A new $50 million investment fund has been launched by Natural Products Canada Ventures to invest in early-stage Canadian companies developing naturally derived alternatives to synthetic products.
NPC Ventures has secured a non-binding term sheet with a significant anchor investor and is actively fundraising toward a first close in the fall, Charlottetown-based NPC said in a statement.
"NPC Ventures has tapped into something very compelling,” Kristi Miller, Managing Director of NPC Ventures, said in the statement.
“There is tremendous opportunity for Canadian companies to meet this