Early-stage VC funding and mega-deals carry Canada to second-largest Q2 on record
AI, cleantech stay hot as growth-stage activity keeps quiet, per CVCA’s latest report.
AI, cleantech stay hot as growth-stage activity keeps quiet, per CVCA’s latest report.
FinTech valuations are the weakest since COVID-19 hit in the first half of 2020.
OpenAI takes number one spot in list of top 100 private cloud firms.
Alberta tech companies raised $123.8 million through six deals in the second quarter of 2023.
Off-the-record raises may be painting an incomplete picture of the ecosystem, investor says.
Scaleup GAP was created in 2021 to bring more tech and business accelerators to Alberta.
Investment in the region grew by 42 percent from Q1 2023, and 81 percent year-over-year.
Capital converges on a select few winners as Toronto and BC megadeals make a comeback.
Ottawa’s tech talent concentration is higher than San Francisco’s Bay Area, CBRE says.
Shopify, OpenText, Telus, CGI, Descartes Systems Group, and Constellation Software all made the list.
Canada largely benefits from US tech companies expanding to Canada, the report found.
Waterloo topped the list in terms of enrolment, while U of T was the top-ranked Canadian school.
PitchBook analyst: “It’s not going to be a six-month turnaround.”
While deal count rose, angels disproportionately favoured existing portfolio firms.
Larger ecosystems keep the status quo, as smaller ones post slight improvement.