US and foreign investors drive Q1 2022 Canadian VC investments to $3.37B
US and foreign investors invested $1,983 million and $512 million in Canadian companies or 59% and 15% of the total respectively.
- US and foreign investors invested $1,983 million and $512 million in Canadian companies or 59% and 15% of the total respectively.
- In light of the war in Ukraine, it is worth noting that $14 million was invested by Russian entities into Canadian companies in Q1 2022.
- 8 Canadian venture capital funds, including 6 private, 1 social impact, and 1 corporate funds, raised $555 million in Q1 2022.
- "A continuing trend in Q1, 2022 that has been noticeable since 2019 is the predominance of VC funding provided by US investors.