Agrium helps Finistere grow $150m Fund II

Aug 4, 2016 • Robert Lavine

Finistere Ventures has welcomed the agribusiness to an LP syndicate already containing Bayer as part of the agriculture technology fund it is raising.

Agricultural product manufacturer Agrium has agreed to contribute an undisclosed sum to Finistere Ventures Fund II, the latest fund to be raised by US-based venture capital firm Finistere Ventures.

Finistere II was launched in 2015 and is targeting early and growth-stage companies developing plant nutrition and biological products, seed technology, digital agriculture products and novel farm systems.

Chuck Magro, president and CEO of Agrium, said: “We believe this investment will significantly enhance Agrium’s ability to access and evaluate the pipeline…

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