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HomeMore NewsBanking & FinanceA $2.5 million investment to boost Canada's agribusinesses

A $2.5 million investment to boost Canada’s agribusinesses

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CALGARY (CU)_The city of Calgary, in the Canadian province of Alberta, is considered to be a hub for precision agriculture and agricultural technology. Based in the Canada’s farming and ranching belt, the city has a long history with agribusiness. As a result, Calgary has a built-in workforce with specialized skills, along with a host of distribution channels designed to fit the sector. Therefore, it came as no surprise that global agri-food venture capital firm SVG Ventures Thrive has decided to make the city its Canadian headquarters.

Announcing its decision on Wednesday (30 June), the company revealed that the move will involve…

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