Organization: Private Equity Association

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…