Canadian VC invested hits $1.9 bln in September, up 17 pct
Venture capital investment in Canadian startups continued at a robust pace in the third quarter of 2015, with $783 million invested in 106 financings, according to final data released by Thomson Reuters. Led by strong investment in information technology, deal-making in Q3 2015 was 23 percent higher year over year. At the end of September, venture capital invested in Canada reached $1.9 billion in 406 financings, up 17 percent from a year ago. It was also the best result for a first three-quarters period since 2001, Thomson Reuters found. Like investment trends, fundraising in the domestic market saw growth in the first nine months of 2015, with commitments of $1.1 billion, up 20 percent from the year before.
26 October 2015•3 mins read
