Edmonton Metropolitan Region Tech-Financing Update: 2021Last year around this time I wrote my first DYK blog about the Edmonton region. In it, I shared the research I had been doing into the funding raises that were taking place in the tech sector – and this year I’m back with an update.
In 2020, I was able to track data on deals that amounted to a total of $168 million raised. Since then, I’ve continued to track the raises happening in our region and updated data shows 2020 numbers are even higher than what I reported on last year.
I am happy to report that it looks like the momentum has continued in 2021, with a reported $179 million raised by companies headquartered in the Edmonton Metropolitan Region.
Similar to what we saw with the 2020 data, I expect over time new information from other years, including 2021, will become publicly available and I will continue to update the numbers with the best information I have available¹.
Figure 1.When we look at number of deals in the region, including mergers and acquisitions, the total number of deals identified in 2021 was a record 150.
Source: Edmonton Global based on various
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