Canadian Venture Capital Invested Up 55% in Q1
Venture capital (VC) deal-making in Canada shot up in the first quarter of 2013, reports Thomson Reuters (publisher of peHUB Canada). Dollars invested totaled $460 million, up 55% from the year before, while companies financed grew 17%. Market activity was led in clean-tech sectors, which accounted for $180 million invested, or 39% of the total. IT-related activity took second spot, with $143 million invested, or one-third of all disbursements. VC-backed exits also rose sharply in Q1 2013, while fund-raising declined 44%.
17 May 2013•5 mins read
