# GreenShoots

> GreenShoots is a VC fund backing Biotechnology, Chemical and Fruit. See 8 investments, round sizes, portfolio. Updated Oct 2026.

- Type: VC Fund
- Total investments: 8
- Last investment: Dec 2025
- Lead investor: 75%
- Last updated: Oct 2026
- Website: https://innovacorp.ca/acceleration-initiatives/greenshoots#about-greenshoots

GreenShoots is a VC fund focused on Biotechnology and Chemical. GreenShoots supports early stage companies in the agriculture, agri-food, bioeconomy, clean technology, and related sectors.

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Biotechnology | 4 | 50% |
| Chemical | 2 | 25% |
| Fruit | 1 | 13% |
| AgTech | 1 | 13% |
| Genetics | 1 | 13% |

14 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Grant | 6 | 75% |
| Seed | 1 | 13% |
| Angel | 1 | 13% |

### Country

| Country | Investments | Share |
| --- | --- | --- |
| Canada | 6 | 75% |
| India | 1 | 13% |

## Investments

| Company | Description | Round size | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| BryoSphere | BryoSphere is a company specializing in the manufacturing of specialty chemicals, employing moss plants and biotechnology methods in the production of their goods. The company is currently focused on the development of two key products: one for addressing skin hyperpigmentation in topical treatments, and another as an anti-cancer drug. | $29.1K | Grant | Dec 16, 2025 | https://www.bryosphere.ca/ |
| Dispersa | Harnessing the power of microbe-derived natural solutions to decarbonize the chemicals industry. | $1.5M | Seed | Apr 20, 2023 | https://www.dispersa.ca |
| INTAG International | INTAG International provides a technology to convert biological waste from fish and other animals into fertilizers. | $40K | Grant | Sep 06, 2022 | https://www.intagbio.com |
| Earthli | Earthli is a producer of sustainably grown and zero-waste packaged plant-based superfood products to promote a healthy lifestyle with a planet-friendly approach. | $30K | Grant | Sep 06, 2022 | https://earthli.ca/ |
| GreenSage Prebiotics | GreenSage Prebiotics focus on the development and application of prebiotics for the aquaculture industry. | $40K | Grant | Sep 06, 2022 | http://greensageprebiotics.com |
| Dispersa | Harnessing the power of microbe-derived natural solutions to decarbonize the chemicals industry. | $40K | Grant | Sep 06, 2022 | https://www.dispersa.ca |
| Foodimprover | Foodimprover develops a platform technology to genetically modify fruits. | $15.2K | Grant | Sep 06, 2022 | https://foodimprover.com/ |
| Xplorabox | Xplorabox is as an educational subscription ecommerce startup designed to engage children in activity-based learning programmes. It focuses mainly on children aged between two and ten, and aims to promote ‘Learning Through Fun’ with its innovative products, fun stories, and educational activities each of their boxes. |  | Angel | May 23, 2019 | https://www.xplorabox.com/ |

8 of 8 investments shown.

## Co-investors
- [SucSEED Venture Partners](https://shizune.co/investors/profile/sucseed-venture-partners) — VC Fund, 2 deals together
- [Atlantic Canada Opportunities Agency](https://shizune.co/investors/profile/atlantic-canada-opportunities-agency) — VC Fund, 1 deal together
- [BoxOne Ventures](https://shizune.co/investors/profile/boxone-ventures) — VC Fund, 1 deal together
- [Dragonfly Ventures](https://shizune.co/investors/profile/dragonfly-ventures) — VC Fund, 1 deal together
- [Fondaction](https://shizune.co/investors/profile/fondaction) — VC Fund, 1 deal together
- [Good & Well](https://shizune.co/investors/profile/good-well) — VC Fund, 1 deal together

## Similar investors

### Similar stage
- [Enterprise Ireland](https://shizune.co/investors/profile/enterprise-ireland) — VC Fund
- [Wayra](https://shizune.co/investors/profile/wayra) — VC Fund
- [Scottish Enterprise](https://shizune.co/investors/profile/scottish-enterprise) — VC Fund

## FAQ

### What does GreenShoots invest in?

GreenShoots invests primarily in Biotechnology, Chemical and Fruit startups, most often at Grant and Seed stage. Most of the 8 investments tracked by Shizune back companies in Canada. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### When did GreenShoots last invest?

The most recent investment recorded for GreenShoots closed in Dec 2025. Shizune tracks 8 investments in total for this profile, including round sizes, stages and portfolio companies, all sourced from confirmed public funding rounds and refreshed monthly.

### Is Shizune's investor data accurate?

Yes — every stat on this profile is calculated from confirmed public funding rounds monitored across hundreds of sources since 2020. This profile was last refreshed in Oct 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

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