Alberta tech firms attract record $455M in venture capital in 2020, report says (CBC News)

51 deals represent 100% increase over 2019 investments

CBC News

Posted: March 24, 2021
Last Updated: March 24, 2021

“Alberta posted a record year in 2020 for venture capital investment in tech firms with twice as many deals being signed than the year before for a total of $455 million in financing, according to a report released Wednesday.

The year in review published by the Canadian Venture Capital and Private Equity Association (CVCA) says there were 51 deals inked in 2020, including two blockbuster investments.

Edmonton-based enterprise software company Jobber raised $76 million from Summit Partners, Version One Ventures, OMERS Ventures and Tech Pioneers Fund.”

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