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$51M Fund Boosts Agricultural Innovation in Alberta

January 17, 2025 by Newsdesk

ATB Financial and The51 Food and AgTech General Partners have finalized The51 Food and AgTech Fund at $51 million, supporting early-stage science and technology founders transforming agriculture. Managed by NYA Ventures, the fund targets innovations in crop yields, soil health, and sustainable food production.

ATB CEO Curtis Stange emphasized the bank’s commitment to Alberta’s agriculture sector. Fund leaders Shelley Kuipers, Judy Fairburn, and Alison Sunstrum stressed backing underrepresented founders and leveraging technologies like AI and biotechnology to modernize farming. This funding milestone reflects investor confidence in agricultural innovation.

Want to know more? Check out the source code on Calgary.tech.

Filed Under: News Tagged With: The 51

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