Verdex Capital (formerly AVAC Group) is a purpose-driven, evergreen venture capital firm that invests in the Canadian food and agricultural sectors. Our mission is to advance Canadian agriculture by investing in venture and community development. We look to invest in ways that achieve strong financial returns with measurable environmental and social impact.We invest directly in companies we form through our venture studio, Carrot Ventures. We co-invest in high-impact venture and community development initiatives with other industry leaders. We also invest selectively as an LP in other fund managers.Verdex Capital also manages Accelerate Fund I, an angel co-investment venture fund targeting early stage Alberta tech opportunities.Since its inception in 1997, Verdex Capital has invested directly in over 120 companies, and as a Limited Partner in 14 venture capital funds.

Responsible for the full investment lifecycle, from deal origination through to exit, for a portfolio of investee companies.

Carrot Ventures is a venture studio that creates new companies to commercialize early-stage agricultural technologies. Carrot's goal is to maximize shareholder value by creating and financing new companies focused on solving real market problems. Carrot does that by putting novel technology in the hands of professional leadership and making sure companies are properly structured and financed. The fund is a partnership between Verdex Capital and Farm Credit Canada.

Formed by Carrot Ventures, Cellar Insights is a Canadian AgTech startup built around a suite of sensors and cloud-based algorithms that remotely monitor potato health in long-term storage. Cellar Insights is working towards predictive models for optimal storage conditions to eliminate unnecessary waste in storage, boosting productivity of harvests, and grower returns. For more information, please visit cellarinsights.com.

Formed by Carrot Ventures, Susterre is pioneering the use of ultra-high pressure water jets in row crop planting applications. Susterre's technology promotes regenerative practices like no-till farming and cover crops on a permanent basis, lowers the costs of planting and adds time to the farmer's planting window.

Wedge Networks provides high-performance network-based web security solutions to enterprises and service providers worldwide.

Samdesk delivers crisis alerts in real-time so you can know sooner, act quicker and make smarter decisions.

BlackSquare is a global leader in direct to consumer solutions for the alcoholic beverage industry.

Leankor is an enterprise SaaS company providing visual workflow and project management solutions built entirely on the Salesforce App Cloud and integrating with Salesforce CPQ. Leankor's customers deliver their products and services faster, invoice sooner and improve overall cash flow.

eThor's point of sale (POS) integration solution enables merchants to easily connect their credit card payment devices (Poynt, Clover, Ingenico, PAX) with their existing POS system (Micros, Aloha, Dinerware).

iConnectivity develops hardware and software for musicians that adds computers and mobile devices to their toolset, changing the way musicians wire up their gear through easy-to-use but powerful network connectivity capabilities.

Decisive Farming offers highly effective farm management solutions to grain, oilseed and pulse farmers. Geared toward farm profitability and ease-of-use, Decisive' variable rate technology, crop marketing and information management services set the standard in quality and service.Acquired by TELUS, Dec 2019.

Business Infusions delivers a best-in-class veterinary practice management software technology solution to business-savvy veterinarians, practice managers and hospital administrators.

LoginRadius is a leading cloud-based consumer identity and access management (CIAM) solution that empowers businesses to deliver a delightful consumer experience and win consumer trust.

Circle Cardiovascular Imaging Inc. is a prominent global cardiac imaging company providing AI-based multi-modality reading and reporting software solutions for Cardiac MR, Cardiac CT, Cardiac Interventional Planning and Electrophysiology. Annually, millions of cardiac exams in over 90 countries are interpreted using Circle CVI’s imaging platform, cvi42, giving physicians the tools to accurately quantify and diagnose complex cardiovascular diseases while improving patient outcomes and the effective utilization of healthcare resources.

Acceleware specializes in the development and marketing of special purpose software / hardware acceleration products used to reduce design simulation and data processing run-times of High Performance Computing (HPC) applications.

Lead the planning, definition and market management of a portable, high sensitivity GPS asset tracking product. (Previously CSI Wireless, then Hemisphere GPS).

Product / Program Manager for new IP-centric Call Server solution addressing the needs of Small-Medium Business / Enterprise (SMB/E) customers.

Established product strategy and roadmaps, resulting in definition, development, and launch of industry-leading GSM/GPRS wireless data PC Cards, application software, and OEM modules.

Defined requirements and drove cross-functional team to successful implementation of smart card electronic payment solutions.

Involved in the definiton and introduction of call centre, PBX and voice mail telecom solutions.