About Food and Agriculture sector in Toronto, Canada
The Food and Agriculture sector in Toronto, Canada comprises 943 companies, including 136 funded companies having collectively raised $6.25B in venture capital money and private equity. Out of these, 113 are Series A+ funded.
Food and Agriculture sector in Toronto, Canada has seen 66 acquisitions and 29 IPOs. This represents almost 10.1% of all such companies - which is higher than the 4.5% exit rate of tech companies in general.
This sector includes companies engaged in traditional farming, food manufacturing and distribution, and offline food retail, including those providing services to such businesses.
Food and Agriculture sector is also known as Agribusiness, Agriculture Sector, Traditional Farming or Food Industry.
It includes traditional farming businesses and companies providing services to them. It also includes food manufacturers and distributors, and offline food and food retail chains. It excludes Companies providing software solutions to the stakeholders in the agriculture and food industry like farmers, food manufacturers, distributors, etc. It also includes companies providing them with tech heavy hardware and advanced and innovative materials.
Key Metrics
Total Companies
Top Companies
Total Funding
Funded Companies
Series A+ Companies
Series C+ Companies
IPOs
Acquisitions
Also known as
Agribusiness or Agriculture Sector
Top Food and Agriculture Companies in Toronto, Canada
There are 943 Food and Agriculture startups in Toronto, Canada which include The Cronos Group, Maple Leaf Foods, Tim Hortons, Restaurant Brands International, McCain. Out of these, 136 startups are funded, with 113 having secured Series A+ funding.
2026 has seen the creation of 10 Food and Agriculture startups in Toronto, Canada. Over the past 10 years, an average of 30 new companies have been launched annually. Notably, several of these startups have been founded by alumni of University of Toronto, Carnegie Mellon University and INSEAD.
Here is the list of top Food and Agriculture startups in Toronto, Canada
Global cannabinoid company innovating cannabis research, technology, and product development. The company is dedicated to building disruptive intellectual property and responsibly elevating the consumer experience through an iconic brand portfolio. With a focus on research and development, they aim to unlock the potential of cannabinoids. Their operations span across international markets, with a commitment to quality, responsibility, and community. They offer a range of products and solutions, driven by innovation and imagination. The company values transparency and reliability in its practices, striving to build and maintain a strong reputation within the industry and among its stakeholders. They are focused on advancing cannabis research and technology.
Key facts about The Cronos Group
- Founded Year: 2013
- Location: Toronto (Canada)
- Stage: Public
- Total Funding till date: $137K
- Investors: Bondeinvest.com, Ignite 500 and 5 Others
- Latest Funding Round: Post IPO, Mar 08, 2019, $*****
- Tracxn Score: 68/100 What is this?
Maple Leaf is a meat products company. Their products include sausage, meat, meat snacks, deli, ham, and sliced meat. Their brands include Maple Leaf, Schneiders, and Swift.
Key facts about Maple Leaf Foods
- Founded Year: 1991
- Location: Toronto (Canada)
- Stage: Public
- Investors: 195 Capital Partners, IAM Group and 3 Others
- Latest Funding Round: Conventional Debt, Apr 30, 2019, $*****
- Tracxn Score: 67/100 What is this?
- Competitors Rank: 1 of 49 Competitors
3. Tim Hortons
Key facts about Tim Hortons
- Founded Year: 1964
- Location: Toronto (Canada)
- Stage: Acquired
- Total Funding till date: $50M
- Investors: Boston York Restaurant Group, Tencent and 1 Other
- Latest Funding Round: PE, May 12, 2020, $*****
- Tracxn Score: 63/100 What is this?
- Competitors Rank: 4 of 304 Competitors
Restaurant Brands International is a food service company. Its brand portfolio includes Tim Hortons, Burger King, and Popeyes. The company has operations worldwide. In 2022, the company recorded annual revenues of $6.64B and a net profit of $1.01B
Key facts about Restaurant Brands International
- Founded Year: 2014
- Location: Toronto (Canada)
- Stage: Public
- Investors: 3G Capital, Cinven and 2 Others
- Latest Funding Round: Conventional Debt, Sep 17, 2019, $*****
- Tracxn Score: 62/100 What is this?
- Competitors Rank: 11 of 1,276 Competitors
5. McCain
Manufacturer of food products, including frozen french fries and potato specialties. The company provides a range of food options for both retail and foodservice customers. It focuses on producing and distributing various potato-based items. The company also emphasizes sustainable farming practices and resource-efficient operations.
Key facts about McCain
- Founded Year: 1957
- Location: Toronto (Canada)
- Stage: Funding Raised
- Investors: Twin Ridge Capital Management and United States Department of Agriculture
- Latest Funding Round: Grant (prize money), Nov 08, 2023, $*****
- Tracxn Score: 59/100 What is this?
- Competitors Rank: 2 of 1,816 Competitors
Companies founded year-on-year in the Food and Agriculture sector in Toronto
10 new startups have been founded so far in 2026 in the Food and Agriculture sector in Toronto. 78 Food and Agriculture startups in Toronto were founded in 2019 - this is the most number of startups founded in any year in the last 10 years.
- Total Number of Companies
Year | No. of companies |
|---|---|
2026 | 10 |
2025 | 1 |
2024 | 1 |
2023 | 10 |
2022 | 17 |
2021 | 26 |
2020 | 68 |
2019 | 78 |
2018 | 43 |
2017 | 50 |
Stage-wise distribution of Food and Agriculture sector companies in Toronto
Out of the total 943 Food and Agriculture companies in Toronto, 136 have secured funding. Among them, 113 have reached Series A or higher, and 104 to Series B or beyond.
Founded - 943
Funded - 136
Series A+ - 113
Series B+ - 104
Series C+ - 102
Company Stage | No. of companies |
|---|---|
Founded | 943 |
Funded | 136 |
Series A+ | 113 |
Series B+ | 104 |
Series C+ | 102 |
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Funding Trends in the Food and Agriculture sector in Toronto
Total funding year-on-year in the Food and Agriculture sector in Toronto
The Food and Agriculture sector in Toronto saw a total funding of more than $6.06B in the last 10 years. The most amount of funding was in 2019 at more than $5.64B. There has been a total funding of $18.2M in 2026 till date.
- Total Funding
Year | Total Funding |
|---|---|
2026 | $18.2M |
2025 | $3.99M |
2024 | $34.5M |
2023 | $35.6M |
2022 | $38.4M |
2021 | $112M |
2020 | $141M |
2019 | $5.64B |
2018 | $18.7M |
2017 | $15.8M |
Recent Funding Rounds in Food and Agriculture in Toronto
In the year 2026, till July 2026, Food and Agriculture companies in Toronto have raised $12M in equity funding across 2 rounds.
In the same period last year (i.e. till June 2025), Food and Agriculture companies in Toronto had raised $483K across 4 rounds.
So, 2026 has seen a 2379.76% rise in funding in Food and Agriculture companies in Toronto as compared to 2025.
Here are some recent, important funding rounds in Food and Agriculture companies in Toronto:
Company | Round Raised | Amount Raised | Funding Date | Investors |
|---|---|---|---|---|
Series A | 7434 | Jul 21, 2026 | - | |
Seed | 1179 | Apr 10, 2026 | ||
Unattributed | 5170 | Jun 04, 2025 | - | |
Unattributed | 2514 | Apr 11, 2025 | ||
Seed | 6463 | Apr 09, 2025 | - |
Top Investors in Food and Agriculture in Toronto
Plug and Play Tech Center is the top investor in Food and Agriculture companies in Toronto based on number of companies invested.
Here are some top investors in Food and Agriculture companies in Toronto:
Investor | Location | Top Portfolio Companies |
|---|---|---|
Sunnyvale (United States) | ||
Paris (France) | - | |
New York City (United States) | - | |
Calgary (Canada) | ||
Toronto (Canada) |
M&A activity in Food and Agriculture sector in Toronto
In the year 2026, till May 2026, 2 acquisitions happened in Food and Agriculture sector in Toronto. Last year, in 2025, a total of 5 acquisitions happened in Food and Agriculture sector in Toronto.
Here are some recent, important acquisitions in Food and Agriculture sector in Toronto:
Company | Acquisition Type | Acquisition Date | Acquirers |
|---|---|---|---|
Business Acquisition | May 04, 2026 | ||
Business Acquisition | Jan 21, 2026 | ||
Business Acquisition | Nov 25, 2025 | ||
Business Acquisition | Oct 30, 2025 | - | |
Business Acquisition | Oct 17, 2025 |
Acquisition trends in Food and Agriculture sector in Toronto
Here are the acquisition trends in Food and Agriculture sector in Toronto:
- Total Number of Acquisitions
Year | No. of companies |
|---|---|
2026 | 2 |
2025 | 5 |
2024 | 3 |
2023 | 3 |
2022 | 12 |
2021 | 7 |
2020 | 6 |
2019 | 5 |
2018 | 7 |
2017 | 2 |
IPOs in Food and Agriculture in Toronto
In the year 2024, till December 2024, 1 IPO happened in Food and Agriculture sector in Toronto.
Here are some recent, important IPOs in Food and Agriculture sector in Toronto:
Company | IPO Date | Exchange Symbol |
|---|---|---|
Dec 30, 2024 | CBOE Stock Exchange (CBSX) | |
Aug 05, 2022 | Canadian Securities Exchange (CSE) | |
Feb 10, 2022 | Toronto Stock Exchange (TSX) | |
Nov 26, 2021 | Frankfurt Stock Exchange (FRA) | |
Oct 25, 2021 | Toronto Stock Exchange - Venture Exchange (TSX-V) |
Colleges which produce the most Food and Agriculture companies in Toronto
Companies founded by alumni from top colleges in the Food and Agriculture in Toronto
Most number of Food and Agriculture startups in Toronto have been founded by alumni from University of Toronto, Carnegie Mellon University and INSEAD.
College | No. of companies |
|---|---|
University of Toronto | 7 |
Carnegie Mellon University | 1 |
INSEAD | 1 |
Ivey School of Business | 1 |
London School of Economics and Political Science | 1 |
McGill University | 1 |
University of Edinburgh | 1 |
University of Oxford | 1 |
University of Pennsylvania | 1 |
University of Waterloo | 1 |
Total funding in Food and Agriculture companies founded by alumni from top colleges in Toronto
In the last 10 years, London School of Economics and Political Science and University of Edinburgh graduates' Food and Agriculture companies in Toronto have raised the most funding among top colleges, and University of Pennsylvania alumni are third.
College | Total Funding |
|---|---|
London School of Economics and Political Science | $9M |
University of Edinburgh | $9M |
University of Pennsylvania | $7.23M |
Wharton School | $7.23M |
Carnegie Mellon University | - |
INSEAD | - |
Ivey School of Business | - |
McGill University | - |
University of Oxford | - |
University of Toronto | - |
Top News in Food and Agriculture in Toronto
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Tim Hortons adding three new Calgary locations, renovating 13 storesCalgary Herald•May 26, 2026•Tim Hortons
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Tim Hortons Launches National Campaign to Hire 10,000 Local Team MembersWebwire•May 25, 2026•Tim Hortons
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