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AgTech and Food Tech


Innovation is at the core of agribusiness and every enterprise, from producers to processors and retailers, need to continually innovate to stay competitive and adapt to emerging and pervasive issues such as climate change, supply chain disruptions and sustainability.
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Overview

Innovation is at the core of agribusiness and every enterprise, from producers to processors and retailers, need to continually innovate to stay competitive and adapt to emerging and pervasive issues such as climate change, supply chain disruptions and sustainability.

Our multidisciplinary team of lawyers across Canada supports technology clients in all stages of growth.  We have experience assisting a variety of players in the AgTech space, including vertical farms, farming software, precision farming, robot pickers and smart watering systems.

Our deep background in life sciences has helped us support our clients in the FoodTech space, including in developing and commercializing protein alternatives (including cultured meat, insect proteins and mushrooms) bringing us into the future of food.

Members of our team lecture and publish regularly on emerging legal issues pertaining to AgTech and FoodTech.  We are active and engaged with key industry associations such as the Agri-Innovation Council, and attend important industry conferences throughout the year.

Emerging Technology

Our clients are high growth emerging technology companies, their investors and their acquirors, which we support throughout the life cycle of a company, from start-up, to scale-up and all the way to exit. Over the past year, our Emerging Tech team advised on in excess of 180 venture capital funded equity financings and tech M&A with aggregated deal value in excess of $13.5 Billion.

ESG

Environmental as well as food and water issues are often high profile and raise important social considerations. Fasken was one of the first Canadian law firms to develop an ESG and sustainability practice.  We support our clients on the frontline of sustainable agriculture as we take on the today’s challenges head-on, including climate change, water management and food supply issues.

Intellectual Property

The AgTech and FoodTech market is extremely competitive.  Our knowledge in intellectual property (IP) impacting the agri-food sector includes: IP portfolio management, product and brand development assistance, package and label review, registering, licensing and selling IP assets (patents, trademarks, geographical indications, plant breeders’ rights). This specialized area of law requires experienced counsel who understand the current and future value of our clients’ assets and who will skillfully assert and protect those assets in Canada and abroad.

Team

Primary Contacts
  • Joanie Lapalme, Partner, Montréal, QC, +1 514 397 5294, jlapalme@fasken.com

Client Work

  • Marine Biologics Inc. in its acquisition of Spoitz Enterprises, [Deal - Marine Biologics Inc.], Marine Biologics Inc. has acquired Canada’s leading macroalgae bioprocess engineering group.
  • New School Foods Inc. secures a US$6 million seed extension, [Deal - New School Foods Inc.], Canadian foodtech startup secures seed extension to support launch in North American restaurants.
  • Serra Capital Ag Tech Fund, LP, as lead investor, in IntelliCulture Inc.'s C$3.5 million Seed II preferred share financing, [Deal - Serra Capital Ag Tech Fund LP], Seed II preferred share financing in Technology industry
  • Save da Sea Foods secures C$650,000 convertible note financing, [Case - Save da Sea Foods Inc.], Victoria-based foodtech startup looks to scale distribution of its plant-based seafood products
  • ChowNow acquired Cuboh Software, [Deal - ChowNow Inc.], Acquisition of Cuboh Software by ChowNow.
  • Vivid Machines Inc. completes US$4.3 million seed financing round, [Deal - Vivid Machines Inc.], Advanced computer technology developer in the AgTech space completes oversubscribed seed funding round
  • Leading agricultural technology company developing and deploying proprietary ag-tech technologies announces completion of C$6.4 million Senior Secured Term Loan., [Deal - CubicFarm Systems Corp.], Fasken assisted CubicFarm Systems Corp in closing its Senior Secured Term Loan for CAD$6.4 million.
  • VMG Catalyst leads Milk Moovment Inc.'s US$20 million Series A financing, [Deal - VMG Catalyst], Series A funding from venture capital firm for leading cloud-based dairy supply chain software company.
  • CubicFarm Systems announces a C$10 million overnight marketed offering, [Deal - CubicFarm Systems Corp.], Advised on the C$10.6 million overnight marketed public offering for a TSX-listed leading local chain agricultural technology company.

Knowledge

Events

News

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