Investment Activity Increases


    Investment activity in Canada’s venture capital (VC) market increased significantly in 2013, especially in terms of dollars invested in innovative companies, says data from CVCA ‒ Canada’s Venture Capital & Private Equity Association. Investments made by VC funds totaled $2 billion as of December 31, 31 per cent more than the $1.5 billion invested in 2012. In fact, investments in 2013 were at their highest level since the peak of the previous cycle in 2007. During 2013, 452 deals were completed, up two per cent over the prior year and, in contrast to prior years, investment was slightly more skewed to early-stage and expansion financings of Canadian innovative companies.