Farm Credit Canada to Invest $2 Billion in Agtech by 2030

Farm Credit Canada (FCC) has announced a commitment to invest $2 billion in agtech innovation by 2030 through its investment arm, FCC Capital. This funding aims to enhance efficiency, productivity, and sustainability in the agriculture sector, addressing a historical lack of venture capital in Canada.

Original excerpt: “Until now, investment dollars have been scarce and have not scaled to meet the increasingly sophisticated needs of the sector,” said FCC president Justine Hendricks in a news release…

Source: The Western Producer