Carrot Ventures
Industry Focus
Geographic Focus
Carrot Ventures is a venture studio that creates and finances new companies to commercialize high-impact agricultural and food technologies. Launched in 2021 (officially 2019) by Verdex Capital (formerly AVAC Group) in partnership with Farm Credit Canada, Carrot represents 'The Third Option' for AgTech intellectual property owners who lack internal support or prefer not to become entrepreneurs themselves. Unlike traditional venture capital firms that invest in existing companies, Carrot addresses systemic challenges faced by AgTech startups by sourcing and vetting new technologies, recruiting experienced leadership, and creating new companies around the technology and talent. The venture studio provides an accelerated commercialization process with higher success rates than independently founded startups, combining innovative technologies, strong leadership, and capital to take great innovations to market. Carrot focuses exclusively on starting AgTech companies across the entire agricultural value chain, with relevance to Canadian agriculture. The model is designed to maximize shareholder value by putting novel technology in the hands of professional and experienced leadership, ensuring companies are properly structured and financed from inception.
2021
2 Companies
3
3X Higher