State of the Capital Markets

The tech ecosystem is adjusting to a structural shift in how companies are valued and funded. The era of growth at all costs has been replaced by a strict focus on capital efficiency, sustainable unit economics, and proven paths to liquidity. In this panel, leading investors, private equity firms and M&A advisors break down the current state of Canadian tech M&A, venture debt, and equity financing. They will strip away the headlines to reveal where capital is actually flowing, what today’s investors and acquirers are willing to pay a premium for right now, and how founders should position their balance sheets to maximize optionality going into 2027.

Session Focus:

• Where 2026 valuations have landed
• What today’s investors and acquirers reward now
• Alternative liquidity paths: debt and secondaries
• Positioning your balance sheet for 2027