Five Year Look at Fundraising in Canada

CAD $450M COMMITMENT

In 2021, the federal government renewed the VCCI program with a CAD$450 million commitment.

20% OF VC FUNDS RAISED WERE FIRST TIME FUNDS

Every year since 2017, at least one-third of VC funds closed were first-time funds, taking up more than 20 per cent of total dollars raised by Canadian VC firms.

CAD $500M MEDIAN PE FUND SIZE IN 2021

Analysis of disclosed fund sizes shows that the median PE fund size jumped in 2021 to a five-year record.

CAD $6.76B RAISED

Capital raised for venture funds by Canada-based firms rose to a record height in 2020.

First-time VC Fundraising Activity in Canada