Annapolis Capital

Annapolis Capital is a Calgary-based private equity and venture capital firm focused on the energy sector in Canada, with emphasis on upstream oil and gas exploration and production. Founded in 2006, it targets startups and early-stage ventures as well as growth capital and private placements within Canada, including renewable energy opportunities. The firm typically invests across a range of sizes, from approximately CAD 1 million up to CAD 60 million, and seeks board representation on larger investments. Exit horizons are generally three to seven years. Annapolis Capital also pursues investments in infrastructure and renewable energy projects, and maintains an approach that combines venture capital and growth financing to support private exploration and production enterprises across Canadian basins such as the Western Canadian Sedimentary Basin and the Williston Basin.