First 9 months Canadian VC disbursements at $3.59B down 33% from same period in 2019

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By CPE Analytics

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.

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