I N V E S TME N T ACT I V I T Y I N 2 0 2 0 I nves tment Cha r ac t e r i s t i cs - I ndus t r y Sec t o r
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COVID-19 may have had an impact on the types of investments made by angel organizations. ICT’s share of investments dropped to close to one-third in 2020 compared with close to 50% in previous years, while the proportion of investments in the Life Sciences sector has increased. There has also been an increase in the proportion of investments in services and manufacturing in 2020 compared with previous years. Comparatively, the US Angel Capi- tal Association’s most recent Angel Funders Report data shows that Healthcare and Information Tech- nology investments continue to dominate in angel investing in the
A: Percentage of Investments by Industry (number of investments) FIGURE 17
ICT Life Science Services Manufacturing Energy Clean Tech Other
100%
2%
2%
1%
6%
8%
12%
14%
2%
90%
6%
19%
12%
5%
7%
5%
8%
1%
80%
6%
7%
7%
14%
1%
5%
9%
21%
70%
6%
8%
6%
18%
60%
25%
20%
20%
16%
50%
27%
40%
30%
52%
48%
47%
45%
44%
20%
35%
10%
0%
0%
0%
0%
2015
2016
2017
2018
2019
2020
Year
202 1 ANNUAL REPORT ON ANGEL I NVEST I NG I N CANADA The Chang i ng Landscape
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