Canada's VC market sees eye-popping $1.4 bln invested in Q1
Venture capital (VC) investment in Canadian technology companies sustained a rapid pace in Q1 2019, with $1.4 billion deployed, marking the most active first quarter in dollar terms in nearly two decades, according to final data released by Refinitiv. The strong dollar flows went to fewer financing rounds, with 120 deals done between January and March, down 10 percent from the same time in 2018. Late-stage companies accounted for 35 percent of total rounds in Q1 2019, the largest share ever recorded. Information technology sectors remained the main recipient of VC investing in the first quarter, securing $821 million.
2 May 2019•4 mins read
