Canada's venture funds collect $2.2 bln in 2016, as fundraising hits 14-year high
Canada’s venture industry in 2016 had its best fundraising year since the dot-com era, thanks to greatly improved supply-side conditions. Some 25 funds banked more than $2.2 billion in committed capital this year, according to preliminary data from Thomson Reuters and supplementary data compiled by PE Hub Canada. That’s up 86 percent from $1.2 billion raised in 2015. In fact, the data suggest fundraising levels in 2016 are the highest in Canada since 2002, when $2.5 billion was secured.
27 December 2016•3 mins read
