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%.
Espacio Incubator, Sand Hill’s very own media incubator, announced today their strategic acquisition of Novobrief.com, a popular online publication, in English, covering startup news in Spain’s growing entrepreneurial ecosystem.