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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.
Key Metrics
Founded Year
1959
Location
Regina, Canada
Portfolio Companies
Stages of Investment
Conventional Debt, Series A & 3 more
Locations of Investment

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:
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

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

  • Founded Year: 2015
  • Location: Bible Hill (Canada)
  • Stage: Series D
  • Total Funding till date: $162M
  • Employee Count: 139 as on Jul 31, 2026
  • Investors: FCC, McCain and 2 Others
  • Latest Funding Round: Series D, Nov 13, 2025, $*****
  • Highlight: Editors' Pick
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, $*****
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

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.
Here are FCC's investments by stage:
Stage of entry
No. of Investments
Conventional Debt
6
Series A
2
Series C
2
Series B
1
Venture Debt
1
Breakdown of FCC's investments by stage of entryConventional Debt (6)Series A (2)
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).
Here are FCC's investments by sector:
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
Breakdown of FCC's investments by sectorsFood and Agricult... (11)Sustainability Tech (11)
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.
Here are FCC's investments by geography:
Country
No. of Investments
Canada
11
United States
1
Breakdown of FCC's investments by countriesCanada (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
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 $1.61M
Here 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 FCCiSelect 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 FCC12 investors entered a company along with FCC. These include investors like BDC (2 companies).
  • Invested after FCCA 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).

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