Avrio Capital Announces Completion of Three Investments
Avrio, May 19, 2016 – Avrio Capital Inc. (“Avrio”) is pleased to announce that it has deployed C$15M of capital from its third institutional late stage venture fund, Avrio Ventures Limited Partnership III (the “Fund”). Avrio’s new portfolio investees include Intelia Technologies Inc. and Alasko Inc., both based in Montreal, QC and Cadcan Marketing & Sales Inc. (operating as CheeCha Puffs), based in Calgary, AB. Also based in Calgary, Alberta, the Avrio team is one of Canada’s longest standing venture franchises having accumulated 15 years of investment experience while placing in excess of C$225M across over fifty portfolio companies in agriculture and food technology.