Evok Innovations

Evok Innovations is a Vancouver-based venture capital firm dedicated to accelerating the energy transition through strategic investments in cleantech and industrial decarbonization. The firm focuses on a range of critical areas including clean hydrogen, sustainable fuels, carbon capture, next-gen energy solutions, critical minerals, and the circular economy. Evok distinguishes itself by not only providing capital but also leveraging a world-class team of technologists, company builders, and climate investors to support its portfolio companies. This approach is further enhanced by their unique Venture Studio model, which helps de-risk and build promising companies from inception.

Evok primarily invests in early-stage companies, spanning from Seed to Series B rounds, with a particular emphasis on Series A. Their typical initial investment ranges from US$3 million to US$10 million, with a clear strategy to reserve substantial follow-on capital for subsequent funding rounds as their portfolio companies grow. This indicates a commitment to long-term partnerships and providing sustained support throughout a company's development.

The firm has demonstrated significant growth and commitment to the cleantech sector. Evok successfully closed its inaugural fund at US$100 million in 2019, deploying capital into a diverse portfolio of innovative companies. Building on this success, Evok Innovations is currently raising its second fund, which targets an impressive US$300 million. This larger fund will enable them to expand their impact and continue to back groundbreaking technologies essential for the global energy transition and industrial decarbonization.