About FCC
FCC, established in 1959, is a private debt fund primarily based in Regina, Canada. It specializes in financing Conventional Debt round of companies based in Canada. Its portfolio includes 13 firms, spanning the Food and Agriculture Tech, High Tech sectors.
As of Aug 2026, FCC has witnessed 4 portfolio exits so far. Its most notable investments include companies like Organigram, Fieldless and Goodleaf Farms.
Its latest investment was a $11.5M Series A round in Miraterra on Mar 25, 2026, which also saw participation from At One Ventures and S2G Investments.
FCC's List of Top Investments
FCC has a portfolio of 13 companies. Their most notable investmentis in CanPro IngredientsTheir portfolio spans across Canada and United States. They have invested in Food and Agriculture Tech, High Tech, Environment Tech and 5 other sectors, across stages such as Conventional Debt, Series A and 3 more. Here is the list of top investments by FCC:1. Organigram
Global cannabis leader driving innovation, operational excellence, and shaping the industry. The company redefines the cannabis sector through innovative products, beloved consumer brands, and a growing international presence. They push the boundaries of cannabis cultivation and product development, using a scientific approach and cutting-edge technology to bring high-quality products to consumers. Their portfolio includes popular brands, each offering exceptional quality and unique experiences. They strategically invest in and partner with companies to extend their reach beyond Canada, bringing their products, brands, and intellectual property to new markets. They envision a future where cannabis is embraced as a mainstream consumer choice with broader market access and responsible regulation. They are adapting to the consumer of tomorrow, prioritizing experience and seeing cannabis as an alternative to traditional products. They are committed to making a positive impact in their communities through social impact initiatives.
Key facts about Organigram
- Founded Year: 2013
- Location: Moncton (Canada)
- Stage: Public
- Employee Count: 747 as on Jul 31, 2026
- Investors: British American Tobacco, FCC and 4 Others
- Latest Funding Round: Post IPO, Feb 28, 2025, $*****
- Highlight: Public

2. Fieldless
Operators of indoor automated vertical farming systems. It uses environmentally controlled farming systems that are capable of growing pesticide-free produce year-round. The product offering includes lettuce and kale.
Key facts about Fieldless
- Founded Year: 2017
- Location: Toronto (Canada)
- Stage: Acquired
- Total Funding till date: $17.5M
- Employee Count: 7 as on Jun 30, 2026
- Investors: FCC, Forage Capital and 2 Others
- Latest Funding Round: Venture Debt, Jul 10, 2024, $*****
- Highlight: Acquired
Provider of pesticide-free microgreens, baby greens, and salad mixes. The company cultivates ready-to-eat greens using sustainable farming practices. It offers greens year-round. The company focuses on nutrient-dense produce.
Key facts about Goodleaf Farms

4. Miraterra
Provider of soil measurement solutions. It uses machine learning, and computational modeling to produce lab-quality findings in soil labs, the field, and the ground.
Key facts about Miraterra
- Founded Year: 2022
- Location: Vancouver (Canada)
- Stage: Series A
- Total Funding till date: $28.7M
- Employee Count: 50 as on Jul 31, 2026
- Investors: Cisco, iSelect Fund and 8 Others
- Latest Funding Round: Series A, Mar 25, 2026, $*****
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5. Chickapea
Brand of chickpea-based pasta. It offers healthy food products intended to offer gluten-free, organic, and vegan pasta. The company's products include pasta from chickpeas and lentil flour that contains protein, fiber, iron, nutrient, and more.
Key facts about Chickapea
- Founded Year: 2015
- Location: Canada
- Stage: Series C
- Total Funding till date: $10.5M
- Employee Count: 8 as on Jun 30, 2026
- Investors: Export Development Canada, InvestEco and 5 Others
- Latest Funding Round: Series C, Sep 29, 2025, $*****
- Highlight: Editors' Pick
FCC's Year-on-Year Investment Trends
FCC has invested in 13 companies over the last 19 years, with an average of 1 new investment annually in the last 10 years. In 2025, it made 6 investments, while as of Mar 2026, it has made 1 investment in this year. Its most recent first time investment was in Miraterra and most recent follow-on round was in Miraterra.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 0 | 1 | 1 |
2025 | 5 | 1 | 6 |
2024 | 1 | 0 | 1 |
2023 | 0 | 0 | 0 |
2022 | 2 | 1 | 3 |
2021 | 0 | 0 | 0 |
2020 | 0 | 1 | 1 |
2019 | 1 | 0 | 1 |
2018 | 1 | 0 | 1 |
FCC's Investments by Stage
FCC has made 6 investments in Conventional Debt stage with an average round size of $10.3M, 2 investments in Series A stage with an average round size of $26.2M, 2 investments in Series C stage with an average round size of $6.52M, 1 investment in Series B stage with an average round size of $20M and 1 investment in Venture Debt stage with an average round size of $7M.Stage of entry | No. of Investments |
|---|---|
Conventional Debt | 6 |
Series A | 2 |
Series C | 2 |
Series B | 1 |
Venture Debt | 1 |
Note: We have considered here, only first round of investments
FCC's Investments by Sector
FCC has a diverse portfolio, with companies operating in the Food and Agriculture Tech, Sustainability Tech, Environment Tech, Artificial Intelligence - Industry Applications and Food and Agriculture. Notably, it has invested in 11 Tech companies, 8 Enterprise (B2B) companies, 4 Tech hardware companies and at least 3 companies focusing on Consumer (B2C).Sector | No. of Investments |
|---|---|
Food and Agriculture Tech | 11 |
Sustainability Tech | 11 |
Environment Tech | 3 |
Artificial Intelligence - Industry Applications | 2 |
Food and Agriculture | 2 |
Others | 4 |
Note: We have considered here, only first round of investments
FCC's Investments by Geography
FCC has made most investments in Canada (11), followed by United States where it has made 1 investment.Country | No. of Investments |
|---|---|
Canada | 11 |
United States | 1 |
Note: We have considered here, only first round of investments
FCC's recent investments
FCC has made 1 investments in 2026 so far - Miraterra.Here are the most recent investments by FCC:
Date | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Mar 25, 2026 | Canada | Series A | 3862 | [+3] | |
Nov 13, 2025 | Canada | Series D | 1330 | ||
Oct 2025 | Canada | Conventional Debt | 3427 | - | |
Oct 2025 | Canada | Series C | 3300 | [+2] | |
Sep 29, 2025 | Canada | Series C | 7200 | [+1] |
IPOs and Publicly Listed companies in FCC's Portfolio
1 of FCC's portfolio company became public - Organigram. It got listed on the National Association of Securities Dealers Automated Quotations (NASDAQ), in May 2019 at marketcap of $1.61MHere are FCC's portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
May 21, 2019 | Dec 07, 2018 | Conventional Debt | 8876 |
Acquired companies in FCC's Portfolio
3 companies from FCC's portfolio have been acquired. The most recent acquisition was Fieldless in Jan 2026 by Elevate Farm for $*****.Here are FCC's portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Jan 27, 2026 | Jul 14, 2022 | Conventional Debt | 2394 | |
Nov 19, 2019 | Feb 13, 2019 | Conventional Debt | 1362 | |
Dec 01, 2016 | Dec 23, 2015 | Venture Debt | 5572 |
Co-investors of FCC
Over the past 19 years, 67 investors have co-invested in FCC's portfolio companies. This includes only funds.
- Invested before FCC: iSelect Fund, S2G Investments and 47 others have invested in rounds before FCC. There are 2 companies where iSelect Fund has invested before FCC and 2 companies where S2G Investments has invested before FCC.
- Top Co-investors of FCC: 12 investors entered a company along with FCC. These include investors like BDC (2 companies).
- Invested after FCC: A total of 6 investors have invested in FCC's portfolio after their investments. Top Investors include BMO (1 company) and British American Tobacco (1 company).
Recent News related to FCC
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Farm Credit Canada Launches $1 Billion Fund for Agri-Food Project Financingigrownews.com•Jun 15, 2026•FCC
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Village Farms Favorably Amends and Extends Farm Credit Canada LoanGlobeNewswire•Mar 30, 2026•Village Farms, FCC
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Miraterra Soil Raises $16 Million in Oversubscribed Financing RoundCNW•Mar 25, 2026•S2G Investments, At One Ventures, FCC, iSelect Fund and 4 others
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Croptimistic Integrates SWAT MAPS with FCC’s AgExpert Platform for Sustainable Agricultureigrownews.com•Nov 20, 2025•SWAT MAPS, FCC
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Chickapea Secures $4.25M Funding Led by AGT Foods to Expand in North AmericaFinancial Post•Sep 29, 2025•Commonwealth of Massachusetts, AGT Foods, Chickapea, Invesco and 3 others
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Yaletown Partners Announces First Close of $250 million Innovation Growth Fund IIIPR Newswire•Jul 30, 2025•InBC, Export Development Canada, BMO Capital Markets, FCC and 1 other
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