Intro

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"Last year, the average deal size among Canadian tech startups jumped to $15.5 million, from $6.8 million in 2020, with funding rounds of $25 million or more accounting for 75% of total capital invested, up from 51% in 2020, PitchBook said on Thursday." -Angus Loten

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U.S. Venture Capital Is Pouring Into Canadian Enterprise Tech Startups “U.S. funds have been coming across the border aggressively in the last five years, which has helped fuel cohorts of investable companies,” says a lead investor at Georgian, a Toronto-based VC firm.