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Venture funding in Montréal reached an impressive $1.15 billion in 2020, solidifying the city as one of the top startup ecosystems in Canada, only just behind Toronto.
Large deals fuelled Calgary’s healthy 2020, but Western Canada could have an early-stage funding problem Although Calgary tech startups raised more venture funding through more deals in 2020 than in the year prior, a lack of early-stage deals could indicate a funding gap at this stage extending across Western Canada. Hockeystick tracked four deals under $250,000 in 2019 and 2020, indicating an early-stage gap. Hockeystick’s Calgary Tech Report looks at how the province’s tech ecosystem fared in terms of deals and dollars, with data sourced through exclusive partnerships ...