Canadian VC sees another quarter of $1 bln+ invested in Q3
Venture capital investment in Canadian technology companies continued at a robust pace in the first nine months of 2017, with $3.2 billion deployed to 377 financings, according to final data released by Thomson Reuters. In dollar terms, this represented a 26 percent increase from a year ago. Additionally, Q3 2017 marked the fourth consecutive quarter with more than $1 billion invested. A total of $1.16 billion went to 120 financings in this period, up 55 percent from the same time in 2016. Foreign investors have played a key role in 2017 market trends, with U.S venture capital firms accounting for 41 percent of all disbursements at the end of September.
1 November 2017•4 mins read
