Warren Bergen


Warren joined AVAC Ltd. as Vice President of Corporate Development in January 2011, and became President of the organization in 2015. With over 15 years of expertise in the technology industry, Warren brings a breadth of experience that spans start-up and growth stage sales and marketing, finance, and venture capital investment. His background is a highly relevant blend of entrepreneurship and early-stage investment know-how spanning angel, venture capital, and public markets. In technology operational roles, his experience includes IT sales and marketing leadership, integration contracts, and channel development. In addition, he has been instrumental in the capital raise for a number of technology companies. Warren holds a Bachelor of Commerce degree and enjoys coaching entrepreneurs. He is the author of ‘Swagger & Sweat’ – A Startup Capital Boot Camp.

Through his work at AVAC Ltd., Warren has been an expert speaker at several events, including the Agricultural Biotechnology International Conference, Banff Venture Forum, Ernst & Young Boot Camp, and the Business First Technology Seminar.

Mark Carlson

Managing Director

Mark joined AVAC Ltd. as Vice President, Investment in 2009, and is also the Managing Director of AVAC’s Ag Tech Investment group. In his role, Mark is responsible for all aspects of investment operations. Mark has directed venture capital and investment financing for a broad range of early-stage technology companies for the past 15 years. His sectors of investment expertise span the agriculture value chain, complemented by internet-powered and related software businesses, manufacturing, and life science which are all synergistic to Ag Tech investing. Furthermore, Mark’s comprehensive, hands-on knowledge of irrigated crop and cow-calf production gleaned from his farm up-bringing and ranching experience augments AVAC’s agricultural technology investment strategy and investment decision. Mark has a Bachelor of Economics and an MBA.

As AVAC’s Vice President, Investment and Managing Partner of AVAC’s Ag Tech investment group, Mark has spoken at numerous conferences, including the Agri Innovation Forum, and the Agri Investment Forums.

Jim Hardin

Senior Investment Manager

Jim joined AVAC as an investment manager in 2006. Prior to joining AVAC, Jim spent over 13 years in academics and the biotechnology industry. Jim has a Bachelor of Science in Zoology and a Ph.D. in Gastrointestinal Physiology, and brings a broad background in life sciences to the organization. He has published over 100 patents, book chapters, full articles, and abstracts in the area of gastrointestinal physiology and animal models of infectious disease, thus lending an extensive background in life sciences. Jim’s focus areas include biotechnology, medical devices, and agricultural technology.

Martin Vetter

Senior Investment Manager

Martin is passionate about building technology companies and working with the entrepreneurs behind them. Drawing on over 25 years of business experience in a range of technology companies and industries, Martin brings a valuable perspective, which shows in his approach and contribution to AVAC’s team and investees. Prior to AVAC, he worked across product and program management, with a focus on strategy and product commercialization. Previous employers include Acceleware (high performance computing), Hemisphere GPS (telematics), Novatel Wireless (mobile), and Nortel (VoIP telephony). Martin has a Bachelor of Engineering and an MBA. His areas of expertise include leadership, combined with functional expertise and experience in general business management, technology commercialization, governance, and investment transactions.

Ingrid Fung

Senior Associate, Agriculture Technologies

As Senior Associate at AVAC Ltd., Ingrid is responsible for deal sourcing and due diligence pertaining to Canadian Ag Tech opportunities. Located in Toronto, Ontario, Ingrid acts as the AVAC Ltd. point of contact in Eastern Canada. In addition, Ingrid actively monitors trends and drivers in the Ag Tech sector to enable the AVAC team to identify investment opportunities with potentially disruptive technologies.

Ingrid has over 5 years of academic research experience in diverse areas such as developmental biology, molecular biology, chemical biology, and plant-pest interactions. Prior to joining AVAC Ltd., Ingrid worked as a Sr. Business Analyst with Bioenterprise Corporation, where she provided commercialization guidance to innovative Ag Tech companies, and was responsible for commercial due diligence, strategic relationship development, and investment preparation.

Ingrid holds an HBSc, specializing in Developmental Biology from the University of Toronto, and an MSc in cell and molecular biology specializing in plant–pest interactions from the University of Western Ontario.