Verdex Capital

Verdex Capital is an evergreen venture capital firm based in Calgary, Canada, focused on advancing Canadian agriculture through investments in venture and community development initiatives. The firm emphasizes AgTech and related sectors, including food and agriculture, animal health, crop genetics, crop protection, biomass, big data, precision farming, advanced farm management, and urban farming. It does not invest directly in existing companies; instead it co-invests with industry partners and supports high-impact ventures and community development projects, primarily through its venture studio Carrot Ventures which commercializes AgTech innovations applicable to Canadian agriculture. Verdex also participates as a limited partner in select other venture funds. The approach aims to align financial returns with measurable environmental and social impact while strengthening the Canadian agricultural ecosystem.

Martin Vetter

Senior Investment Manager

Past deals in Alberta

Enthrill Distribution

Seed Round in 2014
Enthrill Distribution Inc., based in Calgary, Canada, specializes in distributing ebooks for the publishing industry. It offers Endpaper, a comprehensive digital asset delivery system that caters to publishers, authors, retailers, and distributors, ensuring content reaches consumers across various devices. Additionally, Enthrill provides Endpaper Editor, an online tool for data access, and EnthrillBooks retail program, enabling publishers to offer digital formats alongside print books. They also facilitate ebook gift card sales through major retail chains and support services. As of 2017, Enthrill operates as a subsidiary of Firebrand Technologies Inc., serving retail stores and distribution companies.

Afinity Life Sciences

Seed Round in 2013
Afinity Life Sciences Inc., based in Edmonton, Alberta, is dedicated to researching, developing, and marketing natural-based therapeutics aimed at supporting healthy and active lifestyles. The company focuses on pioneering evidence-based natural health products under its Afinity brand, utilizing proprietary science to ensure premium quality. Its product line addresses specific health needs, including cardiovascular health, cognitive health, rheumatoid arthritis, and general wellness. Afinity is particularly recognized for its Omega-3 supplements, which are sourced from sustainably managed fish populations, ensuring compliance with responsible supply standards. The company is committed to expanding its product offerings to meet the evolving health needs of active aging consumers, with plans for a diverse pipeline of innovative solutions across various health domains.

iConnectivity

Venture Round in 2012
iConnectivity is a company based in Calgary, Alberta, Canada, that specializes in developing innovative hardware and software products for the music industry. The company focuses on creating interfaces that allow musicians to connect various electronic musical equipment to mobile devices and computers, utilizing standards-based connections such as USB, MIDI, and Ethernet. By simplifying the process of music creation, recording, and exploration, iConnectivity helps musicians reduce complexity and costs associated with their setups. Its award-winning products are distributed worldwide through both physical and online music retailers, with additional sales, marketing, and support personnel located in the United States and Germany.

SinoVeda Canada

Venture Round in 2010
SinoVeda Canada Inc., founded in 2006 and based in Edmonton, specializes in the development of high-quality herbal supplements and nutraceuticals derived from botanical sources. The company offers a range of products, including ginseng capsules designed to enhance the immune system, increase stamina, and alleviate stress and fatigue, as well as echinacea capsules and ginkgo biloba capsules aimed at improving memory and mental alertness. Through its focus on natural ingredients, SinoVeda Canada aims to provide effective solutions for health and wellness.

Mobovivo

Seed Round in 2009
MoboVivo Inc. is a software company based in Calgary, Canada, that specializes in providing solutions for the distribution and marketing of branded video content across various platforms. Founded in 2005, MoboVivo offers a cloud-based service known as Mobovivo MiScreens, which allows producers, broadcasters, and media companies to publish content on mobile, tablet, and connected TV devices. Additionally, the company develops the Mobovivo Sports Game Engine, designed to enhance audience engagement through interactive games, thereby increasing revenue and viewing time for teams, leagues, and broadcasters. MoboVivo also has a white-label platform, StayTuned, which incorporates real-time synchronization, gamification, and social features to boost viewer interaction with TV programming. The company has collaborated with notable entities such as ESPN and Time Warner Cable, leveraging its technology to enhance viewer experiences across various media formats.
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