Accelerating Industrial
Innovation
Evok Innovations was built to invest in and support exceptional entrepreneurs developing bold ideas and breakthrough technologies to transform foundational industries.
How it Started
Scaling Novel Technologies within Heavy Industry
Launched in 2016 with Suncor and Cenovus as founding partners, Evok was built on a mission to collaborate with industry to scale transformative energy technologies. With Fund II in 2022, we expanded this mandate to include critical minerals, bringing in strategic LPs such as Rio Tinto, Vale, and Mitsubishi.
Our Approach
We are Unique in Our Exclusive Focus on Heavy Industry
We invest in early- to mid-stage companies (typically Series A/B) in Canada and the USA that are developing game-changing hard-tech enabled solutions. Our focus areas include:
01
ENERGY
Examples from our portfolio include Ekona, Koloma, and Syzygy Plasmonics
02
CRITICAL MINERALS
Examples from our portfolio include Disa, MineSense, and Summit Nanotech.
03
INDUSTRIAL OPTIMIZATION
Examples from our portfolio include Sanctuary AI, Veerum, and ZwitterCo.
04
ADAPTATION & RESILIENCE
Examples from our portfolio include Ebb Carbon, Planetary, and Karbonetiq.
We prioritize proven technologies with clear cost advantages, market potential, and strong teams capable of navigating industrial markets.
The Evok Advantage
We Don't Just Pick Winners, We Help Make Them Winners
We offer more than capital. As entrepreneurs and company builders, we have operated and scaled industrial technology. As investors, we are able to draw on real-world operating experience to find signals in the noise.
Our Impact
Our mission is to empower the next generation of entrepreneurs to lead the charge in developing transformative technologies that redefine industries and drive meaningful change.
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In our 2024 Impact Report, we highlight the achievements of our portfolio companies in relation to their broader impact goals along with our own impact milestones.
