Organization: Macdonald & Associates Ltd

Venture capital investment drops in third quarter

The Canadian Venture Capital and Private Equity Association (CVCA) has made “chronic underfunding” of the industry its top priority following disappointing third quarter (Q3) data for Canadian venture capital (VC) investment and fund raising. Q3-05 data provided by Thomson Macdonald (formerly Macdonald & Associates Ltd) show VC investments fell to $261 million, down 59% from…

Canadian VC invests nearly $2.5 billion in 2002

Canada’s venture capital industry invested $2.466 billion with 814 financings in 2002, a decline of 35.1% from the year before. The data were included in the latest release from the Canadian Venture Capital Association and Macdonald & Associates Ltd. More than 30% of the 2003 total was disbursed in Q4, up significantly from Q3 and…