Venture capital climbs to 10-year high as technology booms
According to new figures from the Canadian Venture Capital & Private Equity Association, funding for entrepreneurs comprised 536 deals for a total of $2.25-billion in 2015. That's the best result for Canadian startups since before the 2008 financial crisis, and according to CVCA president Mike Woollatt the trend is likely to continue in 2016, since Canadian venture investors raised another $2-billion last year, and are now on the hunt for new deals.
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