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

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