61
Conclusion Executive Summary
G oing forward, our research indicates both the amount invested in Canadian businesses by ven- ture capital funds and the number of deals have de- clined in Q2 2022 compared with both Q1 and also the equivalent quarter in 2021. Venture capital investment in Canadian companies was less than half the amount a year earlier. This reflects a wider global trend. It arises from the economic slowdown and associated downturn in public markets for tech and life science companies.
Although this downturn is most pronounced at the later stage, both early-stage and seed stage investing have also fallen. And there has been an increase in median deal size from $3 million to $4 million USD. What effect this downturn in venture capital investing might have on angel investment is currently unclear. But given the con- nections between the two markets it is inevitable that it will have some impact on angel investing.
2022 ANNUAL REPORT ON ANGEL INVESTING IN CANADA
Powered by FlippingBook