Canada’s startup scene makes a polite pop, but still awaits its big bang
March 18, 2015
Vancouver, BC — Canada has a lot of technology talent: it’s a hub for innovative game design and clean tech ventures, for example. It has its share of smart software companies, but when it comes to helping them all grow, it needs help.
In Canada, venture capital firms invested $1.9bn during 2014, representing 379 deals, according to the Canadian Venture Capital Association (CVCA). That sounds impressive, until you look south of the border to the US. There, venture capitalists invested $48.3bn in a whopping 4,356 deals, according to PwC.
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