PwC and CB Insights' Q2 2018 Canadian MoneyTree report highlights the latest trends in venture capital funding in Canada.
Financing to Canadian companies declines from record Q1’18 highs
Total funding to Canadian companies decreased 7%, with $900M invested across 116 deals.
Seed-stage deal activity increases, expansion and later-stage declines
Seed-stage deal share increased to 32% in Q2’18 after declining for three quarters in a row. Early, expansion, and later-stage deals all declined as a percentage of Q2’18 deals.
Canadian IoT companies see increased funding and deals in Q2’18
Investment in Canadian AI companies jumped to $169M in Q2’18, an increase of 104% over Q1. The sector recorded 13 deals in Q2’18.
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