Businessnewshubb
Advertisement
  • Home
  • World
  • Business News
  • Markets
  • Startup
  • Contact Us
No Result
View All Result
  • Home
  • World
  • Business News
  • Markets
  • Startup
  • Contact Us
No Result
View All Result
Businessnewshubb
No Result
View All Result
Home Startup

There are a lot of reasons to be excited about Canada’s venture market

December 11, 2022


Canada’s venture market isn’t immune from the global market downturn, but unlike the U.S. — where everything seems increasingly bleak — there are quite a few bright spots in Canada’s ecosystem this year.

Data from the Canadian Venture Capital and Private Equity Association (CVCA) found that C$7.2 billion ($5.28 billion) was invested across 520 deals in the country through the third quarter of this year. This compares to C$15 billion deployed through 786 deals in 2021 (more on Canada’s last year here). Through Q3, the Canadian market had already surpassed its 2020 numbers. It’s also worth noting that, unlike in the U.S., the fourth quarter is not the slowest investment period each year in Canada.

A lot of recent Canadian venture investment has been concentrated in the early stages. So far this year, 88% of the known venture deals in Canada were seed or early stage, compared to 67% in the U.S., according to PitchBook.

CVCA’s manager of research and product, David Kornacki, said that despite the investment totals being lower than last year, there have been a lot of signs this year that the Canadian venture market is growing closer to maturity. For one, he thinks the proliferation of seed deals will create a good pipeline of later-stage opportunities in the region in a few years, something Canada has struggled with.



Source link

Previous Post

AI-driven investment startup Delphia acquires Fathom Privacy to increase transparency with user data

Next Post

SHIB Slips to 20-Day Low, DOGE Also Declines – Market Updates Bitcoin News

Next Post

SHIB Slips to 20-Day Low, DOGE Also Declines – Market Updates Bitcoin News

10 Best Small Business Blogs of 2022 » Succeed As Your Own Boss

Movement51, CIWA secure $861,980 from PrairiesCan to support women entrepreneurs, investors

Breakthrough fusion power announcement expected tomorrow. Here’s what it means • TechCrunch

AVAX Hits 1-Week High, as LTC Also Climbs Following US Inflation Data – Market Updates Bitcoin News

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Lightmatter’s photonic AI hardware is ready to shine with $154M in new funding

by admin
May 31, 2023

Photonic computing startup Lightmatter is taking its big shot at the rapidly growing AI computation market with a hardware-software combo...

Shopify facing $130-million lawsuit for alleged attempts to slash post-layoffs severance pay

by admin
May 31, 2023

Lawsuit claims severance packages were reduced by “tens of thousands of dollars.” Shopify is facing a $130-million class action lawsuit...

No ChatGPT in my court: Judge orders all AI-generated content must be declared and checked

by admin
May 30, 2023

Few lawyers would be foolish enough to let an AI make their arguments, but one already did, and Judge Brantley...

SAAS NORTH producer reveals new Vancouver-based INNOVATEwest tech conference

by admin
May 30, 2023

INNOVATEwest will take place April 16 to 17, 2024 at the Vancouver Convention Centre. Vancouver will play home to another...

business-news-hubb-white

© Business News Hubb All rights reserved.

Use of these names, logos, and brands does not imply endorsement unless specified. By using this site, you agree to the Privacy Policy and Terms & Conditions.

Categories

  • Home
  • World
  • Business News
  • Markets
  • Startup
  • Contact Us

Newsletter Sign Up.

No Result
View All Result
  • Home
  • World
  • Business News
  • Markets
  • Startup
  • Contact Us

© 2022 Business News Hubb All rights reserved.