Vancouver Tech Journal

Vancouver Tech Journal

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Vancouver Tech Journal
Vancouver Tech Journal
With $2.7B invested, Q1 is top quarter ever for Canadian VC investment

With $2.7B invested, Q1 is top quarter ever for Canadian VC investment

Record quarter propelled by late-stage deals, says CVCA head Kim Furlong.

William Johnson's avatar
William Johnson
May 25, 2021
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Vancouver Tech Journal
Vancouver Tech Journal
With $2.7B invested, Q1 is top quarter ever for Canadian VC investment
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Q1 2021 was the strongest quarter on record for VC investment with $2.7 billion invested over 175 deals in the first three months. According to a report by the Canadian Venture Capital & Private Equity Association (CVCA):

  • There were 16 mega deals ($50 million+) in Q1, accounting for 67% of total dollars invested in the quarter.

  • The average deal size was $…

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