Our Purpose
NorthTech Capital Investors specializes in providing early stage funding for Canadian technology start-up companies. Our objective is to help bridge the funding gap and foster (and accelerate) innovation in Canada.
NorthTech Capital Investors provides funding to innovative companies and entrepreneurs who are working to create and develop industry-leading products, services, and intellectual property (IP) for large, addressable markets. Our industry knowledge and expertise, along with our financial resources, help drive and accelerate growth of companies operating out of the Waterloo-Toronto technology corridor. NorthTech invests in diverse industries, including (but not limited to) medtech, biotech, and information and communications technology (ICT).
Technology Start-up Funding Landscape
- Venture Capital (VC) investments increased in 2017, especially for early stage Canadian companies in the tech space. Specifically, VC funding saw 11% growth in 2017 (592 deals with $3.5B invested) when compared to 2016 (534 deals with $3.2B), and Information & Communications Technology (ICT) companies received a majority of this funding (71% or 375 deals with $2.5B invested)1.
- The Waterloo-Toronto high tech corridor has the highest startup output in Canada1.
- AI investment in Canada is growing with an annual total of 16 deals made2 and Canada accounting for 2.7% of the global deal share in 20163; investment surged to a record breaking $162M across 12 deals in the first half of 2017 alone.
- Canada has the 12th highest rate of patents granted in the world and Canadian industry patents are cited in other patents about 20% more than the world average.
1Source: CVCA Venture Capital & Private Equity Canadian Market Overview, 2017
2Source: PWC: MoneyTree Canada Report (Q2), 2017
3Source: Royal Bank: Canada’s AI Challenge, 2017