VC Invested in Canada Hits $1.5B in 2012, Fund-Raising Up Sharply
Canada’s venture capital (VC) market steered a steady course in 2012, with levels of dollars invested matching activity in 2011, according to Thomson Reuters (publisher of peHUB Canada). VC invested totaled C$1.5 billion, and involved 395 clean-tech, IT, life sciences and other companies, which is up slightly from the year before. Fund-raising activity grew more substantially, with new capital commitments reaching their highest level in a decade. A total of C$1.8 billion was committed to 33 Canadian VC funds in 2012, up 73% from 2011, and surpassing activity in every year since 2002.
19 February 2013•3 mins read
