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Q1 Canadian Venture Capital Investing Flat

Published: 5/18/2011 7:52:04 AM


Canadian venture capital investments tallied approximately $325 million in Q1, 2011, representing a roughly flat performance when compared to the same period a year ago, according to a report (PDF) by the Canadian Venture Capital and Private Equity Association and Thomson Reuters.

During the period, investment went into 111 companies with an average round size of C$2.8 million.

CVCA president Greg Smith said that the environment for startup investment continues to be poor.

Western Canada and Ontario were responsible for the majority of VC investing during the quarter.

VentureDeal

 

Don Jones
CEO, VentureDeal

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