Calgary Alberta – The51 Ventures Inc. is proud to announce the launch of its full-stack Food & AgTech Fund, focused on investment opportunities for women-led diverse businesses in the agriculture, food, and aquaculture technology sectors.
The51 is a Financial Feminist™ platform where investors and entrepreneurs come together for to build mutual wealth, social/environmental impact and share knowledge and experiences. Investing in The51 Ventures’ Food & AgTech Fund means investing in women and diverse teams driven to change and innovation.
Food & AgTech Fund is The51 Ventures’ second fund that is sector specific. The first fund focused on equity, equity related and debt investments in women-led early-stage innovative companies, based primarily in Canada.
"The51 recognizes the significant opportunity within the Food & AgTech sector. Within our existing investment and entrepreneurial community, we have a wealth of human and intellectual capital,” explains Judy Fairburn, Co-Founder and Co-CEO of The51. “Additionally, we know that all industries are increasingly becoming consumer-driven which necessitates 'farm to fork'—again we are leveraging leaders in our community who bring valuable experience and know-how. Our capital and our community are a powerful platform for women and diverse founder-led innovation and growth."
Women and diverse founders in a traditionally male-dominated sector, offers a fresh perspective and economic potential. According to Statistics Canada (https://www150.statcan.gc.ca/n1/pub/96-325-x/2017001/article/54925-eng.htm), the perception of the traditional farmer will change in the next generation of Canadian operators.
Additionally, the wealth transfer in Canada is underway, along with the shift in industry representation. The51 Ventures is at the forefront of this social and economic opportunity that by 2030, 65% of Canada’s wealth will be in the hands of women, coupled with consumers' spending influence and corporate supply chain diversification targets.
Next, The51’s new fund will start investing in innovative companies with diverse leadership teams that will offer financial gains to create social and/or environmental impact.