Key Takeaways
- InvestEco Capital has announced the final close of its Sustainable Food Fund IV, with total commitments of C$106 million — the largest fund in the firm's history.
- Investors include Farm Credit Canada, Export Development Canada, the Business Development Bank of Canada, Fonds de solidarité FTQ, and two Government of Canada Social Finance Fund wholesalers, Boann and Realize Capital Partners, alongside a number of private investors and family offices.
- The fund's investments to date include Humble Snacks, Little Sesame, Mid-Day Squares, and Algae Cooking Club.
- InvestEco expects to make a further 6 to 10 investments from the fund over the next few years.
- Founded in 2002 and based in Toronto, InvestEco is a venture capital firm and impact investor focused on high-growth food companies that promote health and sustainability.
InvestEco Capital Closes Largest Fund to Date at C$106M
InvestEco Capital has announced the final close of its Sustainable Food Fund IV, with total commitments reaching C$106 million — the largest fund the Toronto-based firm has raised to date. The fund will continue InvestEco's strategy of investing in high-growth food companies that advance health and sustainability across the food sector.
Institutional and Private Backing Behind the Fund
The fund drew commitments from a mix of institutional and private investors. Backers include Farm Credit Canada, Export Development Canada, the Business Development Bank of Canada, and Fonds de solidarité FTQ, along with two Government of Canada Social Finance Fund wholesalers, Boann and Realize Capital Partners. InvestEco also secured commitments from a number of private investors and family offices, rounding out the fund's capital base.
InvestEco Portfolio Companies and Investment Pace
Sustainable Food Fund IV's investments to date include Humble Snacks, Little Sesame, Mid-Day Squares, and Algae Cooking Club — companies spanning snack foods, plant-based proteins, and alternative cooking ingredients. InvestEco expects to make a further 6 to 10 investments from the fund over the next few years as it continues deploying capital across the sustainable food sector.
