Cleantech and Life Sciences Investments dominate Canadian venture capital market during Q1 2010

May 20, 2010

Canadian Venture Capital Association reports Q1 2010 venture dollars were down compared to Q1 2009

Just over $275 million was invested by the venture capital community in Canada during the first three months of 2010, compared to $279 million for the same period in 2009. Cleantech investments represented more than a quarter of all V/C activity in Canada for Q1 2010, with IT investments continuing to lead investments, capturing 37% of the total. When comparing the provinces, Quebec came out on top, accounting for than one-third of Canadian venture investments.

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