Farm Credit Canada Announces $2 Billion Investment in Ag and Food Innovation
June 4, 2025 
Farm Credit Canada (FCC), a Canadian Crown corporation and agricultural food lender, committed to invest $2 billion to advance ag tech innovation in Canada’s agriculture and food industry by 2030. This will direct more investment into innovative devices, instrumentation, research, and methodologies designed to improve efficiency, productivity, and sustainability.
The funds will come from the organization’s new investment arm, FCC Capital, a group offering capital solutions that catalyze the broader investing ecosystem. Launched in 2024, FCC Capital delivers an expanded offering of capital solutions to companies across the entire ag and food value chain, including investment funds and direct equity capital dispersed from pre-seed stage to growth-driven late-stage companies. In its inaugural year, it built a foundation by closing nine direct investment deals totaling $170 million, investing in three new funds, and adding a new business accelerator to its portfolio.
This announcement comes at a time when various sources are showing that annual venture capital investment into Canada’s ag tech sector is lagging. In 2023, Canada’s venture capital investments in the sector were cited at approximately $270 million, 10 times below the U.S. when adjusted for population. This low level of investment puts Canada at a strategic disadvantage. At the same time, Japan and the European Union have demonstrated increased investments in ag tech.
The formal announcement was made by Darren Baccus, executive vice-president, agri-food, alliances and FCC Capital, during the Invest Canada 2025 Conference, an event run by the Canada Venture Capital and Private Equity Association.
“With this $2 billion allocation, FCC will continue its long history of supporting and partnering with the Canadian ag and food industry to offer greater security and sustainability in a highly competitive global market,” he said. “At FCC, we’re uniquely positioned to provide catalytic capital and work with stakeholders to source compelling investment opportunities. We are confident that our investment commitment to the industry will ‘crowd in’ capital to amplify the economic impact.”
