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Canadian VC Funding At $900M In Q2

The number of deals to Canadian venture-backed companies increased in the second quarter of 2018, according to the MoneyTree™ Report from PwC Canada and CB Insights. The increase occurred despite a marginal decline in investment dollars compared to the previous quarter. This past quarter, Canadian venture-backed companies closed 116 deals, up from 112 in Q1. Meanwhile, total venture capital funding (all figures in USD) totalled $900M in Q2, a 7% decline in investment from last quarter. "From coast to coast, we have seen strong venture capital activity in the first half of 2018. A recent rebound in seed-stage deal activity and a lift in later-stage...