Canadian venture capital continued to soar in 2019 as homegrown startups and scale-ups saw more than triple the investment they received just six years earlier, nearing heights not seen since before the dot-com crash.
Image: Kim Furlong, the CVCA’s chief executive officer, said interest from U.S. capital and the sector-stimulating federal Venture Capital Catalyst Initiative helped boost funding in 2019 after a plateau in the previous year. CANADIAN VENTURE CAPITAL AND PRIVATE EQUITY ASSOCIATION
