Canadian venture capital invested up 33 pct in first half of 2015
Venture capital investment in Canadian innovative startups continued at a robust pace in the second quarter of 2015, with a total of $636 million deployed to 143 financing rounds, according to final data released by Thomson Reuters. At the end of June, venture capital invested across Canada totaled $1.2 billion in 300 deals, which is up 33 percent from the same time in 2014. In fact, Canadian startups have not received as much venture capital in a January-to-June period since 2002, Thomson Reuters said. Fundraising by Canadian venture capital firms reached $878 million in total in the first half of 2015, up 21 percent from the year before, making it the most active fundraising in a six-month period in three years.
27 July 2015•3 mins read
