On January 17, 2025, The51 Food and AgTech Fund successfully closed at $51 million following an investment from ATB Financial. The early-stage venture fund, led by women, focuses on supporting diverse founders in the agriculture technology sector to address challenges related to food production and sustainability. ATB Financial’s investment marked the final push to reach the $51 million goal, demonstrating its commitment to innovation in Alberta’s agriculture sector.

Borden Ladner Gervais LLP (BLG) partners Scott Robson, Melinda Park, Michelle Jin, and Parker Easter advised ATB Financial, while Osler, Hoskin & Harcourt LLP served as legal counsel to the fund. The investment comes amid a challenging venture capital environment and highlights The51’s mission to foster cutting-edge solutions through diverse leadership.