Canadian venture capital firm, Avrio Capital announced it has deployed C$15 million across three investments through its third institutional late stage venture fund, Avrio Ventures Limited Partnership III.

The investments include commitments made to:

Intelia Technologies Inc – a company that designs, manufactures and distributes environmental control systems and provides data analysis services for horticulture and farming industries, focusing on dairy, hogs, and poultry.

Alasko Inc. – a Montreal-based supplier of branded and private label frozen fruit and vegetables and a portfolio company of private equity company, L. Caterton. Since its launch, Alasko has grown to become a leading North American supplier in its industry.

Cadcan Marketing & Sales Inc. (operating as CheeCha Puffs) – a Calgary-based better-for-you snack company that employs a proprietary minimal processing method in the production of gluten free, low calorie snacks.

“We are delighted to be working with Avrio,” noted Michael Vineberg, the Chief Executive of Alasko in a recent press release. “Their depth of food and agriculture expertise will be an important contribution to achieving our vision.”

While Dominic Desy, CEO of Intelia adds, “As we launch into the next phase of our business, we are thrilled to have identified an investor with the deep domain expertise, track record, and commonality in vision to propel our business onto a global stage,”

Based in Calgary, Alberta, and founded in 2002, Avrio Capital is one of Canada’s longest-functioning venture firms, deploying more than C$225 million across fifty agricultural and food tech portfolio companies over the past 15 years.

Earlier this year, Avrio announced the second closing of its third late stage ag and food tech venture fund – Avrio Ventures Limited Partnership III, and the establishment of Avrio Ventures Parallel Limited Partnership III, at a total corpus of $110 million, marking it as the firm’s largest fund to date.

Upon the closing, Aki Georgacacos, Co-Founder and Managing Partner of Avrio said in a company statement “The adoption of technology along the agricultural value chain is occurring at an unprecedented pace. Food security, wellness, sustainability and the digitization of the farm are just a few of the macro themes creating a new class of ag-tech companies that are redefining the ways in which we feed the world.”