It has been a great year for Canadian companies as venture capital investment hit an all-time high, according to the recent by MoneyTree Canada Report. The report, compiled by PwC and CB Insights, noted that although deal activity had declined in Canada, the total funding to Canadian companies increased by 7% while the average amount increased by 31%.
The 2017 Global Entrepreneurship Summit (GES)’s theme “Women First, Prosperity for All” was not isolated, as all year, organizations worked on strategically constructing a better startup ecosystem for women entrepreneurs. In the early weeks of the new year, it seems like a good time to take a look at the progress made in 2017 to ensure inclusive innovation stays on the right track for 2018.
HealthTech, MedTech, FinTech, and other verticalized subgroups of startups have been carving out their own niche ecosystems in Silicon Valley and the UK for several years, but FinTech has only just begun to establish a strong identity in LATAM
The current CEO and President of Brave Software and former CEO of Mozilla, Brendan Eich, was able to raise $35million in 30 seconds from his ICO for Brave, because of his incredible network of investors. As most innovators know, the networking effect is critical for startups to get the financing, mentoring, and visibility they need to succeed.