Top 50 Oil and Gas Startup Investors in Canada in September 2025

SaskWorks Venture Fund is a Saskatchewan-based retail mutual fund that invests in privately-held small and medium-sized businesses owned or primarily operated in Saskatchewan. As a labour-sponsored venture capital corporation (LSVCC), investments in SaskWorks are eligible to receive a tax credit equal to 35% in addition to their RRSP tax deferral.Since its inception, the Fund has provided a unique opportunity for Saskatchewan residents to keep their investment dollars at home, helping to grow local companies and creating jobs in their province.

We can help you meet the capital-intensive needs of scaling and achieve timely growth. We offer more flexible equity financing and commercial loans.

VA Angels, one of Canada’s leading angel investment groups, has member locations in Calgary, Edmonton, Kelowna and Winnipeg. Since 2003 they have done 57 deals worth $28.5 million and are one of the most active angel groups in Canada.

InvestEco invests in innovative companies in the Food & Agriculture Sector. Learn More about our process, people, and companies.

Accelerate Fund supports the growth of early-stage Alberta technology companies with a multi million dollar fund that combines co-investment from angel investors.

SLB is a global technology company, driving energy innovation for a balanced planet

Angel Invest is one of Europe's most active angel funds

We are BDC, the bank for Canadian entrepreneurs. We support small and medium-sized businesses in all industries and at every stage of growth with money and advice. We are the Business Development Bank of Canada.

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Moment Ventures is an early-stage venture capital firm investing in the future of work. The firm invests in early-stage institutional rounds of companies in the future of work and prefers to invest in the logistics, food, oil and gas, education, transportation, and construction sectors.Moment Ventures was founded in 2013 and is headquartered inPalo Alto, California.

Equinor is an energy company that is engaged in the exploration, development, and production of oil and gas, as well as wind and solar power. It also sells crude oil and is a major supplier of natural gas, with activities in processing, refining, and trading. Its activities are managed through eight business areas, staff and support divisions, andhas operations in North and South America, Africa, Asia, Europe and Oceania, and Norway.

Founded in Los Angeles, Regeneration.VC is an early-stage venture fund supercharging consumer-powered climate innovation driven by circular and regenerative principles. Our investment strategy encompasses design (materials & packaging), use (consumer brands & products), and reuse technologies (reverse logistics & marketplaces) thatgenerate measurable environmental impact alongside outsized return potential.

Founded in 2012, Sallyport Investments is a single-family office based in Houston, TX. Sallyport provides capital and leadership to companies, with a primary focus in the energy, energy transition, and financial services industries. Sallyport endeavors to be a value-adding partner to the companies in which it invests, working side-by-side with itsmanagement teams to create great businesses and long-term value.

Founded in 2016, Evok Innovations is a fund that focuses on early-stage companies in the areas of Clean Energy, CleanTech, ClimateTech and CarbonTech.

Rice Investment Group invests in all verticals of the energy sector. We understand start-ups and how to deploy technology to efficiently scale the business.

Hillside Ventures is an early-stage venture fund supporting companies either founded by UConn alumni or that are in the sustainability, insurtech, or edtech industries.

Dr. Fong is a Professor Emeritus at the Faculty of Medicine, University of Calgary. He was formerly the Head of the Department of Radiology at the University of Calgary and the Calgary Health Region. Dr. Fong is active in funding and nurturing start-up companies. Over the past two decades, he funded over 50 companies in diverse technology sectors,with an emphasis in medical devices. Dr. Fong is the co-founder and board member of Calgary Scientific Inc. and is also on the board of Clarius Mobile Health, Cohesic Inc. and Innovere Medical. In addition to seed investing, Dr. Fong is active in the Calgary community sitting on six charitable boards and foundations.In 2015, Dr. Fong joined the Creative Destruction Lab (CDL) at the University of Toronto business school as a mentor. CDL helps young entrepreneurs to shape or pivot their nascent ideas. He is widely credited with launching CDL at the Haskayne School of Business at the University of Calgary, bringing together seasoned business leaders from Alberta, Canada and the US to grow budding companies. Dr. Fong is on the Strategic Advisory Board of CDL and a Fellow of CDL in Toronto, Montreal, Calgary and Vancouver. In 2017, Dr. Fong was named to the Order of Canada for his contribution to medical technology innovation and philanthropy.

GreenSky Ventures is a Toronto-based firm that makes investments in early-stage Canadian technology companies.GreenSky Ventures seeks early-stage B2B technology companies in Canada, emphasizing protectable IP and experienced management. It makes investments in early-stage technology companies through its affiliated venture capital funds, GreenSkyAccelerator Fund I, II and III. Their principals bring a unique combination of experience in technology, law, and finance to high-growth potential companies and dedicated entrepreneurs.GreenSky Capital was founded in Toronto, Ontario in 2010 by Geoff Simonett and Michael T. R. List.

A coalition to catalyze energy innovation.

George Whitesides is the Co-Founder of Genzyme. He previously worked at Validere as a Member of the Scientific Advisory Board. George Whitesides attended Harvard University.

ZhenFund is a seed fund founded by former entrepreneurs to invest in the most promising innovators. New Oriental co-founders Bob Xiaoping Xu and Victor Qiang Wang established ZhenFund in 2011 in collaboration with Sequoia Capital China. ZhenFund now has a network of over 800 portfolio companies, including over 30 unicorns based in China. Webelieve that great businesses start with exceptional founding teams. We are dedicated to helping our entrepreneurs build successful companies by providing them with mentorship and the best resources available. Some of our services include biannual demo days to top Chinese VCs, ZhenHR services, marketing and PR consulting, as well as fundraising. Our strong and large CEO network also facilitates entrepreneurs helping each other, especially via our WeChat platform. ZhenFund has been ranked as the “#1 Early-Stage Investment Firm” for six years. Bob Xiaoping Xu, Founder of ZhenFund, has been named on the Midas List since 2016 and ranked #11 in 2019. Anna Fang, Founding Partner and CEO of ZhenFund, has been named on the Midas List since 2019 and made her 4th appearance as #12, and #1 on Midas Seed List in 2022.

Angular Ventures is a specialist venture capital firm committed to founders redefining global markets.

Anzu Partners is an investment firm that focuses on industrial and life science technology companies with the potential to transform their industry. Anzu's portfolio support platform is dedicated to drive results beyond our initial investment and establish long-term relationships. We team with entrepreneurs to develop and commercializetechnological innovations by providing capital and deep expertise in business development, market positioning, global connectivity, and operations. .Co-founders Whitney Haring-Smith, David Michael, and David Seldin launched the firm in 2014 in Washington, District of Columbia.

The Ontario Capital Growth Corporation (OCGC) was established by the Ontario Capital Growth Corporation Act, 2008 and was launched on February 27, 2009. The principal business of the OCGC is to manage the interest of the Government of Ontario in the limited partnership known as the Ontario Venture Capital Fund LP (OVCF) and to manage and operatethe Ontario Emerging Technologies Fund (OETF).

Barney Pell was the co-founder, Chairman and Chief Strategy Officer of LocoMobi Inc. Barney has a long history as a leading technology innovator, product visionary, entrepreneur and angel investor based in Silicon Valley. Barney is known for being an Entrepreneur-in-Residence at Mayfield, a top Venture Capital firm, which he left to becomeFounder and CEO of Powerset, which built a natural-language based search engine that read each sentence in Wikipedia and answered user queries in plain English. Microsoft acquired Powerset in 2008 to help create its new search engine, Bing. Barney then served Microsoft as Search Strategist, Evangelist, and Chief Architect for Local Search at Bing, until leaving Microsoft in September 2011 to return to the start-up world full-time.Barney also has active investor, board member, and advisory roles with multiple start-up companies and non-profits across a variety of industries. Barney is Co-Founder, Vice Chairman and Chief Technology Officer of Moon Express, a private company building autonomous robotic lunar landers to enable exploration and commercial development of the solar system. This builds on his earlier career managing advanced software technologies at NASA. Highlights of innovations during Barney’s career at NASA include mission critical software to support planning and collaboration for the Mars Exploration Rovers mission; Clarissa, the first spoken dialog system in space; and the development of the Remote Agent, the first AI system to fly onboard and control a deep space probe. Remote Agent is widely considered one of the top achievements in the history of Artificial Intelligence and was awarded NASA’s "software of the year" award in 1999. Barney is also Associate Founder and Trustee of Singularity University (SU), a new university created to educate leaders for life in a future driven by accelerating technological change.Other recent active angel investments and advisory positions include: Getaround, Robotex, Halcyon Molecular, SpaceX, and CrowdFlower. Recent start-ups that have had successful exits include: Appjet (now Google), Aardvark (now Google), Hot Potato (now Facebook), Etacts (now SalesForce.com), Movity (now Trulia), and LinkedIn, the world’s largest professional social network which recently went public after acquiring its hundred-millionth member.Barney received his Ph.D. in Computer Science from Cambridge University, where he was a Marshall Scholar, and his B.S. degree in Symbolic Systems from Stanford University, where he graduated Phi Beta Kappa and was a National Merit Scholar.Barney is a frequent speaker at conferences and universities. These include keynote talks at the International Joint Conference on Artificial Intelligence, the Association for Computational Linguistics, Search Marketing Expos, International Semantic Web Conference, World Wide Web Conference, the Informational Retrieval Conference, and panels at SXSW Interactive. Barney has also spoken at the NPA and IPI conferences and has been featured in all major Parking industry magazines.

Pason Systems Inc. is a provider of data management systems for drilling rigs. The Company offers solutions, which include data acquisition, wellsite reporting, remote communications, and Web-based information management, enables collaboration between the rig and the office. It operates through three geographic segments: Canada, the United States,and International (Latin America, Offshore, the Eastern Hemisphere and the Middle East). Its Electronic Drilling Recorder (EDR) provides a complete system of drilling data acquisition, data networking, and drilling management tools and reports at both the wellsite and customer offices. Its solution Pit Volume Totalizer (PVT) is used for the detection and early warning of kicks that are caused by hydrocarbons entering the wellbore under high pressure and expanding as they migrate to the surface. Its data management system Pason DataHub collects, stores, and displays drilling data, reports and real-time information from drilling operations.

BDC Venture Capital is a major venture capital investor in Canada, active at every stage of the company's development cycle, from seed through expansion, with a focus on technology-based businesses that have high growth potential and that are positioned to become dominant players in their markets. The company helps create and develop strongCanadian businesses through financing, consulting services and securitization, with a focus on small and medium-sized enterprises.BDC Venture Capital has been involved in venture capital since 1975 and has to date invested in more than 400 companies involved in the areas of Life Sciences, Telecommunications, Information Technology and Advanced Technologies.

Export Development Canada (EDC) is a Crown corporation dedicated to assisting Canadian businesses of all sizes in achieving global success. It provides them with the tools they need to grow their business with confidence, including trade knowledge, financial solutions, equity, insurance, and connections.

Mr. LeGresley is a corporate director. He was an executive of National Bank Financial and spent 12 years with that company, most recently serving as Vice Chairman (2006 to 2008). Mr. LeGresley has extensive experience in the financial services industry, including positions at Salomon Brothers Canada (1990 to 1996) and CIBC Wood Gundy (1986 to1990). He also serves as a director of one TSX-listed company and one private company.He received a Bachelor of Applied Science Degree in Engineering from the University of Toronto in 1981 and a Master of Business Administration from Harvard Business School in 1986.Mr. LeGresley is a graduate of the Institute of Corporate Directors – Rotman Directors Education Program and a member of the Institute of Corporate Directors.

We are BDC, the bank for Canadian entrepreneurs. We support small and medium-sized businesses in all industries and at every stage of growth with money and advice. We are the Business Development Bank of Canada.

Market conditions are transforming the way you do business. Stalled global economies, reduced investment activity, weaker global trade, and geopolitical turmoil are driving us all to make significant changes. They understand that your needs are changing rapidly, and so are your expectations of your partners.Their organization is passionatelycommitted to the pursuit of a better world through positive change. They embrace your visions as Their own and partner with you to develop better ideas that are smarter, more efficient, and innovative. Their global network of 9,000 professionals work on the world’s toughest challenges. Their corporate roots extend back more than a hundred years, and Their experience spans over 150 countries around the world in the metals, energy, infrastructure, digital, and investments market sectors.

Space Angels provides a world-class, easy-to-use platform that helps accredited investors make smart investment decisions.

InterGen Capital deploys capital into post-seed, pre-Series A companies led by extraordinary teams with proven solutions and big markets. The firm has a strong network of retired and transitioning executives looking to engage with innovative companies emerging from start-up to scale-up.InterGen Capital was founded in 2018 and is located inCalgary, Alberta.

Soma Capital is a fund built by founders for founders that focuses on software. It has invested seed in startups now worth over $60 billion combined including Cruise, Rappi, Ironclad, Human Interest, Razorpay, Rippling, and Lambda School among others (20 unicorns) It was founded in 2015 and is headquartered in San Francisco, California.

Henkel was founded in 1876. People around the world trust Henkel’s brands and technologies. In the fiscal year 2015, the company reported sales of approx. 18 billion euros and an operating profit of 2.9 billion euros (adjusted for one-time gains/charges and restructuring charges). The DAX-30 company has its headquarters in Düsseldorf, Germany.Henkel employs about 50,000 people worldwide, more than 80 percent of whom work outside of Germany. Henkel is thus one of the most international German companies

Chevron Technology Ventures champions innovation, commercialization and integration of emerging technologies within Chevron.

Industry Ventures has cultivated new segments of the venture capital market for over two decades using its complete lifecycle approach.

CBGF helps privately-owned Canadian businesses with the capital, talent, and expertise they need to drive growth and realize their potential.

Golden Ventures is a leading seed-stage venture capital fund, based in Toronto and investing across North America. We back bold teams and their transformative ideas.

Root Ventures is a seed-stage venture capital firm that invests in technical teams working on deep tech. The firm specializes in the fields of financial services, venture capital, and investments. It was founded in 2013 and headquartered in San Francisco, California.

Triangle Capital Corporation (Public, NASDAQ:TCAP) is a US-based specialty finance company.Triangle Capital Corporation (Triangle) is a specialty finance company that provides customized financing solutions to lower middle market companies located throughout the United States, with annual revenues between $10 and $100 million. Trianglegenerates income from its debt investments and capital appreciation from its equity related investments. The Company partners with business owners, management teams and financial sponsors to provide financing solutions to fund corporate events. Triangle invests primarily in senior and subordinated debt securities secured by first and second-lien security interests in portfolio company assets, coupled with equity interests. The Company wholly owns Triangle Mezzanine Fund LLLP (the Fund) and Triangle Mezzanine LLC (TML), the general partner of the Fund. The Company's investments generally range from $5 to $15 million per portfolio company.

East Valley is a startup accelerator and angel investor group in Atlantic Canada.

Standish Spring Investments provides entrepreneurs with the financial and managerial support they need to grow their companies. The company is based in Duxbury, Massachusetts.

OGCI Climate Investments focuses on delivering the transition to lower carbon emission energy sources. The leaders of the ten major oil and gas companies are committed to the direction set out by the Paris Agreement on climate change. They support its agenda for global action and the need for urgency. Through their collaboration in Oil and GasClimate Initiative (OGCI), they can be a catalyst for change in their industry and more widely.OGCI aims to increase the ambition, speed and scale of the initiatives they undertake as individual companies to reduce the greenhouse gas footprint of their core oil and gas business – and to explore new businesses and technologies.

Space Capital is an early-stage space venture capital fund focused on unlocking the value in space technology stacks. Start to invest in the future of humanity!

Energy Innovation Capital is the premier capital provider for innovators serving the energy industry. EIC provides early and growth-stage funding for visionary entrepreneurs tackling global energy challenges with transformative, market-leading solutions. EIC's team leverages its industry expertise, networks and collaborative approach to helptalented entrepreneurs push the boundaries of what's possible and build great companies. To learn more, visit www.energyinnovationcapital.com.

They’re Indigenous and we invest in Indigenous social enterprise. Their purpose is to facilitate the flow of capital through impact investing, and to support the ongoing revitalization of the Indigenous economy in Canada.As an Indigenous intermediary, they honor the Seven Sacred Teachings and they operate from the perspective of the Indigenousworld view. They follow traditional Indigenous protocols, they work for the well being of people and the planet, and they acknowledge their responsibility to the next seven generations.

Wing Venture Capital primarily invests in technology-based businesses. It emphasizes craftsmanship over volume and engages deeply with founders to help them build companies that matter. The body of work of Wing's team spans more than two decades and dozens of successful early-stage companies, 21 of which went on to achieve billion-dollar-plusoutcomes following IPOs or acquisitions. Its portfolio companies include Cohesity, Gong, Instart Logic, Juvo, Moogsoft, Palerra, Shape Security, and Snowflake.

Cycle Capital is a pioneer in Canadian Cleantech venture capital fund management investing in companies at the development and commercialization stages in North America. Founded in 2009 by Andrée-Lise Méthot, Founder and Managing Partner, Cycle Capital’s Platform has become an important venture capital investor of the Cleantech industry with its 3funds totaling $230M Assets Under Management (AUM). Cycle Capital is looking to invests in promising ventures that are not capital intensive and/or that can benefit from the leverage brought by Cycle Capital extensive network of investors, strategic partners and advisors.In addition to its core investments, Cycle Capital targets companies with high growth potential – especially those with strong intellectual property, leading edge technologies and with exceptional management talent that would benefit from the firm’s network of strategic industrial partners and expert advisors. With its core investment and business expertise, Cycle Capital plays an active role adding meaningful and tangible value to its portfolio companies at all stages of their life.