Mark Lowey

Canada growing more $1-billion “unicorn” companies, global startup ecosystem report shows

Mark Lowey
June 22, 2022

More Canadian companies are remaining in Canada to grow "unicorns" (firms with a $1-billion or more valuation) rather than selling early to foreign entities, according to data in Startup Genome's 2022 Global Startup Ecosystem Report. Meanwhile, in Atlantic Canada the number of startups slowed for the second year in a row, according to a separate report by Nova Scotia-based Entrevestor.

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Other stories mentioning these organizations, people and topics
Organizations: Apexe Global, Asset Compliance, Canada's Ocean Supercluster, Clio, Communitech, Dapper Labes, Deep Genomics, Entrevestor, Federal Economic Development Agency for Southern Ontario, Government of Ontario, Government of Quebec, Hopper, Invest Ottawa, MaRS Discovery District, McKenna Institute at University of New Brunswick, Startup Genome, Startup Montréal, Tenstorrent, and Trulioo
People: Frank McKenna and JF Gauthier
Topics: 2022 Global Startup Ecosystem Report, Atlantic Canada's startup ecosystem, Canadian unicorns, economic value of Canada's startup ecosystems, global performance of Canada's startup ecosystems, Hypergrowth Quebec (Hypercroissance Québec), Ontario Scale-Up Platform, supporting scale-up companies, and training for the tech sector

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