Avrio Capital, a venture capital fund specializing in agriculture and food technology investment opportunities, is planning to raise a $125 million new fund focusing on innovative agriculture and food companies, according a Globe and Mail report.

Avrio Capital most recent equity fund, Avrio Ventures Limited Partnership II, closed in 2012.

Anchored by lead investor Farm Credit Canada (FCC), Avrio Capital previous funds’ backers also include Alberta Enterprise, Alberta Investment Management Corporation (AIMCo), Export Development Canada (EDC), institutional investors and family offices.

Calgary based Avrio Capital manages over $200 million cross three active funds.

Aki Georgacacos, Partner at Avrio Capital, is on the speaking faculty for Global AgInvesting 2014, April 28-May 1 at the Waldorf Astoria in New York City.