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The Venture Codex

AVAC

Suite 220, 6815 8 St NE, Calgary, AB, T2E 7H7, Canada

Overview

Purpose-driven venture capital firm advancing Canadian agriculture.

Founded

1997

Deals ยท 12mo

3

Links

WebsiteLinkedIn

Stage focus

Series A

Geographic focus

Canada
United States

Sector focus

AgTech
Finance
Financial Services
Information and Communications Technology (ICT)
...

Investment portfolio

7rounds
NAMEDATESIZE
Picketa Systems
Jun 2026Participated
$2 MSeed
NS/TX Industries
Jun 2026Participated
$11 MSeries A
AuX Labs
Apr 2026Participated
$4 MOther Equity
Enthrill Distribution
Aug 2014Led
$1 MOther Equity
iConnectivity
Aug 2012Led
$2 MOther Equity
Cleankeys
Aug 2011Led
$5 MSeries A
Tynt
Mar 2009Led
$4 MSeries A
Picketa Systems
Jun 2026Participated
$2 MSeed
NS/TX Industries
Jun 2026Participated
$11 MSeries A
AuX Labs
Apr 2026Participated
$4 MOther Equity
Enthrill Distribution
Aug 2014Led
$1 MOther Equity
iConnectivity
Aug 2012Led
$2 MOther Equity
Cleankeys
Aug 2011Led
$5 MSeries A
Tynt
Mar 2009Led
$4 MSeries A
7
Items
Browse all public portfolio deals

Insights

Time horizon

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Deal Distribution

AVAC: 7 funding rounds are recorded in the selected participation categories.All available history.
AVAC: 7 funding rounds are recorded in the selected participation categories. All available history
Round typeLed dealsParticipated deals
Seed01
Series A21
Other Equity21

Monthly Deal Activity

AVAC: 7 deals are recorded across 212 months.All available history.
AVAC: 7 deals are recorded across 212 months. All available history
MonthDeals
Mar '091
Apr '090
May '090
Jun '090
Jul '090
Aug '090
Sep '090
Oct '090
Nov '090
Dec '090
Jan '100
Feb '100
Mar '100
Apr '100
May '100
Jun '100
Jul '100
Aug '100
Sep '100
Oct '100
Nov '100
Dec '100
Jan '110
Feb '110
Mar '110
Apr '110
May '110
Jun '110
Jul '110
Aug '111
Sep '110
Oct '110
Nov '110
Dec '110
Jan '120
Feb '120
Mar '120
Apr '120
May '120
Jun '120
Jul '120
Aug '121
Sep '120
Oct '120
Nov '120
Dec '120
Jan '130
Feb '130
Mar '130
Apr '130
May '130
Jun '130
Jul '130
Aug '130
Sep '130
Oct '130
Nov '130
Dec '130
Jan '140
Feb '140
Mar '140
Apr '140
May '140
Jun '140
Jul '140
Aug '141
Sep '140
Oct '140
Nov '140
Dec '140
Jan '150
Feb '150
Mar '150
Apr '150
May '150
Jun '150
Jul '150
Aug '150
Sep '150
Oct '150
Nov '150
Dec '150
Jan '160
Feb '160
Mar '160
Apr '160
May '160
Jun '160
Jul '160
Aug '160
Sep '160
Oct '160
Nov '160
Dec '160
Jan '170
Feb '170
Mar '170
Apr '170
May '170
Jun '170
Jul '170
Aug '170
Sep '170
Oct '170
Nov '170
Dec '170
Jan '180
Feb '180
Mar '180
Apr '180
May '180
Jun '180
Jul '180
Aug '180
Sep '180
Oct '180
Nov '180
Dec '180
Jan '190
Feb '190
Mar '190
Apr '190
May '190
Jun '190
Jul '190
Aug '190
Sep '190
Oct '190
Nov '190
Dec '190
Jan '200
Feb '200
Mar '200
Apr '200
May '200
Jun '200
Jul '200
Aug '200
Sep '200
Oct '200
Nov '200
Dec '200
Jan '210
Feb '210
Mar '210
Apr '210
May '210
Jun '210
Jul '210
Aug '210
Sep '210
Oct '210
Nov '210
Dec '210
Jan '220
Feb '220
Mar '220
Apr '220
May '220
Jun '220
Jul '220
Aug '220
Sep '220
Oct '220
Nov '220
Dec '220
Jan '230
Feb '230
Mar '230
Apr '230
May '230
Jun '230
Jul '230
Aug '230
Sep '230
Oct '230
Nov '230
Dec '230
Jan '240
Feb '240
Mar '240
Apr '240
May '240
Jun '240
Jul '240
Aug '240
Sep '240
Oct '240
Nov '240
Dec '240
Jan '250
Feb '250
Mar '250
Apr '250
May '250
Jun '250
Jul '250
Aug '250
Sep '250
Oct '250
Nov '250
Dec '250
Jan '260
Feb '260
Mar '260
Apr '261
May '260
Jun '262
Jul '260
Aug '260
Sep '260
Oct '260

Sector Breakdown

AVAC: Food & Agriculture is the largest displayed sector by deal count (3 deals).All available history.

A deal can appear in multiple sectors, so sector totals may overlap. Capital represents disclosed total round sizes, not fund cheque sizes.

AVAC: Food & Agriculture is the largest displayed sector by deal count (3 deals). All available history
SectorDeals
Food & Agriculture3
Hardware & Robotics2
Media & Entertainment2
Health & Life Sciences2
Marketing & Advertising1
Enterprise Software1
E-Commerce & Retail1
Clean Energy & Sustainability1
Data, Analytics & IT1
Social & Community Platforms1

Deal Size Distribution

AVAC: 7 rounds have a disclosed size in the displayed size bands.All available history.

Undisclosed round sizes are excluded. Capital represents total round sizes, not fund cheque sizes.

AVAC: 7 rounds have a disclosed size in the displayed size bands. All available history
Round size band (USD)Deals
<$5M5
$5M-$10M1
$10M-$25M1
$25M-$50M0
$50M-$100M0
$100M-$250M0
$250M-$500M0
$500M-$1B0
$1B+0

Deals By Geography

AVAC: Canada has the largest recorded deal count among the displayed regions (5 deals).All available history.

Top 3 of 3 regions; European countries are grouped as Europe.

AVAC: Canada has the largest recorded deal count among the displayed regions (5 deals). All available history
RegionDeals
Canada5
United States1
M5g 0b71
AVAC: 15 co-investors are shown, with BDC sharing 1 recorded deals.All available history.

Co-Investors

Bubble size = shared deals

Click a bubble to open that fund in a new tab.

Shows up to 20 co-investors ranked by shared deals. Deals may be shared with multiple funds, so rows overlap. Capital is total round size, not fund cheque size.

AVAC: 15 co-investors are shown, with BDC sharing 1 recorded deals. All available history
Co-investorShared deals
BDC1
Bluestein Ventures1
Builders VC1
Congruent Ventures1
East Valley Ventures1
Good Startup1
IKEA Group1
Inovia Capital1
Koan Capital1
Lever VC1
Nadarra Ventures1
New Brunswick Innovation Foundation1
Nya Planet1
Skull Diamond and Heart Capital1
Tall Grass Ventures1

Investment Strategy

AVAC: Led accounts for 57% and participating for 43% of round participation.All available history.
AVAC: Led accounts for 57% and participating for 43% of round participation. All available history
CategoryDeals (count)Share (%)
Led457%
Participating343%
AVAC: Single-lead accounts for 75% and co-led for 25% of lead dynamics.All available history.
AVAC: Single-lead accounts for 75% and co-led for 25% of lead dynamics. All available history
CategoryDeals (count)Share (%)
Single-lead375%
Co-led125%

Team

Collin Phillip, MBA, ICD.D