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 2 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 3 acquisitions, namely DarkVision, 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 11 people including 5 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 VEERUM.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. DarkVision
Developer of acoustic imaging technology for industrial asset inspection applications. It captures three-dimensional data to identify and quantify defects. It provides insights for completion optimization, well integrity, and obstruction identification. The technology is used in downhole imaging and in-line inspection. The tools provide detailed imagery and 3D models of wells, flow profiles, completions, and wellbore formations.
Key facts about DarkVision
- Founded Year: 2013
- Location: North Vancouver (Canada)
- Stage: Acquired
- Total Funding till date: $5.5M
- Employee Count: 276 as on Jul 31, 2026
- Investors: Evok Innovations, Sustainable Development Technology Canada and 7 Others
- Latest Funding Round: Series A, Sep 19, 2016, $*****
- Highlight: Acquired
2. 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: 21 as on Jul 31, 2026
- Investors: Prelude Ventures, Evok Innovations and 5 Others
- Latest Funding Round: Grant (prize money), Jan 16, 2025, $*****
- Highlight: Editors' Pick
3. 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: 268 as on Jul 31, 2026
- Investors: Capricorn, Rising Tide Fund and 55 Others
- Latest Funding Round: Series C, May 06, 2025, $*****
- Highlight: Editors' Pick
_1560141200156.png?format=webp&height=120&width=120){kind=logo}
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: 159 as on Jul 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
- Founded Year: 2020
- Location: Port Coquitlam (Canada)
- Stage: Series B
- Total Funding till date: $100M
- Employee Count: 78 as on Jul 31, 2026
- Investors: TD Bank, Evok Innovations and 20 Others
- Latest Funding Round: Series B, May 05, 2026, $*****
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 | 4267 | [+2] | |
May 05, 2026 | Canada | Series B | 1413 | ||
Apr 30, 2026 | United States | Series B | 7665 | ||
Sep 15, 2025 | Canada | Series A | 6631 | [+6] | |
Aug 07, 2025 | United States | Series A | 6649 | [+3] |
Acquired companies in Evok Innovations' Portfolio
3 companies from Evok Innovations' portfolio have been acquired. The most recent acquisition was DarkVision in Jul 2026 by Blackstone for $*****.Here are Evok Innovations' portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Jul 30, 2026 | Sep 19, 2016 | Series A | 9204 | |
Apr 22, 2022 | Sep 27, 2016 | Seed | 4008 | |
Apr 27, 2021 | Sep 27, 2016 | Seed | 5048 |
Team profile of Evok Innovations
Evok Innovations has a team of 11 members including 5 Partners and 2 Principals located in Canada and United States. Evok Innovations' team sits on the board of 2 companies.Here is a list of top team members in Evok Innovations:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | - | - | ||
Partner | Vancouver | - | ||
Partner | Walnut Creek | - | ||
Partner | Toronto | |||
Partner | Vancouver | - | ||
Principal | - | - | - | |
Principal | Calgary | - |
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, BDC 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 BDC 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
•
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
•
Moment Energy secures $40 million to advance battery platformEvertiq•Jun 05, 2026•Liberty Mutual Investments, Moment Energy, W23, Acario Innovation and 1 other
•
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
•
•
DISA Technologies Secures $33 Million in Strategic Funding Led by GalvanizeSuperbCrew•May 04, 2026•Galvanize, BHP, Disa, Veriten and 4 others
•
Rodatherm Secures $38M Series A Funding for Geothermal EnergyRenewable Energy Magazine•Oct 13, 2025•Rodatherm, TDK Ventures, TechEnergy Ventures, Toyota Ventures and 1 other
•
Geothermal Startup Rodatherm Uses Refrigerants, Not Water, to Make EnergyFinancial Post•Sep 15, 2025•Rodatherm, Evok Innovations
•
DISA Technologies Secures $30M Series A2 to Advance Mineral Processing & Uranium Remediationintelligence360•Aug 22, 2025•Disa, Halliburton Labs, Veriten, Evok Innovations and 2 others
•
Disa Receives $30 Million Series A FundingJinglingshuju•Aug 07, 2025•Disa, Halliburton Labs, Veriten, Evok Innovations and 2 others
•
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
