After a strong first quarter, $804 million invested in 115 rounds of financing, the second strongest Q1 on record since 2001, the numbers have only gotten better according to final data released by Thomson Reuters.

In the first half of 2017, $2.1 billion was invested in 237 financings, the most active first half since 2001 and the third consecutive quarter in which disbursements exceeded $1 billion.

It is also worth noting that the number of deals was inversely related, instead falling by 27% from the prior year. The second quarter of 2017 marked the fewest deals completed in any quarter since Q3 2012.

The average Canadian VC round size increased to $8.9 million in the first half. Investment by Canadian funds in non-Canadian companies also continued at a strong pace in the first quarter, with $487 million invested in 39 foreign companies in the first half. With $367 million invested in the second quarter alone, this demonstrated the most active quarter for Canadian funds investing abroad since Q2 2001.

While investment in Québec and Ontario increased slightly in the first half, up 6.5% and 2.6% respectively from the first half of 2016, the province of British Columbia more than doubled it’s investment levels from the year prior, with $614 million invested in the first half. Québec, Ontario, and British Columbia respectively placed 7th, 8th, and 11th in the North American rankings. Québec and Ontario were separated in the rankings by barely $1 million dollars, and both fell less than $3 million short of the 6th place position, held by the state of Illinois.

Montreal placed 11th among North American cities with $536 million in investment in the first half, while Toronto placed 12th with $524 million.

You can see the findings in full here.