# Top 50 Oil and Gas VC (Venture Capital) Funds in Canada in June 2026 ## SaskWorks Venture Fund - Type: VC Fund - Location: Regina, Saskatchewan, Canada - Relevant deals: 9 - Stages: Seed, Post-IPO Equity - Focus: Oil and Gas, Energy, Manufacturing 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. ## BDC Capital Cleantech Practice - Type: VC Fund - Location: Calgary, Alberta, Canada - Relevant deals: 4 - Stages: Series A, Series C - Focus: Renewable Energy, Energy, Manufacturing We can help you meet the capital-intensive needs of scaling and achieve timely growth. We offer more flexible equity financing and commercial loans. ## Business Development Bank of Canada - Type: VC Fund - Location: Montréal, Quebec, Canada - Relevant deals: 3 - Stages: Seed, Series A - Focus: Software, Information Technology, Manufacturing 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. ## Enbridge - Type: VC Fund - Location: Calgary, Alberta, Canada - Relevant deals: 3 - Stages: Series C, Series B - Focus: Energy, Manufacturing, Oil and Gas 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. ## VA Angels - Type: VC Fund - Location: Calgary, Alberta, Canada - Relevant deals: 3 - Stages: Seed, Debt Financing - Focus: Health Care, Software, Information Technology 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. ## GreenSky Ventures - Type: VC Fund - Location: Toronto, Ontario, Canada - Relevant deals: 2 - Stages: Seed, Series A - Focus: Software, Information Technology, Health Care 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. ## Investeco Capital - Type: VC Fund - Location: Toronto, Ontario, Canada - Relevant deals: 2 - Stages: Seed, Series A - Focus: Food and Beverage, Organic Food, Manufacturing InvestEco invests in innovative companies in the Food & Agriculture Sector. Learn More about our process, people, and companies. ## Moment Ventures - Type: VC Fund - Location: Palo Alto, California, United States - Relevant deals: 2 - Stages: Seed, Series A - Focus: Software, SaaS, Information Technology Moment Ventures is an early-stage venture capital firm investing in the future of work. The firm invests in early-stage institutional rounds of companies in the future of work and prefers to invest in the logistics, food, oil and gas, education, transportation, and construction sectors.Moment Ventures was founded in 2013 and is headquartered inPalo Alto, California. ## Equinor Technology Ventures - Type: VC Fund - Location: Stavanger, Rogaland, Norway - Relevant deals: 2 - Stages: Series B, Series A - Focus: Oil and Gas, Energy, Software 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. ## Sallyport Investments - Type: VC Fund - Relevant deals: 2 - Stages: Series A, Seed, Series B - Focus: Analytics, Artificial Intelligence, Advice 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. ## SLB - Type: VC Fund - Location: Houston, Texas, United States - Relevant deals: 2 - Stages: Series B, Series A, Series C - Focus: Energy, Oil and Gas, Manufacturing SLB is a global technology company, driving energy innovation for a balanced planet ## Regeneration.VC - Type: VC Fund - Relevant deals: 2 - Stages: Series A, Seed, Series B - Focus: Fashion, Machine Learning, Artificial Intelligence 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. ## Fulcrum Global Capital - Type: VC Fund - Location: Mound City, Kansas, United States - Relevant deals: 2 - Stages: Series A, Series B - Focus: Biotechnology, Agriculture, Farming Feeding the world one investment at a time ## Hillside Ventures - Type: VC Fund - Location: Storrs Mansfield, Connecticut, United States - Relevant deals: 2 - Stages: Seed, Series A - Focus: Energy, CleanTech, Education 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. ## Accelerate Fund - Type: VC Fund - Location: Calgary, Alberta, Canada - Relevant deals: 2 - Stages: Seed, Series A - Focus: Software, Health Care, Medical Accelerate Fund supports the growth of early-stage Alberta technology companies with a multi million dollar fund that combines co-investment from angel investors. ## Rice Investment Group - Type: VC Fund - Location: Carnegie, Pennsylvania, United States - Relevant deals: 2 - Stages: Seed, Series A, Series B - Focus: Oil and Gas, Analytics, Artificial Intelligence 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. ## Evok Innovations - Type: VC Fund - Location: Vancouver, British Columbia, Canada - Relevant deals: 2 - Stages: Series A, Seed, Series B - Focus: Energy, Chemical, Oil and Gas Founded in 2016, Evok Innovations is a fund that focuses on early-stage companies in the areas of Clean Energy, CleanTech, ClimateTech and CarbonTech. ## ZhenFund - Type: VC Fund - Location: Beijing, Beijing, China - Relevant deals: 1 - Stages: Series A, Seed, Angel - Focus: Artificial Intelligence, Software, E-Commerce ZhenFund is a seed fund founded by former entrepreneurs to invest in the most promising innovators. New Oriental co-founders Bob Xiaoping Xu and Victor Qiang Wang established ZhenFund in 2011 in collaboration with Sequoia Capital China. ZhenFund now has a network of over 800 portfolio companies, including over 30 unicorns based in China. Webelieve that great businesses start with exceptional founding teams. We are dedicated to helping our entrepreneurs build successful companies by providing them with mentorship and the best resources available. Some of our services include biannual demo days to top Chinese VCs, ZhenHR services, marketing and PR consulting, as well as fundraising. Our strong and large CEO network also facilitates entrepreneurs helping each other, especially via our WeChat platform. ZhenFund has been ranked as the “#1 Early-Stage Investment Firm” for six years. Bob Xiaoping Xu, Founder of ZhenFund, has been named on the Midas List since 2016 and ranked #11 in 2019. Anna Fang, Founding Partner and CEO of ZhenFund, has been named on the Midas List since 2019 and made her 4th appearance as #12, and #1 on Midas Seed List in 2022. ## Bild Alternative Investments Corporation - Type: VC Fund - Location: Markham, Ontario, Canada - Relevant deals: 1 - Focus: Energy, Software, Health Care BAI Corporation makes investments in people & solutions that address our most pressing societal & environmental issues & concerns. ## Fuel Capital - Type: VC Fund - Location: Burlingame, California, United States - Relevant deals: 1 - Stages: Seed, Series A, Pre-Seed - Focus: Software, E-Commerce, Artificial Intelligence Fuel Capital is a seed stage venture capital firm investing in consumer, SaaS and infrastructure businesses. ## MaRS Investment Accelerator Fund - Type: VC Fund - Location: Toronto, Ontario, Canada - Relevant deals: 1 - Stages: Seed, Pre-Seed, Series A - Focus: Software, Artificial Intelligence, Health Care Working with Ontario talent to develop World Class Companies Learn More ## Shell Ventures - Type: VC Fund - Location: Rijswijk, Zuid-Holland, The Netherlands - Relevant deals: 1 - Stages: Series A, Series B - Focus: Energy, Renewable Energy, Software Shell Ventures invests in companies to speed up development and deployment of new technologies which complement our business. ## Sprout Fund LP - Type: VC Fund - Location: Edmonton, Alberta, Canada - Relevant deals: 1 - Stages: Seed, Pre-Seed - Focus: Software, Information Technology, Marketing Sprout Fund invests in seed- and early-stage companies with Series-A funding potential. The fund leverages the collective experience of its Managing and Limited Partners to mentor and fund high-potential technology companies. It was founded in 2018 and is headquartered in Edmonton, Alberta. ## Space Capital - Type: VC Fund - Location: New York, New York, United States - Relevant deals: 1 - Stages: Seed, Series A, Series B - Focus: Aerospace, Space Travel, Software Space Angels provides a world-class, easy-to-use platform that helps accredited investors make smart investment decisions. ## UBC Seed Fund - Type: VC Fund - Relevant deals: 1 - Stages: Seed, Pre-Seed - Focus: Robotics, Industrial, Health Care UBC Seed Fund ## Chevron Technology Ventures - Type: VC Fund - Location: Houston, Texas, United States - Relevant deals: 1 - Stages: Series A, Series B - Focus: Energy, Software, Manufacturing Chevron Technology Ventures champions innovation, commercialization and integration of emerging technologies within Chevron. ## Canadian Business Growth Fund - Type: VC Fund - Location: Toronto, Ontario, Canada - Relevant deals: 1 - Stages: Series B, Private Equity - Focus: Software, Information Technology, Health Care CBGF helps privately-owned Canadian businesses with the capital, talent, and expertise they need to drive growth and realize their potential. ## WUTIF - Type: VC Fund - Location: Vancouver, British Columbia, Canada - Relevant deals: 1 - Stages: Seed, Pre-Seed, Series A - Focus: Software, Health Care, Biotechnology WUTIF Capital (VCC) Inc. is a novel angel fund that co-invests with angel investors in promising new technology ventures in British Columbia. WUTIF was formed in mid-2003 and made its first investments in late 2004. ## The Ontario Capital Growth - Type: VC Fund - Location: Toronto, Ontario, Canada - Relevant deals: 1 - Stages: Series A, Series B - Focus: Energy, Software, Video The Ontario Capital Growth Corporation (OCGC) was established by the Ontario Capital Growth Corporation Act, 2008 and was launched on February 27, 2009. The principal business of the OCGC is to manage the interest of the Government of Ontario in the limited partnership known as the Ontario Venture Capital Fund LP (OVCF) and to manage and operatethe Ontario Emerging Technologies Fund (OETF). ## Innovacorp - Type: VC Fund - Location: Halifax, Nova Scotia, Canada - Relevant deals: 1 - Stages: Seed, Grant, Pre-Seed - Focus: Software, Information Technology, Health Care Innovacorp is an early-stage venture capital firm that helps knowledge-based startups commercialize their technologies in the global marketplace. It invests in early stage Nova Scotia entrepreneurs, combining venture capital with business mentoring and incubation facilities. Innovacorp was established in 1995 and based in Halifax, Canada. ## Real Ventures - Type: VC Fund - Location: Montréal, Quebec, Canada - Relevant deals: 1 - Stages: Seed, Series A, Series B - Focus: Software, Artificial Intelligence, Machine Learning Real Ventures is an early-stage venture firm focused on serving daring entrepreneurs with the ambition to create successful, global companies. Since 2007, Real Ventures has dedicated itself to building the Canadian startup ecosystem on the belief that people, not money, build game-changing companies. Real Ventures provides stage-specific guidance,mentorship, and access to networks and resources to fast-track founders’ personal and company growth. Real Ventures manages $325 million across five funds and its active portfolio of 100+ companies is currently valued at $10 billion. www.realventures.com ## Fonds régionaux de solidarité FTQ - Type: VC Fund - Relevant deals: 1 - Stages: Post-IPO Equity, Pre-Seed - Focus: Manufacturing, Mining, Industrial Engineering Fonds régionaux de solidarité FTQ is a private equity firm investing in early and growth-stage companies. ## InterGen Capital - Type: VC Fund - Location: Calgary, Alberta, Canada - Relevant deals: 1 - Stages: Series A, Seed - Focus: Software, Information Technology, Data Visualization InterGen Capital deploys capital into post-seed, pre-Series A companies led by extraordinary teams with proven solutions and big markets. The firm has a strong network of retired and transitioning executives looking to engage with innovative companies emerging from start-up to scale-up.InterGen Capital was founded in 2018 and is located inCalgary, Alberta. ## Playground Global - Type: VC Fund - Location: Palo Alto, California, United States - Relevant deals: 1 - Stages: Series A, Seed, Series B - Focus: Software, Robotics, Biotechnology Playground Global is an early-stage venture capital firm backing technical and scientific founders with deep engineering expertise, a collaborative environment, and a first-hand understanding of the intricacies of deep tech. Established in 2015 and headquartered in Palo Alto, CA, Playground’s mission is to transform ambitious ideas into impactfulbusinesses that benefit humanity and the planet. We invest in areas that span across next gen compute automation, energy transition and engineered biology. Playground has been an early – and frequently first investor – in companies that include PsiQuantum, Relativity Space, Ultima Genomics, MosaicML (acq. by Databricks), d-Matrix, and Strand Therapeutics. ## Henkel - Type: VC Fund - Location: Düsseldorf, Nordrhein-Westfalen, Germany - Relevant deals: 1 - Stages: Series A, Series B - Focus: Nanotechnology, E-Commerce, Electronics Henkel was founded in 1876. People around the world trust Henkel’s brands and technologies. In the fiscal year 2015, the company reported sales of approx. 18 billion euros and an operating profit of 2.9 billion euros (adjusted for one-time gains/charges and restructuring charges). The DAX-30 company has its headquarters in Düsseldorf, Germany.Henkel employs about 50,000 people worldwide, more than 80 percent of whom work outside of Germany. Henkel is thus one of the most international German companies ## Bullpen Capital - Type: VC Fund - Location: Menlo Park, California, United States - Relevant deals: 1 - Stages: Series A, Seed, Series B - Focus: Software, SaaS, E-Commerce Bullpen is a venture capital fund that invests post-seed capital into early stage companies. ## BDC Venture Capital - Type: VC Fund - Location: Calgary, Alberta, Canada - Relevant deals: 1 - Stages: Series A, Seed - Focus: Software, Information Technology, Artificial Intelligence 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. ## Raven Indigenous Capital Partners - Type: VC Fund - Location: Vancouver, British Columbia, Canada - Relevant deals: 1 - Stages: Seed, Series A - Focus: Information Technology, Software, Insurance They’re Indigenous and we invest in Indigenous social enterprise. Their purpose is to facilitate the flow of capital through impact investing, and to support the ongoing revitalization of the Indigenous economy in Canada.As an Indigenous intermediary, they honor the Seven Sacred Teachings and they operate from the perspective of the Indigenousworld view. They follow traditional Indigenous protocols, they work for the well being of people and the planet, and they acknowledge their responsibility to the next seven generations. ## Industry Ventures - Type: VC Fund - Location: San Francisco, California, United States - Relevant deals: 1 - Stages: Series B, Series A, Series C - Focus: Software, Analytics, SaaS Industry Ventures has cultivated new segments of the venture capital market for over two decades using its complete lifecycle approach. ## Golden Opportunities Fund - Type: VC Fund - Location: Saskatoon, Manitoba, Canada - Relevant deals: 1 - Stages: Seed, Private Equity - Focus: Agriculture, Farming, Software Golden Opportunities Fund Inc. is Saskatchewan's first Provincial Labour-sponsored Investment Fund which was launched in 1999 and is registered as a Labour-sponsored Investment Fund Corporation under The Labour-sponsored Venture Capital Corporations Act (Saskatchewan). Saskatchewan residents who purchase Shares of the Fund receive a 15%Federal tax credit and a 20% Provincial tax credit for a total of 35% in tax credits to a maximum contribution of $5,000 annually. Investments are also 100% RRSP eligible.With the capital raised, the Fund makes investments in Saskatchewan companies, or other entities that carry on business in Saskatchewan, that have less than 500 employees at the time of investment and that pay at least 25% of all their wages and salaries to Saskatchewan employees (as per current regulation which may be amended from time to time). The objective of the Fund is to realize long-term capital appreciation of its investments in eligible businesses. Potential investments are evaluated according to, among other things: stage of development; size; quality of management; the market potential of the products or services sold or distributed; the profit potential of eligible business; and the opportunity for realization by the Fund of its investments. ## Root Ventures - Type: VC Fund - Location: San Francisco, California, United States - Relevant deals: 1 - Stages: Seed, Series A, Series B - Focus: Software, Artificial Intelligence, Machine Learning 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. ## Angular Ventures - Type: VC Fund - Location: London, England, United Kingdom - Relevant deals: 1 - Stages: Seed, Pre-Seed, Series A - Focus: Software, SaaS, Machine Learning Angular Ventures is a specialist venture capital firm committed to founders redefining global markets. ## Pason Systems - Type: VC Fund - Location: Calgary, Alberta, Canada - Relevant deals: 1 - Stages: Corporate Round - Focus: Energy, Oil and Gas, Manufacturing 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. ## East Valley Ventures - Type: VC Fund - Location: Saint John, New Brunswick, Canada - Relevant deals: 1 - Stages: Seed, Angel - Focus: Software, Information Technology, SaaS East Valley is a startup accelerator and angel investor group in Atlantic Canada. ## Hatch - Type: VC Fund - Location: Mississauga, Ontario, Canada - Relevant deals: 1 - Stages: Seed, Series A - Focus: Energy, Renewable Energy, Environmental Engineering Market conditions are transforming the way you do business. Stalled global economies, reduced investment activity, weaker global trade, and geopolitical turmoil are driving us all to make significant changes. They understand that your needs are changing rapidly, and so are your expectations of your partners.Their organization is passionatelycommitted to the pursuit of a better world through positive change. They embrace your visions as Their own and partner with you to develop better ideas that are smarter, more efficient, and innovative. Their global network of 9,000 professionals work on the world’s toughest challenges. Their corporate roots extend back more than a hundred years, and Their experience spans over 150 countries around the world in the metals, energy, infrastructure, digital, and investments market sectors. ## EIC Rose Rock - Type: VC Fund - Location: Tulsa, Oklahoma, United States - Relevant deals: 1 - Stages: Seed, Series A - Focus: Software, Mining, Real Time A coalition to catalyze energy innovation. ## CSN Inova Ventures - Type: VC Fund - Location: São Paulo, Sao Paulo, Brazil - Relevant deals: 1 - Stages: Seed, Series A, Series B - Focus: Renewable Energy, Energy, Energy Management Corporate Venture Capital vehicle of Companhia Siderúrgica Nacional (CSN) ## Phaze Ventures - Type: VC Fund - Location: Muscat, Masqat, Oman - Relevant deals: 1 - Stages: Series A, Seed, Pre-Seed - Focus: Generative AI, Artificial Intelligence, Software Phaze Ventures is an early stage venture capital firm and innovation platform headquartered in Oman ## Sustainable Development Technology Canada - Type: VC Fund - Location: Ottawa, Ontario, Canada - Relevant deals: 1 - Stages: Grant, Seed - Focus: Manufacturing, Energy, Software 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. ## Golden Ventures - Type: VC Fund - Location: Toronto, Ontario, Canada - Relevant deals: 1 - Stages: Seed, Series A, Series B - Focus: Software, Artificial Intelligence, Information Technology 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.