Canada’s venture capital (VC) market saw a record $1.28 billion invested in 143 financings in the second quarter of 2019, surpassing the prior record set in Q4 2018 , according to a report by the Canadian Venture Capital and Private Equity Association (CVCA). VC investment stood at a record $2.15 billion at the end of June, exceeding the previous high-water mark of $1.67 billion in the first half of 2018. Information and communication technology companies took 54 percent of VC invested in the first half, followed by life sciences companies, which captured 27 percent. Early-stage activity led late-stage activity in this period, accounting for 45 percent of the total invested.
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