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Canada’s seed market set a record in Q2. Why is the US starting to retract?

The earliest stages of venture investing are the most insulated from macroeconomic conditions. When the public market dislocation started causing a broad venture funding pullback, it appeared seed investing would be safe for a while. Data indicates that that is bearing out as expected. But checking in halfway through the year, some markets are faring better than others.
Canada, for one, is having a great year. The second quarter saw the most capital invested into Canadian seed-stage companies yet. New data from the Canadian Venture Capital and Private Equity Association found that CAD$263 mill

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