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New report indicates potential investing gap for BC's early-stage startups


New report indicates potential investing gap for BC’s early-stage startups
A new analysis by Hockeystick of British Columbia’s deal activity for 2020 shows a gap in early-stage startup funding.
Hockeystick’s BC Tech Report looks at how the province’s tech ecosystem fared in terms of deals and dollars, with data sourced through exclusive partnerships with organizations like the Canadian Venture Capital and Private Equity Association (CVCA). Hockeystick also compiles data from startups using its platform, as well as public data sources.
In 2020, BC saw general capital support across all stages. Early-stage deals accounted for 31 percent of all deals, while Series A deals accounted for 20 percent, and late-stage deals accounted for 40 percent. Since Hockeystick’s Q2 2020 report, there has been consistent late-stage activity for the region. ....

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