Canadian venture capital investment activities reached $3.59 billion in 426 financing rounds during the first nine months of 2020, down 33% and 18% in disbursements and number of financing respectively from those in the same period in 2019.
US investor participation is hovering around 30%. To match funding levels of 2019, US investors would need to return to the Canadian market in substantial numbers, which so far in 2020 has not happened.
Full new release
- CSE, Mining, PE/VC backed IPOs – bright spots of 2020 Canadian IPOs - January 5, 2021
- First 9 months Canadian VC disbursements at $3.59B down 33% from same period in 2019 - December 8, 2020
- Canadian VC reached $2.59B following 2 consecutive sharp quarterly drops - September 8, 2020