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BC venture backed companies raised $1.20 billion, equaling to the total VC raised by Ontario and Quebec companies combined ($1.24 billion)
Dapper Labs US $304 million financing is Canada s largest VC financing all time
BC cleantech and advanced agri-tech companies raised $277 million, representing 71% of All Canadian cleantech and advanced agri-tech disbursements
US investors invested $1.51 billion, accounting for 54% of the total disbursements
Investors from US, Germany, BVI, Hong Kong, and UK rounded up the top five foreign funding sources, together accounting for 67% of the total disbursements
US Private VC, US Corporate VC, US Hedge Fund, Canadian VC and Foreign Corporate VC ranked as the top five leading investor types
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US investors were back in force in Q4, propelling 2020 to be the second best year since 2017
City of Toronto was only $1B VC city in 2020 with $1.18B
US Private VC was the top leading investor type, 2.25 times of the second leading type, Canadian Private VC
US, UK, South Korea, China, Netherlands rounded up the top 5 foreign funding sources
Dentons Canada LLP was the top VC law firm with 77 VC deals
TORONTO, March 1, 2021 /CNW/ - Driven by renewed US investments in Q4 2020, Canadian venture capital disbursements reached $5.3 billion in 2020. Despite the COVID-19, 2020 was second-best year since 2017, behind 2019 the record year of $7.5 billion. (All amounts in Canadian dollars unless otherwise stated)