Venture capital soared to new heights in Canada in the first full year of the pandemic. By Q3, deal activity—both number of deals and dollars invested—had already surpassed 2020 levels. By mid-December, venture funding reached US$12.3 billion across 1,027 deals, according to PitchBook data provided to The Logic, nearly double the amount invested in 2019, the previous record year.
In-depth, agenda-setting reporting
Great journalism delivered straight to your inbox.

Shift newsletter
Why Tesla’s shadow looms over the dispute between auto workers and the Detroit 3
Briefing
Microsoft announces AI-powered platform for PCs
Magnetic-field sensors from Quebec’s SBQuantum to get live test in orbit
Waabi, Uber Freight partner to deploy autonomous trucking
Best business newsletter in Canada
Get up to speed in minutes with insights and analysis on the most important stories of the day, every weekday.
Exclusive events
See the bigger picture with reporters and industry experts in subscriber-exclusive events.
Membership in The Logic Council
Membership provides access to our popular Slack channel, participation in subscriber surveys and invitations to exclusive events with our journalists and special guests.