Evok Innovations

Evok Innovations is a cleantech fund based in Vancouver, Canada, established in 2015, that focuses on accelerating the development of technologies essential for energy transition. The fund targets early-stage investments in sectors such as cleantech, decarbonization technologies, carbon management, clean fuels, electrification, and critical minerals. By combining the innovative spirit of a startup with the expertise of industry veterans, Evok seeks to address significant economic and environmental challenges within the oil and gas industry. Through partnerships with organizations such as Cenovus, Suncor, and the BC Cleantech CEO Alliance, Evok leverages a global network of entrepreneurs to provide investment, mentorship, and market access to promising companies, facilitating the deployment of groundbreaking solutions.

Robert Allen

Senior Vice President

Mike Biddle

Partner

Naynika Chaubey

Partner

Naynika Chaubey

Partner

Val Chiykowski

Associate

Jana Hanova

Director

Jane Kearns

Partner

Darren Love

Associate

Erin Madro

Principal

Mike Biddle Ph.D

Partner

Past deals in Oil and Gas

Twelve

Series A in 2021
Twelve, formerly known as Opus 12, is a Berkeley, California-based company that specializes in recycling carbon dioxide emissions into valuable chemicals and fuels. Founded in 2015, the company has developed innovative technology that can be integrated with any source of CO₂ emissions. By utilizing only water and electricity as inputs, Twelve transforms captured carbon dioxide into essential products such as methane, ethylene, and ethanol. The firm aims to provide a cost-competitive alternative to petroleum-derived chemicals and fuels, thereby addressing carbon emissions while simultaneously creating economically viable solutions.

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.

ARIX Technologies

Series A in 2020
ARIX Technologies, Inc. is a robotics and data analytics company that specializes in developing crawling robots for pipeline inspection in the oil and gas sector. Founded in 2017 and headquartered in Jackson, Louisiana, with an engineering office in Houston, Texas, the company’s technology combines robotics with advanced data analytics to enhance the detection and analysis of corrosion in pipeline assets. This innovative approach not only improves safety and sustainability for petrochemical facilities but also offers significant cost savings in manufacturing operations. Through its solutions, ARIX Technologies aims to transform pipeline monitoring practices, enabling companies to better manage their infrastructure.

Quidnet Energy

Series B in 2020
Quidnet Energy Inc. is a Houston-based company that specializes in developing grid-scale energy storage systems. Founded in 2013, the company utilizes a unique hydroelectric energy storage technology that involves pumping water under pressure into subsurface geological reservoirs. This stored water can then be released to drive turbines and generate electricity when renewable energy sources are unavailable. By leveraging established well-drilling and construction techniques, Quidnet Energy aims to enhance the reliability of the carbon-free electric grid. In addition to its headquarters in Houston, the company has offices in San Francisco and Saratoga Springs, New York.

Osperity

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.

Twelve

Seed Round in 2019
Twelve, formerly known as Opus 12, is a Berkeley, California-based company that specializes in recycling carbon dioxide emissions into valuable chemicals and fuels. Founded in 2015, the company has developed innovative technology that can be integrated with any source of CO₂ emissions. By utilizing only water and electricity as inputs, Twelve transforms captured carbon dioxide into essential products such as methane, ethylene, and ethanol. The firm aims to provide a cost-competitive alternative to petroleum-derived chemicals and fuels, thereby addressing carbon emissions while simultaneously creating economically viable solutions.

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.

Metabolik

Seed Round in 2019
Metabolik Technologies, Inc. is a Canadian company established in 2016 that specializes in bioremediation solutions for environmental challenges associated with oil sands tailings ponds. The company has developed a platform aimed at reducing the concentration of naphthenic acids and other harmful contaminants present in these tailings. This platform utilizes a passive organic treatment process that requires minimal infrastructure and energy, allowing for cost-effective operations. Metabolik's technology provides an innovative approach for clients to manage and mitigate the environmental impacts of oil sands extraction, addressing significant ecological concerns.

Osperity

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.

Osperity

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 A in 2018
Quidnet Energy Inc. is a Houston-based company that specializes in developing grid-scale energy storage systems. Founded in 2013, the company utilizes a unique hydroelectric energy storage technology that involves pumping water under pressure into subsurface geological reservoirs. This stored water can then be released to drive turbines and generate electricity when renewable energy sources are unavailable. By leveraging established well-drilling and construction techniques, Quidnet Energy aims to enhance the reliability of the carbon-free electric grid. In addition to its headquarters in Houston, the company has offices in San Francisco and Saratoga Springs, New York.

Kelvin

Seed Round in 2018
Kelvin Inc. is a technology company based in San Francisco, California, established in 2013. It specializes in the design and development of the Kelvin Oil App, a software solution that leverages artificial intelligence to automate the optimization and operation of physical systems, specifically catering to the oil field markets. By utilizing advanced A.I. techniques, Kelvin aims to simplify the management of complex systems, enhancing operational efficiency and effectiveness for its clients in the industry.

Harbo Technologies

Series A in 2017
HARBO Technologies Ltd. specializes in providing innovative solutions to prevent and mitigate the effects of oil spills. The company has developed the T-Fence system, a compact, lightweight booming solution that can be rapidly deployed by as few as two personnel at the spill source, whether on a vessel, at a port, or at an oil terminal. This system is designed for immediate use, effectively blocking the spread of oil spills in various environments, including remote locations with minimal logistical requirements. Founded in 2012 and based in Tel Aviv, Israel, HARBO Technologies caters to a diverse range of clients, including large ships, oil rigs, coast guard units, and coastal infrastructure facilities, aiming to reduce the negative impacts of marine oil spills while enhancing response efficiency.

Kelvin

Series A in 2016
Kelvin Inc. is a technology company based in San Francisco, California, established in 2013. It specializes in the design and development of the Kelvin Oil App, a software solution that leverages artificial intelligence to automate the optimization and operation of physical systems, specifically catering to the oil field markets. By utilizing advanced A.I. techniques, Kelvin aims to simplify the management of complex systems, enhancing operational efficiency and effectiveness for its clients in the industry.

Twelve

Seed Round in 2016
Twelve, formerly known as Opus 12, is a Berkeley, California-based company that specializes in recycling carbon dioxide emissions into valuable chemicals and fuels. Founded in 2015, the company has developed innovative technology that can be integrated with any source of CO₂ emissions. By utilizing only water and electricity as inputs, Twelve transforms captured carbon dioxide into essential products such as methane, ethylene, and ethanol. The firm aims to provide a cost-competitive alternative to petroleum-derived chemicals and fuels, thereby addressing carbon emissions while simultaneously creating economically viable solutions.

Twelve

Seed Round in 2016
Twelve, formerly known as Opus 12, is a Berkeley, California-based company that specializes in recycling carbon dioxide emissions into valuable chemicals and fuels. Founded in 2015, the company has developed innovative technology that can be integrated with any source of CO₂ emissions. By utilizing only water and electricity as inputs, Twelve transforms captured carbon dioxide into essential products such as methane, ethylene, and ethanol. The firm aims to provide a cost-competitive alternative to petroleum-derived chemicals and fuels, thereby addressing carbon emissions while simultaneously creating economically viable solutions.

Mosaic Materials

Venture Round in 2016
Mosaic Materials, Inc. is a San Diego-based company founded in 2014 that specializes in developing metal-organic frameworks (MOFs) for low-energy gas separations. These crystalline materials are designed to efficiently separate carbon dioxide from various gas mixtures, including raw natural gas and recirculated breathing air. Through a cooperative binding process, Mosaic's MOFs require significantly less energy for gas separation, making them a promising solution for reducing the environmental impact of fossil fuel usage. The company's technology aims to assist power plants and other industries in minimizing their carbon emissions, thereby contributing to a more sustainable future.

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.

Metabolik

Seed Round in 2016
Metabolik Technologies, Inc. is a Canadian company established in 2016 that specializes in bioremediation solutions for environmental challenges associated with oil sands tailings ponds. The company has developed a platform aimed at reducing the concentration of naphthenic acids and other harmful contaminants present in these tailings. This platform utilizes a passive organic treatment process that requires minimal infrastructure and energy, allowing for cost-effective operations. Metabolik's technology provides an innovative approach for clients to manage and mitigate the environmental impacts of oil sands extraction, addressing significant ecological concerns.

DarkVision

Series A in 2016
DarkVision Technologies Inc. specializes in ultrasound-based imaging technology that creates high-resolution 3D models of oil and gas wells. Founded in 2013 and based in North Vancouver, Canada, the company provides an advanced imaging system capable of detecting various downhole issues such as production tubing defects, casing corrosion, and other obstructions. This technology allows oil and gas operators to visualize the inner workings of their wells, enabling informed decision-making that can lead to reduced operating costs, enhanced production efficiency, and improved well integrity while minimizing environmental impacts. Unlike traditional camera systems, DarkVision's ultrasound imaging can penetrate opaque fluids, making it a more effective tool for downhole diagnostics. As of 2020, DarkVision operates as a subsidiary of Koch Engineered Solutions.
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