free meat. With one cell, they are revolutionizing the meat industry's impact on climate change and animal welfare. At the same time they increase food security, without compromising the culinary experience of eating tasty, real meat. They aim to satisfy the world'sappetite for meat without harming people, animals, and the planet.It was founded in 2018 and is headquartered in Delft, South Holland, The Netherlands.
  • Incredo — DouxMatok is a food-tech company. They have developed a proprietary technology that enhances the sweetness of sugars with no after taste - preserving the full "sugar experience" customers are looking for. The enhanced sweetness allows for a significant reduction in the consumption of sugar.The company was incorporated in 2014, and itsR&D center is based in Petach-Tikva, Israel.
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Ontario Centres of Excellence
VC Fund · Toronto, Ontario, Canada · 4 investments in Canada Food and Beverage startups

The Ontario Centres of Excellence invests in projects and people to accelerate industry R&D to impact the Ontario economy through the commercialization of leading edge research.OCE invests in- Industry-Academic collaborative research- Commercialization of academic research through licensing and spin off companies- Early stage seedfinancing of start-ups- Skills development for high quality personnelThe Ontario Centres of Excellence is a not-for-profit corporation founded in 1987. Core funding is provided by the Ontario Ministry of Research and Innovation

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Investment focus

  • Industry: Software, Information Technology, Health Care
  • Stage:Seed, Grant, Pre-Seed
  • Geography: Canada, United States

Investor stats

  • Total investments: 145
  • Round size: Seed $38k–$2M; Grant $11k–$800k; Pre-Seed $38k–$1M
  • Lead/follow: 8% lead, 92% follow

Portfolio highlights

  • Uride — Welcome to Uride - your reliable and affordable ridesharing service with a community-focus. Enjoy the ease of quick pickups, lower fares, and a user-friendly app designed to make your travels smoother. Start riding today!
  • ventureLAB — At ventureLAB, we grow globally competitive tech titans that build-to-scale in Canada, for global markets.
  • Novel Biotechnology — Novel Biotechnology operates as a biotechnology company and develops innovative solutions for plasmid DNA production.
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Fondaction
VC Fund · Clarke City, Quebec, Canada · 4 investments in Canada Food and Beverage startups, 10 in the past 12 months

Since its creation in 1996, Fondaction has been based on the belief that it is not only possible to do things differently in the financial and business world, it is a necessity.Fondaction helps Québecers prepare for retirement by offering affordable retirement savings to everyone. The savings collected are invested in companies across Québec.This way, Fondaction helps create and maintain quality jobs, contributing to a stronger, more equitable and greener economy.Created in 1996, Fondaction is a labour-sponsored fund with assets in excess of one billion dollars collected as retirement savings from more than 131,000 shareholders. Fondaction's direct investments and those made through investment funds support the development of more than 1 050 SMEs in different lines of business, in large part involved in various components of the social economy.Fondaction has always been resolutely committed to socially responsible finance, from the moment it was created. The principles of sustainable development are integrated in everything it does. Whether investing in businesses directly or in capital markets, Fondaction always applies the principles of responsible investment to the money entrusted by its savers.Fondaction was one of the first institutions in Québec to make accountability reports an obligation in an effort to improve its practices and contribute to moving sustainable development forward in Québec. It produced its first report on sustainable development in 2006 in accordance with the international standards of the Global Reporting Initiative (GRI), the highest standards of precision and transparency in economic, social and environmental accountability.In 2010 and 2012, Fondaction remained at the forefront with its 3rd and 4th sustainable development reports, having them reviewed by an independent firm and achieving an application level of A+ from the GRI. Fondaction is the only financial institution in Québec to achieve this level.In 2014, Fondaction tabled its 5th sustainable development report, produced in accordance with the latest GRI guidelines, the G4. Fondaction also opted for Comprehensive compliance, becoming the 1st financial institution in North America and the 9th in the world to voluntarily adhere to these requirements.

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Investment focus

  • Industry: Manufacturing, Information Technology, Software
  • Stage:Private Equity, Debt Financing
  • Geography: Canada, United States, France

Investor stats

  • Total investments: 116
  • Round size: Debt Financing $271k–$5M; Private Equity $750k–$103M
  • Lead/follow: 22% lead, 78% follow

Portfolio highlights

  • Libro — Elevate Your Guest Experience Our guest experience platform does more than fill tables. Start building a highly personalized and profitable dining experience with Libro. Pricing Features How we help your restaurant thrive Reservations Accept online reservation requests in real-time 24/7/365. Access reservations from anywhere so your entire team is prepared to serve guests. Reputation Management
  • Dispersa — Harnessing the power of microbe-derived natural solutions to decarbonize the chemicals industry.
  • Omy Laboratoires — Omy Laboratoires develops and manufactures personalized cosmetic skin-care products using its AI based skin analysis system.
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Relay Ventures
VC Fund · Toronto, Ontario, Canada · 4 investments in Canada Food and Beverage startups

We view founders as partners. We bring capital, networks, and experience, and our founders bring expertise, teams, and dreams.

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Investment focus

  • Industry: Software, Mobile, Apps
  • Stage:Seed, Series A, Series B
  • Geography: United States, Canada, United Kingdom

Investor stats

  • Total investments: 135
  • Round size: Seed $1.3M–$7.5M; Series A $4.4M–$14M; Series B $5M–$31M
  • Lead/follow: 29% lead, 71% follow
  • Last fund: May invest from a new fund soon — raised $145M in 2016

Portfolio highlights

  • FCTRY LAb — Fctry lab combine traditional manufacturing methods with modern technology, allowing us to redefine techniques and invent new construction methods
  • Cookin — Cookin is a homemade food delivery marketplace where people can find home-cooked meals and have them delivered to their doors.Cookin Inc. is rethinking what it takes to start a food business and enabling a new class of creators to do what they love. Cookin empowers talented cooks, many of whom are reinventing themselves from a topsy-turvyrestaurant industry, to turn their own talents and home kitchens into a source of income. Cookin matches buyers and cooks together on the marketplace and dispatches a driver to pick up the meal and deliver it.
  • Train Fitness — Train Fitness focuses on automatic exercise detection and rep counting using Artificial Intelligence and the Apple watch.
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Globalive Capital
VC Fund · Toronto, Ontario, Canada · 4 investments in Canada Food and Beverage startups

Globalive Capital is an investment company based in Canada. The Firm makes investments primarily in the telecommunications and real estate with co-investment activities alongside venture capital funds.

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Investment focus

  • Industry: Software, Health Care, SaaS
  • Stage:Seed, Series A
  • Geography: Canada, United States, United Kingdom

Investor stats

  • Total investments: 36
  • Round size: Seed $700k–$5M; Series A $3M–$15M
  • Lead/follow: 8% lead, 92% follow

Portfolio highlights

  • Curv Health — Modern virtual Training, Physiotherapy, & Rehab Clinic. Computer Vision & Health Coaches for Strengthening & Recovery.
  • KEEP Labs — The Modern medicine Cabinet and Data Platform. We partner with healthcare organizations to improve patient adherence by integrating and augmenting their programs, not displacing them.
  • 3D BioFibR — 3D BioFibR is a biomaterial manufacturing company that produces naturally sourced, high-value bio fibers such as spider silk, collagen, chitosan, and others. Preliminary fiber performance data shows the potential applications of these fibers in several global markets, including biomedical engineering, green textiles, defense, and aerospaceengineering. Formed in July 2020, 3D BioFibR was founded on the pioneering research of Dr. John Frampton. 3D BioFibR is focused on novel and proprietary methods of biofiber production that have a quality and scale that is currently not achievable with current methods. 3D BioFibR scientists have demonstrated the ability to make collagen fibers, termed CollaFibR™, that are stronger than natural tendons, and spider silk that is tougher than steel and 2000% more flexible. 3D BioFibR’s vision is to become the global leader in the manmade production of nature’s strongest, lightest and toughest materials at a scale and cost that makes them a competitive solution to the engineering challenges of our day.
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Renewal Funds
VC Fund · Vancouver, British Columbia, Canada · 4 investments in Canada Food and Beverage startups

Renewal Funds is a mission venture capital firm. We add value for entrepreneurs through capital, networks, and expertise. We aim for above market returns for our partners while catalyzing social and environmental change.Building upon our experience investing in successful high-impact businesses, Renewal Funds focuses on underfunded sectorsof organic food and environmental innovation; sectors critical to a sustainable economy where we can support meaningful shifts in consumer behaviour. Renewal Funds supports passionate, experienced, change-agent entrepreneurs, whose business we can help grow with our capital, networks and expertise.For updates, please visit us online at renewalfunds.com

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Investment focus

  • Industry: Food and Beverage, Organic Food, Manufacturing
  • Stage:Series A, Series B
  • Geography: United States, Canada

Investor stats

  • Total investments: 42
  • Round size: Series A $1.5M–$6.3M; Series B $3M–$30M
  • Lead/follow: 31% lead, 69% follow
  • Last fund: May invest from a new fund soon — last raise in 2019

Portfolio highlights

  • HOLOS — The Super Breakfast built for your active lifestyle. Organic, plant-based & gluten free with 20g protein, 12g fibre, 13 vitamins & minerals and even more. Free shipping across Canada.
  • SHARE Mobility — Empowering tools and services to easily manage, understand, and optimize transportation programs for employees and municipalities.
  • Fresh Prep Foods — Get a high-quality, sustainable, and fresh ingredient meal kit conveniently delivered to 20 communities across BC and Alberta.
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WUTIF
VC Fund · Vancouver, British Columbia, Canada · 4 investments in Canada Food and Beverage startups

WUTIF Capital (VCC) Inc. is a novel angel fund that co-invests with angel investors in promising new technology ventures in British Columbia. WUTIF was formed in mid-2003 and made its first investments in late 2004.

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Investment focus

  • Industry: Health Care, Software, Biotechnology
  • Stage:Seed, Pre-Seed, Series A
  • Geography: Canada

Investor stats

  • Total investments: 65
  • Round size: Seed $77k–$2.7M; Pre-Seed $363k–$1M
  • Lead/follow: 9% lead, 91% follow

Portfolio highlights

  • Frontly — Frontly's no-code internal admin tooling platform empowers businesses to build custom applications to solve their greatest business challenges in minutes without writing a line of code.
  • Care2Talk — Care2Talk is a video call mobile app for senior citizens that is secure, fast, and easy to navigate with 7-day battery life.
  • VoxCell BioInnovation — Creating an extraordinary line of solutions for the drug development industry and the field of Oncology research.
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E-Fund
VC Fund · Vancouver, Alberta, Canada · 4 investments in Canada Food and Beverage startups

The E-Fund (VANTEC Entrepreneurs Fund VCC Inc.) was established in 2011 to invest in promising new ventures in British Columbia in a wide range of industry sectors. They are focused on co-investing with other angel investors and early-stage venture capital firms in seed-stage companies with high growth opportunities.The E-Fund involvesspecific investors in the investment due diligence process depending on their industry experience and knowledge and their particular technical expertise. It is their goal to become the ‘Go-to Braintrust’ for active and in-depth angel investing.

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Investment focus

  • Industry: Health Care, Medical Device, Software
  • Stage:Seed, Pre-Seed
  • Geography: Canada, China, United States

Investor stats

  • Total investments: 52
  • Round size: Seed $150k–$4.2M; Pre-Seed $363k–$1M
  • Lead/follow: 6% lead, 94% follow

Portfolio highlights

  • Frontly — Frontly's no-code internal admin tooling platform empowers businesses to build custom applications to solve their greatest business challenges in minutes without writing a line of code.
  • Care2Talk — Care2Talk is a video call mobile app for senior citizens that is secure, fast, and easy to navigate with 7-day battery life.
  • VoxCell BioInnovation — Creating an extraordinary line of solutions for the drug development industry and the field of Oncology research.
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Innovacorp
VC Fund · Halifax, Nova Scotia, Canada · 4 investments in Canada Food and Beverage startups

Innovacorp is an early-stage venture capital firm that helps knowledge-based startups commercialize their technologies in the global marketplace. It invests in early stage Nova Scotia entrepreneurs, combining venture capital with business mentoring and incubation facilities. Innovacorp was established in 1995 and based in Halifax, Canada.

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Investment focus

  • Industry: Software, Information Technology, Health Care
  • Stage:Seed, Grant
  • Geography: Canada, Australia, United States

Investor stats

  • Total investments: 139
  • Round size: Seed $50k–$3M; Grant $25k–$91k
  • Lead/follow: 29% lead, 71% follow
  • Last fund: May invest from a new fund soon — raised $40M in 2016

Portfolio highlights

  • Bright Breaks — Bright offer on-site and virtual amenities for companies and employees. whether your team is on-site, working from home, or in between.
  • Gaia Refinery — Gaia is developing wind-driven methane-capture technology to produce rocket-grade natural gas.
  • Planetary — Planetary develops ocean-based carbon removal technology to accelerate the natural carbon cycle. Planetary’s system purifies the mountains of alkaline rock waste left behind by large-scale mining operations, extracting the alkalinity from the rubble and putting it in the ocean, thus accelerating the carbon transition and rebalancing oceanchemistry.Planetary Technologies is on a mission to remove 1 billion tonnes of carbon dioxide from the atmosphere by 2035.
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Cycle Capital
VC Fund · Montréal, Quebec, Canada · 3 investments in Canada Food and Beverage startups

Cycle Capital is a pioneer in Canadian Cleantech venture capital fund management investing in companies at the development and commercialization stages in North America. Founded in 2009 by Andrée-Lise Méthot, Founder and Managing Partner, Cycle Capital’s Platform has become an important venture capital investor of the Cleantech industry with its 3funds totaling $230M Assets Under Management (AUM). Cycle Capital is looking to invests in promising ventures that are not capital intensive and/or that can benefit from the leverage brought by Cycle Capital extensive network of investors, strategic partners and advisors.In addition to its core investments, Cycle Capital targets companies with high growth potential – especially those with strong intellectual property, leading edge technologies and with exceptional management talent that would benefit from the firm’s network of strategic industrial partners and expert advisors. With its core investment and business expertise, Cycle Capital plays an active role adding meaningful and tangible value to its portfolio companies at all stages of their life.

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Investment focus

  • Industry: Manufacturing, Energy, Electronics
  • Stage:Series B, Seed
  • Geography: Canada, United States, Germany

Investor stats

  • Total investments: 67
  • Round size: Seed $54k–$2.7M; Series B $5.8M–$20M
  • Lead/follow: 35% lead, 65% follow
  • Last fund: May invest from a new fund soon — raised $145M in 2020

Portfolio highlights

  • VueReal — VueReal is engineering the next electronic systems by mass integration of high-efficiency nano/micro-devices into large-area substrates (e.g., displays, sensors, system on panel, and more). They have started by making the true-life experience of micro-LED displays affordable for all applications (TV, laptop, smartphone,virtual/augmented reality, etc.). VueReal technology platform is based on the interplay of cutting-edge micro/nano-device processing, sophisticated integration technologies and advanced system design (hardware and software). VueReal technologies can enhance the experience of existing electronic systems and enable new applications by integrating millions of highly efficient micro-devices (micro-LED) into system substrate. As our Solid Printing (TM) technology works across all substrate sizes, it can develop displays ranging from super high ppi (>4000 ppi) to very large.
  • Airex Energy — Airex Energy provides solutions for a sustainable future. Helping reduce greenhouse gas emissions and remove carbon from the atmosphere.
  • SPARK Microsystems — Discover SPARK Ultra-wideband: Revolutionizing AR, VR, audio, gaming, and IoT with responsive low-latency, high-speed wireless transceivers.
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Accelerate Fund
VC Fund · Calgary, Alberta, Canada · 3 investments in Canada Food and Beverage startups

Accelerate Fund supports the growth of early-stage Alberta technology companies with a multi million dollar fund that combines co-investment from angel investors.

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Investment focus

  • Industry: Software, Information Technology, Health Care
  • Stage:Series A, Seed
  • Geography: Canada, United States

Investor stats

  • Total investments: 46
  • Round size: Seed $91k–$2.8M; Series A $944k–$12M
  • Lead/follow: 28% lead, 72% follow
  • Last fund: May invest from a new fund soon — raised $15M in 2020

Portfolio highlights

  • Areto Labs — Areto Labs is a human-focused cyber security company that uses AI to protect people by detecting and counteracting online abuse.
  • PayShepherd — PayShepherd helps manage contractor billing for industrial facilities and simplifies billing processes. Save time, money, and headaches.
  • Truffle — Truffle enables restaurants of all sizes to empower their teams, increase profits, and provide a smart dining experience that customers expect, with tools to manage your restaurant in a single platform. Truffle offers restaurants flexible tools to expand into Point of Sale, Online Ordering, Table Side, Delivery Management, Automated Pickup, TableReservations and Guest Marketing.
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Government of Canada
VC Fund · Gatineau, Quebec, Canada · 3 investments in Canada Food and Beverage startups

The Government of Canada is making it easier for Canadians to find and access government information and services online through its central website, Canada.ca. The website is the single entry point for all government information and services available online and is accessible using any device with an Internet connection, including tablets ormobile phones. Its portal shows how government works, its priorities, laws, finances, transparency, digital government, and policies.

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Investment focus

  • Industry: Manufacturing, Health Care, Biotechnology
  • Stage:Grant, Debt Financing
  • Geography: Canada, United States, Germany

Investor stats

  • Total investments: 107
  • Round size: Grant $38k–$57M; Debt Financing $100k–$2.5M
  • Lead/follow: 44% lead, 56% follow
  • Last fund: May invest from a new fund soon — last raise in 2018

Portfolio highlights

  • Metaspectral — Compression.ai is an information technology company that specializes in the fields of machine learning and web services. The company has developed encoding and decoding capability for images using machine learning, which achieves on-average about 95% compression rates of a raw image without significantly losing its quality.
  • PowerCo — PowerCo expansion is the next step in expanding the worldwide battery industry while also localizing cell production and establishing a new value chain.
  • London Children's Museum — Offering family-friendly entertainment and activities, the London Children's Museum, located in Southwestern Ontario, encourages children to explore history, heritage, and science through art, play, and creativity.
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Rhapsody Venture Partners
VC Fund · Cambridge, Massachusetts, United States · 3 investments in Canada Food and Beverage startups

Rhapsody Venture Partners specializes in bringing to market breakthrough science innovation in industrial sciences (non-life science). The firm was founded in 2012 and is headquartered in Cambridge, Massachusetts, United States.

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Investment focus

  • Industry: Biotechnology, Industrial Engineering, Mechanical Engineering
  • Stage:Seed, Series A
  • Geography: United States, Canada, United Kingdom

Investor stats

  • Total investments: 35
  • Round size: Seed $1.5M–$5.2M; Series A $3.3M–$6.2M
  • Lead/follow: 54% lead, 46% follow
  • Last fund: May invest from a new fund soon — raised $41M in 2020

Portfolio highlights

  • GPR — GPR is commercializing technology developed at MIT Lincoln Laboratory that has proven to be a successful in a military context. After years of development, MIT’s ultra-wide band radar was first deployed in Afghanistan in 2013. The technology allowed military vehicles to stay on previously-mapped routes by matching radar measurements with maps ofsubterranean geology.
  • pH7 — pH7 is a cleantech firm that develops and implements methods for the sustainable extraction and refining of strategic metals, which are required for the transition to renewable energy. This pilot project will offer the industry a solution for the sustainable extraction of Platinum Group Metals from secondary and primary resources using green,biodegradable, and recyclable solvents rather than smelting methodologies.
  • Tendo Technologies — Tendo is a technology company that provides economical solutions to accurate flow rate and pressure measurements.
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VA Angels
VC Fund · Calgary, Alberta, Canada · 3 investments in Canada Food and Beverage startups

VA Angels, one of Canada’s leading angel investment groups, has member locations in Calgary, Edmonton, Kelowna and Winnipeg. Since 2003 they have done 57 deals worth $28.5 million and are one of the most active angel groups in Canada.

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Investment focus

  • Industry: Health Care, Software, Information Technology
  • Stage:Seed, Debt Financing
  • Geography: Canada, United States, India

Investor stats

  • Total investments: 104
  • Round size: Seed $109k–$1.5M
  • Lead/follow: 3% lead, 97% follow
  • Last fund: May invest from a new fund soon — last raise in 2015

Portfolio highlights

  • Tonit — Connect with local riders. Discover hundreds of rides & events. Track & share your ride. Share photos & videos with the community.
  • PLAYR.gg — Surf Giveaways is the #1 platform to run giveaways, sweepstakes, and contests for gamers. Grow your audience and build your community with giveaways now!
  • eThor — Trusted By National Brands Trusted By National Brands Contactless In the age of COVID-19, it's more important than ever to provide your customers a safe way to pay. eThor offers a number of contactless payment options, from Apple Pay, Samsung Pay or other forms of
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Hedgewood
VC Fund · Toronto, Ontario, Canada · 3 investments in Canada Food and Beverage startups

Hedgewood is an investment firm active in venture capital, internet businesses, real estate, specialty finance, asset management, and private equity.

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Investment focus

  • Industry: Health Care, Software, E-Commerce
  • Stage:Seed, Series A
  • Geography: Canada, United States, India

Investor stats

  • Total investments: 109
  • Round size: Seed $500k–$4.3M; Series A $7M–$11M
  • Lead/follow: 1% lead, 99% follow

Portfolio highlights

  • Unito — Connect the tools you're already using with deep 2-way integrations and optimize workflows for Asana, Jira, Trello, Google Sheets and more.
  • Vetster — Pet health starts with Vetster. Find and book veterinarians from across North America to provide excellent health care for your pet through video consults. Cats, dogs, reptiles, horses - all pets are welcome.
  • Ready, Set, Food! — Ready, Set, Food! makes it easy for parents reduce their baby's risk of developing peanut, egg, and milk allergies by up to 80% with our gentle, daily system.
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Panache Ventures
VC Fund · Montréal, Quebec, Canada · 3 investments in Canada Food and Beverage startups

Canada's leading nationwide pre-seed venture fund.

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Investment focus

  • Industry: Software, Information Technology, Artificial Intelligence
  • Stage:Seed, Pre-Seed, Series A
  • Geography: Canada, United States, Israel

Investor stats

  • Total investments: 115
  • Round size: Seed $872k–$6M; Pre-Seed $436k–$2.3M; Series A $1.1M–$22M
  • Lead/follow: 16% lead, 84% follow
  • Last fund: Likely still investing — raised $100M in 2022

Portfolio highlights

  • Eli — The women's health company providing lifelong insights from your saliva.
  • ODAIA — Empowering Pharma's Next Generation of Engagement with HCPs
  • Reworkd — Assemble, configure, and deploy autonomous AI Agents in your browser.
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Accomplice
VC Fund · Cambridge, Massachusetts, United States · 3 investments in Canada Food and Beverage startups, 9 in the past 12 months

Accomplice is a venture firm and contemporary family office. We have been part of the origin story of AngelList, Carbon Black, Coinlist, Currencycloud, DraftKings, FalconX, FLOW, Freshbooks, Integral Ad Science, Hopper, HQO, Luna, Near, Orchard, Patreon, PillPack, Plastiq, Recorded Future, SecurityScorecard, Skillz, Veracode, Work Human, WHOOP, Zoopla, and more. We are also founders behind Accomplice Blockchain and the Spearhead operator-angel movement.

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Investment focus

  • Industry: Software, FinTech, SaaS
  • Stage:Series A, Seed, Series B
  • Geography: United States, Canada, United Kingdom

Investor stats

  • Total investments: 242
  • Round size: Seed $1.7M–$6.3M; Series A $5M–$25M; Series B $6.7M–$40M
  • Lead/follow: 27% lead, 73% follow
  • Last fund: Likely still investing — raised $405M in 2022

Portfolio highlights

  • Koverly — Leading B2B global payments solution that provides flexible options to pay over time and saves businesses up to 50% on foreign exchange fees.
  • StellarFi — We Pay Your Bills, So YouCan Build Credit. With Stellar your bills are paid on time and on your terms.
  • Watershed Informatics — Empowering clients to design, execute, and iterate sequencing analyses using our intuitive, low-code platform. Watershed is where data becomes insight.
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BDC Venture Capital
VC Fund · Calgary, Alberta, Canada · 3 investments in Canada Food and Beverage startups, 33 in the past 12 months

BDC Venture Capital is a major venture capital investor in Canada, active at every stage of the company's development cycle, from seed through expansion, with a focus on technology-based businesses that have high growth potential and that are positioned to become dominant players in their markets. The company helps create and develop strongCanadian businesses through financing, consulting services and securitization, with a focus on small and medium-sized enterprises.BDC Venture Capital has been involved in venture capital since 1975 and has to date invested in more than 400 companies involved in the areas of Life Sciences, Telecommunications, Information Technology and Advanced Technologies.

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Investment focus

  • Industry: Software, Information Technology, Internet
  • Stage:Series A, Seed
  • Geography: Canada, United States, Japan

Investor stats

  • Total investments: 302
  • Round size: Seed $392k–$4M; Series A $2.5M–$16M
  • Lead/follow: 25% lead, 75% follow
  • Last fund: Likely still investing — fund raised in 2022

Portfolio highlights

  • Cognota — Synapse helps companies around the world improve the productivity of their corporate learning and development teams. Our award-winning software streamlines training intake, project and capacity planning, and content design processes to make training teams more digital, agile, and efficient.This first-of-its-kind software allows our customers toget better visibility into the training needs of their businesses and consolidate the disparate tools they are using so they can access capacity data for better decision making and author course content with unprecedented speed.Collaboration with subject matter experts takes place directly within the platform ensuring knowledge is effectively captured and easy to update as required.The Synapse mission is to enable more people to learn and grow. Founded in 2015, Synapse has clients in multiple sectors and is based out of Toronto Canada with offices in San Diego and Merida, Mexico. For more information about Synapse software, visit www.getsynapse.com.
  • InnerSpace — InnerSpace is the fastest way to transform your business and power the hybrid workplace strategy. Transforming workplace experience with insights into how people use a space and create innovative solutions that drive revenue and improve operations to hybrid offices.
  • Carbon Upcycling — Carbon Upcycling Technologies (“CUT”) was formed to use the pollution of today to build the materials of tomorrow by converting CO2 gas into solid products. CUT sells advanced solid products derived from greenhouse emissions and cheaply available solids. Since 2014, CUT has scaled its ability to convert CO2 emissions into value-add end materials byover a million times. Through its portfolio of CO2-derived solid nanoparticles, CUT has technically validated its solutions for use in plastics, coatings, epoxy, adhesives, concrete, lithium-ion battery, and pharmaceutical industries. CUT recently launched a consumer brand called Expedition Air.CUT commercialized a corrosion-resistant coating, utilizing its nanoparticles, in 2017, becoming the youngest CO2 utilization company to generate commercial revenue (<2.5 years since inception) and has since been confirmed as one of the top CO2 utilization companies in the world as a winner of the X-Factor Award in the NRG COSIA Carbon XPRIZE. CUT has been named as a Solar Impulse Efficient Solution label recipient, a funding recipient of Fundación Repsol Entrepreneurs Fund, and a winner of the 2019 76West Clean Technology Competition.CUT’s most advanced product is its CO2-embedded concrete additive. In 2018, CUT graduated from the LafargeHolcim Accelerator in France and has continued conversations and testing with the company since then. CUT is also partnered with Burnco and Cemex. CUT’s commercial demonstration at the Alberta Carbon Conversion Technology Centre produces over 20 tonnes of concrete additives in a day. The product reduces the carbon footprint of concrete manufacturing by up to 25% while increasing the compressive strength of concrete by up to 40%.
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Global Founders Capital
VC Fund · Berlin, Berlin, Germany · 3 investments in Canada Food and Beverage startups, 36 in the past 12 months

Over the past two decades, GFC have backed over five hundred entrepreneurs worldwide, e.g. Facebook, LinkedIn, Slack, and Away Travel.

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Investment focus

  • Industry: Financial Services, Software, FinTech
  • Stage:Seed, Series A, Pre-Seed
  • Geography: United States, Germany, United Kingdom

Investor stats

  • Total investments: 751
  • Round size: Seed $1.1M–$7.2M; Pre-Seed $725k–$5M; Series A $3.3M–$30M
  • Lead/follow: 24% lead, 76% follow
  • Last fund: May invest from a new fund soon — last raise in 2018

Portfolio highlights

  • Kaso — Elkaso is the leading Order and Procurement Management Tool for Restaurants and Suppliers in the Middle East.
  • Momento — Momento is an insurtech company with the objective of revolutionizing the insurance industry in Latin America, starting with car insurance. We want to make insurance easy and accessible for the underserved population in LATAM.
  • Equilibrium Energy — Equilibrium Energy operates at the intersection of grid variability, market volatility, economic optimization, commercial structuring, trading, and risk management, across the end-to-end power value chain. Their ambition is to become a next-generation clean power company that reshapes the energy industry. They address inquiries through onlineapplications.
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Avrio Capital
VC Fund · Calgary, Alberta, Canada · 3 investments in Canada Food and Beverage startups

Avrio Capital is a venture capital and private equity investment firm specializing in commercialization to growth-stage companies with a focus on later-stage, early stage, mid venture, middle market, and emerging growth businesses. It also provides mezzanine financing. Avrio Capital prefers to invest in food technology, advanced agriculture,industrial bioproducts, and nutraceutical ingredients and innovative companies that provide solutions to global challenges in the areas of health, wellness and sustainability. It invests in companies based in Canada and North America. Avrio Capital seeks to invest between CAD $1 million $0.77 million to CAD $10 million $7.70 million, with significant capital reserved for subsequent financing rounds over the life of the portfolio company. It seeks to invest in companies with sales value between CAD $1 million $0.77 million and CAD $20 million $15.40 million. Avrio Capital prefers to take an active role in each investment it makes. It began operation in 2006, with its headquarters in Alberta in Canada and additional offices in Ontario and Quebec therein.

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Investment focus

  • Industry: Agriculture, Food and Beverage, Hospitality
  • Stage:Series B, Series C
  • Geography: Canada, United States

Investor stats

  • Total investments: 9
  • Lead/follow: 33% lead, 67% follow

Portfolio highlights

  • Hortau — Hortau provide to growers real time field and soil data to help them make decisions around irrigation and fertilizer applications.
  • SOL Cuisine — Contact us Question about our products? Want to tell us you love one of our recipe? Need to bring something to our attention? We're always delighted to hear from you. Select your optionWhere to buy our productsProduct Questions, Praise or SuggestionsProduct Issue or ComplaintInvestorsBusiness Partners & WholesaleMedia & EventsCoupon RequestsCareers InquiriesOther To report a product
  • Enterra Feed — Enterra is a Vancouver-based company commercializing a natural system that uses a common beneficial insect to rapidly recover nutrients from recycled food waste; sourced from grocery stores, markets, food distributors and food processors, to up-cycle the nutrients into sustainable feed ingredients for aquaculture, animal feed and pet food, as wellas a concentrated natural fertilizer product for use in agriculture.
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Business Growth Fund
VC Fund · London, England, United Kingdom · 2 investments in Canada Food and Beverage startups, 28 in the past 12 months

BGF invests in hundreds of businesses from an evergreen balance sheet. But we offer more than just growth capital. Find out what makes us different.

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Investment focus

  • Industry: Software, Information Technology, Manufacturing
  • Stage:Series A, Private Equity
  • Geography: United Kingdom, Ireland, United States

Investor stats

  • Total investments: 220
  • Round size: Series A $1.2M–$16M; Private Equity $5.4M–$28M
  • Lead/follow: 85% lead, 15% follow
  • Last fund: Likely still investing — fund raised in 2022

Portfolio highlights

  • Avoca Clinic — The Avoca Clinic is Ireland's only plastic surgery clinic. Our World Class Consultants are all Irish Medical Council Registered. Book a free consultation today
  • Stellar Omada — Stellar Omada delivers leading business & digital transformation that exceeds expectations in a constantly changing world. Contact us.
  • Machine Discovery — Machine Discovery is a University of Oxford spin-out commercializing new machine learning technology. We leverage proprietary neural network technology to accelerate expensive calculations — and we do it with minimal data and 99.9% fidelity.
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Mistral Venture Partners
VC Fund · Ottawa, Ontario, Canada · 2 investments in Canada Food and Beverage startups, 7 in the past 12 months

Mistral Venture Partners is a seed-stage venture capital firm that invests in early-stage technology companies. The firm invests in startups that solve critical business problems, regardless of the business model– enterprise software, B2B SaaS, marketplaces, etc. It also partners with founders who value experience, commitment, and the higheststandards of integrity and respect.

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Investment focus

  • Industry: Software, SaaS, Internet
  • Stage:Seed, Series A, Series B
  • Geography: Canada, United States

Investor stats

  • Total investments: 58
  • Round size: Seed $400k–$5.5M; Series A $3.9M–$7.5M; Series B $8.7M–$38M
  • Lead/follow: 28% lead, 72% follow
  • Last fund: May invest from a new fund soon — raised $36M in 2020

Portfolio highlights

  • Expeto — Expeto is the world’s first and market leading “carrier-grade” Private Mobile Networking (PMN) platform that allows enterprises to confidently extend public and private mobile networks as one secure corporate WAN without losing control of their data or devices. Unlike hardware-heavy legacy solutions, Expeto is a containerized, software solutionpurpose-built to install behind the firewall, from the cloud, at the edge, or on prem. Affordably offered “as-a-service” and easily managed by IT, Expeto is as easy to deploy and manage as a Wi-Fi network.
  • Cookin — Cookin is a homemade food delivery marketplace where people can find home-cooked meals and have them delivered to their doors.Cookin Inc. is rethinking what it takes to start a food business and enabling a new class of creators to do what they love. Cookin empowers talented cooks, many of whom are reinventing themselves from a topsy-turvyrestaurant industry, to turn their own talents and home kitchens into a source of income. Cookin matches buyers and cooks together on the marketplace and dispatches a driver to pick up the meal and deliver it.
  • Buckzy Payments — Buckzy Payments is dedicated to building the worlds first open real-time ecosystem for enabling consumers and small businesses to send and receive money instantly, 24x7, 365 days
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MaRS Investment Accelerator Fund
VC Fund · Toronto, Ontario, Canada · 2 investments in Canada Food and Beverage startups

Working with Ontario talent to develop World Class Companies Learn More

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Investment focus

  • Industry: Software, Artificial Intelligence, SaaS
  • Stage:Seed, Pre-Seed, Series A
  • Geography: Canada, United States

Investor stats

  • Total investments: 138
  • Round size: Seed $363k–$3M; Pre-Seed $367k–$1M; Series A $6.8M–$15M
  • Lead/follow: 17% lead, 83% follow
  • Last fund: May invest from a new fund soon — last raise in 2014

Portfolio highlights

  • ODAIA — Empowering Pharma's Next Generation of Engagement with HCPs
  • KeyOps — A revolutionary physician engagement platform that allows doctors to quickly share their expert opinions with healthcare stakeholders such as government institutions, hospitals, universities, and life science companies.
  • Vivid Machines — Digitizing permanent crop production | Vivid Machines | Ontario
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BDC Capital's Growth & Transition Capital
VC Fund · 2 investments in Canada Food and Beverage startups

Get customized financing with flexible repayment terms to raise capital for growth or business transition projects, without diluting ownership.

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Investment focus

  • Industry: Software, Information Technology, Consulting
  • Stage:Debt Financing, Seed
  • Geography: Canada, China

Investor stats

  • Total investments: 18
  • Round size: Seed $1M–$1.5M; Debt Financing $1.5M–$4.4M
  • Lead/follow: 89% lead, 11% follow

Portfolio highlights

  • Fundy Drinks — Viveau is made with two ingredients, real fruit and lightly sparkling mineral water. Since day one, Viveau has stood with the real food movement. That’s why we source our fruit and water from the earth, not the lab. We’re proud to work with local Canadian farmers ethically and sustainably to source, grow, and pick our fruit. Flavours include crispapple, wild blueberry, tart cherry, and ripe strawberry.
  • Metrio Software — ESG reporting software that automates data collection, analysis, and report creation so you can focus on your company's sustainability goals.
  • Global Spatial Technology Solutions (GSTS) — GSTS designs and develops advanced global digital solutions that enhance safety, security, efficiency and environmental sustainability...
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RIV Capital
VC Fund · Toronto, Ontario, Canada · 2 investments in Canada Food and Beverage startups

RIV Capital building a leading cannabis CPG platform focused on discovering, acquiring, and accelerating brands that align with our premium vision.

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Investment focus

  • Industry: Cannabis, AgTech, Health Care
  • Stage:Seed, Series A
  • Geography: Canada, United States, Italy

Investor stats

  • Total investments: 14
  • Round size: Seed $1.5M–$2.5M; Series A $6.7M–$12M
  • Lead/follow: 57% lead, 43% follow

Portfolio highlights

  • Dynaleo — At Dynaleo, we produce the highest quality cannabis-infused Edible Gummies. Learn more about our innovative CBD and THC gummies on our website.
  • Headset — Retail & market insights for cannabis retailers, product manufacturers, CPGs, processors, growers & all ancillary services.
  • TerrAscend — A Leading Vertically-Integrated North American OperatorTerrAscend is a leading North American cannabis operator with vertically integrated operations in
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Garage Capital
VC Fund · Waterloo, Ontario, Canada · 2 investments in Canada Food and Beverage startups, 10 in the past 12 months

Built by founders, for founders. Garage Capital helps best-in-class companies jump from garage to growth.

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Investment focus

  • Industry: Software, Information Technology, Internet
  • Stage:Seed, Series A, Pre-Seed
  • Geography: Canada, United States, United Kingdom

Investor stats

  • Total investments: 76
  • Round size: Seed $2M–$6.5M; Pre-Seed $585k–$3.6M; Series A $7.3M–$24M
  • Lead/follow: 4% lead, 96% follow

Portfolio highlights

  • Eli — The women's health company providing lifelong insights from your saliva.
  • Quilt — Quilt's mission is to move humanity off fossil fuel heating, starting with the home. 20% of US global warming emissions come from homes (that’s more than cars!). The largest driver of home emissions is burning fossil fuels for heat. Quilt's first product is a next generation heating and cooling system that makes homes more comfortable,healthier and more efficient, based on all-electric heat pump technology.
  • Finta — Finta lets founders and operators easily manage taxes, bookkeeping, and financial insights - all in one platform.
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Inovia Capital
VC Fund · Montréal, Quebec, Canada · 2 investments in Canada Food and Beverage startups, 11 in the past 12 months

We support entrepreneurs at every stage of their journey and build technology companies that generate a positive impact on society.

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Investment focus

  • Industry: Software, SaaS, E-Commerce
  • Stage:Seed, Series A, Series B
  • Geography: Canada, United States, United Kingdom

Investor stats

  • Total investments: 259
  • Round size: Seed $581k–$6.2M; Series A $1.4M–$15M; Series B $4.3M–$85M
  • Lead/follow: 37% lead, 63% follow
  • Last fund: Likely still investing — fund raised in 2022

Portfolio highlights

  • Novisto — Novisto empowers companies and private investors to create value from their ESG strategies, data, and reporting.
  • Cohere — Cohere provides access to advanced Large Language Models and NLP tools through one easy-to-use API. Get started for free.
  • Plenty — Plenty makes it easy for modern partners to invest and plan for their future together. Effortlessly invest like the 1% and turn your goals and dreams into reality.
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Mantella Venture Partners
VC Fund · Toronto, Ontario, Canada · 2 investments in Canada Food and Beverage startups

Mantella Venture Partners is a $20M early stage fund with a hands-on approach to building technology companies. We invest in exceptional entrepreneurs building market-altering mobile and Internet software businesses. At MVP we invest early.We invest alone, or alongside other value-added venture and angel investors that share the belief thatfounder/investor alignment is key to building successful companies and profitable exits. After investment, our portfolio companies benefit from active, hands-on involvement in all phases of growth, including product development, business development, marketing, financing, and team development. If you're looking for partners for your whole journey, not just money, get us involved early.

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Investment focus

  • Industry: Software, Mobile, E-Commerce
  • Stage:Seed, Series A, Series B
  • Geography: Canada, United States

Investor stats

  • Total investments: 26
  • Round size: Seed $250k–$4M; Series A $1.4M–$12M
  • Lead/follow: 46% lead, 54% follow
  • Last fund: May invest from a new fund soon — last raise in 2010

Portfolio highlights

  • Altrio — Altrio is bringing real estate capital markets online
  • Shopistry — Shopistry is a flexible, headless e-commerce platform that gives brands the tools to build any type of buying experience at scale. Custom storefronts. Mobile-first. Endless integrations.
  • Enso Connect — Seamless digital guest experience from booking through the entire stay and long-lasting relationships after check-out. Vacation rentals & Hotels remarketing tool.
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Valhalla Private Capital
VC Fund · Calgary, Alberta, Canada · 2 investments in Canada Food and Beverage startups

Valhalla Private Capital offers investor and startup, angel investing, private equity and debt funds, and global accelerator programs to meet the lifecycle needs of both businesses and investors. In 2017, Danny Way established the firm in Calgary, Alberta.

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Investment focus

  • Industry: Software, Marketing, Apps
  • Stage:Seed, Pre-Seed
  • Geography: Canada

Investor stats

  • Total investments: 4
  • Round size: Seed $825k–$2.3M
  • Lead/follow: 25% lead, 75% follow

Portfolio highlights

  • PLAYR.gg — Surf Giveaways is the #1 platform to run giveaways, sweepstakes, and contests for gamers. Grow your audience and build your community with giveaways now!
  • Beatdapp — Beatdapp offers a tracking system that authenticates, verifies, and validates media streamed in real-time.The service reduces the tracking discrepancies between Digital Service Providers (DSPs) and rights holders, increasing royalty revenue for rights holders while limiting legal exposure to royalty lawsuits for DSPs. Think of it like a PWC formusic play count.
  • Dyne — Growing restaurants and local economies while connecting communities over food. We are in the foodie community business, ready to Dyne with us?
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Two Small Fish Ventures
VC Fund · Toronto, Ontario, Canada · 2 investments in Canada Food and Beverage startups

We are an early stage venture capital firm that invests globally in early-stage, transformative tech companies with strong network effects.

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Investment focus

  • Industry: Software, E-Commerce, Artificial Intelligence
  • Stage:Seed, Series A
  • Geography: Canada, United States

Investor stats

  • Total investments: 34
  • Round size: Seed $1.5M–$5M
  • Lead/follow: 0% lead, 100% follow
  • Last fund: Likely still investing — raised $17M in 2022

Portfolio highlights

  • YOURIKA — AI-assisted education technology and student support
  • Ideogram — Ideogram: Helping people become more creative.
  • Story Protocol — Story Protocol is building open IP infrastructure to grow the creativity of the internet era.
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Heron Rock Fund
VC Fund · Ottawa, Ontario, Canada · 2 investments in Canada Food and Beverage startups

Tom Williams | Heron Rock. Angel investments.

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Investment focus

  • Industry: Software, Health Care, SaaS
  • Stage:Seed, Series A
  • Geography: United States, Canada, India

Investor stats

  • Total investments: 57
  • Round size: Seed $250k–$21M; Series A $4M–$12M
  • Lead/follow: 12% lead, 88% follow
  • Last fund: Likely still investing — fund raised in 2022

Portfolio highlights

  • Fieldcraft — Fieldcraft is the ingredient marketplace for food and beverage companies. Search, sample and simplify bulk industrial ingredient sourcing.
  • Henry Meds — Henry is a platform that empowers clinicians to deliver affordable treatment for chronic medical conditions.
  • Heard Technologies — Heard combines smart software with real humans to handle accounting, payroll and taxes. We act as a trusted financial advisor for your private practice.
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Real Ventures
VC Fund · Montréal, Quebec, Canada · 2 investments in Canada Food and Beverage startups, 8 in the past 12 months

Real Ventures is an early-stage venture firm focused on serving daring entrepreneurs with the ambition to create successful, global companies. Since 2007, Real Ventures has dedicated itself to building the Canadian startup ecosystem on the belief that people, not money, build game-changing companies. Real Ventures provides stage-specific guidance,mentorship, and access to networks and resources to fast-track founders’ personal and company growth. Real Ventures manages $325 million across five funds and its active portfolio of 100+ companies is currently valued at $10 billion. www.realventures.com

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Investment focus

  • Industry: Software, Artificial Intelligence, Machine Learning
  • Stage:Seed, Series A, Series B
  • Geography: Canada, United States

Investor stats

  • Total investments: 195
  • Round size: Seed $581k–$4M; Series A $1.6M–$17M; Series B $7M–$145M
  • Lead/follow: 16% lead, 84% follow
  • Last fund: May invest from a new fund soon — raised $131M in 2017

Portfolio highlights

  • dcbel — dcbel's mission is to deliver energy that lets people live a life without compromise.dcbel™ (formerly known as Ossiaco) sits at the nexus of residential solar power, electric vehicle charging, the smart home, and customer-centric utilities. The dcbel team has a proven history of rethinking energy distribution for everything from largeutility customers to distributed energy resource providers.dcbel's AI-driven sustainable technologies enable people to leverage solar energy to power their cars, their homes, and their lifestyles.dcbel has numerous worldwide patents in power electronics and power conversion and is backed by a number of globally respected investors.
  • HumanFirst — The complete productivity suite to transform natural language into business insights and AI training data
  • BIOS — BIOS Health is unlocking the potential of the nervous system in treating chronic disease by using AI-powered neural interfaces that can automatically read and write neural signals.
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Forage Capital Partners
VC Fund · Calgary, Alberta, Canada · 2 investments in Canada Food and Beverage startups

Forage Capital Partners is a growth equity fund for Ag & Food Business Solutions. Forage Capital is an investor in the agriculture and food industry, who invests in uncertain times to help Canadian companies grow profitably and compete on the world stage.

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Investment focus

  • Industry: Food and Beverage, Organic Food, Water
  • Stage:Series A, Series B
  • Geography: Canada, United States

Investor stats

  • Total investments: 8
  • Round size: Series A $3.5M–$18M
  • Lead/follow: 75% lead, 25% follow

Portfolio highlights

  • Ostara — Ostara Nutrient Recovery Technologies Inc. helps protect precious water resources by changing the way cites around the world manage nutrients in water streams
  • Vytelle — Vytelle is a company with a deeper purpose and revolutionary technology that helps to advance bovine, deer and buffalo genetics faster by redefining reproduction.
  • Croptimistic Technology Inc — Soil, water, and topography (SWAT) MAPS are built from layers of field data for zone management, variable rate fertilizer & seed applications
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Matchstick Ventures
VC Fund · Boulder, Colorado, United States · 2 investments in Canada Food and Beverage startups, 7 in the past 12 months

Matchstick is an early stage venture fund in the North and Rockies. We invest where innovative ideas, huge markets and, most importantly, diverse founders strike. We are honored to support "underdog" founders who will stop at nothing to succeed. Matchstick exists to act as a catalyst for our founders, our partners, and our startup communities.

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Investment focus

  • Industry: Software, E-Commerce, SaaS
  • Stage:Seed, Pre-Seed, Series A
  • Geography: United States, Canada, India

Investor stats

  • Total investments: 116
  • Round size: Seed $170k–$4M; Pre-Seed $350k–$1.5M; Series A $2.4M–$20M
  • Lead/follow: 16% lead, 84% follow
  • Last fund: Likely still investing — fund raised in 2021

Portfolio highlights

  • Two Boxes — The future of sustainable e-commerce returns has arrived. Two Boxes is the best way to process returns and capture critical data from the returns process.
  • Presta — Presta provides digital lending infrastructure for the banking industry. The company was founded in 2022 and is headquartered in Cleveland, Ohio.
  • Tab Commerce — Tab Commerce helps restaurants of all sizes consolidate, analyze, and better manage every single expense they have.
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InnoStart Capital
VC Fund · Montréal, Quebec, Canada · 2 investments in Canada Food and Beverage startups

InnoStart Capital is a small venture capital firm focusing on early-stage investments.

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Investment focus

  • Industry: Video Games, Financial Services, E-Commerce
  • Stage:Seed, Pre-Seed
  • Geography: Canada, Malaysia

Investor stats

  • Total investments: 13
  • Round size: Seed $545k–$1.3M
  • Lead/follow: 38% lead, 62% follow

Portfolio highlights

  • Pop Meals — Expect exciting, locally trending meals at an affordable price! Now with dine-in, pickup and delivery .
  • Livescale — Try the Live Shopping solution with e-Commerce and checkout integration. Boost your real-time sales and skyrocket your brand awareness among communities!
  • Ludex — A web3 protocol that enables video games to operate on-chain.
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MATH Venture Partners
VC Fund · Chicago, Illinois, United States · 2 investments in Canada Food and Beverage startups

Here at Math Venture Partners, we partner with founding teams to take their vision further and grow with greater certainty.

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Investment focus

  • Industry: Software, Mobile, Information Technology
  • Stage:Seed, Series A, Series B
  • Geography: United States, Canada

Investor stats

  • Total investments: 65
  • Round size: Seed $1M–$3M; Series A $3.5M–$18M
  • Lead/follow: 20% lead, 80% follow
  • Last fund: May invest from a new fund soon — raised $46M in 2019

Portfolio highlights

  • Reposite — Reposite is the all-in-one workspace to power the travel trade
  • WorkTorch — QuickHire is a career discovery platform for the service economy workforce. We partner with job seekers to find career fulfillment by finding the right job and advancement opportunities. This unique approach helps us provide a better engaged and aligned talent pool for employers.
  • 86 Repairs — 86 Repairs is the repair and maintenance management platform built for the restaurant industry. Spend less time and money with our tech-enabled solution.
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Food and Beverage VC funding in Canada at a glance

Stats across 288 deals from 233 investors.

233
investors
in Canada Food and Beverage startups
288
deals
in Canada Food and Beverage startups
$1.5M
median round
in Canada Food and Beverage startups
49%
lead investors
lead at least one round
19%
Seed
most common funding stage

Access all 233 VC funds in Canada Food and Beverage startups.

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