Canadian VC approaches 2016 peak as top Q3 deals draw $572 mln
Canada’s top 10 venture-capital financings in the third quarter won $572 million from investors, up 45 percent from the $395 million that went into the top 10 deals a year earlier. The number is based on PE Hub Canada’s list of the largest deals announced in Q3 2017, supplemented by preliminary data from Thomson Reuters. The list is headed by LeddarTech, which accounted for 2017’s fourth $100 million-plus round, Milestone, Absorb Software and Freshbooks. Third-quarter data, when combined with the results of Q1 2017 and Q2 2017, suggest Canadian VC investment activity this year is poised to match or exceed the robust levels of 2016.
12 October 2017•3 mins read
