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Canada: Five largest Private Equity/Venture Financing deals by value in the Technology, Media and Telecom sector driven by Blockchain (LTM June 2022)

  • A total of 33 Private Equity/Venture Financing deals (pending and completed) were announced in the Technology, Media and Telecom of Canada, driven by Blockchain, in the last twelve months resulting in a total deal value of over $1,417.0 million. In the LTM period, June 2021 turned out to be the most prolific in terms of deal size, with a total deal value of $394.0 million, resulting in an average deal value of $394.0 million during that month. On the other hand, the month of April 2022 was the most prolific in terms of deal volume, recording a total of 5 deals, resulting in an average deal value of $4.0 million during that month.

  • Of the 33 deals, the deal secured between American Express Ventures; Blumberg Capital LLC; Citi Ventures Inc; Mouro Capital LP; TCMI Inc and Trulioo Information Services Inc, was the largest Private Equity/Venture Financing deal in the Canada Technology, Media and Telecom sector driven by Blockchain, which was valued at $394.0 million and was completed on June 7, 2021. The second-largest deal was between Andreessen Horowitz LLC; Bond (US); Coatue Management LLC; GIC Pte Ltd; GV Management Co LLC; Version One Ventures and Dapper Labs Inc., while the third-largest deal was between Baillie Gifford & Co; iFinex and Blockstream Inc. The Andreessen Horowitz LLC; Bond (US); Coatue Management LLC; GIC Pte Ltd; GV Management Co LLC; Version One Ventures-Dapper Labs Inc. deal and the Baillie Gifford & Co; iFinex-Blockstream Inc deal were valued at $250.0 million and $210.0 million, respectively. The fourth-largest deal was between Andreessen Horowitz LLC; Coinbase Ventures; FTX Ventures; PayPal Ventures; Sequoia Capital Operations LLC; Tiger Global Management LLC; Uniswap Labs-LayerZero valued at $135.0 million, whereas the deal between Avon Ventures; B Capital Group; Binance Labs; Bitstamp Ltd.; CMS Holdings LLC; Counterpoint Global; DTCP USA LLC; Fidelity Investments Inc; Franklin Templeton Investments Corp; Mirae Asset Ventures; ParaFi Capital LLC; StarkWare Industries Ltd; Thoma Bravo LP; Two Sigma Ventures LP-Figment Networks Inc valued at $110.0 million was the fifth-largest deal.

  • Cumulatively, the top five deals amounted to $1,099.0 million and accounted for nearly 77.56% of the total deals (by value) announced during the last twelve months.

Canada: Five largest Private Equity/Venture Financing deals by value in the Technology, Media and Telecom sector driven by Blockchain (LTM June 2022)

Published: June 2022
Source: GlobalData

Explore the latest trends and actionable insights on the Blockchain market to inform business strategy and pinpoint opportunities and risks Explore the latest trends and actionable insights on the Blockchain market to inform business strategy and pinpoint opportunities and risks Visit Report Store
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