2020 Canadian Venture Capital at $5.3B, 2nd best since 2017

CPE Analytics today released 2020 Canadian Venture Capital Report, 610 financing rounds closed in 2020 for total disbursement of $5.3 billion, down 12% and 29 % respectively from record year of 2019. With US investors came back in Q4, 2020 was still to be second best since 2017.

  • City of Toronto was only $1 billion VC city in 2020 with $1.18 billion, compared to 3 in 2019.
  • US Private VC was the top leading investor type, 2.25 times of the second leading type, Canadian Private VC
  • US, UK, South Korea, China, Netherlands rounded up the top 5 foreign funding sources
  • Dentons Canada LLP was the top VC law firm with 77 VC deals

Full new release
https://www.newswire.ca/news-releases/2020-canadian-vc-reaches-5-3b-despite-covid-828144620.html

Report Summary
Download – https://www.financings.ca/reports/