Briefing

First quarter of 2019 sees $1 billion in venture capital investments in Canada

According to the Canadian Venture Capital Association, investments were spread over 142 deals—a 48 per cent bump from the same quarter in 2018, when $690 million was invested across 139 deals. Tech companies made up some of the largest deals this quarter, with Toronto-based financial software company Vena Solutions raising $115 million from U.S. investors in one of the notable “mega-deals,” which the organization defines as deals over $50 million. (BetaKit)

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