PwC Canada and CB Insights recently released their Q3 2018
MoneyTree Canada Report (the "Report").
The Report provides an in-depth analysis of Canadian venture
capital ("VC") trends from a global perspective, noting
top sectors, markets and investors for the year to date.
Q3 2018 – No Year-Over-Year Increase in Canadian VC
Activity
Financing and deal activity in Canada fell sharply in Q3 2018.
After a record 127 deals in Q2 2018, deal activity fell to 87 in
Q3. Total funding raised in Q3 2018 totalled US$541 million,
representing a 42% drop in funding compared to last quarter's
US$927 million. Q3 2018 is the only quarter in the last eight
quarters where VC activity in Canada did not increase
year-over-year.
