PwC and CB Insights' Q3 2018 Canadian MoneyTree report highlights the latest trends in venture capital funding in Canada.
Canadian VC funding declines for second straight quarter, after record Q1
VC investment in Canadian companies fell 42% to $541M in Q3’18.
Early-stage rounds jump in Q3’18 to 30% of all Canadian deals
Early-stage rounds increased as a percentage of Canadian deals, rising to 30%. Later stage deals declined to just 2% of all deals, down from 8% in Q2.
AI funding falls in Q3’18 after record Q2
Investment in Canadian AI companies fell in Q3’18 to $106M over 9 deals, following a record Q2.