At a Glance
Evok Innovations was established in 2016 as a cleantech venture capital fund backed by a consortium of leading Canadian energy companies including Suncor Energy, Cenovus Energy, and BC Hydro. The fund was created with the specific mission of identifying and investing in breakthrough technologies that can meaningfully reduce greenhouse gas emissions across various industries. Evok focuses on seed and Series A investments, typically writing checks between $1M to $5M. The firm has developed deep expertise in areas such as carbon capture and utilization, sustainable building materials, water treatment, and energy efficiency technologies. What sets Evok apart is their strategic backing by major energy companies, providing portfolio companies with access to large-scale industrial partners and pilot opportunities. This unique structure allows them to bridge the gap between innovative cleantech startups and established energy infrastructure, accelerating the commercialization of climate solutions.
“Investing in breakthrough cleantech companies that can significantly reduce greenhouse gas emissions while generating strong returns.”
Evok Innovations primarily invests at the Seed, Series A stages. This means they focus on companies that are building their initial product and finding product-market fit.
Evok Innovations is headquartered in Vancouver, Canada. Many of their portfolio companies are also based in this region, though they invest across geographies.
Evok Innovations focuses on investments in Climate, Deeptech. Their portfolio reflects deep expertise and networks within these sectors.
Evok Innovations manages approximately $100M in assets under management (AUM) across their funds.