Canadian VC Funding Challenges: Limited Local Partners

Canadian venture capitalists face funding constraints as local limited partners (LPs) lack capacity, prompting increased investment from foreign LPs while US VCs maintain investment levels. Inovia Capital secures backing from major LPs like BlackRock and Hollyport Capital, underscoring the importance of diverse funding sources. The article emphasizes the necessity for more seed investors to bolster early-stage companies and the crucial role of LPs like Teachers Venture Growth in the Canadian VC landscape.