# Cenovus Energy

> Cenovus Energy is a VC fund in Calgary backing Energy and Water. See 4 investments, check sizes, portfolio and contact details. Updated Aug 2026.

- Type: VC Fund
- Location: Calgary, Canada
- Total investments: 4
- Last investment: Oct 2025
- Lead investor: 50%
- Last updated: Aug 2026
- LinkedIn: http://www.linkedin.com/company/cenovus-energy
- X (Twitter): http://twitter.com/cenovus
- Website: http://www.cenovus.com
- Facebook: http://www.facebook.com/Cenovus

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.

## Contacts

5 contacts available for Cenovus Energy. Shizune tracks 4 team members at Cenovus Energy. Sign up free to unlock them: https://app.shizune.co/sign-up/investor-profiles/find-team-emails/cenovus-energy?utm_source=investor_profile

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Energy | 2 | 50% |
| Water | 1 | 25% |
| Robotics | 1 | 25% |
| Oil and Gas | 1 | 25% |
| Clean Energy | 1 | 25% |

11 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Series C | 1 | 25% |
| Funding Round | 1 | 25% |
| Corporate Round | 1 | 25% |
| Post-IPO Equity | 1 | 25% |

### Country

| Country | Investments | Share |
| --- | --- | --- |
| Canada | 2 | 50% |
| United States | 1 | 25% |

## Team

| Name | Title | Investments | Profile |
| --- | --- | --- | --- |
| Alexander Pourbaix | CEO | 0 | https://shizune.co/investors/profile/alexander-j-pourbaix |
| C. Marc Lanero | Vice-President, Supply-Chain Management and CPO | 0 | https://shizune.co/investors/profile/c-marc-lanero |
| Jeff Hart | Executive Vice-President & Chief Financial Officer | 0 | https://shizune.co/investors/profile/jeff-hart-7e02 |
| Jon McKenzie | EVP & COO | 0 | https://shizune.co/investors/profile/jon-mckenzie-41b8 |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| 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. |  | Post-IPO Equity | Oct 08, 2025 |  |
| Hifi Engineering | Hifi Engineering develops robust, high fidelity monitoring systems for the purpose of licensing to oil and gas service companies. The company's turn key fiber optic sensing platforms include sensing cables, downhole tools, acquistions sytems, and various levels of acquisition and interpretation software. Founded 2007, in Calgary Alberta.Hifi Engineering is a team of high end electrical and software engineers, with significant energy experience. Hifi develops turnkey distributed fiber optic sensing systems sensors, hardware & visualization software focused on downhole and pipe applications. We use best-in-class sensor technology, hardware and software platforms to focus on key goal - high quality data for our customers. Hifi’s technology is backed by over 33 patents, and includes strategic investors of Enbridge and Cenovus, as well as a technology and co-marketing relationship with GE and Predix for control room software. | $5.4M |  | Feb 24, 2014 |  |
| Skyonic | Skyonic Corporation operates as an environmental technology company that converts carbon dioxide emissions to solids for long-term storage. The company offers SkyMine, a post-combustion carbon capture and sequestration technology that addresses the issue of climate change through the mineralization of CO2 as carbonate compounds. Its SkyMinetechnology removes heavy metals, acid gases, and carbon dioxide from conditioned at-temperature flue gas and stores the carbon emissions as stable sodium bicarbonate for long-term storage as land or mine fill and returns the flue gas to the plants stack for release. The company also provides construction, installation, and maintenance of facilities and equipment.Skyonic was founded in 2005 and is based in Austin, Texas. | $39M | Series C | Jun 25, 2013 |  |
| Saltworks Technologies | Saltworks provides advanced solutions for treating the toughest waters. We supply innovative systems with smart design and intelligent automation that make clean water, concentrate brine, extract contaminants, and perform zero liquid discharge. With plants sold worldwide, we have an established history of designing, building, and operatingfull-scale industrial wastewater treatment systems. | $1.8M | Corporate Round | Jun 14, 2011 |  |

4 of 4 investments shown.

## Co-investors
- [BP Ventures](https://shizune.co/investors/profile/bp-ventures) — VC Fund, 1 deal together
- [ConocoPhillips](https://shizune.co/investors/profile/conocophillips) — VC Fund, 1 deal together
- [Enbridge](https://shizune.co/investors/profile/enbridge) — VC Fund, 1 deal together
- [Teck](https://shizune.co/investors/profile/teck) — VC Fund, 1 deal together

## Similar investors

### Similar industry
- [Chevron Technology Ventures](https://shizune.co/investors/profile/chevron-technology-ventures) — VC Fund
- [Evok Innovations](https://shizune.co/investors/profile/evok-innovations) — VC Fund
- [Scottish Enterprise](https://shizune.co/investors/profile/scottish-enterprise) — VC Fund

### Similar stage
- [Sequoia Capital](https://shizune.co/investors/profile/sequoia-capital) — VC Fund
- [New Enterprise Associates](https://shizune.co/investors/profile/new-enterprise-associates) — VC Fund
- [Bessemer Venture Partners](https://shizune.co/investors/profile/bessemer-venture-partners) — VC Fund

### Similar country
- [BDC Venture Capital](https://shizune.co/investors/profile/bdc-venture-capital) — VC Fund
- [Real Ventures](https://shizune.co/investors/profile/real-ventures) — VC Fund
- [Anges Quebec](https://shizune.co/investors/profile/anges-quebec) — VC Fund

## Featured in investor lists
- [Oil and Gas VC Funds in Canada](https://shizune.co/investors/oil-and-gas-vc-funds-canada)

## FAQ

### What does Cenovus Energy invest in?

Cenovus Energy invests primarily in Energy, Water and Robotics startups, most often at Series C and Funding Round stage. Most of the 4 investments tracked by Shizune back companies in Canada. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### How do I contact Cenovus Energy?

Public channels for Cenovus Energy include LinkedIn, X (Twitter) and the website linked on this profile. For a verified work email and phone number, create a free Shizune account — contact data is searched across 20+ sources and validated before delivery, so your outreach lands in the right inbox.

### Who are the partners at Cenovus Energy?

The team at Cenovus Energy includes Alexander Pourbaix (CEO), C. Marc Lanero (Vice-President, Supply-Chain Management and CPO) and Jeff Hart (Executive Vice-President & Chief Financial Officer). The Team section lists each member with their title, investment count and links.

### Is Shizune's investor data accurate?

Yes — every stat on this profile is calculated from confirmed public funding rounds monitored across hundreds of sources since 2020. This profile was last refreshed in Aug 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

# About Shizune
Shizune.co is an investor database. Core features:
- 48,091 startup investors (angels, VCs, accelerators, and others)
- Email, phone, LinkedIn (for intros), socials, and other contact data
- Updated daily from public funding news
- CSV and Excel export

The User can access the full database FOR FREE after signing up: shizune.co