Quebec's venture-capital leaders are cautiously optimistic about their market after investment in emerging companies grew 48 per cent last year in an annual survey made public on Tuesday.
A total of $549 million of investment was reported in the province. And the top funded companies in Canada were all located in Montreal: Enerkem Technologies Inc., which received $90.3 million, Enobia Pharma Inc. with $40.8 million and Beyond the Rack Inc. with $36.6 million.
Quebec was roughly tied with Ontario for the most dollars invested with a 36-per-cent share of Canadian venture-capital investment. The increase was good news after a poor showing in 2010 when the market declined by nine per cent.
To read the full, original article click on this link: Venture capital flows to Quebec
