Fondaction has invested in Morille Québec, a sustainable agro-food company, to support its growth and acquisition of a processing facility.
Information on the Target
Morille Québec, founded in 2005 in the Saguenay–Lac-Saint-Jean region, is a company specializing in the harvesting, processing, and distribution of non-timber forest products. These include a variety of wild mushrooms, edible plants, flowers, and northern fruits. The company has established a reputation for its commitment to sustainable practices, actively engaging certified foragers to source its products, thereby ensuring quality and ecological integrity.
Recently, Fondaction has invested in Morille Québec under its Jeune Pousse program, designed to support emerging businesses within the agro-food sector. This investment has facilitated Morille Québec's acquisition of a new processing facility, paving the way for enhanced production capabilities and market outreach.
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Industry Overview in Québec
The agriculture sector in Québec plays a pivotal role in the region's economy, accounting for a significant portion of employment opportunities, particularly in rural settings. However, ther
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Fondaction
invested in
Morille Québec
in 2019
in a Seed Stage deal