Export Development Canada will invest CAD $7.5 million in the venture capital fund Avrio II which funds innovative food and agriculture companies in Canada. EDC believes that there will be growth in the sub sectors such as industrial bio products, biotechnology, organic packaged foods, food safety and functional foods. In the first five years of the fund, Avrio grew the portfolio by 400%, from under CAD $10 million to CAD $50 million a year. To read more about Avrio II and its investment strategies in the Canadian agriculture sector: