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Top 50 Oil and Gas VC Funds & Investors in Canada (July 2026)

The most active venture capital funds investing in Canada Oil and Gas startups. This investor list is updated monthly from the Shizune investor database, ranked by number of investments in Canada Oil and Gas startup companies. Find investors to raise a Seed, Series A or Series B round with Shizune.
Investor Relevant Deals Geography Stage Focus Round Size
SaskWorks Venture Fund
VC Fund
9 Canada, United States Seed, Post-IPO Equity Oil and Gas, Energy, Manufacturing $1.2M–$5.1M
BDC Capital Cleantech Practice
VC Fund
4 Canada, United States Series A, Series C Renewable Energy, Energy, Manufacturing $7M–$53M
Enbridge
VC Fund
3 Canada, United States, Japan Series C, Series B Energy, Manufacturing, Oil and Gas $9.8M–$31M
VA Angels
VC Fund
3 Canada, United States, India Seed, Debt Financing Health Care, Software, Information Technology $110k–$1.5M
Business Development Bank of Canada
VC Fund
3 Canada, United States, Argentina Seed, Series A Software, Information Technology, Manufacturing $275k–$16M
GreenSky Ventures
VC Fund
2 Canada, United States, United Kingdom Seed, Series A Software, Information Technology, Health Care $731k–$4.5M
Accelerate Fund
VC Fund
2 Canada, United States Seed, Series A Software, Health Care, Medical $951k–$12M
Evok Innovations
VC Fund
2 Canada, United States, Israel Series A, Seed, Series B Energy, Chemical, Oil and Gas $2.5M–$58M
Moment Ventures
VC Fund
2 United States, Canada, Pakistan Seed, Series A, Series B Software, SaaS, Enterprise Software $1.8M–$31M
Hillside Ventures
VC Fund
2 United States, Canada Seed, Series A Energy, CleanTech, Education $723k–$3M
SLB
VC Fund
2 United States, United Kingdom, Canada Series B, Series A, Series C Energy, Manufacturing, Oil and Gas $7M–$105M
Investeco Capital
VC Fund
2 Canada, United States, Portugal Seed, Series A Food and Beverage, Organic Food, Manufacturing $250k–$14M
Fulcrum Global Capital
VC Fund
2 United States, Canada, India Series A, Series B Biotechnology, Agriculture, Farming $3.8M–$20M
Tribune Capital
VC Fund
2 Canada, United States Seed, Series A Oil and Gas, Software, SaaS $557k–$22M
Regeneration.VC
VC Fund
2 United States, United Kingdom, The Netherlands Series A, Seed, Series B Manufacturing, Machine Learning, Fashion $2M–$30M
Equinor Technology Ventures
VC Fund
2 United States, Norway, Canada Series B, Series A Oil and Gas, Energy, Software $4M–$40M
Sallyport Investments
VC Fund
2 United States, Canada Series A, Seed, Series B Analytics, Artificial Intelligence, Advice $9.7M–$15M
Fonds régionaux de solidarité FTQ
VC Fund
1 Canada Post-IPO Equity, Pre-Seed Manufacturing, Mining, Industrial Engineering
Playground Global
VC Fund
1 United States, Canada, Italy Series A, Seed, Series B Software, Robotics, Biotechnology
Henkel
VC Fund
1 United States, Germany, United Kingdom Series A, Series B Nanotechnology, E-Commerce, Electronics
Bullpen Capital
VC Fund
1 United States, Canada, Brazil Series A, Seed, Series B Software, SaaS, E-Commerce
BDC Venture Capital
VC Fund
1 Canada, United States, Japan Series A, Seed Software, Information Technology, Artificial Intelligence $603k–$17M
Raven Indigenous Capital Partners
VC Fund
1 Canada Seed, Series A Information Technology, Software, Insurance
Industry Ventures
VC Fund
1 United States, Canada, Israel Series B, Series A, Series C Software, Analytics, SaaS
Root Ventures
VC Fund
1 United States, Canada, Denmark Seed, Series A, Series B Software, Artificial Intelligence, Machine Learning
Angular Ventures
VC Fund
1 Israel, United States, United Kingdom Seed, Pre-Seed, Series A Software, SaaS, Machine Learning
Pason Systems
VC Fund
1 Canada Corporate Round Energy, Oil and Gas, Manufacturing
East Valley Ventures
VC Fund
1 Canada, United States Seed, Angel Software, Information Technology, SaaS
Hatch
VC Fund
1 Canada, United States, United Kingdom Seed, Series A Energy, Renewable Energy, Environmental Engineering
EIC Rose Rock
VC Fund
1 United States Seed, Series A Software, Mining, Real Time
CSN Inova Ventures
VC Fund
1 Brazil, United States, Israel Seed, Series A, Series B Renewable Energy, Energy, Energy Management
Phaze Ventures
VC Fund
1 Oman, United States, United Arab Emirates Series A, Seed, Pre-Seed Generative AI, Artificial Intelligence, Software
Golden Ventures
VC Fund
1 Canada, United States, Japan Seed, Series A, Series B Software, Artificial Intelligence, Information Technology
ONEOK
VC Fund
1 United States Internet, Aerospace, Oil and Gas
Heidelberg Materials
VC Fund
1 Canada Seed Mining, CleanTech, Oil and Gas
M12 - Microsoft's Venture Fund
VC Fund
1 United States, Israel, United Kingdom Series A, Series B, Series C Software, Artificial Intelligence, Machine Learning
Anzu Partners
VC Fund
1 United States, Canada, Spain Series A, Series B Biotechnology, Software, Manufacturing $5M–$55M
Natural Resources Canada
VC Fund
1 Canada, United States, Norway Grant, Post-IPO Equity, Series A Energy, Renewable Energy, Non Profit $141k–$5M
Cycle Capital
VC Fund
1 Canada, United States, Germany Series B, Seed Manufacturing, Energy, Electronics $55k–$27M
Greylock
VC Fund
1 United States, United Kingdom, Israel Series A, Series B, Seed Software, Information Technology, Enterprise Software $1.2M–$62M
Cenovus Energy
VC Fund
1 Canada, United States Series C, Corporate Round Energy, Water, Robotics
Angel Invest
VC Fund
1 Germany, United Kingdom, United States Seed, Pre-Seed, Series A Software, Artificial Intelligence, SaaS $530k–$21M
ZhenFund
VC Fund
1 China, United States, Singapore Series A, Seed, Angel Artificial Intelligence, Software, E-Commerce $425k–$28M
Bild Alternative Investments Corporation
VC Fund
1 United States, Canada Energy, Software, Health Care
Space Capital
VC Fund
1 United States, Canada, United Kingdom Seed, Series A, Series B Aerospace, Software, Space Travel $1.9M–$45M
The Ontario Capital Growth
VC Fund
1 Canada Series A, Series B Energy, Software, Video $1.6M–$5M
Export Development Canada
VC Fund
1 Canada, United States, United Kingdom Series B, Series A Software, Manufacturing, Renewable Energy $3.5M–$50M
Fuel Capital
VC Fund
1 United States, Spain, Canada Seed, Series A, Pre-Seed Software, E-Commerce, Information Technology $1.1M–$20M
Sprout Fund LP
VC Fund
1 Canada, United States Seed, Pre-Seed, Series A Software, Information Technology, Marketing $75k–$2.4M
UBC Seed Fund
VC Fund
1 Canada Seed, Pre-Seed Robotics, Industrial, Health Care $951k–$2.6M
Access all 319 VC funds in Canada Oil and Gas startups.

Access 48,091 investors

822 industries, 177 countries. Updated daily. Emails and phones included.

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Investor list

SaskWorks Venture Fund
VC Fund · Regina, Saskatchewan, Canada · 9 investments in Canada Oil and Gas startups

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.

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Investment focus

  • Industry: Oil and Gas, Energy, Manufacturing
  • Stage:Seed, Post-IPO Equity
  • Geography: Canada, United States

Investor stats

  • Total investments: 57
  • Round size: Seed $1.2M–$5.1M; Post-IPO Equity $3.7M–$4.6M
  • Lead/follow: 5% lead, 95% follow
  • Last fund: May invest from a new fund soon — raised $40M in 2018

Portfolio highlights

  • Curbie — Curbie is an online platform that enables consumers to buy, sell, and trade-in vehicles in Canada. The company provides consumers with an ecommerce buying experience that is unique in the Canadian landscape. Consumers select from Curbie's online inventory, receive the vehicles at their homes and, after purchase, have 7-days to decide to keepor return. Curbie is a highly-automated enterprise, featuring its own set of algorithmic and AI-based tools, which minimize staffing needs and enhance decision-making.
  • 54e Dev Studios — 54e Dev Studios creates unique robotics and gaming experiences using real-time communication technologies.
  • Ground Truth Agriculture — Ground Truth Ag revolutionizes precision farming with automated grain grading solutions. Our cutting-edge technology provides real-time, accurate grain quality monitoring, optimizing productivity for farmers and agribusinesses. Discover the future of agtech with us.
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BDC Capital Cleantech Practice
VC Fund · Calgary, Alberta, Canada · 4 investments in Canada Oil and Gas startups

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

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Investment focus

  • Industry: Renewable Energy, Energy, Manufacturing
  • Stage:Series A, Series C
  • Geography: Canada, United States

Investor stats

  • Total investments: 66
  • Round size: Series A $7M–$31M; Series C $9.3M–$53M
  • Lead/follow: 17% lead, 83% follow

Portfolio highlights

  • e-Zinc — Founded in 2012, e-Zinc is a Toronto, Canada, based corporation that has developed a breakthrough electrochemical technology for storing energy in zinc metal. This low-cost, flexible, and long-duration energy storage solution will provide the platform for the world’s energy markets to be fully powered by renewable energy, enabling a zero-carbonenergy future.
  • eLeapPower — Learn more about how our technology is revolutionizing eMobility.
  • FREDsense — Ensure accurate PFAS detection with Fredsense's advanced testing solutions for water quality and safety. Contact us today for more information!
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Enbridge
VC Fund · Calgary, Alberta, Canada · 3 investments in Canada Oil and Gas startups

Enbridge is a Canadian Company that has a significant and growing involvement in natural gas gathering, and transmission. They have been included in the Global 100 Most Sustainable Corporations in the World ranking for the past five years. Enbridge owns and operates Canada's largest natural gas distribution company, and provides distributionservices in Ontario, Quebec, New Brunswick, and New York State. As a generator of energy, Enbridge has interests in 1,700 megawatts of renewable and alternative energy generating capacity and is expanding its interests in wind and solar energy and geothermal.Enbridge employs more than 10,000 people, primarily in Canada and the U.S. and is ranked as one of Canada's Greenest Employers and one of Canada's Top 100 Employers for 2013. Enbridge's common shares trade on the Toronto and New York stock exchanges under the symbol ENB.Enbridge operates, in Canada and the U.S., the world's longest crude oil and liquids transportation system.

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Investment focus

  • Industry: Energy, Manufacturing, Oil and Gas
  • Stage:Series C, Series B
  • Geography: Canada, United States, Japan

Investor stats

  • Total investments: 17
  • Round size: Series B $9.8M–$10M; Series C $10M–$31M
  • Lead/follow: 59% lead, 41% follow

Portfolio highlights

  • Divert — Divert is a circular economy company on a mission to prevent food from being wasted. We make social and environmental impact by creating sustainable infrastructure and innovative technologies that help prevent food from being wasted.
  • Flyscan — Energy companies: our technology is a major asset in protecting the integrity of your pipelines and right-of-ways.
  • Coffee Cherry — Coffee Cherry upcycles leftover coffee cherries to coffee flour for bakery products like cookies, chocolates, and chocolate beverages.
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VA Angels
VC Fund · Calgary, Alberta, Canada · 3 investments in Canada Oil and Gas startups

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.

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Investment focus

  • Industry: Health Care, Software, Information Technology
  • Stage:Seed, Debt Financing
  • Geography: Canada, United States, India

Investor stats

  • Total investments: 109
  • Round size: Seed $110k–$1.5M
  • Lead/follow: 3% lead, 97% follow
  • Last fund: May invest from a new fund soon — last raise in 2015

Portfolio highlights

  • Tonit — Connect with local riders. Discover hundreds of rides & events. Track & share your ride. Share photos & videos with the community.
  • PLAYR.gg — Surf Giveaways is the #1 platform to run giveaways, sweepstakes, and contests for gamers. Grow your audience and build your community with giveaways now!
  • eThor — Trusted By National Brands Trusted By National Brands Contactless In the age of COVID-19, it's more important than ever to provide your customers a safe way to pay. eThor offers a number of contactless payment options, from Apple Pay, Samsung Pay or other forms of
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Business Development Bank of Canada
VC Fund · Montréal, Quebec, Canada · 3 investments in Canada Oil and Gas startups

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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Investment focus

  • Industry: Software, Information Technology, Manufacturing
  • Stage:Seed, Series A
  • Geography: Canada, United States, Argentina

Investor stats

  • Total investments: 287
  • Round size: Seed $275k–$5M; Series A $3M–$16M
  • Lead/follow: 44% lead, 56% follow

Portfolio highlights

  • Vosker — Vosker provides remote area monitoring tech enabling you to take things further
  • NuChem Sciences — Sygnature Discovery is a world-leading integrated drug discovery CRO based in the UK and Canada with headquarters in Nottingham (UK).
  • Renaissance Repair and Supply
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GreenSky Ventures
VC Fund · Toronto, Ontario, Canada · 2 investments in Canada Oil and Gas startups

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.

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Investment focus

  • Industry: Software, Information Technology, Health Care
  • Stage:Seed, Series A
  • Geography: Canada, United States, United Kingdom

Investor stats

  • Total investments: 65
  • Round size: Seed $731k–$3.3M; Series A $1.1M–$4.5M
  • Lead/follow: 69% lead, 31% follow
  • Last fund: Likely still investing — fund raised in 2023

Portfolio highlights

  • Derapi — Derapi is a universal API for distributed energy resource (DER) devices, including solar, battery storage, EV chargers, smart thermostats, heat pumps, and other behind-the-meter loads. Derapi unlocks the full value of DERs by removing bottlenecks related to data integration, reducing data infrastructure costs and speeding time to market for DERsoftware developers, DER device manufacturers, and others in the DER ecosystem.
  • GridBank — GridBank is a vertical video UGC library for brands that want ready-made social content without managing creators directly. It offers royalty-free, social-native videos you can search in natural language and download for use in organic and paid campaigns.
  • Trolley — Trolley is the best payouts platform for businesses needing to pay creators, musicians, artists, freelancers, or on-demand workers.
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Accelerate Fund
VC Fund · Calgary, Alberta, Canada · 2 investments in Canada Oil and Gas startups

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

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Investment focus

  • Industry: Software, Health Care, Medical
  • Stage:Seed, Series A
  • Geography: Canada, United States

Investor stats

  • Total investments: 59
  • Round size: Seed $1M–$6.6M; Series A $951k–$12M
  • Lead/follow: 29% lead, 71% follow
  • Last fund: May invest from a new fund soon — raised $15M in 2020

Portfolio highlights

  • Dryrun — From lightening fast data imports and automated forecasts, through to unmatched control to model out scenarios, Dryrun is the choice for CFOs managing cash flow for multi-million dollar businesses. Dryrun integrates with Sage Intacct, QuickBooks Online, Xero and Pipedrive.
  • Fairly Staffing — On demand shift filling platform for dental offices and dental professionals.
  • Chroma Technologies — Chroma Technologies provides financial technology and property solutions to enhance the rental experiences.
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Evok Innovations
VC Fund · Vancouver, British Columbia, Canada · 2 investments in Canada Oil and Gas startups, 6 in the past 12 months

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

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Investment focus

  • Industry: Energy, Chemical, Oil and Gas
  • Stage:Series A, Seed, Series B
  • Geography: Canada, United States, Israel

Investor stats

  • Total investments: 57
  • Round size: Seed $2.5M–$11M; Series A $5M–$55M; Series B $2.8M–$58M
  • Lead/follow: 33% lead, 67% follow
  • Last fund: Likely still investing — raised $300M in 2022

Portfolio highlights

  • SensorUp — SensorUp offers advanced software solutions for methane emissions management and reduction in the oil and gas industry, aligning with net zero goals and enhancing operational control through effective emissions reporting and measurement technology.
  • Disa — Stay sustainable and profitable with DISA's high-pressure slurry ablation technology for reclamation and mining
  • Moment Energy — Moment Energy empowers commercial and industrial clients across North America to reduce operational costs, increase energy resilience for business, and achieve sustainability goals.
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Moment Ventures
VC Fund · Palo Alto, California, United States · 2 investments in Canada Oil and Gas startups

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.

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Investment focus

  • Industry: Software, SaaS, Enterprise Software
  • Stage:Seed, Series A, Series B
  • Geography: United States, Canada, Pakistan

Investor stats

  • Total investments: 57
  • Round size: Seed $1.8M–$7M; Series A $9.5M–$17M; Series B $15M–$31M
  • Lead/follow: 19% lead, 81% follow
  • Last fund: May invest from a new fund soon — raised $37M in 2019

Portfolio highlights

  • Uplift AI — Uplift AI creates voice AI models for regional languages to enable natural speech interactions and improve digital accessibility.
  • Clario — Clario is the first platform designed to remove enterprise data ROT, or redundant, out-of-date, and insignificant files that covertly impair AI performance, drive up expenses, and remain in systems as undetected liabilities.
  • Aviz Networks — Aviz Networks is a leading provider of solutions for Open, Cloud, and AI-first networks. Aviz delivers switch platform agnostic, easy-to-use applications for network observability, orchestration, and assurance. Aviz also provides disaggregated support for multi-vendor SONiC deployments in data centers & edge networks. Aviz is on a mission to make SONiC a ubiquitous, accessible, and intelligent NOS for every stakeholder.
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Hillside Ventures
VC Fund · Storrs Mansfield, Connecticut, United States · 2 investments in Canada Oil and Gas startups

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.

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Investment focus

  • Industry: Energy, CleanTech, Education
  • Stage:Seed, Series A
  • Geography: United States, Canada

Investor stats

  • Total investments: 11
  • Round size: Seed $723k–$3M
  • Lead/follow: 9% lead, 91% follow

Portfolio highlights

  • EnviCore — EnviCore provides sustainable cementitious materials produced from a wide variety of materials ranging from tailings minerals to commercially available clays and pozzolan.
  • Enviro Power — Enviro Power brings to market an innovative heating system. The SmartWatt Boiler technology platform is designed to generate close-to-zero cost electricity and provide backup power with the potential to reduce utility bills for millions of building owners while lowering its carbon footprint and enhancing grid resiliency.
  • Rebound Technologies — An agile cold chain solution that boosts revenues, preserves product quality and ensures food safety, all while offering proven energy cost reductions.
Show all investments...

Access 48,091 investors

822 industries, 177 countries. Updated daily. Emails and phones included.

Browse database — It's Free!
SLB
VC Fund · Houston, Texas, United States · 2 investments in Canada Oil and Gas startups

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

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Investment focus

  • Industry: Energy, Manufacturing, Oil and Gas
  • Stage:Series B, Series A, Series C
  • Geography: United States, United Kingdom, Canada

Investor stats

  • Total investments: 41
  • Round size: Series A $10M–$100M; Series B $7M–$60M; Series C $12M–$105M
  • Lead/follow: 34% lead, 66% follow

Portfolio highlights

  • Immaterial — Facilitating the energy transition with advanced materials.
  • RayGen — We're powering the future with low cost, high efficiency solar power technology and renewable energy storage. Contact us for more details today.
  • John Cockerill Hydrogen — John Cockerill Hydrogen is a major global company that specializes in green hydrogen technology, particularly innovative alkaline electrolysers used to produce hydrogen.
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Investeco Capital
VC Fund · Toronto, Ontario, Canada · 2 investments in Canada Oil and Gas startups

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

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Investment focus

  • Industry: Food and Beverage, Organic Food, Manufacturing
  • Stage:Seed, Series A
  • Geography: Canada, United States, Portugal

Investor stats

  • Total investments: 50
  • Round size: Seed $250k–$4M; Series A $4.3M–$14M
  • Lead/follow: 34% lead, 66% follow
  • Last fund: May invest from a new fund soon — last raise in 2020

Portfolio highlights

  • GoParity — GoParity is an online savings and investment platform that uses a P2P business model to simplify investment and allow citizens and companies to get a decent return on their sustainable loans. Citizens and companies invest their funds in projects they believe in to generate economic, social and environmental impact.We are driving the transitiontowards a more sustainable and inclusive economic system, making investment in sustainable solutions accessible to all, from citizens to small enterprises. Join us @ www.goparity.com
  • Chickapea — Buy your Chickapea Pasta and have it shipped to your door! Free shipping to most locations in the United States.
  • Little Sesame — Serving up smooth hummus & sunny vibes.
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Fulcrum Global Capital
VC Fund · Mound City, Kansas, United States · 2 investments in Canada Oil and Gas startups

Feeding the world one investment at a time

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Investment focus

  • Industry: Biotechnology, Agriculture, Farming
  • Stage:Series A, Series B
  • Geography: United States, Canada, India

Investor stats

  • Total investments: 24
  • Round size: Series A $3.8M–$13M; Series B $5.8M–$20M
  • Lead/follow: 46% lead, 54% follow
  • Last fund: May invest from a new fund soon — last raise in 2020

Portfolio highlights

  • Plastomics — Plastomics is a biotechnology startup that focuses in developing the next generation of crops by using chloroplast genetic engineering. Its technology platform is applicable to different crops and traits. Plastomics provides solutions for the many current industry challenges.The company was founded in 2016 and headquartered in St. Louis,Missouri.
  • TastyUrban — TastyUrban is in the process of developing a new generation of restaurant usage and strategy.
  • Precision AI — Precision AI is launching the world's first artificially intelligent agriculture drones for plant-level decision-making at broad-acre scale.
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Tribune Capital
VC Fund · Weyburn, Saskatchewan, Canada · 2 investments in Canada Oil and Gas startups

Tribune Capital is a venture capital firm located in Weyburn, SK.

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Investment focus

  • Industry: Oil and Gas, Software, SaaS
  • Stage:Seed, Series A
  • Geography: Canada, United States

Investor stats

  • Total investments: 27
  • Round size: Seed $557k–$1.9M; Series A $4.2M–$22M
  • Lead/follow: 7% lead, 93% follow

Portfolio highlights

  • Astara Energy Corp. — Astara Energy Corp. is an emerging, private junior oil and gas company with operations in Alberta.
  • Pointbreak Resources — Pointbreak Resources develops prime conventional oil assets in the Western Canadian Sedimentary Basin.
  • Complete Framing Solutions — Complete Framing Solutions specializes in designing, manufacturing, and supplying light steel framing systems.
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Regeneration.VC
VC Fund · 2 investments in Canada Oil and Gas startups

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.

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Investment focus

  • Industry: Manufacturing, Machine Learning, Fashion
  • Stage:Series A, Seed, Series B
  • Geography: United States, United Kingdom, The Netherlands

Investor stats

  • Total investments: 23
  • Round size: Seed $2M–$7.6M; Series A $5.6M–$30M; Series B $18M–$24M
  • Lead/follow: 48% lead, 52% follow
  • Last fund: Likely still investing — raised $45M in 2022

Portfolio highlights

  • TULU — TULU is a smart platform and amenity services provider to over 10,000 people in 50 buildings across the United States, Europe and Israel. Founded in 2019, TULU provides urban tenants with on-demand access to hundreds of brand name appliances, grocery staples, micro-mobility and entertainment devices, and more. TULU’s IoT-based modular units arecustomized to provide the most necessary and useful items, while leveraging advanced machine learning tools to analyze behavioral patterns, optimize usage, refine inventory, and create a personalized experience for our users. The outcome is a new way of living, encouraging more responsible consumption, reducing the cost of living in the city, and consistent with the trend to smaller and smaller living spaces.
  • CleanO2 — CleanO2 Carbon Capture Technologies is set to change the heating industry. In 2007, the founders of CleanO2 CCT began developing technology that would have a positive impact in the industry. Now, 9 years later, the company have deployed the residential carbon capture device in Alberta, Canada and have expanded the technology on a global scale.Thecompany has developed an aggregated commercial carbon capture device called CARBiNX, a sleek, carbon munching addition to businesses. Reducing energy demands through heat recovery and using the carbon capture process to create a valuable by-product.CleanO2 Carbon Capture Technologies was founded on 2013 and is headquartered in Calgary, Alberta, Canada.
  • Cruz Foam — Cruz Foam offers certified compostable, protective packaging foam and other solutions. Let us help you transition to compostable foam packaging solutions, today.
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Equinor Technology Ventures
VC Fund · Stavanger, Rogaland, Norway · 2 investments in Canada Oil and Gas startups

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.

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Investment focus

  • Industry: Oil and Gas, Energy, Software
  • Stage:Series B, Series A
  • Geography: United States, Norway, Canada

Investor stats

  • Total investments: 12
  • Round size: Series A $4.4M–$6M; Series B $4M–$40M
  • Lead/follow: 50% lead, 50% follow

Portfolio highlights

  • eSmart Systems — ESmart Systems provides AI-driven software solutions to the energy industry and service providers. The company is based on more than 20 years of international experience in establishing and operating knowledge based, leading IT and energy related companies targeting global markets.The company provides software solutions to the energy industry andservice providers. Its cloud-born platform is designed to handle and exploit the Internet of Things, Big Data and Analytics in real-time. Common to all applications is vast data quantities gathered from sensors, which are analyzed using advanced prediction and optimization models. This results in completely new ways of visualizing data, making decisions and saving resources and costs. The platform is designed for Big Data from the ground up without legacy.eSmart Systems originates from the renowned IFE environment (Institute for Energy Technology). The company was founded in 2012 by an experienced team previously responsible for large IT service exports including delivery of the world's first power exchange to Nord Pool, the Nordic Power Exchange, in 1991. Since 2012 the company has grown rapidly and currently consists of almost 80 employees with offices in Norway, Denmark, the UK, and USA.
  • Data Gumbo — Data Gumbo is the smart contract company trusted by global industrial enterprises. The only network of enterprises and their customers, suppliers and vendors that successfully incorporates real-time sensor level and field data to validate transactions, GumboNet™ reduces costs by more than 10% for all network members by automatically eliminatingpayment delays, disputes and complicated reconciliations.To date, Data Gumbo has received equity funding with Saudi Aramco Energy Ventures, the venture subsidiary of Saudi Aramco; Equinor Ventures, the venture subsidiary of Equinor, Norway’s leading energy operator; and L37, a hybrid venture capital and private equity company. Data Gumbo is headquartered in Houston, Texas, with global offices in Stavanger, Norway, and London, UK. For more information, visit www.datagumbo.com.
  • Earth Science Analytics — Earth Science Analytics is an innovative software technology company, established with a clear vision: to build the next generation of subsurface technologies and workflows. With proven Artificial Intelligence (AI)/Machine Learning (ML) technology, extensive domain and industry knowledge, we enable rapid digitalisation of the energy industry, focusing in particular on Oil & Gas, New Energy, and Asset Management.
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Sallyport Investments
VC Fund · 2 investments in Canada Oil and Gas startups

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.

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Investment focus

  • Industry: Analytics, Artificial Intelligence, Advice
  • Stage:Series A, Seed, Series B
  • Geography: United States, Canada

Investor stats

  • Total investments: 5
  • Round size: Series A $9.7M–$15M
  • Lead/follow: 20% lead, 80% follow

Portfolio highlights

  • VRGL — VRGL specializes in offering data analytics, portfolio performance, investment strategies, and guidance for wealth management businesses.
  • Persefoni AI — Persefoni is a Climate Management & Accounting Platform (CMAP). The company's Software-as-a-Service solutions enable enterprises and financial institutions to meet stakeholder and regulatory climate disclosure requirements with the highest degrees of trust, transparency, and ease. As the ERP of Carbon, the Persefoni platform provides usersa single source of carbon truth across their organization, enabling them to manage their carbon transactions and inventory with the same rigor and confidence as their financial transactions.
  • Validere — Measure and capitalize on emission reductions while improving operations with all-in-one commodity & carbon management platform for oil and gas.
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Fonds régionaux de solidarité FTQ
VC Fund · 1 investments in Canada Oil and Gas startups

Fonds régionaux de solidarité FTQ is a private equity firm investing in early and growth-stage companies.

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Investment focus

  • Industry: Manufacturing, Mining, Industrial Engineering
  • Stage:Post-IPO Equity, Pre-Seed
  • Geography: Canada

Investor stats

  • Total investments: 28
  • Lead/follow: no public data

Portfolio highlights

  • Groupe Crete inc — The Crête Group's activities are the results of a family-run company founded by Gérard Crête in 1949 and developed thereafter by his son Martin and his grandson Sébastien. For the past sixty years, their business, human and community relations have been defined by honesty, respect and integrity. It is understood that, despite itsimpressive track record, the Crête family knew how to stay humble and modest in spite of their numerous success that they willingly share with all of their partners that accompanied them during those years. Going over this site, you will discover the passionate story of this family native of the Mauricie, that, during many years, knew how to get out of a tricky situation in an unstable economy and an industry constantly restructuring. A family as determined as dynamic, constantly challenging their own company politics while always seeking excellence. The Crête family is in business for long! Groupe Crete's misssion is to remain a performing and flexible company of the Québec softwood transformation industry, a renewable ressource. By manufacturing products that are adapted to the needs of our customers. The company develops innovative products that are respectful of the environment, with the objective to generate value for the community, its customers, employees and shareholders.
  • Novaxis Solutions — Novaxis Solutions is an internet company.
  • GCM Consultants — GCM Consultants has delivered, for over 25 years, high-performance engineering services through inspired resources who hail from industry. We execute capital projects between $0 and 200 M – studies, preliminary and detailed engineering, project and construction management.We offer technical services to our clients in the following industrialsectors: • Oil and gas production • Refining • Petrochemical • Mining and metallurgy • Pharma, Biotech and Food • Building and Data Center
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Playground Global
VC Fund · Palo Alto, California, United States · 1 investments in Canada Oil and Gas startups

Playground Global is an early-stage venture capital firm backing technical and scientific founders with deep engineering expertise, a collaborative environment, and a first-hand understanding of the intricacies of deep tech. Established in 2015 and headquartered in Palo Alto, CA, Playground’s mission is to transform ambitious ideas into impactfulbusinesses that benefit humanity and the planet. We invest in areas that span across next gen compute automation, energy transition and engineered biology. Playground has been an early – and frequently first investor – in companies that include PsiQuantum, Relativity Space, Ultima Genomics, MosaicML (acq. by Databricks), d-Matrix, and Strand Therapeutics.

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Investment focus

  • Industry: Software, Robotics, Biotechnology
  • Stage:Series A, Seed, Series B
  • Geography: United States, Canada, Italy

Investor stats

  • Total investments: 128
  • Lead/follow: no public data

Portfolio highlights

  • Ayar Labs — Ayar Labs solves bandwidth and power bottlenecks by moving data using light. We built the world's first optical I/O chiplets.
  • Saltbox — Saltbox makes the hardest parts of running an ecommerce business simple. Explore our logistics and warehouse solutions growing eCommerce companies
  • Sizable energy — Sizable Energy addresses the critical need for secure, affordable, and sustainable energy storage. Sizable Energy patented technology and straightforward design extends pumped hydro deployment to any offshore location with a depth of at least a few hundred meters. By leveraging a novel, modular, and easily deployable method, we utilize thegravitational potential of a solution 20% heavier than seawater, like saturated sea salt brine, within seawater.
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Henkel
VC Fund · Düsseldorf, Nordrhein-Westfalen, Germany · 1 investments in Canada Oil and Gas startups

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

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Investment focus

  • Industry: Nanotechnology, E-Commerce, Electronics
  • Stage:Series A, Series B
  • Geography: United States, Germany, United Kingdom

Investor stats

  • Total investments: 15
  • Lead/follow: no public data

Portfolio highlights

  • Actnano — Actnano is a nanotechnology company that specializes in automotive, consumer electronics, and smart coating solutions that make products water-resistant. The company enables the protection of a variety of materials from water damage and harsh environmental conditions. Its technology provides a broad spectrum of transparent nano guard coatings thatcan be applied to electronic devices in a way that makes them water-resistant to IPx7 levels, enabling clients to keep their electronics and gadgets protected and last long in an economical way.actnano was founded in 2012 and is headquartered in Cambridge, Massachusetts.
  • EHRGOLS — EHRGOLS is a nutritional supplement brand that includes EHRGOLS topical glucosamine and high-concentration fish.
  • AGORA — Agora World discover and create honest beauty content.
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Bullpen Capital
VC Fund · Menlo Park, California, United States · 1 investments in Canada Oil and Gas startups

Bullpen is a venture capital fund that invests post-seed capital into early stage companies.

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Investment focus

  • Industry: Software, SaaS, E-Commerce
  • Stage:Series A, Seed, Series B
  • Geography: United States, Canada, Brazil

Investor stats

  • Total investments: 172
  • Lead/follow: no public data

Portfolio highlights

  • Starcity — Starcity is a San Francisco-based owner and operator of Coliving communities. As of early 2020, Starcity has just under 500 beds in operation across San Francisco, Oakland, and Los Angeles, with a current committed development pipeline of approximately 2,000 units.Their 45-person team spans multiple disciplines including real estate, technology,design, and hospitality with employees from companies like Airbnb, CBRE, Cushman & Wakefield, Fairmont Hotels, FivePoint, Google, Tesla, Lyft, SoulCycle, The Standard, and Uber. They are urban housing enthusiasts on a mission to make great cities accessible to everyone.Starcity’s approach is different from other groups in the Coliving space. They are set up as both a General Partner and Operator with full-stack real estate development, design, and management capabilities. They love working on all aspects of design to maintain a keen focus on project details, and they enjoy having skin in the game when the opportunity presents itself.
  • Ciphero AI — Ciphero is the first AI Verification Layer that collects, verifies, and governs all corporate AI interactions, promoting safe and ethical AI use across all enterprises.
  • CruxOCM — Crux OCM: Automate your oil and gas control room operations
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BDC Venture Capital
VC Fund · Calgary, Alberta, Canada · 1 investments in Canada Oil and Gas startups

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.

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Investment focus

  • Industry: Software, Information Technology, Artificial Intelligence
  • Stage:Series A, Seed
  • Geography: Canada, United States, Japan

Investor stats

  • Total investments: 408
  • Round size: Seed $603k–$5M; Series A $3.3M–$17M
  • Lead/follow: 27% lead, 73% follow

Portfolio highlights

  • Expeto — Expeto is the world’s first and market leading “carrier-grade” Private Mobile Networking (PMN) platform that allows enterprises to confidently extend public and private mobile networks as one secure corporate WAN without losing control of their data or devices. Unlike hardware-heavy legacy solutions, Expeto is a containerized, software solutionpurpose-built to install behind the firewall, from the cloud, at the edge, or on prem. Affordably offered “as-a-service” and easily managed by IT, Expeto is as easy to deploy and manage as a Wi-Fi network.
  • Axonify — Axonify provides eLearning software, interval reinforcement solutions, and gamified learning. Using principles of interval reinforcement and incorporating the realities of how emerging workforces learn in today’s environment, Axonify enables its customers to make training stick and improve employee performance.
  • Optessa — Optimize factory operations and multi-factory supply chains through solutions that enable the future of complex manufacturing.
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Raven Indigenous Capital Partners
VC Fund · Vancouver, British Columbia, Canada · 1 investments in Canada Oil and Gas startups

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.

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Investment focus

  • Industry: Information Technology, Software, Insurance
  • Stage:Seed, Series A
  • Geography: Canada

Investor stats

  • Total investments: 13
  • Lead/follow: no public data

Portfolio highlights

  • florrent — We're engineering the future of reliable electricity
  • AdvancedAG — AdvancedAG is a biotechnology research company that cultivates specialized bacteria to improve soil and crop health.
  • Artemis — Artemis monitors your data stack, finds issues, and automatically fixes them before they impact you.
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Industry Ventures
VC Fund · San Francisco, California, United States · 1 investments in Canada Oil and Gas startups

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

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Investment focus

  • Industry: Software, Analytics, SaaS
  • Stage:Series B, Series A, Series C
  • Geography: United States, Canada, Israel

Investor stats

  • Total investments: 175
  • Lead/follow: no public data

Portfolio highlights

  • LightSpun — LightSpun is an AI-powered platform designed to transform and streamline healthcare administration, specifically dental insurance administration.
  • Cyberhaven — DLP works for 1% of companies; fortunately there is Cyberhaven for the other 99%. Cyberhaven makes data protection simple, accurate, and comprehensive. With it's Data Detection and Response (DDR) platform, Cyberhaven automatically discovers and classifies data, provides continuous risk detection, delivers accurate blocking and incidentresponse, and improves user behavior.
  • Manifold — Building scientific infrastructure for the modern era
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Root Ventures
VC Fund · San Francisco, California, United States · 1 investments in Canada Oil and Gas startups

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.

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Investment focus

  • Industry: Software, Artificial Intelligence, Machine Learning
  • Stage:Seed, Series A, Series B
  • Geography: United States, Canada, Denmark

Investor stats

  • Total investments: 99
  • Lead/follow: no public data

Portfolio highlights

  • AllSpice.io — Allspice is a collaboration platform for hardware developers, inspired by software principles. The company was founded in 2019 and is headquartered in Boston, Massachusetts, United States.
  • Latent Technology — Latent Technology builds the next-generation animation technology for virtual worlds.
  • Zed Industries — Zed is a high-performance, multiplayer code editor from the creators of Atom and Tree-sitter.
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Angular Ventures
VC Fund · London, England, United Kingdom · 1 investments in Canada Oil and Gas startups

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

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Investment focus

  • Industry: Software, SaaS, Machine Learning
  • Stage:Seed, Pre-Seed, Series A
  • Geography: Israel, United States, United Kingdom

Investor stats

  • Total investments: 62
  • Lead/follow: no public data

Portfolio highlights

  • Belidor — Belidor Helps preconstruction teams win more bids with AI bid leveling and bid management tools.
  • Tensorleap — Debugging & explainability platform for deep-learning: find failures and edge cases, see why they happen, get the optimal data or model fix, and monitor in production.
  • groundcover — Instantly pinpoint bleeding issues in production & troubleshoot quickly with groundcover. All with zero code changes.
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Pason Systems
VC Fund · Calgary, Alberta, Canada · 1 investments in Canada Oil and Gas startups

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.

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Investment focus

  • Industry: Energy, Oil and Gas, Manufacturing
  • Stage:Corporate Round
  • Geography: Canada

Investor stats

  • Total investments: 2
  • Lead/follow: no public data

Portfolio highlights

  • Intelligent Wellhead Systems — Intelligent Wellhead Systems is a privately-owned oil and gas technology and service company that provides proprietary and unique surface control systems for the oil and gas industry. The company specializes in the development and deployment of unique pressure control systems. It was founded in 2011 and headquartered in Calgary, Alberta.
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East Valley Ventures
VC Fund · Saint John, New Brunswick, Canada · 1 investments in Canada Oil and Gas startups

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

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Investment focus

  • Industry: Software, Information Technology, SaaS
  • Stage:Seed, Angel
  • Geography: Canada, United States

Investor stats

  • Total investments: 45
  • Lead/follow: no public data

Portfolio highlights

  • Passiv — Passiv makes it easy for you to manage your portfolio so that you can save more for retirement and spend more of your time enjoying life.
  • CIRCLES — You spend 1 hour a month with us on Zoom. We guide your content creation, build your LinkedIn funnel and bring in leads with 10x performing daily video campaigns.
  • Picketa Systems — Picketa Systems equips agribusinesses with Analysis Stations to perform plant tissue analysis in seconds
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Hatch
VC Fund · Mississauga, Ontario, Canada · 1 investments in Canada Oil and Gas startups

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.

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Investment focus

  • Industry: Energy, Renewable Energy, Environmental Engineering
  • Stage:Seed, Series A
  • Geography: Canada, United States, United Kingdom

Investor stats

  • Total investments: 5
  • Lead/follow: no public data

Portfolio highlights

  • Flyscan — Energy companies: our technology is a major asset in protecting the integrity of your pipelines and right-of-ways.
  • Origen — Origen Carbon Solutions provides scalable limestone-based direct air capture technology to permanently reduce CO2 levels in the atmosphere. The company focuses on carbon removal and industrial technology, leveraging the power of limestone to sequester CO2. Origen collaborates with various stakeholders to restore the atmosphere and mitigate climatechange impacts.
  • General Fusion — General Fusion is developing fusion energy: a clean, safe, abundant and on-demand approach to generating electricity.
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EIC Rose Rock
VC Fund · Tulsa, Oklahoma, United States · 1 investments in Canada Oil and Gas startups

A coalition to catalyze energy innovation.

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Investment focus

  • Industry: Software, Mining, Real Time
  • Stage:Seed, Series A
  • Geography: United States

Investor stats

  • Total investments: 8
  • Lead/follow: no public data

Portfolio highlights

  • Element3 Resources — Element3 Resources extracts lithium from oil and gas wastewater.
  • Salient — Salient Predictions uses ML & ocean data to provide long range weather forecast for use in diverse industries.
  • CruxOCM — Crux OCM: Automate your oil and gas control room operations
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CSN Inova Ventures
VC Fund · São Paulo, Sao Paulo, Brazil · 1 investments in Canada Oil and Gas startups

Corporate Venture Capital vehicle of Companhia Siderúrgica Nacional (CSN)

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Investment focus

  • Industry: Renewable Energy, Energy, Energy Management
  • Stage:Seed, Series A, Series B
  • Geography: Brazil, United States, Israel

Investor stats

  • Total investments: 11
  • Lead/follow: no public data

Portfolio highlights

  • H2Pro — H2Pro is a renewable energy company that is working on an efficient green hydrogen production method - E-TAC. Its mission is to enable the wide-scale adoption of sustainable hydrogen fuel by introducing a novel water-splitting technology.
  • 1s1 Energy — Hydrogen Not Carbon Affordable green hydrogen enabled by boron based chemistry. Learn more Industry-leading electrolyzers Proprietary technology 1s1
  • EnviCore — EnviCore provides sustainable cementitious materials produced from a wide variety of materials ranging from tailings minerals to commercially available clays and pozzolan.
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Phaze Ventures
VC Fund · Muscat, Masqat, Oman · 1 investments in Canada Oil and Gas startups

Phaze Ventures is an early stage venture capital firm and innovation platform headquartered in Oman

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Investment focus

  • Industry: Generative AI, Artificial Intelligence, Software
  • Stage:Series A, Seed, Pre-Seed
  • Geography: Oman, United States, United Arab Emirates

Investor stats

  • Total investments: 21
  • Lead/follow: no public data

Portfolio highlights

  • qeen.ai — qeen.ai is a GenAI native platform that enables autonomous AI to e-commerce firms of all sizes.
  • Sully.ai — Sully is deploying autonomous medical workers into healthcare organizations to address the most expensive line item in healthcare: payroll ($800b/yr in the US alone). Today, Sully's autonomous workers can perform most medical staff tasks 100x faster and 20x cheaper. From Digital Triage Nurses and Autonomous Medical Assistants to DigitalScribes and Digital Receptionists, our workers can automate patient check-in, assessments, documentation, diagnosis support, and billing that integrates with Electronic Health Records (EHRs)
  • Tarjama — Translation services, certified translation agency, legal translation, medical translation, website translation, video translation, and subtitling.
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Golden Ventures
VC Fund · Toronto, Ontario, Canada · 1 investments in Canada Oil and Gas startups

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.

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Investment focus

  • Industry: Software, Artificial Intelligence, Information Technology
  • Stage:Seed, Series A, Series B
  • Geography: Canada, United States, Japan

Investor stats

  • Total investments: 176
  • Lead/follow: no public data

Portfolio highlights

  • BenchSci — BenchSci is the world leader in AI-Assisted Reagent Selection and Experiment Design. Our preclinical R&D SaaS platform uses machine learning to help pharmaceutical companies increase their research velocity.
  • SkipTheDishes — SkipTheDishes is a North American technology company seamlessly connecting people to local restaurants and food couriers, making great food more accessible. Through the SkipTheDishes network, restaurants gain more business, food couriers earn extra income on their own schedule, and busy customers are able to gain time by ordering from hundreds oflocal restaurants and national chains that never offered delivery before. From the founding of our network in 2012 to our expansion to 20 cities, SkipTheDishes is advancing the future of food delivery.
  • Dominion Dynamics — Dominion Dynamics is an advanced technology firm building a dual-use, AI-driven Arctic sensing network designed for both military and civilian applications, focusing on seamless multi-domain coordination and persistent regional surveillance.
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ONEOK
VC Fund · Tulsa, Oklahoma, United States · 1 investments in Canada Oil and Gas startups

ONEOK is a publicly-traded limited partnership engaged in natural gas liquids, natural gas pipelines, and natural gas gathering and processing. It is a Fortune 500 company and is included in Standard & Poor's (S&P) 500 Stock Index. Originally founded in 1906 as an intrastate natural gas pipeline business in Oklahoma, today ONEOK isone of the nation's premier energy companies involved in the natural gas and natural gas liquids businesses. Its business segments provide safe, reliable energy and services to their diverse customers. By following a strategy that blends the performance and profitability of all of the segments, ONEOK is able to deliver sustainable earnings growth for shareholders. ONEOK’s success is driven by employees who strive to better not only their company but also the communities in which they live.

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Investment focus

  • Industry: Internet, Aerospace, Oil and Gas
  • Geography: United States

Investor stats

  • Total investments: 2
  • Lead/follow: no public data

Portfolio highlights

  • Orbital Sidekick — Orbital Sidekick utilizes hyperspectral technology - capturing hundreds of narrow contiguous spectral bands, from visible light through infrared. The company develops a space-based infrastructure of hyperspectral sensors to provide monitoring services to the energy sector.Orbital Sidekick was founded in 2016 and is headquartered in San Francisco,California, United States.
  • CruxOCM — Crux OCM: Automate your oil and gas control room operations
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Heidelberg Materials
VC Fund · Heidelberg, Baden-Wurttemberg, Germany · 1 investments in Canada Oil and Gas startups

Heidelberg Materials is a manufacturing company that manufactures building materials such as cement, concrete, and aggregates.

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Investment focus

  • Industry: Mining, CleanTech, Oil and Gas
  • Stage:Seed
  • Geography: Canada

Investor stats

  • Total investments: 1
  • Lead/follow: no public data

Portfolio highlights

  • EnviCore — EnviCore provides sustainable cementitious materials produced from a wide variety of materials ranging from tailings minerals to commercially available clays and pozzolan.
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M12 - Microsoft's Venture Fund
VC Fund · San Francisco, California, United States · 1 investments in Canada Oil and Gas startups, 10 in the past 12 months

M12 are a venture capital fund, by Microsoft. Our investment teams are based globally to support your business from start up funding to Series C investment.

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Investment focus

  • Industry: Software, Artificial Intelligence, Machine Learning
  • Stage:Series A, Series B, Series C
  • Geography: United States, Israel, United Kingdom

Investor stats

  • Total investments: 242
  • Lead/follow: no public data

Portfolio highlights

  • nEYE Systems — NEye Systems develops programmable photonic integrated circuits that integrate high-radix optical circuit switching on silicon chips. These optical switches aim to address challenges in AI and machine learning systems by reducing power requirements and facilitating network expansion. The company's technology, based on over a decade of researchfrom Professor Ming Wu's lab at UC Berkeley, utilizes MEMS-based silicon photonics to create wafer-scale optical circuit switches. These switches are designed to provide direct optical connections among GPUs and memory units, potentially enhancing performance and scalability in data centers. NEye Systems has secured funding from investors, including CapitalG, M12, Micron Ventures, and NVIDIA.​
  • Upscale — Upscale your brand with AI-powered video ads that generate, target, and optimize for real performance on TV and digital platforms.
  • Eventual — Eventual is tackling one of the hardest infrastructure problems in AI: making multimodal data (images, video, audio) as easy to process as SQL tables. While every company races to build AI applications, they're stuck forcing tools designed for bank transactions to handle petabytes of video and images. Our platform eliminates months ofinfrastructure work, letting developers query massive multimodal datasets with simple Python scripts that automatically scale. Built on our open-source Daft engine, we deliver 10x performance improvements and handle all the messy realities of production AI workloads—from out-of-memory errors to flaky API calls. We're already processing petabytes daily at companies like Amazon, Together AI, and CloudKitchens, powering everything from autonomous vehicles to foundation model training
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Anzu Partners
VC Fund · Washington, District of Columbia, United States · 1 investments in Canada Oil and Gas startups

Anzu Partners invests in breakthrough clean tech, industrial, and life science technologies with $1B in assets under management across venture, credit, and public structures.

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Investment focus

  • Industry: Biotechnology, Software, Manufacturing
  • Stage:Series A, Series B
  • Geography: United States, Canada, Spain

Investor stats

  • Total investments: 77
  • Round size: Series A $6M–$25M; Series B $5M–$55M
  • Lead/follow: 52% lead, 48% follow
  • Last fund: Likely still investing — raised $100M in 2024

Portfolio highlights

  • EnCharge AI — AI Compute from the Edge-to-Cloud for Every Business. Transformative technology for AI computation, breaking records in efficiency and sustainability to enable state-of-the-art models uninhibited by power, space, and cost constraints.
  • InterVenn — InterVenn focuses on the identification, quantification, and classification of Glycoproteomic and other PTM signals found in human blood and tissue for biomarker and target discovery. It specializes in the fields of biotechnology and life science. The company's VISTA is the first commercially available platform that can assess (serum orplasma) protein glycosylation in a site-specific manner, across thousands of peptides and glycopeptides.It was founded in 2017 and headquartered in Redwood City, California.
  • South 8 Technologies — South 8's LiGas cells are engineered to deliver unmatched performance and safety in the most demanding environments.
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Natural Resources Canada
VC Fund · Ottawa, Ontario, Canada · 1 investments in Canada Oil and Gas startups

Natural Resources Canada is a company of resources and information about the protection of natural land and water.

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Investment focus

  • Industry: Energy, Renewable Energy, Non Profit
  • Stage:Grant, Post-IPO Equity, Series A
  • Geography: Canada, United States, Norway

Investor stats

  • Total investments: 197
  • Round size: Grant $141k–$5M; Post-IPO Equity $589k–$5M
  • Lead/follow: 94% lead, 6% follow

Portfolio highlights

  • NB Power
  • Hydro-Quebec
  • Defense Metals — Defense Metals is a mineral exploration company that specializes in the acquisition of mineral deposits containing metals and elements. Defense Metals is committed to providing the world with resources necessary to provide reliable energy as well as defend and protect nations globally.
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Cycle Capital
VC Fund · Montréal, Quebec, Canada · 1 investments in Canada Oil and Gas startups

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.

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Investment focus

  • Industry: Manufacturing, Energy, Electronics
  • Stage:Series B, Seed
  • Geography: Canada, United States, Germany

Investor stats

  • Total investments: 82
  • Round size: Seed $55k–$2.3M; Series B $5.7M–$27M
  • Lead/follow: 39% lead, 61% follow
  • Last fund: May invest from a new fund soon — raised $145M in 2020

Portfolio highlights

  • Airex Energy — Airex Energy provides solutions for a sustainable future. Helping reduce greenhouse gas emissions and remove carbon from the atmosphere.
  • Thymox Technology — A powerful, non-toxic botanical disinfectant that kills 99.9% of bacteria, fungi and molds as well as COVID-19. Thymox is safe for you and your family.
  • YWire technologies — Based in Montreal, YWire Technologies designs, manufactures and sells lighting control devices for the commercial buildings market. Founded by three building automation industry veterans in 2009, YWire designs products targeted specifically at lowering the installed cost of integrated systems across the market. The FiveSeries Lighting ControlSystem is the first building-level command and control system in the world to use Broadband over Power Line for device networks and integration into Building Automation Systems.
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Greylock
VC Fund · Menlo Park, California, United States · 1 investments in Canada Oil and Gas startups

Greylock Partners is a leading venture capital firm based in Silicon Valley. We are early partners of remarkable teams building companies that matter.

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Investment focus

  • Industry: Software, Information Technology, Enterprise Software
  • Stage:Series A, Series B, Seed
  • Geography: United States, United Kingdom, Israel

Investor stats

  • Total investments: 771
  • Round size: Seed $1.2M–$16M; Series A $5M–$40M; Series B $10M–$62M
  • Lead/follow: 32% lead, 68% follow
  • Last fund: Likely still investing — raised $1B in 2023

Portfolio highlights

  • Tidemark — Tidemark is a flexible financial planning software for workflow management that saves time & improves collaboration across the organization. Learn more here.
  • Gladly — Customer service platform for B2C companies to maximize the lifetime value of their customers. Gladly empowers agents without tickets.
  • Full Capture Solutions — Full Capture Solutions, Inc. develops predictive, analytic-driven solutions for the insurance industry. Its analytic technology is applied to insurance claims for discovery, forensic analysis, and predictive modeling. Its applications include automobile, environmental, liability, property, workers compensation, and recovery operations. Full CaptureSolutions, was founded in 2004 and is headquartered in East Hartford, Connecticut.
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Cenovus Energy
VC Fund · Calgary, Alberta, Canada · 1 investments in Canada Oil and Gas startups

Cenovus Energy is an integrated energy company that develops, produces, transports and markets crude oil, natural gas and related products across the full value chain. The company operates oil sands and heavy oil projects in northern Alberta alongside conventional oil and gas operations in western Canada. It also maintains downstream capabilitiesthrough refining and upgrading in Canada and the United States — enabling it to convert raw resources into refined fuels and products. Cenovus applies technologies for heavy-oil recovery and engages in logistics and marketing to deliver products to market. Through its integrated model, the company aims to capture value across exploration, production, transportation and refining activities.

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Investment focus

  • Industry: Energy, Water, Robotics
  • Stage:Series C, Corporate Round
  • Geography: Canada, United States

Investor stats

  • Total investments: 4
  • Lead/follow: 50% lead, 50% follow

Portfolio highlights

  • Skyonic — In the market for air purifiers? Don't risk buying a lemon. Skyonic reviews the top air purifiers on the market so you make the right choice. Start here!
  • MEG Energy
  • Hifi Engineering — Our HDS monitoring platform and turnkey services help our clients operate the smartest, most reliable pipelines in the world.
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Angel Invest
VC Fund · Frankfurt, Hessen, Germany · 1 investments in Canada Oil and Gas startups

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

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Investment focus

  • Industry: Software, Artificial Intelligence, SaaS
  • Stage:Seed, Pre-Seed, Series A
  • Geography: Germany, United Kingdom, United States

Investor stats

  • Total investments: 161
  • Round size: Seed $1.6M–$6.8M; Pre-Seed $530k–$3.2M; Series A $4.7M–$21M
  • Lead/follow: 3% lead, 97% follow

Portfolio highlights

  • Modeinspect — acreom is the integrated markdown knowledge base with tasks. Your personal daily driver for your dev workflow.
  • Ivy — We are building a global API for instant bank payments
  • Causa Prima
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ZhenFund
VC Fund · Beijing, Beijing, China · 1 investments in Canada Oil and Gas startups

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.

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Investment focus

  • Industry: Artificial Intelligence, Software, E-Commerce
  • Stage:Series A, Seed, Angel
  • Geography: China, United States, Singapore

Investor stats

  • Total investments: 373
  • Round size: Seed $650k–$20M; Angel $425k–$21M; Series A $1.4M–$28M
  • Lead/follow: 16% lead, 84% follow
  • Last fund: Likely still investing — raised $130M in 2022

Portfolio highlights

  • ImageDT — ImageDT is a Enterprise services company.
  • Snowplus — SNOWPLUS is an e-cigarette brand that provides users with e-cigarette products through a combination of online and offline sales models. The products are available in 12 different types of flavors. The products use TrueFeel honeycomb ceramic atomization technology and Aeroflow intake. Technology; In addition to reference to the existing food-gradestandards in China, Xuejia has also passed a number of third-party certifications in terms of safety. The core components such as atomizing core and cigarette holder comply with the highest medical safety standards of the FDA and the European Union.
  • Futuring Robot — Futuring Robot is a developer of dual-arm home service robots focusing on C-end home scenarios.
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Bild Alternative Investments Corporation
VC Fund · Markham, Ontario, Canada · 1 investments in Canada Oil and Gas startups

BAI Corporation makes investments in people & solutions that address our most pressing societal & environmental issues & concerns.

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Investment focus

  • Industry: Energy, Software, Health Care
  • Geography: United States, Canada

Investor stats

  • Total investments: 10
  • Lead/follow: 10% lead, 90% follow

Portfolio highlights

  • Artemis — Precision Agriculture Specialists for Precision Growing
  • Genera Energy — SUSTAINABLE FIBER SOLUTIONS Ag-based Fiber for Sustainable Products Genera simplifies your supply chain with domestically produced ag-based pulp and molded fiber products. Partnering with regional farmers, Genera provides a sustainable farm to finished product solution. SHOP EARTHABLE
  • Better Earth LLC — Better Earth - High-quality, BPI-certified, tree-free compostable food service packaging and retail tableware made from renewable materials. Helping businesses meet sustainability goals and boost the circular economy.
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Space Capital
VC Fund · New York, New York, United States · 1 investments in Canada Oil and Gas startups, 8 in the past 12 months

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!

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Investment focus

  • Industry: Aerospace, Software, Space Travel
  • Stage:Seed, Series A, Series B
  • Geography: United States, Canada, United Kingdom

Investor stats

  • Total investments: 97
  • Round size: Seed $1.9M–$10M; Series A $4M–$45M; Series B $11M–$45M
  • Lead/follow: 23% lead, 77% follow
  • Last fund: Likely still investing — raised $14M in 2023

Portfolio highlights

  • Vast — Vast designs and develops commercial space stations for long-duration human missions, including concepts that use artificial gravity. The company engineers pressurized modules, habitation systems, power and thermal control, and docking interfaces, and integrates crew transportation via partner launch providers. Programs include Haven-1 and a largermodular station architecture that supports microgravity research, in-space manufacturing, and private astronaut expeditions. VAST SPACE, LLC collaborates with SpaceX for Crew Dragon missions and works with government and industry under collaborative agreements. Capabilities span mission design, payload accommodation, and on-orbit operations to enable sustained human presence in low Earth orbit and beyond.
  • Varda — Expanding the economic bounds of humankind with the world's first orbital manufacturing & reentry platform.
  • Lux Aeterna — Lux Aeterna is a space infrastructure company that focuses on orbital activities through reentry and reusability.
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The Ontario Capital Growth
VC Fund · Toronto, Ontario, Canada · 1 investments in Canada Oil and Gas startups

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).

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Investment focus

  • Industry: Energy, Software, Video
  • Stage:Series A, Series B
  • Geography: Canada

Investor stats

  • Total investments: 8
  • Round size: Series A $1.6M–$5M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Verold (zyenti) — Verold is an online visual editor that allows users to integrate 3D models into their presentations. The platform provides a studio that enables users to customize the lighting and environment setup of their project. They can also add animations, audio, and video assets and share their output in the web through Verold’s embeddable player.In2015, Verold was acquired by Box.
  • Vive Crop Protection — Vive makes effective and sustainable pesticides for organic and non-organic production. The company was founded in 2006 and is headquartered in Mississauga, Ontario, Canada.
  • Smart Energy Instruments — Electronic Tools and Instrumentation
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Export Development Canada
VC Fund · Ottawa, Ontario, Canada · 1 investments in Canada Oil and Gas startups, 18 in the past 12 months

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.

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Investment focus

  • Industry: Software, Manufacturing, Renewable Energy
  • Stage:Series B, Series A
  • Geography: Canada, United States, United Kingdom

Investor stats

  • Total investments: 234
  • Round size: Series A $3.5M–$22M; Series B $5M–$50M
  • Lead/follow: 31% lead, 69% follow

Portfolio highlights

  • Photonic — We are building a new world through scalable, fault-tolerant quantum technologies.
  • Green Circuits — GC designs and manufactures electronics circuit boards for the aerospace, defense, and health tech industries.
  • Troilus Gold — Troilus Gold is a Canadian based development stage resource company focused on the potential restart and mineral expansion of the former producing Troilus gold and copper mine, located within the Frotêt-Evans Greenstone Belt in Quebec.
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Fuel Capital
VC Fund · Burlingame, California, United States · 1 investments in Canada Oil and Gas startups

Fuel Capital is a seed stage venture capital firm investing in consumer, SaaS and infrastructure businesses.

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Investment focus

  • Industry: Software, E-Commerce, Information Technology
  • Stage:Seed, Series A, Pre-Seed
  • Geography: United States, Spain, Canada

Investor stats

  • Total investments: 143
  • Round size: Seed $1.7M–$6M; Pre-Seed $1.1M–$3.8M; Series A $5M–$20M
  • Lead/follow: 9% lead, 91% follow

Portfolio highlights

  • Charm — We build tools to make the command line glamorous.
  • Rosebud — Rosebud's therapist-backed platform combines AI with interactive journaling, habit-building, and emotional support. See significant improvements in just 7 days.
  • Prelude — Supercharge your hiring process & the candidate experience. Our interview scheduling platform goes beyond interview coordination so you can focus on recruiting (not scheduling).
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Sprout Fund LP
VC Fund · Edmonton, Alberta, Canada · 1 investments in Canada Oil and Gas startups

Sprout Fund invests in seed- and early-stage companies with Series-A funding potential. The fund leverages the collective experience of its Managing and Limited Partners to mentor and fund high-potential technology companies. It was founded in 2018 and is headquartered in Edmonton, Alberta.

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Investment focus

  • Industry: Software, Information Technology, Marketing
  • Stage:Seed, Pre-Seed, Series A
  • Geography: Canada, United States

Investor stats

  • Total investments: 15
  • Round size: Seed $951k–$2.4M; Pre-Seed $75k–$787k
  • Lead/follow: 40% lead, 60% follow
  • Last fund: Likely still investing — fund raised in 2023

Portfolio highlights

  • Glowtify — Manage everything you need to grow in one place: strategy, planning, content creation, campaign execution & more with our AI Marketing OS.
  • Rithmik Solutions — We increase uptime in mines with advanced analytics that optimize maintenance and extend equipment life.
  • Light Strike Array — Discover Light Strike Array, a crystalpunk VR tactics-brawler where martial-arts physicality meets deep teamplay.
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UBC Seed Fund
VC Fund · 1 investments in Canada Oil and Gas startups

UBC Seed Fund

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Investment focus

  • Industry: Robotics, Industrial, Health Care
  • Stage:Seed, Pre-Seed
  • Geography: Canada

Investor stats

  • Total investments: 6
  • Round size: Seed $951k–$2.6M
  • Lead/follow: 67% lead, 33% follow

Portfolio highlights

  • Ideon Technologies — Ideon reduces geologic uncertainty, enabling mining companies to confidently identify, map, monitor, and target mineral deposits and other subsurface anomalies.
  • Sonic Incytes — VELACUR is a fatty liver disease NIT quantifying real-time measurements of stiffness and attenuation in a point of care setting.
  • Variational AI — We are a team of AI/machine learning and business specialists using advanced generative AI for drug discovery. We collaborate closely with biopharmaceutical partners to develop new therapeutics across disease areas, aiming to positively impact lives.
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Oil and Gas VC funding in Canada at a glance

Stats across 369 deals from 319 investors.

319
investors
in Canada Oil and Gas startups
369
deals
in Canada Oil and Gas startups
$6.6M
median round
in Canada Oil and Gas startups
55%
lead investors
lead at least one round
24%
Grant
most common funding stage

Access all 319 VC funds in Canada Oil and Gas startups.

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