About Evok Innovations
Evok Innovations is a venture capital firm founded in 2016. It is primarily based out of Vancouver, Canada. As of Jun 2026, Evok Innovations is an active investor, having invested in 29 companies, with 3 new investments in the last 12 months. It primarily invests in Series A round in United States based startups. Its investments are spread across a wide range of sectors from High Tech to Enterprise Applications and Environment Tech. Most recently it participated in the $***** Series B round of SensorUp Overall, Evok Innovations portfolio has seen 2 acquisitions, namely Mosaic Materials and Metabolik Technologies. A lot of funds co-invest with Evok Innovations, with names like Export Development Canada sharing a substantial percentage of its portfolio. Evok Innovations has team of 10 people including 3 partners.Key Metrics
Team Members
Portfolio Count
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Series A, Series B & 2 more
Portfolio Acquisitions
Portfolio Soonicorns
Deals in last 12 months
Evok Innovations' List of Top Investments
Evok Innovations has a portfolio of 29 companies. Their most notable investments are in Summit Nanotech and Summit Nanotech.Their portfolio spans across United States, Canada and Israel. They have invested in High Tech, Enterprise Applications, Environment Tech and 7 other sectors, across stages such as Series A, Series B and 2 more. Here is the list of top investments by Evok Innovations:
1. Ebb Carbon
Provider of electrochemical technology for freshwater recovery, carbon removal, and chemicals. It offers systems that integrate with industrial water operations, using brine as feedstock. The technology converts brine into filtered brine, acid, and base streams. These streams drive increased water recovery, sustainable industrial chemical production, and carbon removal.
Key facts about Ebb Carbon
- Founded Year: 2021
- Location: San Carlos (United States)
- Stage: Series A
- Total Funding till date: $33.8M
- Employee Count: 24 as on May 31, 2026
- Investors: Prelude Ventures, Evok Innovations and 5 Others
- Latest Funding Round: Grant (prize money), Jan 16, 2025, $*****
- Highlight: Editors' Pick
2. Twelve
Developer of carbon transformation technology producing fuels and feedstock products. The company's technology transforms carbon dioxide, water, and renewable electricity into hydrocarbons. These hydrocarbons are drop-in replacements for conventional petroleum-based materials and ingredients. The resulting products have zero fossil fuels, zero emissions, and no trade-offs in quality.
Key facts about Twelve
- Founded Year: 2015
- Location: Berkeley (United States)
- Stage: Series C
- Total Funding till date: $472M
- Employee Count: 265 as on May 31, 2026
- Investors: Mitsui, Rising Tide Fund and 54 Others
- Latest Funding Round: Series C, May 06, 2025, $*****
- Highlight: Editors' Pick
3. Allonnia
Provider of solutions for upcycling plastic waste. It uses advanced biology and technology to recycle and convert upcycle waste. It is focused on four key sectors of mining, industry, energy, and plastics, including segments of PFAS separation and concentration, PFAS sensing, rare earth elements - REE, oil sands process water - OSPW, and Plastics.
Key facts about Allonnia
- Founded Year: 2019
- Location: Boston (United States)
- Stage: Series A
- Total Funding till date: $111M
- Employee Count: 56 as on May 31, 2026
- Investors: BHP, Viking Global Investors and 12 Others
- Latest Funding Round: Series A, Dec 10, 2025, $*****
- Highlight: Editors' Pick
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4. Sanctuary AI
Developer of AI-powered general-purpose robots for industrial applications. The company focuses on creating robots with dexterity, tactile feedback, and fine manipulation capabilities. These robots are designed to mimic human movement and cognitive processes, enabling them to learn and interact with the world. The robots are built with strong torsos for industrial-grade tasks, completing tasks quickly and accurately.
Key facts about Sanctuary AI
- Founded Year: 2018
- Location: Vancouver (Canada)
- Stage: Series A
- Total Funding till date: $100M
- Employee Count: 165 as on May 31, 2026
- Investors: Workday Ventures, Conconi Growth Partners and 18 Others
- Latest Funding Round: Series A, May 26, 2026, $*****
- Highlight: Editors' Pick
Provider of battery energy storage systems using repurposed electric vehicle batteries. The company offers systems designed to reduce demand charges and provide backup power. These systems support peak shaving, load shifting, electric vehicle charging, and renewable energy integration. The battery energy storage systems are built to meet codes and avoid supply chain delays.
Key facts about Moment Energy
Evok Innovations' Year-on-Year Investment Trends
Evok Innovations has invested in 29 companies over the last 10 years, with an average of 3 new investments annually in the last 10 years. In 2025, it made 6 investments, while as of Jun 2026, it has made 3 investments in this year. Its most recent first time investment was in Moment Energy and most recent follow-on round was in SensorUp.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 1 | 2 | 3 |
2025 | 3 | 3 | 6 |
2024 | 3 | 0 | 3 |
2023 | 3 | 3 | 6 |
2022 | 3 | 2 | 5 |
2021 | 2 | 3 | 5 |
2020 | 2 | 0 | 2 |
2019 | 2 | 0 | 2 |
2018 | 2 | 0 | 2 |
Evok Innovations' Investments by Stage
Evok Innovations has made 15 investments in Series A stage with an average round size of $23.4M, 5 investments in Series B stage with an average round size of $40.4M, 4 investments in Seed stage with an average round size of $2.5M and 1 investment in Series E stage with an average round size of $42M.Stage of entry | No. of Investments |
|---|---|
Series A | 15 |
Series B | 5 |
Seed | 4 |
Series E | 1 |
Note: We have considered here, only first round of investments
Evok Innovations' Investments by Sector
Evok Innovations has a diverse portfolio, with companies operating in the High Tech, Sustainability Tech, Energy Tech, Environment Tech and Enterprise Applications. Notably, it has invested in 27 Enterprise (B2B) companies, 24 Tech companies, 9 Tech hardware companies and at least 7 companies focusing on Software.Sector | No. of Investments |
|---|---|
High Tech | 14 |
Sustainability Tech | 10 |
Energy Tech | 9 |
Environment Tech | 9 |
Enterprise Applications | 8 |
Others | 18 |
Note: We have considered here, only first round of investments
Evok Innovations' Investments by Geography
Evok Innovations has made most investments in United States (13), followed by Canada where it has made 12 investments.Country | No. of Investments |
|---|---|
United States | 13 |
Canada | 12 |
Note: We have considered here, only first round of investments
Evok Innovations' recent investments
Evok Innovations has made 3 investments in 2026 so far. SensorUp and Moment Energy are the latest among them.Here are the most recent investments by Evok Innovations:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Jun 03, 2026 | Canada | Series B | 2243 | [+2] | |
May 05, 2026 | Canada | Series B | 6717 | ||
Apr 30, 2026 | United States | Series B | 5513 | ||
Sep 15, 2025 | Canada | Series A | 3516 | [+6] | |
Aug 07, 2025 | United States | Series A | 9649 | [+3] |
Acquired companies in Evok Innovations' Portfolio
2 companies from Evok Innovations' portfolio have been acquired. The most recent acquisition was Mosaic Materials in Apr 2022 by Baker Hughes for $*****.Here are Evok Innovations' portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Apr 22, 2022 | Sep 27, 2016 | Seed | 5531 | |
Apr 27, 2021 | Sep 27, 2016 | Seed | 7902 |
Team profile of Evok Innovations
Evok Innovations has a team of 10 members including 3 Partners and 1 Principal located in Canada. Evok Innovations' team does not sit on the board of any company as of now.Here is a list of all team members in Evok Innovations:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | - | - | - | |
Partner | Vancouver | - | ||
Partner | Vancouver | - | ||
Principal | - | - | - |
Co-investors of Evok Innovations
Over the past 10 years, 200 investors have co-invested in Evok Innovations's portfolio companies. This includes funds and angels.
- Invested before Evok Innovations: DOE, America’s Seed Fund and 74 others have invested in rounds before Evok Innovations. There are 3 companies where DOE has invested before Evok Innovations and 2 companies where America’s Seed Fund has invested before Evok Innovations.
- Top Co-investors of Evok Innovations: 60 investors entered a company along with Evok Innovations. These include investors like Export Development Canada (3 companies).
- Invested after Evok Innovations: A total of 64 investors have invested in Evok Innovations's portfolio after their investments. Top Investors include OSTI (4 companies), BDC (3 companies) and United Airlines (2 companies).
Recent News related to Evok Innovations
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DISA Technologies CEO Testifies Before Congress on Turning Abandoned Uranium Mine Waste Into Domestic Critical Mineral SupplyMiningstockeducation•Jun 25, 2026•Evok Innovations, Valor Equity Partners, Galvanize, BHP and 2 others
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Moment Energy secures $40 million to advance battery platformEvertiq•Jun 05, 2026•Liberty Mutual Investments, Moment Energy, W23, Acario Innovation and 1 other
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SensorUp Secures Growth Financing to Scale Operations Platform for Heavy IndustryPR Newswire•Jun 03, 2026•Climate Investment, Pender Ventures, Evok Innovations, Oxy and 1 other
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DISA Technologies Secures $33 Million in Strategic Funding Led by GalvanizeSuperbCrew•May 04, 2026•Galvanize, BHP, Disa, Veriten and 4 others
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Rodatherm Secures $38M Series A Funding for Geothermal EnergyRenewable Energy Magazine•Oct 13, 2025•Rodatherm, TDK Ventures, TechEnergy Ventures, Toyota Ventures and 1 other
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Geothermal Startup Rodatherm Uses Refrigerants, Not Water, to Make EnergyFinancial Post•Sep 15, 2025•Rodatherm, Evok Innovations
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DISA Technologies Secures $30M Series A2 to Advance Mineral Processing & Uranium Remediationintelligence360•Aug 22, 2025•Disa, Halliburton Labs, Veriten, Evok Innovations and 2 others
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Disa Receives $30 Million Series A FundingJinglingshuju•Aug 07, 2025•Disa, Halliburton Labs, Veriten, Evok Innovations and 2 others
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DISA Technologies Closes Oversubscribed $30M Series A2 Round for Mineral Processing & Uranium RemediationPR Newswire•Aug 06, 2025•Disa, Evok Innovations, Constellation Energy, Halliburton Labs and 3 others
