Venture investment in small Canadian firms rises
Tuesday, November 13th, 2007VANCOUVER, British Columbia, Nov 13 (Reuters) – Investment in Canada’s venture capital sector rose in the third quarter as U.S. investors sank more money into start-up Internet-focused companies, an industry body said on Tuesday.
Investors pumped C$512 million ($528 million) into new, small businesses across Canada in the three months to the end of September, a 47 percent increase on the same period a year earlier, Canada’s Venture Capital & Private Equity Association said.
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