Posted on April 15, 2014 @ 10:13:00 PM by Paul Meagher
The Canadian Venture Capital Association (CVCA), in association with Thompson Reuters, compiled a report
on Venture Capital Investment in Canadian Companies in 2013.
The report includes an interesting graph that ranks US states and Canadian provinces by the amount of venture capital
they attracted in 2013. The graph is reproduced below.
It would appear that there is less volatility in rankings among the top 5 states, but after that there is quite a bit of year-to-year volatility in rankings. It is also important to note that the money being spent in a particular state or province does not all come from the state/province/country in question. In the case of the Canadian provinces, the improved rankings came about as a result of increased foreign VC investment - domestic VC investment was actually down in 2013 compared to 2012 so the improved rankings we due to improved foreign VC investment. The increase in Canadian foreign investment came from US venture capital.
The report contains many interesting and useful graphs and is worth exploring on your own. I'll end this discussion by displaying one more graph from the report. The graph below is a breakdown of where VC money is being invested. While the majority of investment continues to be in info-tech, and it continues to increase each year, the average deal size has increased significantly for clean-tech companies. Average deal sizes for clean-tech companies were at least double the size of deals in companies belonging to other sectors.
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