Evok Innovations

Evok Innovations is a fund that offers a unique approach to innovation, combining the pace and creativity of a Silicon Valley startup with the experience and insight of industry insiders. We drive innovation by deeply understanding industrial challenges, leveraging a global network of entrepreneurs to find solutions, and providing the investment, mentorship, and market access to accelerate deployment for game changing results. Through a partnership with Cenovus, Suncor and the BC Cleantech CEO Alliance, we invest in a global portfolio of innovative companies to address the most pressing economic and environmental challenges of the oil and gas industry.

Michael Biddle

Partner

Naynika Chaubey

Partner

Val Chiykowski

Associate

Jane Kearns

Partner

Darren Love

Associate

Martin Reed

Co-Founder & Partner

49 past transactions

DarkVision Technologies

Series A in 2016
DarkVision Technologies Inc. develops and commercializes ultrasound-based imaging technology that delivers 3D models of oil and gas wells. It offers an imaging technology for detecting and identifying downhole problems across various applications, including production tubing defects, casing corrosion/erosion, sand screen damage and plugging, perforations and sliding sleeves, connection cracks and failures, sand and scale, and obstructions and fishing. The company serves oil and gas operators. DarkVision Technologies Inc. was founded in 2013 and is based in North Vancouver, Canada. As of May 19, 2020, DarkVision Technologies Inc. operates as a subsidiary of Koch Engineered Solutions.

Osperity Inc.

Series B in 2018
Osprey Informatics provides intelligent visual monitoring for industrial operations and transforms images and video into actionable enterprise intelligence. The company’s cloud-based platform, Osprey Reach, detects important operational events, analyzes related images and video along with data from other sensors and systems, and delivers visual reports and alerts to stakeholders across the enterprise. Industrial companies rely on Osprey Reach for enhanced operational efficiency, security, and safety and to remotely inspect facilities and equipment, monitor site activity, optimize labor productivity, and manage more assets without more people. Osprey Informatics was founded on 2012 and is headquartered in Calgary, Alberta, Canada.

Rotoliptic

Series A in 2020
Rotoliptic Technologies Inc. develops displacement pumps. The company offers electric submersible and truck transfer pumps that focus on pumping crude oil in mindstream oil and gas applications, and bitumen in the Canadian oil sands. Rotoliptic Technologies Inc. is headquartered in Canada.

Expeto

Series A in 2020
Expeto enable enterprises to fully control cellular data - inclusive of LTE data. This is achieved by controlling and managing the LTE core network. Typically found only in large Telco data centres, Expeto has developed a PaaS platform where enterprises can now control these elements through known IT methodologies. Create and destroy entire LTE core networks in a matter of seconds. Truly distributed networking.

Twelve

Seed Round in 2019
Opus 12 captures carbon emissions where pollution is generated and turns the CO2 into chemicals like methane, ethylene, and ethanol. Their technology bolts onto any source of CO₂ emissions, and with only water and electricity as inputs, transforms that CO₂ into some of the world's most critical chemical products. The company plans to recycle CO2 emissions into liquid fuels and chemical precursors cost-competitively with petroleum-sourced products. It also develops a profitable solution to carbon emissions by recycling CO₂ into cost-competitive chemicals and fuels. It is based in Berkeley, California.

Syzygy Plasmonics

Series B in 2021
Syzygy Plasmonics is a developer of a photocatalytic reactor designed for fuel cell vehicles and small-scale industrial applications.The company's reactor is powered by light and operates at over 1,000°F lower temperature than conventional chemical reactor technology that helps in reducing maintenance costs and is able to start or stop production near instantaneously, enabling fuel cell vehicle companies to produce ultra-low-cost hydrogen gas on-site at customer locations.

Metabolik Technologies

Seed Round in 2019
Metabolik Technologies, Inc. develops a bioremediation platform that enables microbes to reduce the concentration of naphthenic acids and other contaminants found in oil sands tailings ponds. The company was incorporated in 2016 and is headquartered in Canada.

Sanctuary AI

Series A in 2022
Sanctuary AI is an artificial general intelligence company founded in January 2018, and is based in Vancouver, B.C. Sanctuary's mission is to build synthetic humans – “synths” – that are indistinguishable from us physically, cognitively and emotionally. The company is structured to explore both cutting edge technology and the ethical issues that arise from creating human-like machines.

Syzygy Plasmonics

Seed Round in 2018
Syzygy Plasmonics is a developer of a photocatalytic reactor designed for fuel cell vehicles and small-scale industrial applications.The company's reactor is powered by light and operates at over 1,000°F lower temperature than conventional chemical reactor technology that helps in reducing maintenance costs and is able to start or stop production near instantaneously, enabling fuel cell vehicle companies to produce ultra-low-cost hydrogen gas on-site at customer locations.

Quidnet Energy

Series A in 2018
Quidnet Energy is a technology-driven energy company that powers the carbon-free electric grid. Its technology is a form of hydroelectric energy storage using time-tested well-drilling and construction technologies to pump water under pressure into subsurface geological reservoirs to store energy. When variable renewable energy is not available, this water is released to drive hydroelectric turbines to power the electric grid. The company was founded in 2013 and is based in Houston with offices in San Francisco and Saratoga Springs, New York.

Twelve

Seed Round in 2016
Opus 12 captures carbon emissions where pollution is generated and turns the CO2 into chemicals like methane, ethylene, and ethanol. Their technology bolts onto any source of CO₂ emissions, and with only water and electricity as inputs, transforms that CO₂ into some of the world's most critical chemical products. The company plans to recycle CO2 emissions into liquid fuels and chemical precursors cost-competitively with petroleum-sourced products. It also develops a profitable solution to carbon emissions by recycling CO₂ into cost-competitive chemicals and fuels. It is based in Berkeley, California.

Metabolik Technologies

Seed Round in 2016
Metabolik Technologies, Inc. develops a bioremediation platform that enables microbes to reduce the concentration of naphthenic acids and other contaminants found in oil sands tailings ponds. The company was incorporated in 2016 and is headquartered in Canada.

Expeto

Private Placement in 2018
Expeto enable enterprises to fully control cellular data - inclusive of LTE data. This is achieved by controlling and managing the LTE core network. Typically found only in large Telco data centres, Expeto has developed a PaaS platform where enterprises can now control these elements through known IT methodologies. Create and destroy entire LTE core networks in a matter of seconds. Truly distributed networking.

Mosaic Materials

Venture Round in 2016
Mosaic Materials, Inc. develops metal-organic frameworks (MOFs) materials for low-energy gas separations. Its MOFs are a class of crystalline solids that separate CO2 from various gas mixtures ranging from raw natural gas to recirculated breathing air. The company was founded in 2014 and is based in San Diego, California.

Twelve

Seed Round in 2016
Opus 12 captures carbon emissions where pollution is generated and turns the CO2 into chemicals like methane, ethylene, and ethanol. Their technology bolts onto any source of CO₂ emissions, and with only water and electricity as inputs, transforms that CO₂ into some of the world's most critical chemical products. The company plans to recycle CO2 emissions into liquid fuels and chemical precursors cost-competitively with petroleum-sourced products. It also develops a profitable solution to carbon emissions by recycling CO₂ into cost-competitive chemicals and fuels. It is based in Berkeley, California.

Osperity

Private Placement in 2018
Osperity Inc. develops and offers enterprise visual monitoring solution for management of field operations, assets, and facilities. The company offers platform technologies, such as enterprise cloud architecture, sensor and system integration, computer vision and data analysis engine, live local streaming, hardware health monitoring and management, and broad camera support. It also provides solutions, which include intelligent vision monitoring and alerting for mining and construction, remote visual inspections, terminal monitoring and alerting, field operations, facility management, and activity monitoring and security. It serves mining, construction, security, oil and gas, and other industrial sectors. Osperity Inc. was formerly known as Osprey Informatics Ltd. The company was founded in 2011 and is based in Calgary, Canada.

Disa

Series A in 2023
Disa is an innovative materials liberation company providing solutions that optimize the world’s use of resources and radically disrupt best practices in the mining and reclamation industries. Disa utilizes patented liberation technology and other equipment to isolate targeted materials in order to deliver efficiencies, reduce costs, and mitigate environmental impacts to its users. Disa platforms isolate a vast array of geologic material ranging from precious and industrial metals, to hydrocarbons and abandoned uranium mine material.

VEERUM

Series B in 2023
Veerum Inc., an Industrial Internet of Things (IIoT) company, develops an artificial intelligence based platform that predicts and resolves project issues. The company enables users to optimize a project throughout the entire lifecycle of design, fabrication, and construction. It creates a digital replica of the physical reality of capital projects using sensor technology. The company was founded in 2014 and is based in Calgary, Canada.

Syzygy Plasmonics

Series C in 2022
Syzygy Plasmonics is a developer of a photocatalytic reactor designed for fuel cell vehicles and small-scale industrial applications.The company's reactor is powered by light and operates at over 1,000°F lower temperature than conventional chemical reactor technology that helps in reducing maintenance costs and is able to start or stop production near instantaneously, enabling fuel cell vehicle companies to produce ultra-low-cost hydrogen gas on-site at customer locations.

Allonnia

Series A in 2021
Allonnia LLC offers waste remediation services. The company engages in the development of enzymes, proteins, and microbes that degrade or metabolize contaminants and enables them to recover and upcycle valuable materials from waste and existing biological treatment processes. Allonnia LLC was incorporated in 2019 and is based in Boston, Massachusetts.

Sanctuary AI

Seed Round in 2020
Sanctuary AI is an artificial general intelligence company founded in January 2018, and is based in Vancouver, B.C. Sanctuary's mission is to build synthetic humans – “synths” – that are indistinguishable from us physically, cognitively and emotionally. The company is structured to explore both cutting edge technology and the ethical issues that arise from creating human-like machines.

SensorUp

Series A in 2020
SensorUp Inc. develops and operates an Internet of thing (IoT) platform. It provides sensor data, analytics, and mapping feedback API (Application programming Interface) solutions for applications. The company provides an open and unified way to interconnect IoT devices, data, and applications over the Web. It Sensorup IoT Software Platform allows Internet-connected devices to integrate with the SensorUp Cloud and acts as the bridge for devices to interact with each other and with third party web applications. The company’s Smart Cities Starter Kit product offers solution for air quality monitoring. SensorUp Inc. was founded in 2011 and is based in Calgary, Canada.

Twelve

Series A in 2021
Opus 12 captures carbon emissions where pollution is generated and turns the CO2 into chemicals like methane, ethylene, and ethanol. Their technology bolts onto any source of CO₂ emissions, and with only water and electricity as inputs, transforms that CO₂ into some of the world's most critical chemical products. The company plans to recycle CO2 emissions into liquid fuels and chemical precursors cost-competitively with petroleum-sourced products. It also develops a profitable solution to carbon emissions by recycling CO₂ into cost-competitive chemicals and fuels. It is based in Berkeley, California.

Expeto

Series A in 2021
Expeto enable enterprises to fully control cellular data - inclusive of LTE data. This is achieved by controlling and managing the LTE core network. Typically found only in large Telco data centres, Expeto has developed a PaaS platform where enterprises can now control these elements through known IT methodologies. Create and destroy entire LTE core networks in a matter of seconds. Truly distributed networking.

Syzygy Plasmonics

Series A in 2019
Syzygy Plasmonics is a developer of a photocatalytic reactor designed for fuel cell vehicles and small-scale industrial applications.The company's reactor is powered by light and operates at over 1,000°F lower temperature than conventional chemical reactor technology that helps in reducing maintenance costs and is able to start or stop production near instantaneously, enabling fuel cell vehicle companies to produce ultra-low-cost hydrogen gas on-site at customer locations.

Osperity Inc.

Seed Round in 2019
Osprey Informatics provides intelligent visual monitoring for industrial operations and transforms images and video into actionable enterprise intelligence. The company’s cloud-based platform, Osprey Reach, detects important operational events, analyzes related images and video along with data from other sensors and systems, and delivers visual reports and alerts to stakeholders across the enterprise. Industrial companies rely on Osprey Reach for enhanced operational efficiency, security, and safety and to remotely inspect facilities and equipment, monitor site activity, optimize labor productivity, and manage more assets without more people. Osprey Informatics was founded on 2012 and is headquartered in Calgary, Alberta, Canada.

Ekona Power

Seed Round in 2017
Ekona Power Inc. creates a solution for producing industrial scale hydrogen. It serves industrial H2 consumers, and natural gas transmission and distribution companies. The company is based in Vancouver, Canada.

VEERUM

Series A in 2021
Veerum Inc., an Industrial Internet of Things (IIoT) company, develops an artificial intelligence based platform that predicts and resolves project issues. The company enables users to optimize a project throughout the entire lifecycle of design, fabrication, and construction. It creates a digital replica of the physical reality of capital projects using sensor technology. The company was founded in 2014 and is based in Calgary, Canada.

Expeto

Series A in 2018
Expeto enable enterprises to fully control cellular data - inclusive of LTE data. This is achieved by controlling and managing the LTE core network. Typically found only in large Telco data centres, Expeto has developed a PaaS platform where enterprises can now control these elements through known IT methodologies. Create and destroy entire LTE core networks in a matter of seconds. Truly distributed networking.

Kelvin

Seed Round in 2018
Kelvin Inc. designs and develops Kelvin Oil App, a software that automates optimization and operation of physical systems using artificial intelligence. It serves oil field markets. The company was incorporated in 2013 and is based in San Francisco, California.

Syzygy Plasmonics

Private Placement in 2019
Syzygy Plasmonics is a developer of a photocatalytic reactor designed for fuel cell vehicles and small-scale industrial applications.The company's reactor is powered by light and operates at over 1,000°F lower temperature than conventional chemical reactor technology that helps in reducing maintenance costs and is able to start or stop production near instantaneously, enabling fuel cell vehicle companies to produce ultra-low-cost hydrogen gas on-site at customer locations.

Kelvin

Series A in 2016
Kelvin Inc. designs and develops Kelvin Oil App, a software that automates optimization and operation of physical systems using artificial intelligence. It serves oil field markets. The company was incorporated in 2013 and is based in San Francisco, California.

Osperity Inc.

Series B in 2018
Osprey Informatics provides intelligent visual monitoring for industrial operations and transforms images and video into actionable enterprise intelligence. The company’s cloud-based platform, Osprey Reach, detects important operational events, analyzes related images and video along with data from other sensors and systems, and delivers visual reports and alerts to stakeholders across the enterprise. Industrial companies rely on Osprey Reach for enhanced operational efficiency, security, and safety and to remotely inspect facilities and equipment, monitor site activity, optimize labor productivity, and manage more assets without more people. Osprey Informatics was founded on 2012 and is headquartered in Calgary, Alberta, Canada.

Quidnet Energy

Series B in 2020
Quidnet Energy is a technology-driven energy company that powers the carbon-free electric grid. Its technology is a form of hydroelectric energy storage using time-tested well-drilling and construction technologies to pump water under pressure into subsurface geological reservoirs to store energy. When variable renewable energy is not available, this water is released to drive hydroelectric turbines to power the electric grid. The company was founded in 2013 and is based in Houston with offices in San Francisco and Saratoga Springs, New York.

Harbo Technologies

Series A in 2017
HARBO Technologies offers the fastest and most effective oil spill first response system in the world. Instead of relying on massive, bulky equipment and a large team of skilled professionals, HARBO’s T-FENCE system can be ready for immediate deployment by as few as two people at the spill source – whether on a vessel, at a port or an oil terminal. As the world’s lightest effective solution, it immediately blocks the spreading of oil spills and can be used even in the most remote locations as it requires minimal logistics.

SensorUp

Private Placement in 2020
SensorUp Inc. develops and operates an Internet of thing (IoT) platform. It provides sensor data, analytics, and mapping feedback API (Application programming Interface) solutions for applications. The company provides an open and unified way to interconnect IoT devices, data, and applications over the Web. It Sensorup IoT Software Platform allows Internet-connected devices to integrate with the SensorUp Cloud and acts as the bridge for devices to interact with each other and with third party web applications. The company’s Smart Cities Starter Kit product offers solution for air quality monitoring. SensorUp Inc. was founded in 2011 and is based in Calgary, Canada.

Quidnet Energy

Private Placement in 2020
Quidnet Energy is a technology-driven energy company that powers the carbon-free electric grid. Its technology is a form of hydroelectric energy storage using time-tested well-drilling and construction technologies to pump water under pressure into subsurface geological reservoirs to store energy. When variable renewable energy is not available, this water is released to drive hydroelectric turbines to power the electric grid. The company was founded in 2013 and is based in Houston with offices in San Francisco and Saratoga Springs, New York.

VEERUM

Seed Round in 2019
Veerum Inc., an Industrial Internet of Things (IIoT) company, develops an artificial intelligence based platform that predicts and resolves project issues. The company enables users to optimize a project throughout the entire lifecycle of design, fabrication, and construction. It creates a digital replica of the physical reality of capital projects using sensor technology. The company was founded in 2014 and is based in Calgary, Canada.

ARIX Technologies

Series A in 2023
ARIX Technologies is a robotics and data analytics start-up that manufactures pipe crawling robots for oil and gas pipe inspection. The company's technology integrates robots with advanced data analytics to reinvent the way corrosion is detected and analyzed in manufacturing plants and provide improvements in safety and sustainability, enabling manufacturing companies to save billions of dollars in the cost of manufacturing. It was founded in 2017 and is based in Jackson, Louisiana, USA.

SensorUp

Series B in 2023
SensorUp Inc. develops and operates an Internet of thing (IoT) platform. It provides sensor data, analytics, and mapping feedback API (Application programming Interface) solutions for applications. The company provides an open and unified way to interconnect IoT devices, data, and applications over the Web. It Sensorup IoT Software Platform allows Internet-connected devices to integrate with the SensorUp Cloud and acts as the bridge for devices to interact with each other and with third party web applications. The company’s Smart Cities Starter Kit product offers solution for air quality monitoring. SensorUp Inc. was founded in 2011 and is based in Calgary, Canada.

Ebb Carbon

Series A in 2023
Ebb Carbon works on a reverse electrochemical ocean deacidification process that captures CO2 from the atmosphere. It delivers a new method of carbon removal that uses electrochemistry to enhance the ocean’s natural ability to safely store CO2 while reducing ocean acidity. Its approach has the potential to be one of the safest, most scalable, and most affordable ways to remove excess CO2 from the atmosphere.

Expeto

Series B in 2022
Expeto enable enterprises to fully control cellular data - inclusive of LTE data. This is achieved by controlling and managing the LTE core network. Typically found only in large Telco data centres, Expeto has developed a PaaS platform where enterprises can now control these elements through known IT methodologies. Create and destroy entire LTE core networks in a matter of seconds. Truly distributed networking.

Summit Nanotech

Series A in 2023
Summit Nanotech is a B2B company that specializes in nanotechnology to upscale and manufacture modular commercial systems. Its goal is to scale up new concepts in nanotechnology to create commercially viable solutions, setting the trend for the industry to follow. Its technology innovation has already been recognized by the energy development industry. It was founded in 2018 and headquartered in Calgary, Alberta.

MineSense Technologies

Series E in 2022
MineSense Technologies is a developer of a data analytics platform intended to monitor and improve the productivity and recovery of mines. The company's platform provides businesses with real-time, sensor-based sorting of low-grade ore to a level of sensitivity and to identify differences in mineralogy, enabling the mining industry to sort ores easily and enhance mineral planning. MineSense Technologies was founded in 2008 and is headquartered in Vancouver, Canada.

e-Zinc

Series A in 2024
e-Zn Inc., trading as e-Zinc, is an energy storage technology company that develops electrochemical technology for storing energy in zinc metals. Its Zn reactor products have applications in residential houses, islands, remote communities, third world countries, military bases, mining sites, mobile communities, telecommunication sites, emergency responses, and electric vehicle charging stations. The company was founded in 2012 and is based in Toronto, Canada.

ZwitterCo

Series B in 2024
ZwitterCo provides revolutionary membrane solutions for the treatment of highly-impaired wastewater.

Rotoliptic

Funding Round in 2016
Rotoliptic Technologies Inc. develops displacement pumps. The company offers electric submersible and truck transfer pumps that focus on pumping crude oil in mindstream oil and gas applications, and bitumen in the Canadian oil sands. Rotoliptic Technologies Inc. is headquartered in Canada.

Rotoliptic

Series A in 2019
Rotoliptic Technologies Inc. develops displacement pumps. The company offers electric submersible and truck transfer pumps that focus on pumping crude oil in mindstream oil and gas applications, and bitumen in the Canadian oil sands. Rotoliptic Technologies Inc. is headquartered in Canada.

ARIX Technologies

Series A in 2020
ARIX Technologies is a robotics and data analytics start-up that manufactures pipe crawling robots for oil and gas pipe inspection. The company's technology integrates robots with advanced data analytics to reinvent the way corrosion is detected and analyzed in manufacturing plants and provide improvements in safety and sustainability, enabling manufacturing companies to save billions of dollars in the cost of manufacturing. It was founded in 2017 and is based in Jackson, Louisiana, USA.