The Canadian Press/Adrien Veczan
Special Report

Canadian venture capital’s 2021: Record valuations, mega-rounds and global appeal

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.

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