FCC To Invest $2B In Agriculture And Food Industry

REGINA — Farm Credit Canada (FCC) has committed to investing $2 billion by 2030 to advance agtech innovation in Canada’s agriculture and food industry. Farm Credit Canada says that this will direct more investment into innovative devices, instrumentation, research, and methodologies designed to improve efficiency, productivity, and sustainability.

The funds will come from the organization’s new investment arm, FCC Capital. Launched in 2024, FCC Capital offers investment funds and direct equity capital dispersed from the pre-seed stage to growth-driven late-stage companies. In its inaugural year, it made nine direct investment deals totalling $170 million, investing in three new funds and adding a new business accelerator to its portfolio.

“Canada’s economic future requires an agriculture and food industry leading the world in innovation and productivity. However, until now, investment dollars have been scarce and have not scaled to meet the increasingly sophisticated needs of the sector. Through this investment, FCC is delivering on its commitment to be a catalyst and support innovation and productivity in one of Canada’s most important and investable sectors,” said Justine Hendricks, FCC president and CEO.