Torys' Venture Financing Report picked up by industry media

Industry media publications have picked up Torys' latest Venture Financing Report, with both Law360 and The Logic reporting on the findings.

The Venture Financing Report 2023—the third annual—examined Canadian VC financings across 159 Canadian-headquartered startups. It found that Canadian venture capital was largely defined by corrective effects in the market following record levels of activity in the year prior. Consequently, the report found fewer financings and at lower valuations than in the previous two years. Despite the overall slowdown in VC deals, earlier stage financings saw a continuing increase, and as this year progresses, we will likely see exciting companies and investment opportunities emerge in fintech, clean energy, AI and SaaS.

You can read the full report here.

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