Preliminary data from the Canadian Venture Capital and Private Equity Association offers a look into one of the best years for venture capital in national history and reinforces the promise of strong numbers for Atlantic Canada in 2021.
The early figures show Canadian companies raised just shy of $15 billion worth of VC deals -- more than triple the roughly $4.5 billion from 2020 and more than double 2019’s better-than-average $6.2 billion. The national association is expected to release its final data for 2021 in early March.
“There was a smaller volume of deals which signals larger