Canadian VC firms raise $1.5B in 2016

42 venture capital funds raised $1.5 billion in 2016, according the study released by CPE Media.

24 private venture funds raised $1.17 billion and 4 private debt/royalty funds raised $68 million.

Among the 41 funds, 11 are single purpose vehicles (SPVs) raising $30 million. SPVs are increasingly becoming important as Canadian venture capital firm forgoing long fundraising cycle in favour of small and fast structured funds to invest and co-invest in companies. Also included in SPVs, are co-investment funds structured by crowdfunding platform such as InvestX.

Methodology

Data is complied from Private Capital Dealbase, CPE Media’s all new private capital deal database. Information is collected and cross-verified from numerous public sources.
Venture Capital fundraising includes professionally managed venture capital funds, corporate or government dedicated funds. Excluded financing by publicly traded investment firms and fundraising by tax-incented retail funds.

Ted Liu

Ted Liu, M.Sc. (Mining), MBA (Finance), is the Editor of Private Capital Journal and CanadaMetals.ca, and former Editor of Canadian Private Equity. Ted has been passionately tracking Canadian private capital industry since 1992, most recently served as Research Director for The Canadian Venture Capital and Private Equity Association (CVCA). Ted was the architect of CVCA infobase, and is the architect of CPE Media's Financings.ca, the most sophisticated and advanced all private capital and public market financing database.