Report: Late-stage Canadian venture deals increase in 2020, driven by influx of US capital
The share of late-stage Canadian tech venture deals increased in 2020 amid an influx of capital from investors based in the United States, according to a new report from Silicon Valley Bank.
Silicon Valley Bank’s quarterly State of the Markets report analyzes the state of venture capital and investing in the United States, as well as other international tech ecosystems. The report’s information pertaining to Canada is sourced from private market data company PitchBook, as well as Silicon Valley Bank’s own data and analysis.
“This increased late-stage capital could be crucial in giving Canadian startups a greater ability to scale.”