Investment In ICT Continues To Soar In Canada

March 26, 2018 | By: Jon Jackson

On Mar. 6, CVCA released its 2017 Year-In-Review data which demonstrated the attractiveness of ICT investing in Canada.

Canadian ICT companies received the majority (71%) of total venture capital dollars invested ($2.5B over 375 deals) while life science companies received a fifth of the dollars invested ($696M over 105 deals).

Almost a fifth (19%) of all private equity deal deals in 2017 were closed in the industrial and manufacturing sector with information communications technology (ICT) companies receiving the second largest share at 16%. Since 2013, both these sectors have seen a dramatic increase in deal flow.

Rebecca Giffen (Executive Director of the Venture Capital Association of Alberta) recently joined the CVCA’s Data Committee which provides governance over CVCA InfoBase and other industry research initiatives. She’s observed “an increasing appetite from venture capital recently, and more strikingly, from private equity investors in the ICT sector; more deals and dollars fueling Canadian innovation”

The CVCA will be examining the intersection between private equity and technology investing at The CVCA Exchange – Eastern & Central Canada Edition, our most sought-after CVCA Insights event. The Exchange is back this spring to analyze market trends and opportunities across Canada’s major markets. Register Now for this event taking place at Vantage Venues on Apr. 18.

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