Company: Evok Innovations
Description: Evok Innovations, established in 2016 through a strategic partnership between Suncor, Cenovus, and the BC Cleantech CEO Alliance, is dedicated to advancing the development and implementation of cutting-edge clean energy technologies. The firm's inaugural fund was designed to accelerate the emergence of critical energy transition technologies throughout North America. To date, Evok Innovations has successfully made 16 investments focused on decarbonization technologies, which encompass a wide range of solutions including clean hydrogen, carbon-to-value, and long-duration energy storage.
Building upon the foundation laid by its first fund, Evok Innovations launched Fund II in 2022. This new initiative aims to direct early-stage investments across North America, emphasizing vital industrial decarbonization sectors. Key areas of focus include carbon capture, utilization, and storage (CCUS), low-carbon fuels, clean energy and grid innovations, mobility, advanced materials, and the principles of circularity. Through these efforts, Evok Innovations continues to play a crucial role in supporting the transition to a sustainable energy future, fostering innovation, and driving the adoption of transformative technologies.