CVCA YTD Q3 2017 VC Canadian Market Overview:
Canadian VC Experiences Billion-Dollar Quarter
$980M invested in Q3 2017; 8% increase from Q2 and 43% increase compared to Q3 2016
November 22, 2017 – Toronto, ON – Venture capital investment in Canada experienced an extraordinary quarter in Q3 with $980M invested over 149 deals; representing an incredible 43% increase compared to the $683M in Q3 2016. So far in 2017, $2.6B has been invested over 431 deals. The CVCA expects this investment pace to continue through the final quarter resulting in the final 2017-year total to top the $3.2B total dollars invested in 2016.
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About the CVCA
The CVCA is the voice of Canada’s venture capital and private equity industry. We are focused on improving the private capital ecosystem by broadening industry awareness and providing market research, networking, and professional development opportunities. We also advocate on behalf of the industry to ensure sound public policy that encourages a favourable investment environment. The CVCA works alongside its members, who represent the vast majority of private capital firms in Canada, to improve the industry and drive innovation and growth. Please visit: http://www.cvca.ca.
For more information or to arrange an interview, please contact:
Carolyn Goard
Senior Manager, Communications
Direct: 416-487-0519, ext. 204
Mobile: 416-706-7879
Email: cgoard@cvca.ca