Alberta’s tech sector remained resilient in first quarter of 2023
byJobber’s megadeal pushed venture funding over $200 million in the first three months of the year.
Jobber’s megadeal pushed venture funding over $200 million in the first three months of the year.
Québec startups raised a cumulative $317.3 million in Q1 2023.
Toronto’s venture funding dropped 94 percent year-over-year.
Startups in BC raised $95.1 million through nine deals in Q1 2023.
VC saw a sharp decline in both amount invested and number of deals compared to last year.
Investment in the province’s tech startups fell by 67 percent in 2022.
Alberta and Québec investment increased by 89 percent and 21 percent, respectively.
Venture funding in Waterloo Region dipped from 2021 peak, but still surpassed pre-bull market years.
Toronto tech startups raised a collective $3.7 billion through 154 deals in 2022.
Investor sentiment goes from FOMO to fussy as deal volume falls to three-year low.
2022 has still already surpassed the previous three years in Alberta venture funding.
A flurry of headwinds pummeled Québec’s tech sector into its lowest investment quarter in three years.
Early-stage deals were nowhere to be found. So what comes next?
Amid uncertain climate, investors favour tending existing crops over sowing new seeds.
VCs are treading water as market tides change.