US investors are poised to push Canadian VC to over $2.2 billion in Q4 2022.

TORONTO, January 3, 2023 – Canadian venture capital (VC) investments in the fourth quarter of 2022, driven primarily by US and international investors, are expected to easily exceed $2.2 billion.

As of the end of 2022, CPE Analytics/Canadian Financing’s 2022 Canadian Venture Capital Report tallied $2.18 billion in the fourth quarter and $8.19 billion in 2022.

2022 VC figures include 1passwords’ $620 million Series C (of which $299 million was secondary exits) completed in Q4 2021, as well as other data providers. It does not include some notable PE deals that have

In the midst of pessimism and doom, despite quarterly ups and downs, 2022 is shaping up to be the second best Canadian VC year after 2021, a record year.

US and international investors played a dominant role in driving investment in the fourth quarter, accounting for 49% and 18% of total spending respectively. US and international investors will account for 47% and 19% of total spending in 2022.

After peaking at 42% in Q3 2022, Canadian investors’ share returned to 33% in Q4. Overall, Canadian investors share an average of 34% in 2022.

US investors invested $1.07 billion (49%) in Q4 2022, while Canadian investors invested $722 million (33%).

The top 10 foreign investors, including US investors, accounted for 66% of total spending in Q4 2022.

“Preliminary VC investment data shows continued availability of risk capital for Canadian high-growth companies, given the substantial contribution of foreign investment from US and international sources. Diversity is a testament to the resilience of Canada’s risk capital markets and underpins investment levels in 2022 following record-breaking levels in 2021.”

methodology

include

• Direct investments in equity and quasi-equity in companies.

Exclusion

• Secondary transactions where companies do not receive money (exit events for investors/shareholders)
• PE transactions
• Financing by a foreign headquarters/headquartered company with a subsidiary in Canada.

Remillard Consulting Group (RCG)

Rémillard Consulting Group (RCG) is a unique Ottawa-based bilingual consulting firm that advises private sector, government and trade association clients on business issues and public policy issues involving the Canadian financial services industry. We specialize in providing creative, research-based solutions to For more information: rremillard@bellnet.ca

CPE Analytics

CPE Analytics is Canada’s leading all-inclusive fundraising intelligence provider. We provide comprehensive, verified, unbiased information and unrivaled insight and intelligence on private and public fundraising, initial public offerings (IPOs), M&A, and professional investment firm fundraising activities. increase. We are the only data provider in Canada that actively tracks the sources of venture capital funding.

CPE Analytics is the data analytics division of CPE Media & Data Company. More information: https://cpeanalytics.ca, https://financings.ca

CPE Media & Data Company

CPE Media & Data Company is Canada’s leading all-financing news and intelligence provider, founded by Canada’s most experienced private capital and financing research professionals. For more information: https://cpecompany.ca/