Investment Criteria
Avrio invests in food technology and advanced agriculture companies that are developing products and services, and have the following attributes:
- An experienced growth oriented management team
- A sustainable competitive advantage either through proven science, proprietary intellectual property, a strong brand franchise, or a superior operating platform
- A large addressable market opportunity or a high-growth niche market segment
- A sound business model with proven revenue generation
- An entrepreneurial desire to build an enduring, world class organization
Industry Focus
Avrio looks for investments in two high-growth sectors:
- Agriculture: Science or innovation that optimize plant or livestock yields, improve resistance to disease or other stress conditions, or modify the overall performance characteristics to facilitate the production of biofuels, renewable chemicals, and bio-based materials
- Food: Innovations in food science aimed at improving overall health, nutrition, safety or pleasure in the food and drink consumed
Stage of Investment
Avrio invests in commercialization to growth stage companies with a focus on later stage businesses facing exponential growth opportunities.
Typically, the use of proceeds is to commercialize products, initiate product roll-outs, expand distribution and market presence, or fund growth (organically or through acquisitions).
Size of Investment
Avrio will initially invest between $3-$5 million, with significant capital reserved for subsequent financing rounds over the life of the portfolio company.
The Avrio team is patient, recognizing that successful companies require support over a number of years to realize their potential value.
Investment Region
Avrio invests predominantly in Canadian-based companies, but will also invest in companies in other areas that are able provide an economic or technological benefit to Canada within 12 months of the initial investment.
If your company meets these criteria, please submit a business plan via email.