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Top 50 Oil and Gas VC Funds & Investors in Canada (September 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, Venture - Series Unknown Oil and Gas, Energy, Manufacturing $325k–$5.8M
BDC Capital Cleantech Practice
VC Fund
6 Canada, United States Venture - Series Unknown, Series A, Series C Renewable Energy, Energy, Manufacturing $3.6M–$125M
Advanced Technology Centre
VC Fund
6 Canada Pre-Seed, Seed Software, Oil and Gas, Information Technology
Evok Innovations
VC Fund
5 Canada, United States, Israel Series A, Seed, Series B Energy, Chemical, Oil and Gas $2.5M–$57M
Glasswing Ventures
VC Fund
4 United States, Canada Seed, Series A, Pre-Seed Software, Artificial Intelligence, Information Technology $220k–$20M
Business Development Bank of Canada
VC Fund
4 Canada, United States, Argentina Seed, Series A Software, Information Technology, Manufacturing $275k–$18M
VA Angels
VC Fund
3 Canada, United States, India Seed, Debt Financing Health Care, Software, Information Technology $108k–$1.5M
Root Ventures
VC Fund
3 United States, Canada, Denmark Seed, Series A, Series B Software, Artificial Intelligence, Machine Learning $2M–$45M
Angular Ventures
VC Fund
3 Israel, United States, United Kingdom Seed, Pre-Seed, Series A Software, SaaS, Artificial Intelligence $622k–$45M
Golden Ventures
VC Fund
3 Canada, United States, United Kingdom Seed, Series A, Series B Software, Artificial Intelligence, Information Technology $1.5M–$49M
Enbridge
VC Fund
3 Canada, United States, Japan Series C, Venture - Series Unknown Energy, Manufacturing, Oil and Gas $4.3M–$100M
BDC Venture Capital
VC Fund
2 Canada, United States, Japan Series A, Seed Software, Information Technology, Artificial Intelligence $600k–$20M
Export Development Canada
VC Fund
2 Canada, United States, United Kingdom Series B, Series A Software, Manufacturing, Renewable Energy $3.7M–$50M
GreenSky Ventures
VC Fund
2 Canada, United States, United Kingdom Seed, Venture - Series Unknown, Series A Software, Information Technology, Artificial Intelligence $709k–$12M
Accelerate Fund
VC Fund
2 Canada, United States Seed, Series A Software, Health Care, Medical $961k–$13M
Bullpen Capital
VC Fund
2 United States, Canada, Brazil Series A, Seed, Series B Software, SaaS, Mobile $1.5M–$65M
Fulcrum Global Capital
VC Fund
2 United States, Canada, India Series A, Series B, Venture - Series Unknown Biotechnology, Agriculture, Farming $2M–$20M
Regeneration.VC
VC Fund
2 United States, United Kingdom, The Netherlands Series A, Seed, Series B Software, Manufacturing, Fashion $2.1M–$30M
Equinor Technology Ventures
VC Fund
2 United States, Norway, Canada Series B, Series A, Venture - Series Unknown Oil and Gas, Energy, Software $4M–$40M
Sustainable Development Technology Canada
VC Fund
2 Canada, United States, Brazil Grant, Seed, Pre-Seed Manufacturing, Energy, Renewable Energy $73k–$7.4M
MaRS Investment Accelerator Fund
VC Fund
2 Canada, United States Seed, Pre-Seed, Series A Software, Health Care, Analytics $368k–$14M
Sallyport Investments
VC Fund
2 United States, Canada Series A, Series B, Seed Software, Analytics, Artificial Intelligence $13M–$15M
Rice Investment Group
VC Fund
2 United States, Canada Seed, Series A, Private Equity Oil and Gas, Energy, Software $2M–$22M
Moment Ventures
VC Fund
2 United States, Canada, Pakistan Seed, Series A, Series B Software, SaaS, Information Technology $1.8M–$31M
Fonds de solidarité FTQ
VC Fund
2 Canada, United States, Israel Venture - Series Unknown, Series A Manufacturing, Biotechnology, Health Care $500k–$50M
Angel Invest
VC Fund
2 Germany, United Kingdom, United States Seed, Pre-Seed, Series A Software, Artificial Intelligence, SaaS $530k–$21M
Hillside Ventures
VC Fund
2 United States, Canada Seed, Series A Energy, EdTech, CleanTech $723k–$3M
Industry Ventures
VC Fund
2 United States, Canada, Israel Series B, Series A, Series C Software, SaaS, Analytics $7M–$250M
CEAS Investments
VC Fund
2 United States, Canada, Mexico Seed, Series A, Series B Software, Information Technology, SaaS $1.4M–$140M
Graphite Ventures
VC Fund
2 Canada, United States Seed, Series A, Pre-Seed Software, Health Care, Artificial Intelligence $729k–$31M
LOI Venture
VC Fund
2 Canada, United States, Israel Seed, Pre-Seed, Series A Software, SaaS, Internet $100k–$15M
Hatch
VC Fund
2 Canada, United States, United Kingdom Post-IPO Equity, Seed Energy, Mining, Mineral $616k–$4.1M
Foresight Canada
VC Fund
2 Canada Pre-Seed Oil and Gas, Battery, Software
Energy Innovation Capital
VC Fund
2 United States, Canada, Australia Series B, Series A, Series C Energy, Oil and Gas, Manufacturing $3.5M–$50M
West Coast Ventures Inc.
VC Fund
2 Canada Pre-Seed, Series A Security, CleanTech, Oil and Gas
SLB
VC Fund
2 United States, United Kingdom, Canada Series B, Series A, Series C Energy, Manufacturing, Oil and Gas $10M–$105M
Investeco Capital
VC Fund
2 Canada, United States, Portugal Seed, Venture - Series Unknown Food and Beverage, Organic Food, Manufacturing $250k–$40M
Tribune Capital
VC Fund
2 Canada, United States Seed, Series A Oil and Gas, Software, SaaS $557k–$24M
Space Capital
VC Fund
2 United States, Canada, United Kingdom Seed, Series A, Series B Aerospace, Information Technology, Space Travel $1.9M–$45M
Pason Systems
VC Fund
1 Canada Corporate Round Energy, Oil and Gas, Manufacturing
M12 - Microsoft's Venture Fund
VC Fund
1 United States, Israel, United Kingdom Series A, Series B, Seed Software, Artificial Intelligence, Machine Learning
Phaze Ventures
VC Fund
1 Oman, United States, United Arab Emirates Series A, Seed, Pre-Seed Generative AI, Artificial Intelligence, Software
Pipeline Capital
VC Fund
1 United States, Spain, Australia Seed, Pre-Seed, Series A Software, FinTech, Financial Services
Standish Spring Investments
VC Fund
1 United States, Canada, Germany Series A, Seed, Pre-Seed Renewable Energy, Manufacturing, Software
Soma Capital
VC Fund
1 United States, India, Mexico Seed, Pre-Seed, Series A Software, Artificial Intelligence, FinTech $400k–$35M
Yaletown Partners
VC Fund
1 Canada, United States, Belgium Series A, Series B, Seed Software, Enterprise Software, Manufacturing $603k–$54M
Greylock
VC Fund
1 United States, United Kingdom, Israel Series A, Series B, Seed Software, Information Technology, Enterprise Software $1.2M–$65M
Shell Ventures
VC Fund
1 United States, United Kingdom, India Series A, Series B, Venture - Series Unknown Energy, Renewable Energy, Software $2.4M–$126M
Wing Venture Capital
VC Fund
1 United States, Israel, Canada Series A, Seed, Series B Software, Artificial Intelligence, Information Technology $3.3M–$75M
Cenovus Energy
VC Fund
1 Canada, United States Series C, Corporate Round Energy, Water, Robotics
Access all 399 VC funds in Canada Oil and Gas startups.

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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, Venture - Series Unknown
  • Geography: Canada, United States

Investor stats

  • Total investments: 59
  • Round size: Seed $931k–$5.8M; Venture - Series Unknown $325k–$3M
  • Lead/follow: 5% lead, 95% follow
  • Last fund: May invest from a new fund soon — raised $40M in 2018

Portfolio highlights

  • 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.
  • Cadence — Cadence's Executor Assistant helps surviving family members to complete benefits claims, notifications, account subscriptions, and other tasks after a death.
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BDC Capital Cleantech Practice
VC Fund · Calgary, Alberta, Canada · 6 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:Venture - Series Unknown, Series A, Series C
  • Geography: Canada, United States

Investor stats

  • Total investments: 71
  • Round size: Series A $7.9M–$31M; Series C $9.3M–$53M; Venture - Series Unknown $3.6M–$125M
  • 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.
  • VueReal — VueReal is engineering the next electronic systems by mass integration of high-efficiency nano/micro-devices into large-area substrates (e.g., displays, sensors, system on panel, and more). They have started by making the true-life experience of micro-LED displays affordable for all applications (TV, laptop, smartphone,virtual/augmented reality, etc.). VueReal technology platform is based on the interplay of cutting-edge micro/nano-device processing, sophisticated integration technologies and advanced system design (hardware and software). VueReal technologies can enhance the experience of existing electronic systems and enable new applications by integrating millions of highly efficient micro-devices (micro-LED) into system substrate. As our Solid Printing (TM) technology works across all substrate sizes, it can develop displays ranging from super high ppi (>4000 ppi) to very large.
  • Silfab Solar — Silfab solar panels are designed and engineered specifically for the North American environment and manufactured utilizing advanced robotics.
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Advanced Technology Centre
VC Fund · Edmonton, Alberta, Canada · 6 investments in Canada Oil and Gas startups

ATC is a supportive business incubator for growth-stage technology companies in Edmonton.

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Investment focus

  • Industry: Software, Oil and Gas, Information Technology
  • Stage:Pre-Seed, Seed
  • Geography: Canada

Investor stats

  • Total investments: 23
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • STASH — No cloud. No master password. Secured by your phone. For advanced air-gapped security, use our patented Stash Card.
  • Digital Fractal Technologies — Software & Mobile App Development Company in Edmonton, AB. iPad/iPhone, Android and Windows Apps custom designed for you - Contact us for more info or a quote!
  • Pomphrey Industries — Intelligent Energy Optimization info@pomphreyindustries.co
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Evok Innovations
VC Fund · Vancouver, British Columbia, Canada · 5 investments in Canada Oil and Gas startups

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: 63
  • Round size: Seed $2.5M–$11M; Series A $5M–$57M; Series B $2.8M–$40M
  • Lead/follow: 32% lead, 68% 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 Uranium — DISA Uranium recovers uranium and vanadium from abandoned uranium mine waste and conventional mineral resources. The company remediates legacy uranium mine sites and applies High-Pressure Slurry Ablation technology to liberate and concentrate uranium-bearing material. DISA Uranium also develops domestic uranium recovery and processing capacity forproducing uranium oxide from recovered and mined feedstock.
  • 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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Glasswing Ventures
VC Fund · Boston, Massachusetts, United States · 4 investments in Canada Oil and Gas startups, 14 in the past 12 months

We invest in visionary, early-stage founders who are pushing the boundaries of possibility to reinvent enterprise and security markets with the power of AI and frontier technology.

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Investment focus

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

Investor stats

  • Total investments: 92
  • Round size: Seed $2.2M–$8.1M; Pre-Seed $220k–$2.6M; Series A $7.5M–$20M
  • Lead/follow: 49% lead, 51% follow
  • Last fund: Likely actively investing — fresh fund, raised $203M in 2025

Portfolio highlights

  • Enlaye — Digital Contracts and Network Startup, incubated at the Harvard Innovation Labs and the Harvard Business School Rock Center for Entrepreneurship.
  • Samepage — Building your second brain for product leaders
  • Provenance — Every model, deck, and source document on one record. Prove where any number came from.
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Business Development Bank of Canada
VC Fund · Montréal, Quebec, Canada · 4 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: 349
  • Round size: Seed $275k–$5M; Series A $4M–$18M
  • Lead/follow: 45% lead, 55% follow
  • Last fund: Likely still investing — raised $50M in 2023

Portfolio highlights

  • TickTrade Systems — smartTrade Technologies is a leading global provider with multi-asset electronic trading platforms, helping buy-side & sell-side institutions
  • Nanoprecise Sci Corp — Predictive Maintenance, Automated Ai Based Predictive Maintenance, Machine Doctor, Wireless Industrial Iot Sensors, Artificial Intelligence in Maintenance, Scaling Iot Solutions
  • Spring Loaded Technology — Breakthrough spring technology has delivered the world's first and only knee brace that can reduce pressure across the entire joint and power the legs.
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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: 111
  • Round size: Seed $108k–$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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Root Ventures
VC Fund · San Francisco, California, United States · 3 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: 112
  • Round size: Seed $2M–$8M; Series A $7.5M–$20M; Series B $20M–$45M
  • Lead/follow: 31% lead, 69% follow
  • Last fund: Likely still investing — fund raised in 2024

Portfolio highlights

  • Illoca — illoca empowers designers with AI-native tools for 2D drafting (Tracing Paper) and 3D modeling (Plamo).
  • Instrumental — Accelerate product maturity, de-risk ramp, and improve yields. Instrumental helps you find and fix issues you didn't even know were there.
  • Volund Manufacturing — Propulsion at scale
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Angular Ventures
VC Fund · London, England, United Kingdom · 3 investments in Canada Oil and Gas startups, 9 in the past 12 months

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

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Investment focus

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

Investor stats

  • Total investments: 76
  • Round size: Seed $2.3M–$8.3M; Pre-Seed $622k–$3.1M; Series A $7M–$45M
  • Lead/follow: 43% lead, 57% follow
  • Last fund: Likely actively investing — fund raised in 2025

Portfolio highlights

  • Medida AI — Medida is an AI virtual measuring system that provides accurate digitized measurements for home renovation companies.
  • Reco — SaaS Security Leverage Reco's context analysis to streamline SaaS security, minimize data and identity risk, and automate remediation
  • groundcover — Instantly pinpoint bleeding issues in production & troubleshoot quickly with groundcover. All with zero code changes.
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Golden Ventures
VC Fund · Toronto, Ontario, Canada · 3 investments in Canada Oil and Gas startups, 9 in the past 12 months

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, United Kingdom

Investor stats

  • Total investments: 196
  • Round size: Seed $1.5M–$7.5M; Series A $6.8M–$32M; Series B $14M–$49M
  • Lead/follow: 19% lead, 81% follow
  • Last fund: Likely still investing — raised $103M in 2024

Portfolio highlights

  • Space — Space is a cloud filesystem that appears in Finder as a regular drive. Open and save files with the apps that are used in regular basis while Space keeps them in the cloud and up to date across the Macs. So that one can work with terabytes of files without filling the computer or carrying external drives.
  • Terminal — Easily add 30+ telematics integrations to your application with a single API. Connect your application to the services you need, without worrying about the underlying details
  • Powered by People — Powered by People is a values-driven wholesale platform featuring handmade, ethical products from makers in over 40 countries. Sign up now for pre-approved credit and net 60 terms at poweredbypeople.com
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Access 48,091 investors

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

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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, Venture - Series Unknown
  • Geography: Canada, United States, Japan

Investor stats

  • Total investments: 17
  • Round size: Series C $10M–$31M; Venture - Series Unknown $4.3M–$100M
  • 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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BDC Venture Capital
VC Fund · Calgary, Alberta, Canada · 2 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: 527
  • Round size: Seed $600k–$4.9M; Series A $2.7M–$20M
  • Lead/follow: 27% lead, 73% follow
  • Last fund: Likely still investing — raised $500M in 2022

Portfolio highlights

  • Spark — Spark provides the platform required to sell, market, close and report on your entire portfolio of new development projects.
  • WhatsNexx — Sujintoto adalah situs slot online yang memberikan pelayanan deposit yang sat set dan withdraw cepet selama 24 jam
  • Neurio Technology — Neurio makes ordinary appliances smart and homes more efficient by letting you know what’s going on, when you need to know it - like if you forgot to turn off your stove, when your kids are home from school, and if they’re watching TV when they should be doing homework. With a Neurio sensor, our smartphone apps let you know what’s happening inyour home, which appliances are in use and the amount of energy they use without having to install sensors at every device.
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Export Development Canada
VC Fund · Ottawa, Ontario, Canada · 2 investments in Canada Oil and Gas startups, 22 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: 257
  • Round size: Series A $3.7M–$22M; Series B $5M–$50M
  • Lead/follow: 29% lead, 71% follow

Portfolio highlights

  • Ionik — Popreach is now @IonikGroup
  • Velto Renewables — Velto Renewables is a renewable energy company that specializes in enabling global economy to decarbonize by developing renewable assets.
  • CleanPlanet Chemical — Discover the most advanced solvent recycler available today. Whether you recycle your solvent on-site, off-site, or not at all, save money with CleanPlanet Chemical's solvent recycling system.
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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, Artificial Intelligence
  • Stage:Seed, Venture - Series Unknown, Series A
  • Geography: Canada, United States, United Kingdom

Investor stats

  • Total investments: 65
  • Round size: Seed $766k–$3.3M; Series A $1.1M–$4.5M; Venture - Series Unknown $709k–$12M
  • Lead/follow: 69% lead, 31% follow
  • Last fund: Likely still investing — raised $117k in 2024

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 — Enhance Your Social Media Engagement And Following With Stunning User-Generated Videos. Access A Wide Range Of Royalty-Free Stock Videos For Various Themes Including Travel, Productivity, Aesthetic Backgrounds, And More
  • 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: 62
  • Round size: Seed $1M–$7.1M; Series A $961k–$13M
  • Lead/follow: 27% lead, 73% follow
  • Last fund: May invest from a new fund soon — raised $15M in 2020

Portfolio highlights

  • Helcim — Helcim is the easy and affordable solution for small and medium businesses accepting payments in-person or online.
  • Cellar Insights — Maximize the value of your potato crop with smart remote monitoring. Monitor storage conditions and prevent crop loss with Cellar Insights.
  • Fairly Staffing — The modern dental staffing platform. Connect your clinic with vetted dental hygienists and assistants, or find flexible temp dental jobs near you with Fairly.
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Bullpen Capital
VC Fund · Menlo Park, California, United States · 2 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, Mobile
  • Stage:Series A, Seed, Series B
  • Geography: United States, Canada, Brazil

Investor stats

  • Total investments: 217
  • Round size: Seed $1.5M–$9.8M; Series A $4M–$24M; Series B $4M–$65M
  • Lead/follow: 40% lead, 60% follow
  • Last fund: Likely still investing — raised $3.6M in 2023

Portfolio highlights

  • Atrium — Atrium helps AE, SDR, and CS managers use data to improve team performance. Atrium continuously monitors dozens of key performance indicators for every AE, SDR, and CSM on your team, providing the insights and instrumentation to help managers see around corners and fix issues before they become problems.
  • EDGE Markets — The Financial Platform for Smart Bettors
  • SpeedLabs — The real-time market engine and foundational AI for sports.
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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, Venture - Series Unknown
  • Geography: United States, Canada, India

Investor stats

  • Total investments: 25
  • Round size: Series A $3.8M–$13M; Series B $5.8M–$20M; Venture - Series Unknown $2M–$5M
  • Lead/follow: 44% lead, 56% follow
  • Last fund: Likely still investing — raised $79M in 2021

Portfolio highlights

  • Sabanto — Sabanto brings autonomy to agriculture with retrofit kits that transform existing tractors into fully autonomous machines. Boost efficiency, reduce labor, and farm 24/7 with the Sabanto Autonomy System. Book a demo today.
  • 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.
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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: Software, Manufacturing, Fashion
  • Stage:Series A, Seed, Series B
  • Geography: United States, United Kingdom, The Netherlands

Investor stats

  • Total investments: 26
  • Round size: Seed $2.1M–$17M; Series A $5.6M–$30M; Series B $18M–$23M
  • Lead/follow: 42% lead, 58% 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.
  • eComID — H&M-backed eComID is building the AI infrastructure to democratize personalization in commerce.
  • Clarity Technology Solutions — Clarity, the category-defining item intelligence platform, provides AI-powered fraud detection technology designed to identify counterfeit, altered, and fraudulent returns and flag missing accessories at the point of return.Clarity’s technology delivers verification in just 3.2 seconds, enabling data-driven fraud detection quickly and at scale.By eliminating the need for manual inspections, associates can make confident return decisions that stop malicious activity earlier and improve both customer experience and operational efficiency.
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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, Venture - Series Unknown
  • Geography: United States, Norway, Canada

Investor stats

  • Total investments: 13
  • Round size: Series A $4.4M–$6M; Series B $4M–$40M
  • Lead/follow: 54% lead, 46% 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’s mission is to empower enterprises and their business networks to transact securely, efficiently, and transparently. Data Gumbo provides the industry’s only smart contract platform enabling organizations, their customers, suppliers, and vendors to successfully incorporate real-time sensor level and field data to validate and automatetransactions—eliminating payment delays, disputes, and complicated reconciliations. Subscribers are able to increase operational efficiencies, accountability, transparency, contract, and cash flow certainty.Data Gumbo’s smart contract platform provides a unique combination of state-of-the-art distributed ledger technology, real-time IoT sensor data, and applications with APIs to eliminate the need for countless audits. This reduces friction to deliver streamlined operations and transactional certainty while maintaining security controls to protect our customers and their network. Created specifically for enterprises, Data Gumbo’s smart contract platform reinvents the way companies transact.Data Gumbo is a venture-backed organization that serves clients globally, across multiple industries. Learn more at 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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Sustainable Development Technology Canada
VC Fund · Ottawa, Ontario, Canada · 2 investments in Canada Oil and Gas startups

At Sustainable Development Technology Canada (SDTC), they fund Canadian cleantech projects and coach the companies that lead them as they move their ground-breaking technologies to market.SDTC’s support of cleantech translates into jobs, growth, and export opportunities for Canadian companies, as well as economic, environmental and healthbenefits for all Canadians. They are independent but don’t work alone. A big part of their role is building and sustaining networks of partners and stakeholders from private industry, academia and governments, at home and abroad. They operate at arm’s length and receive funding from the Government of Canada.

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Investment focus

  • Industry: Manufacturing, Energy, Renewable Energy
  • Stage:Grant, Seed, Pre-Seed
  • Geography: Canada, United States, Brazil

Investor stats

  • Total investments: 265
  • Round size: Seed $73k–$2.5M; Grant $772k–$7.4M; Pre-Seed $149k–$1.6M
  • Lead/follow: 77% lead, 23% follow

Portfolio highlights

  • Niricson — Niricson develops an AI-based predictive analytics SaaS platform for infrastructure asset management. Its AUTOSPEX platform and DRONIC provide asset managers and civil engineers critical insights and multi-defect layer visualization for the current condition of their assets.
  • Solaires Entreprises Inc — Solaires Entreprises Inc is a Canadian cleantech company located in Victoria, BC, that consists of a team of 23 scientists, engineers, and business professionals. Solaires is focused on developing the next generation of solar cells by replacing silicon with perovskite through an innovative and sustainable manufacturing process resulting inaffordable solar photovoltaics with higher energy conversion efficiency.
  • Progressive Planet Solutions — Progressive Planet Solutions Inc is a metal/mineral based company that deals with the exploration & development of zeolite minerals.
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MaRS Investment Accelerator Fund
VC Fund · Toronto, Ontario, Canada · 2 investments in Canada Oil and Gas startups, 6 in the past 12 months

Working with Ontario talent to develop World Class Companies Learn More

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Investment focus

  • Industry: Software, Health Care, Analytics
  • Stage:Seed, Pre-Seed, Series A
  • Geography: Canada, United States

Investor stats

  • Total investments: 164
  • Round size: Seed $375k–$4M; Pre-Seed $368k–$1.5M; Series A $2.3M–$14M
  • Lead/follow: 18% lead, 82% follow
  • Last fund: May invest from a new fund soon — raised $8.5M in 2014

Portfolio highlights

  • Azoma — Ecomtent enables brands to create eCommerce content with Generative AI. Using Ecomtent's self-service tools, customers can generate their entire optimized Amazon listing, using our AI product photo generator, AI Generate infographics at scale, a+ content, and generate optimised copy.
  • SELL IT9 — Get top cash for your tech with SELLIT9, Canada's trusted trade-in service. Free same-day pickups, convenient drop-off locations, and pre-paid shipping labels nationwide. Fast, secure, and hassle-free!
  • TimeSmart.AI — A healthcare-focused solution for contract management, clinician timesheet review and approvals, payment tracking & contract compliance enforcement
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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: Software, Analytics, Artificial Intelligence
  • Stage:Series A, Series B, Seed
  • Geography: United States, Canada

Investor stats

  • Total investments: 6
  • Round size: Series A $13M–$15M
  • Lead/follow: 17% lead, 83% follow
  • Last fund: Likely actively investing — fresh fund, raised $160M in 2025

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 userswith a 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.
  • Aatmunn — Aatmunn, meaning "soul," is an industrial technology company with a clear mission: to revolutionize the lives of over 2 billion frontline workers globally. In 2023, over 2 million frontline workers tragically lost their lives, despite a $1 trillion investment in safety and productivity improvements. The adoption of technology among theseworkers has been inconsistent, leading to stagnant or declining outcomes.Aatmunn aims to change this narrative with its AI-powered data fabric and applications, already trusted by 150+ marquee customers like SpaceX, PepsiCo, and Amazon, as well as device manufacturers such as 3M and RKI. We've achieved remarkable growth, with a 100% YoY increase in ARR.
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Rice Investment Group
VC Fund · Carnegie, Pennsylvania, United States · 2 investments in Canada Oil and Gas startups

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.

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Investment focus

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

Investor stats

  • Total investments: 15
  • Round size: Seed $2M–$3.5M; Series A $2.3M–$22M
  • Lead/follow: 47% lead, 53% follow

Portfolio highlights

  • EnerPure — EnerPure is a cleantech energy company; a company that recycles waste petroleum into a clean source of fuel and energy while reducing greenhouse gas emissions.
  • 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 userswith a 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.
  • X2 Resources — X2 Resources is a oil and gas company that targets multibillion-dollar opportunities across premier basins.
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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, Information Technology
  • Stage:Seed, Series A, Series B
  • Geography: United States, Canada, Pakistan

Investor stats

  • Total investments: 59
  • Round size: Seed $1.8M–$7M; Series A $9M–$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

  • Farmdar — Farmdar empower farmers with actionable data to lower costs, increase yield, enhance quality, and reduce waste.
  • Uplift AI — Uplift AI creates voice AI models for regional languages to enable natural speech interactions and improve digital accessibility.
  • Clario — Clario identifies and eliminates redundant, obsolete, and trivial unstructured data so organizations reduce waste, lower risk, and create cleaner foundations for AI.
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Fonds de solidarité FTQ
VC Fund · Montréal, Quebec, Canada · 2 investments in Canada Oil and Gas startups

Fonds de solidarité FTQ is a private equity and venture capital firm specializing in investments in start-ups, early venture, mergers, business acquisitions, management buyouts, market development project or a buyout, financing for new programs, organic growth and cash flow, growth and expansion financings, development capital, business succession,financial restructuring, business transition financing, family and non-family buyout, consolidations, turnaround, and leveraged management buyouts. It also invests in new markets, product and business line developments, market diversification, interim financings, new product marketing, additional working capital, purchase of tangible and intangible assets, equipment modernization, equipment purchases or upgrades, and integrator projects. The firm has regional funds that do not invest in retail, real estate, farming, biotechnology, and financial services. Fonds de solidarité FTQ invests in small and medium-sized businesses. It typically invests in export projects, forest products, productivity improvement, natural resources, aerospace, agri-food, wood, pulp and paper, chemicals, construction and construction materials, printing, transportation equipment and automobiles, transportation services, furniture and fixtures, combinatorial chemistry and other lead generating technologies, mining and exploration, social economy, textiles, plastics, life sciences, business services, telecommunications, distribution and consumer goods, environment, equipment and machinery, financial services, information and communication technology, metal products, recreational tourism, and culture sectors. Within the culture sector, Fonds de solidarité FTQ seeks to invest in pre-production and creative projects, production projects, infrastructures and services, post-production projects, distribution, and broadcasting and multiplatform broadcasting. Within the environment sector, it invests in waste management and energy conversion for residual waste; air treatment and reduction of greenhouse gas emissions; processes to reduce industrial energy and water consumption; water treatment; and soil rehabilitation and decontamination (metals and organic compounds). Within the life sciences sector, Fonds de solidarité FTQ focuses on services for the biopharmaceutical industry; nutraceuticals and cosmeceuticals; diagnostics and medical supplies and equipment; biopharmaceuticals and generic drugs; biotechnology, and animal health. Within the tourism sector, it focuses on urban tourism, nature tourism, resort type tourism, and local tourism for Quebecers, and in the textiles sector it invests in companies engaged in development and production of specialty textiles as well as development of industrial applications for the construction, transportation, health and safety, and work apparel industries. Fonds de solidarité FTQ prefers to invest in Quebec and in companies impacting the Québec economy. It focuses on investing in the following regions- Abitibi –Témiscamingue, Bas Saint Laurent, Chaudière-Appalaches, Côte-Nord, Estrie, Gaspésie Îles-de-la-Madeleine, Lanaudière, Laurentides, Laval, Mauricie - Centre-du-Québec, Montérégie, Nord-du-Québec, Outaouais, and Saguenay-Lac-St-Jean. Fonds de solidarité FTQ seeks to invest in projects of $3 million or more and also provides loans of up to $ 2 million. It invests in companies in business succession sector having minimum capitalization of $500,000 and EBITDA of over $35.5 million in case of majority interest; equipment and machinery sector with average investment in excess of $3 million; environment sector with funding needs of more than $500000; financial services sector having net assets between $20 million and $50 million in equity; metal products sector having annual sales of over $5 million and financing needs of at least $2 million; and printing sector having investment needs of over $1 million. In the information technology sector, Fonds de solidarité FTQ seeks to invest $2 million as initial investments while total investments can be more than $10 million. It invests in the form of equity financing (common or preferred shares) and unsecured debt requiring no collateral (debenture). Fonds de solidarité FTQ can take both a minority interest including an equity stake of up to 49 percent as well a majority interest in its portfolio companies in case of business succession financing. It seeks a minority stake for the portfolio companies in the equipment and machinery sector. It typically holds its investments for a period of five to ten years in case of equity financing and for more than ten years in case of business succession financing. Fonds de solidarité FTQ began operation on June 23, 1983. It has its headquarters in Montreal in Canada with additional offices in the same city and Quebec in the same country.

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Investment focus

  • Industry: Manufacturing, Biotechnology, Health Care
  • Stage:Venture - Series Unknown, Series A
  • Geography: Canada, United States, Israel

Investor stats

  • Total investments: 267
  • Round size: Series A $6M–$50M; Venture - Series Unknown $500k–$40M
  • Lead/follow: 48% lead, 52% follow
  • Last fund: May invest from a new fund soon — last raise in 2016

Portfolio highlights

  • Metal 7 —
  • Namakor Holdings — We combine strategic investment and in-house operational expertise to untap the true potential of your industrial manufacturing businessNamakor Holdings is a private equity firm investing in mid-market manufacturing companies, driving growth, innovation, and global expansion.
  • Premier Tech — Premier Tech has been focusing on skills development and recognition to constantly innovate, improve its operational excellence and deploy products and services that create value for its customers.
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Angel Invest
VC Fund · Frankfurt, Hessen, Germany · 2 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: 168
  • Round size: Seed $1.6M–$6.8M; Pre-Seed $530k–$3.2M; Series A $5M–$21M
  • Lead/follow: 4% lead, 96% 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
  • Aisel Health — Aisel Health provides AI that imitates psychiatrists for psychiatric clinics and hospitals to ensure efficient patient access to care.
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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, EdTech, CleanTech
  • 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.
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Industry Ventures
VC Fund · San Francisco, California, United States · 2 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, SaaS, Analytics
  • Stage:Series B, Series A, Series C
  • Geography: United States, Canada, Israel

Investor stats

  • Total investments: 206
  • Round size: Series A $7M–$31M; Series B $13M–$72M; Series C $15M–$250M
  • Lead/follow: 12% lead, 88% follow
  • Last fund: Likely actively investing — fresh fund, raised $153M in 2026

Portfolio highlights

  • Booksy — Booksy - book appointments online. Find & book beauty services like hairdressing, manicure, spa or massage. Check prices & reviews!
  • Quintessent — Quintessent is developing optical connectivity solutions to scale computing and Artificial Intelligence (A.I.).
  • Hubbl Technologies — Hubbl Technologies helps businesses maximize Salesforce performance and uncover hidden efficiencies with advanced process discovery and org audits.
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CEAS Investments
VC Fund · Delray Beach, Florida, United States · 2 investments in Canada Oil and Gas startups

Single family office investing in early stage private tech companies. Capital of a top venture firm, complete flexibility on stage and check size, and a very aggressive risk appetite.

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Investment focus

  • Industry: Software, Information Technology, SaaS
  • Stage:Seed, Series A, Series B
  • Geography: United States, Canada, Mexico

Investor stats

  • Total investments: 95
  • Round size: Seed $1.4M–$5M; Series A $4M–$15M; Series B $30M–$140M
  • Lead/follow: 23% lead, 77% follow

Portfolio highlights

  • Chord — Chord is a commerce data platform purpose-built for modern brands. Chord enables brands to unify, synthesize, and orchestrate their data to drive radical decisions and revenue.
  • GetWhys — Introducing GetWhys: AI trained on firsthand experiences
  • Thunder Compute — Run your existing code on cloud GPUs in under 1 minute. Thunder Compute provides the best developer experience in cloud.
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Graphite Ventures
VC Fund · Toronto, Ontario, Canada · 2 investments in Canada Oil and Gas startups, 8 in the past 12 months

We've helped 175 founders build enduring companies - and we're ready to take it to the next level.

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Investment focus

  • Industry: Software, Health Care, Artificial Intelligence
  • Stage:Seed, Series A, Pre-Seed
  • Geography: Canada, United States

Investor stats

  • Total investments: 35
  • Round size: Seed $1.1M–$4.7M; Pre-Seed $729k–$6M; Series A $7.3M–$31M
  • Lead/follow: 31% lead, 69% follow
  • Last fund: Likely still investing — raised $92M in 2023

Portfolio highlights

  • myStoria — Backed by fertility doctors. Built by patients, for patients. Track symptoms, manage diagnoses, get advice, and start moving forward.
  • InsideDesk — Reduce AR days, boost collections, and streamline billing operations with InsideDesk's centralized revenue cycle management platform.
  • TimeSmart.AI — A healthcare-focused solution for contract management, clinician timesheet review and approvals, payment tracking & contract compliance enforcement
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LOI Venture
VC Fund · Vancouver, British Columbia, Canada · 2 investments in Canada Oil and Gas startups

LOI Venture is a $20M Pre-Seed Fund focused on founders aged 17-25 attending the League of Innovators Program.

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Investment focus

  • Industry: Software, SaaS, Internet
  • Stage:Seed, Pre-Seed, Series A
  • Geography: Canada, United States, Israel

Investor stats

  • Total investments: 26
  • Round size: Seed $100k–$5.3M; Pre-Seed $100k–$1.2M; Series A $3.4M–$15M
  • Lead/follow: 19% lead, 81% follow

Portfolio highlights

  • MeepMeep — MeepMeep offers bluetooth disc golf disc trackers with app-based location and alarm features for easier disc retrieval.
  • Superpanel — The digital teammate that manages inbound customer journeys from qualification, follow-up, document collection, and scheduling. Across voice, SMS, and email. Autonomously. 24/7.
  • Layers — Layers was created by a team with extensive experience in merchandising, product discovery, suggestions, analytics, and storefront optimization.
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Hatch
VC Fund · Mississauga, Ontario, Canada · 2 investments in Canada Oil and Gas startups

Hatch is a global engineering, project delivery, and professional services firm helping clients build positive change for a better world.

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Investment focus

  • Industry: Energy, Mining, Mineral
  • Stage:Post-IPO Equity, Seed
  • Geography: Canada, United States, United Kingdom

Investor stats

  • Total investments: 15
  • Round size: Seed $3.5M–$4.1M; Post-IPO Equity $616k–$4M
  • Lead/follow: 47% lead, 53% follow

Portfolio highlights

  • Hydrostor — Hydrostor, a global leader in long-duration energy storage, pioneers technology to scale carbon reduction with a dedicated professional team.
  • LoopX — LoopX offers system solutions for autonomous vehicles, mining equipment manufacturers, and mining technology companies.
  • NOA Lithium Brines — Developing high-grade lithium brine projects in Argentina | TSXV: NOAL
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Foresight Canada
VC Fund · Port Coquitlam, British Columbia, Canada · 2 investments in Canada Oil and Gas startups

This account is no longer active. Follow us on LinkedIn to stay connected: https://t.co/jjJZbUSRTB

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Investment focus

  • Industry: Oil and Gas, Battery, Software
  • Stage:Pre-Seed
  • Geography: Canada

Investor stats

  • Total investments: 3
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • eDecisions — Enermetrics provides building owners, and engineering companies utilities with the tools they need to accelerate the adoption of energy efficiency technologies.
  • InnvTek Inc — InnVTek designs a superhighway For Nano-particles that is useful in every Chemical & Battery Process.
  • Industrial Climate Solutions — Commercializing Regenerative Froth Contactor for CO2 capture and other gas/liquid contactor or reactor applications. Now a Baker Hughes company
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Energy Innovation Capital
VC Fund · San Francisco, California, United States · 2 investments in Canada Oil and Gas startups

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.

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Investment focus

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

Investor stats

  • Total investments: 62
  • Round size: Series A $4.8M–$10M; Series B $3.5M–$33M; Series C $9.3M–$50M
  • Lead/follow: 35% lead, 65% follow
  • Last fund: Likely actively investing — fresh fund, raised $10M in 2026

Portfolio highlights

  • Insight M — Insight M develops aerial monitoring technology for methane detection for the energy industry. It supports physical science expertise with data analytics to survey large areas, create digital maps in optical and infrared wavelengths, and scan various pipelines and acres of territory to identify major sources of gas loss.The company completed thefirst-ever basin-wide aerial survey for methane detection in its 2019 survey of the Permian Basin. Kairos Aerospace’s mission is to improve operational excellence for the oil and gas industry with cost-effective, efficient methane reductions at scale.
  • Relectrify — Unlocking extra lifetime and performance of batteries via advanced battery management (BMS) technology.
  • ConnectDER — Installers nationwide trust ConnectDER's meter socket adapters, or meter collars. Easier, faster, more profitable installs of residential solar plus battery storage.
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West Coast Ventures Inc.
VC Fund · Vancouver, British Columbia, Canada · 2 investments in Canada Oil and Gas startups

Early-stage private investment firm focused on innovative software & green/clean tech start-ups.

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Investment focus

  • Industry: Security, CleanTech, Oil and Gas
  • Stage:Pre-Seed, Series A
  • Geography: Canada

Investor stats

  • Total investments: 2
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • INGU — Currently, inline inspection in the oil and gas sector is a series of staged engineering events, designed to assess the condition of pipeline assets. It is costly, infrequent, and only addresses those lines that are within reach. In fact, it is estimated that 40% of the world’s pipelines are unpiggable. The vulnerabilities between inspections,which are typically years apart, or the inability to conduct inspections at all, puts the world’s aging pipeline infrastructure at risk. In order to address these issues, we have focused on changing the economics, the technology, and the workflow associated with inline inspection. We have introduced the industry’s first self-serve inspection model that eliminates significant engineering and downtime costs. We have developed miniature, multi sensor Pipers® technology that freely flows within any and all active pipelines, regardless of location, condition, material or configuration. This technology is capable of inspecting pipelines as small as 2 inches in diameter, and surveying for leaks, geometric defects, magnetic anomalies, and deposits in a single run. Further, we have reduced the cost of inline inspection by a factor of 10, making it possible for integrity programs to be more present, more often, across all of their assets. Finally, such accessible technology has given us the opportunity to work with a complete range of clients – large and small, private and public – resulting in rich datasets libraries that offer unprecedented contextual analysis and continuous advancement of our data analytics capabilities. Our approach provides clients with uninterrupted access to up-to-date condition-critical data, allowing them to optimize planning, decision-making, and actions.
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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: 45
  • Round size: Series A $10M–$100M; Series B $11M–$30M; Series C $12M–$105M
  • Lead/follow: 33% lead, 67% 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 is a pionneer in green hydrogen. We produce electrolysers and hydrogen refuelling stations.
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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, Venture - Series Unknown
  • Geography: Canada, United States, Portugal

Investor stats

  • Total investments: 50
  • Round size: Seed $250k–$4M; Venture - Series Unknown $1.8M–$40M
  • Lead/follow: 34% lead, 66% follow
  • Last fund: May invest from a new fund soon — raised $100M 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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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: 33
  • Round size: Seed $557k–$1.9M; Series A $4.2M–$24M
  • Lead/follow: 6% lead, 94% follow

Portfolio highlights

  • HP Capital — HP Capital is a private credit manager that specializes in asset-based lending solutions across a number of industries.
  • Astara Energy Corp. — Astara Energy Corp. is an emerging, private junior oil and gas company with operations in Alberta.
  • Complete Framing Solutions — Complete Framing Solutions specializes in designing, manufacturing, and supplying light steel framing systems.
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Space Capital
VC Fund · New York, New York, United States · 2 investments in Canada Oil and Gas startups

Founded in 2012, Space Capital is a VC firm with over $1B AUM investing in space technology and global markets, backed by deep operator expertise.

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Investment focus

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

Investor stats

  • Total investments: 83
  • Round size: Seed $1.9M–$7M; Series A $4.5M–$19M; Series B $11M–$45M
  • Lead/follow: 28% lead, 72% follow
  • Last fund: May invest from a new fund soon — raised $32M in 2020

Portfolio highlights

  • Afference — Powering the sense of touch in the digital world. Feel digital objects in AR, VR, and XR with our groundbreaking haptic feedback device, the Phantom.
  • Guardian RF — Guardian RF is a defense and security manufacturing startup that provides drone detection technology to US defense and national security
  • Revolution Space — Revolution Space is a developer of in-space propulsion technologies designed to accelerate the exploration of space.
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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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M12 - Microsoft's Venture Fund
VC Fund · San Francisco, California, United States · 1 investments in Canada Oil and Gas startups

M12 is Microsoft's venture capital fund. We invest in early-stage technology companies disrupting the enterprise.

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Investment focus

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

Investor stats

  • Total investments: 154
  • Lead/follow: no public data

Portfolio highlights

  • RegScale — RegScale is designed to digitize any regulatory requirement, deployable in any environment with tightly integrated modules and features built from the ground up to easily create compliance artifacts. RegScale’s API-centric approach automates the collection, compilation and reporting of data related to an organization’s compliance obligations,serving as the single source of compliance truth and bringing DevOps to Compliance (Regulatory Operations - RegOps). This approach ensures that companies are continually compliant, reducing risk and cost while simultaneously increasing productivity.The RegScale platform supports 70+ compliance frameworks for regulations including National Institutes of Standards and Technology (NIST) (SP 800-53 Rev 4 & 5, Cyber Security Framework (CSF), 800-171, and OSCAL), Sarbanes-Oxley (SOX), the Health Insurance Portability and Accountability Act (HIPAA), the Department of Defense (DoD) Cybersecurity Maturity Model Certification (CMMC) and more. It also includes frameworks for industry-specific regulations for the energy and financial services industries such as the North American Electric Reliability Corporation (NERC) Critical Infrastructure Protection (CIP) as well as the Financial Services Sector Cybersecurity Profile (FSSCC). RegScale’s proprietary AI digitization engine is able to rapidly ingest new regulations and frameworks for clients in hours to support any new regulation.RegScale Community Edition (CE) is completely free, upconvertable to Enterprise Edition (EE) unlocking additional features. Learn more at www.RegScale.com and register for a free demo.
  • etalytics — Etalytics develops software solutions for the structuring and analysis of energy and data to reduce energy and CO2 emissions.
  • Pixvana, Inc. — Pixvana is a Seattle-based software startup building a Virtual Reality (VR) and Augmented Reality (AR) video processing and delivery platform for media and entertainment applications. Pixvana’s founders have proven startup success in media technology and hail from senior product and engineering leadership positions at Apple, Adobe, Microsoft, andLucasfilm.
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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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Pipeline Capital
VC Fund · Menlo Park, California, United States · 1 investments in Canada Oil and Gas startups

Pipeline Capital Partners is a seed stage venture capital fund based in San Francisco.

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Investment focus

  • Industry: Software, FinTech, Financial Services
  • Stage:Seed, Pre-Seed, Series A
  • Geography: United States, Spain, Australia

Investor stats

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

Portfolio highlights

  • Getahead — By matching candidates' choices for work hours, expected salaries, lifestyle, benefits, and prior experience with companies' needs, Getahead connects job seekers with employers. Users swipe right, similar to Tinder, to match with an employer.
  • Voze — Have detailed, timely and valuable info from your team? Discover how Voze is an easy way for workers to capture critical details from their interactions in less than a minute.
  • CruxOCM — Crux OCM: Automate your oil and gas control room operations
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Standish Spring Investments
VC Fund · Duxbury, Massachusetts, United States · 1 investments in Canada Oil and Gas startups

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

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Investment focus

  • Industry: Renewable Energy, Manufacturing, Software
  • Stage:Series A, Seed, Pre-Seed
  • Geography: United States, Canada, Germany

Investor stats

  • Total investments: 10
  • Lead/follow: no public data

Portfolio highlights

  • VerdeGo Aero — VerdeGo Aero is building propulsion technologies for the next generation of aircraft.erdeGo Aero was founded in 2017 by a team of experienced pioneers with years of expertise with hybrid-electric and battery-electric aircraft. VerdeGo Aero began the development of a revolutionary hybrid-electric VTOL aircraft and the internal technologies thatwould enable it to be successful. During this development process, VerdeGo Aero™ created its hybrid-electric IDEP powertrain architecture to enable its aircraft to deliver performance far beyond what battery-electric aircraft were capable of.
  • INGU — Currently, inline inspection in the oil and gas sector is a series of staged engineering events, designed to assess the condition of pipeline assets. It is costly, infrequent, and only addresses those lines that are within reach. In fact, it is estimated that 40% of the world’s pipelines are unpiggable. The vulnerabilities between inspections,which are typically years apart, or the inability to conduct inspections at all, puts the world’s aging pipeline infrastructure at risk. In order to address these issues, we have focused on changing the economics, the technology, and the workflow associated with inline inspection. We have introduced the industry’s first self-serve inspection model that eliminates significant engineering and downtime costs. We have developed miniature, multi sensor Pipers® technology that freely flows within any and all active pipelines, regardless of location, condition, material or configuration. This technology is capable of inspecting pipelines as small as 2 inches in diameter, and surveying for leaks, geometric defects, magnetic anomalies, and deposits in a single run. Further, we have reduced the cost of inline inspection by a factor of 10, making it possible for integrity programs to be more present, more often, across all of their assets. Finally, such accessible technology has given us the opportunity to work with a complete range of clients – large and small, private and public – resulting in rich datasets libraries that offer unprecedented contextual analysis and continuous advancement of our data analytics capabilities. Our approach provides clients with uninterrupted access to up-to-date condition-critical data, allowing them to optimize planning, decision-making, and actions.
  • Mobeus — Help is here
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Soma Capital
VC Fund · San Francisco, California, United States · 1 investments in Canada Oil and Gas startups

Welcome to Soma Capital

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Investment focus

  • Industry: Software, Artificial Intelligence, FinTech
  • Stage:Seed, Pre-Seed, Series A
  • Geography: United States, India, Mexico

Investor stats

  • Total investments: 699
  • Round size: Seed $1.5M–$8.5M; Pre-Seed $400k–$4M; Series A $8M–$35M
  • Lead/follow: 2% lead, 98% follow

Portfolio highlights

  • Kredi — Kredi is Rocket Mortgage for LatAm. Customers can easily secure a mortgage online.
  • Mudafy — Mudafy is a tech-enabled real estate broker for LatAm.
  • Lenk — Lenk powers the process mortgage origination in Latin America
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Yaletown Partners
VC Fund · Vancouver, British Columbia, Canada · 1 investments in Canada Oil and Gas startups

Yaletown Partners specializes in investing in software, data, and device technologies. It invests in technology companies that improve industry and enterprise productivity and sustainability, to help accelerate their growth, shorten exit timeframes, and accomplish strong exit premiums.With offices in Vancouver, Calgary, Montréal, and a growingpresence in Toronto, Yaletown is led by a national team that contributes almost 100 years of technology-industry experience and a network of extensive industry relationships.

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Investment focus

  • Industry: Software, Enterprise Software, Manufacturing
  • Stage:Series A, Series B, Seed
  • Geography: Canada, United States, Belgium

Investor stats

  • Total investments: 90
  • Round size: Seed $603k–$5.2M; Series A $2.9M–$16M; Series B $2.1M–$54M
  • Lead/follow: 41% lead, 59% follow
  • Last fund: May invest from a new fund soon — raised $100M in 2017

Portfolio highlights

  • GHGSat — GHGSat’s mission is to become the global reference for remote sensing of greenhouse gas (GHG), air quality gas, and other trace gas emissions from any source in the world.In June 2016, GHGSat launched the world’s first high-resolution satellite capable of measuring greenhouse gas (CO2 & CH4) emissions from any industrial facility in theworld. GHGSat is using this unique satellite and its patented technology to provide greenhouse gas emissions monitoring data and services globally,with better accuracy and at at a fraction of the cost of comparable alternatives. Owners of industrial facilities are now able to monitor all of their facilities, local or remote, anywhere in the world, with a common technology, in near-real-time. Significantly improved emissions information is enabling industries to better measure, control, and ultimately reduce emissions of GHGs.Building on lessons learned from its demonstration satellite, GHGSat launched its second satellite in Sept 2020 and a third is scheduled for Q1'21. Three more satellites are under construction for launch in early 2022. GHGSat also uses the same instrument technology from its satellites on aircraft, to provide complementary resolution and performance for customers in shale plays. GHGSat’s technology can also be used to monitor air quality gases, as well as other trace gases, in the atmosphere. Business cases are being developed for key markets, such as measuring SOx from ships.
  • Oloid — Frictionless and secure passwordless authentication for frontline workers enabling modern cybersecurity and identity and access management for deskless workers and shared devices.
  • Nanoprecise Sci Corp — Predictive Maintenance, Automated Ai Based Predictive Maintenance, Machine Doctor, Wireless Industrial Iot Sensors, Artificial Intelligence in Maintenance, Scaling Iot Solutions
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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: 907
  • Round size: Seed $1.2M–$12M; Series A $5.5M–$40M; Series B $11M–$65M
  • Lead/follow: 33% lead, 67% follow
  • Last fund: Likely actively investing — fresh fund, raised $1.5B in 2026

Portfolio highlights

  • Red Hat — Red Hat is a company dedicated to free and open source software, and a major Linux distribution vendor.The company is known for its enterprise operating system Red Hat Enterprise Linux, and more recently through the acquisition of open source enterprise middleware vendor JBoss. Red Hat provides operating system platforms along with middleware,applications, and management solutions, as well as support, training, and consulting services.
  • PullString — PullString, Inc. is leading the field of computer conversation in both text and voice through a combination of design and technology. PullString (formerly ToyTalk) is an entertainment and technology company combining art and science to enable computer conversation with characters.The company's primary product, the PullString Platform, offersa professional authoring environment, hosted AI and machine learning runtime, and integrated conversation analytics to enterprises, agencies, and startups across verticals as diverse as entertainment, customer service, gaming and VR, travel, automotive, health and fitness, finance, human resources, and IoT.With direct support for all major conversational platforms like Facebook Messenger, Amazon Alexa, Skype, Slack, Kik, mobile, and web, the PullString Platform has been used to create award winning experiences like Call of Duty’s Lt Reyes on Messenger, Hello Barbie, and The Winston Show.PullString, founded as ToyTalk in 2011, has raised more than $44 million in funding from Greylock Partners; Charles River Ventures; Khosla Ventures; True Ventures; and First Round Capital.
  • Silver Peak Systems, Inc. — Silver Peak products give you the power to quickly migrate to an enterprise-grade WAN that leverages the Internet, while dramatically improving application performance and lowering networking costs.Silver Peak software unifies the cloud, the Internet and the enterprise WAN on a single fabric. This provides IT with complete visibility and controlover the new cloud-driven network while ensuring consistent performance for every enterprise and Software as a Service (SaaS) application. Silver Peak solves network bandwidth, distance and quality challenges, which helps customers backup and recover more data in less time, gain faster access to cloud and enterprise applications, and safely migrate enterprise apps from costly, complex private links to the Internet. Unlike traditional WAN optimization, Silver Peak correlates information about cloud services and Internet weather to intelligently route traffic over a secure, optimal path. Silver Peak deploys quickly and easily on any hypervisor and can save customers up to 80% in WAN optimization costs by switching to a Silver Peak software subscription.
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Shell Ventures
VC Fund · Rijswijk, Zuid-Holland, The Netherlands · 1 investments in Canada Oil and Gas startups

Shell Ventures invests in companies to speed up development and deployment of new technologies which complement our business.

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Investment focus

  • Industry: Energy, Renewable Energy, Software
  • Stage:Series A, Series B, Venture - Series Unknown
  • Geography: United States, United Kingdom, India

Investor stats

  • Total investments: 173
  • Round size: Series A $6M–$31M; Series B $2.8M–$126M; Venture - Series Unknown $2.4M–$32M
  • Lead/follow: 36% lead, 64% follow

Portfolio highlights

  • 2-B Energy — The perfect wind turbine for offshore floaters or floating platforms
  • Airborne Oil & Gas — Airborne Oil & Gas (AOG) has developed a range of Thermoplastic Composite Pipe (TCP) products that offer unique benefits for offshore oil & gas operations. The thermoplastic composite pipes are corrosion-free, lightweight and spoolable, and can be deployed in the most demanding offshore and subsea applications. These intrinsic propertiesenable a step-change in offshore and subsea operations, with a 30 – 50% capex saving, and even higher opex savings. \r\n\r\nThe pipes are non-metallic, which eliminates the need for expensive corrosion prevention and inspection measures. This enhances reliability and safety while significantly reducing operational expenditure, particularly for Flowlines. The spoolable composite pipes can be installed significantly faster and with simpler vessels than traditional steel-based pipes. \r\n\r\nThe AOG headquarter and manufacturing facility is based in IJmuiden (Port of Amsterdam), the Netherlands and has regional sales offices in major oil & gas hubs in Asia and the US. AOG has 90 employees.
  • Bumper — Split the cost of your car repairs and servicing into manageable monthly instalments with 0% interest. Fix it. Split it. Sorted.
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Wing Venture Capital
VC Fund · Menlo Park, California, United States · 1 investments in Canada Oil and Gas startups, 23 in the past 12 months

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.

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Investment focus

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

Investor stats

  • Total investments: 236
  • Round size: Seed $3.3M–$12M; Series A $8.9M–$40M; Series B $16M–$75M
  • Lead/follow: 28% lead, 72% follow
  • Last fund: Likely still investing — raised $555M in 2023

Portfolio highlights

  • Synthefy — Synthefy focuses on foundation models for structured data, especially time-series forecasting and decision intelligence.
  • Bespoke Labs — RL Environment Curation for the Agentic Future.
  • Obsidian Security — Led by former founding team members of Cylance and Carbon Black, Obsidian Security is a Southern California technology company living at the intersection of cybersecurity, artificial intelligence, and hybrid-cloud environments. Backed by Greylock Partners, Obsidian Security is based in Newport Beach, CA.
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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 — MEG Energy is an energy company that focuses on sustainable in situ development and production of oil sands. It transports and sells thermal oil to customers globally.MEG also owns interests in two key midstream assets: Access Pipeline and Stonefell Terminal.Access Pipeline, a 50%-owned joint venture with Devon Energy, connects their ChristinaLake Project to a main transportation hub in Edmonton, ultimately providing access for their product to multiple end markets.Stonefell Terminal is a wholly-owned 900,000-barrel storage facility that was completed in late 2013. It allows MEG to mitigate risks with pipeline restrictions and acquire and store diluent during favorable market conditions. A proprietary pipeline connects Stonefell Terminal to the Canexus Bruderheim rail facility, establishing the first wellhead-to-unit-train connection via pipeline in Canada.Together, these assets provide MEG with a number of unique cost and revenue advantages that allow us to add significant value to each barrel they produce.
  • 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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Oil and Gas VC funding in Canada at a glance

Stats across 473 deals from 399 investors.

399
investors
in Canada Oil and Gas startups
473
deals
in Canada Oil and Gas startups
$6.8M
median round
in Canada Oil and Gas startups
57%
lead investors
lead at least one round
21%
Grant
most common funding stage

Access all 399 VC funds in Canada Oil and Gas startups.

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