This month we celebrate our two-year anniversary since our launch on June 19th, 2018. Since then, CBGF has been busy building our team to 19 employees who have contributed to our 6 new partnerships this year, bringing our portfolio to a total of 14 growing Canadian companies including 1 follow on investment.
We have deployed $39.25 million in capital this year towards the Canadian economy amidst the COVID-19 pandemic, bringing us to $127.8 million of invested capital to date. The companies we’ve backed can be found across Canada, in British Columbia, Saskatchewan, Manitoba, Ontario, and Nova Scotia. Since our initial investments in each portfolio company, they have together created a total of 549 new jobs.
CBGF is proud to have been one of the most active growth capital investors during the COVID-19 pandemic. Despite the uncertainty in the market and the shock to our economy as a result, we are grateful to be able to continue to support the growth of these impressive Canadian companies, and our Canadian economy. Thank you to all of our stakeholders, partners, advisors and all of those who have shown support over the last two years.