2020 Canadian IPOs reported mixed results – 25 CSE and 23 Mining IPOs led in number of Non-CPC/SPAC IPOs, 6 PE/VC IPOs dominated with $3,539M (73% of total amount raised)
Canadian VC reported $3.59B in 426 financing rounds in first 9 months of 2020; $1.10B of the total funding came from US Investors; VC firms raised $2.75B. All four indicators are down from the same period in 2019.
Canadian VC cooled to $2.59B in H1 2020, accompanied by two sharp consecutive quarterly drops from Q3 and Q4, 2019. Of concern from H1: US investor investment share fell to 30% from high of 46% in 2019 and 2017.
H1 2020 Canadian IPO: 35 IPOs on CSE, TSX, TSX Venture Exchange, and NEO for $2.48B. CSE led with 15 out of 17 non-CPC/SPAC IPOs.
Canadian venture capital disbursement at $1.36 billion – full COVID-19 impact to come in Q2 and beyond.
Investors are pouring money into GoldSilver mining/exploration companies amid the COVID-19 pandemic.
Canadian venture capital (VC) disbursements reached a historical high in 2019 with 642 financings for $7.263 billion, backed by US and foreign investors which invested 55% of the total amount.
Dentons Canada LLP did 83 VC deals in 2019, leading 41 other law firms in assisting Canadian startup companies or investors.
CPE Media Analytics released its venture capital report for the first three quarters of 2019: investments from US investors now accounted for half of all VC $ went to Canadian companies.
First half of 2019 Canadian VC set a torrid pace, with 264 financings completed totaling $2.9 billion, on pace to pass $5B mark for first time since 2000
CPE Media Analytics released comprehensive results for initial public offerings (IPOs) for the first half of 2019.
Q1 2019 Canada VC Results highlight: US investors accounted for 53% of total disbursement, Ontario companies received lion’s share (63%) of disbursements
US investors invested $6.03 billion, accounting for 61% of $10 billion disclosed cannabis investments, almost doubling of the total amount by Canadian investors ($3.1 billion)
Ontario cannabis and related companies received lion’s share of cannabis investments. US and companies with major US operations captured increasing share of investments with $3.64B (23%)
The CSE most active exchange in Canada leading with 349 cannabis and related deals for $4.65B (29% of the $16 billion total)
Cannabis and related companies raised $16 billion in 2018, 445% increase over 2017 and 2,117% over 2016.
Canadian VC/PE backed IPOs overwhelmingly underperformed against US VC/PE backed IPOs and VC backed IPO underperformed PE Backed IPOs, CPE Media Analytics report found