Canada called “most sought-after” destination for American VCs

December 15, 2015

Preqin, a source of data and intelligence on alternative assets, claims that for American VCs, the best place to look is north. According to Preqin, which is used by 24,000 professionals across the world, a third of US-based venture capital firms invested in foreign markets in 2015, and Canada took the biggest share with 10 percent of these investments. Software companies were the most popular investment as it accounted for 23 percent of deals.

“Deal activity for the last five years has hovered between the 8 percent to ten percent for Canadian portfolio companies, therefore it is likely that VCs will continue to expand their horizons with Canada becoming more of a consideration for active firms in 2016.” said Felice Egidio, head of venture capital at Preqin.

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