Fundraising Fox

Eavor

Calgary, CA · 2 known investors

Find your way into Eavor

207 people in our graph share verified history with the Eavor team — schools, employers, funds. One of them is your warm intro.

Noubar Afeyanunlockedknows JOHN REDFERN · together at McGill University (overlapped)
knows the team · via INSEAD
×2knows the team · via Haskayne School of Business
×7knows the team · via University of Calgary
knows the team · via Saint Mary's University

Eavor is a geothermal energy company developing a closed-loop system (Eavor-Loop) that circulates a proprietary working fluid underground to produce baseload or dispatchable heating, cooling, and electricity. It aims to make geothermal energy scalable globally, with a full-scale demonstration facility near Rocky Mountain House, Alberta.

CleantechClimate TechEnergy

Founders & leadership

PC
PAUL C. CAIRNSinCo-Founder, CBDO2017–2025Paul C. Cairns has 25 years of experience across oil and gas services, industrial products, capital finance, and technology ventures. He is an Executive Officer and Director at Eavor, a geothermal energy company developing closed-loop systems for global heating, cooling, and electricity generation.
JRJOHN REDFERN
JOHN REDFERNinStrategic Advisor & Co-Founder2025–2025He previously co-founded LocalGravity, a geolocation analytics firm, spent 13 years working in Shenzhen, China, and holds degrees in Engineering Physics from Queen's University, Law from McGill University, and an MBA from INSEAD.
JVJEANINE VANY
JEANINE VANYinCo-founder · Executive Vice President Corporate Affairs2022–2026Jeanine Vany is an Executive Officer at Eavor, a geothermal energy company developing closed-loop systems for heating, cooling, and electricity generation. Her background spans energy policy, subsurface characterization, and executive leadership.
MAMATTHEW A. TOEWS
MATTHEW A. TOEWSinCo-founder · Chief Technology Officer
RMRYAN MICHALUK
RYAN MICHALUKinChief Financial Officer2018–2022
DN
DEREK NORMAN RIDDELLExecutive

Board

RF
ROSS F. MCCURDYBoard director
VD
V.E. DALE BURSTALLBoard director
DM
DOUGLAS MICHAEL BEACHBoard director

Investors · 2

Vickers Venture PartnersSingapore
Canada Growth FundreportedMontreal

Reported raises · per SEC filings

Form D private placements

$33.6M disclosed across 8 rounds · 2019–2023

▶$16MraisedNov 2023 · 1 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Matthew A. ToewsExecutive Officer
  • Daniel MoelkExecutive Officer
  • Bailey SchwarzExecutive Officer
  • Douglas Michael BeachDirector
  • Jeanine VanyExecutive Officer
  • Yuta KanoDirector
  • Chad BownDirector
  • Cole EslingerExecutive Officer
  • Selin BastinDirector
  • John RedfernExecutive Officer, Director
  • Finian TanDirector
  • Robert WinsloeExecutive Officer
  • Shyamli MohamedExecutive Officer
  • Paul C. CairnsExecutive Officer
  • Stephan HannkeDirector
Offering amount
$27.7M
Amount sold
$16M
First sale
Jun 2023
Incorporated
Corporation, Alberta, Canada
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$405KraisedMar 2023 · 1 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • John RedfernExecutive Officer, Director
  • Douglas Michael BeachDirector
  • Neil BothwellExecutive Officer
  • Yuta KanoDirector
  • Jeanine VanyExecutive Officer
  • Bailey SchwarzExecutive Officer
  • Chris HoDirector
  • Cheri CorbettDirector
  • Paul C. CairnsExecutive Officer
  • Finian TanDirector
  • Daniel MolkExecutive Officer
  • Shyamli MohamedExecutive Officer
  • Chad BownDirector
  • Matthew A. ToewsExecutive Officer
  • Robert WinsloeExecutive Officer
Offering amount
$405K
Amount sold
$405K
First sale
Mar 2023
Incorporated
Corporation, Alberta, Canada
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$2MraisedDec 2022 · 1 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Neil BothwellExecutive Officer
  • Finian TanDirector
  • Yuta KanoDirector
  • Paul CairnsExecutive Officer
  • John RedfernExecutive Officer, Director
  • Douglas BeachDirector
  • Matt ToewsExecutive Officer
  • Chad BownDirector
  • Cheri CorbettDirector
  • Robert WinsloeExecutive Officer
  • Jeanine VanyExecutive Officer
  • Chris HoDirector
Offering amount
$2M
Amount sold
$2M
First sale
Nov 2022
Incorporated
Corporation, Alberta, Canada
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$5.9MraisedJan 2022 · 1 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Ryan MichalukExecutive Officer
  • Finian TanDirector
  • Chad BownDirector
  • Douglas BeachDirector
  • Jeanine VanyExecutive Officer
  • Paul CairnsExecutive Officer, Director
  • Robert WinsloeExecutive Officer
  • Cheri CorbettDirector
  • Matthew ToewsExecutive Officer
  • John RedfernExecutive Officer, Director
  • Chris HoDirector
Offering amount
$5.9M
Amount sold
$5.9M
First sale
Dec 2021
Incorporated
Corporation, Alberta, Canada
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$8.9MraisedFeb 2021 · 2 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Paul CairnsExecutive Officer, Director
  • Matthew ToewsExecutive Officer
  • Jeanine VanyExecutive Officer
  • Robert WinsloeExecutive Officer
  • John RedfernExecutive Officer, Director
  • Ryan MichalukExecutive Officer
  • Douglas BeachDirector
  • Chad BownDirector
  • Chris HoDirector
  • Cheri CorbettDirector
  • Finian TanDirector
Offering amount
$8.9M
Amount sold
$8.9M
Minimum investment
$3.9M
First sale
Feb 2021
Incorporated
Corporation, Alberta, Canada
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$39.1KraisedFeb 2021 · 1 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • John RedfernExecutive Officer, Director
  • Ryan MichalukExecutive Officer
  • Douglas BeachDirector
  • Dale BurstallDirector
  • Matthew ToewsExecutive Officer
  • Ross McCurdyDirector
  • Finian TanDirector
  • Paul CairnsExecutive Officer, Director
  • Chris HoDirector
Offering amount
$39.1K
Amount sold
$39.1K
First sale
Feb 2021
Incorporated
Corporation, Alberta, Canada
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$266.1KraisedMay 2020 · 2 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • V.E. DALE BURSTALLDirector
  • FINIAN TANDirector
  • DOUGLAS MICHAEL BEACHDirector
  • JOHN REDFERNExecutive Officer, Director
  • DEREK NORMAN RIDDELLExecutive Officer, Director
  • ROBERT WINSLOEExecutive Officer
  • ROSS F. MCCURDYDirector
  • CHRIS HODirector
  • JEANINE VANYExecutive Officer
  • MATTHEW A. TOEWSExecutive Officer
  • RYAN MICHALUKExecutive Officer
  • PAUL C. CAIRNSExecutive Officer, Director, Promoter
Offering amount
$709.7K
Amount sold
$266.1K
First sale
May 2020
Incorporated
Corporation, Alberta, Canada
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$149KraisedSep 2019 · 2 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • RYAN MICHALUKExecutive Officer
  • PAUL C. CAIRNSExecutive Officer, Director, Promoter
  • JOHN REDFERNExecutive Officer
  • JEANINE VANYExecutive Officer
  • MATTHEW A. TOEWSExecutive Officer
  • ROSS F. MCCURDYDirector
  • V.E. DALE BURSTALLDirector
  • DOUGLAS MICHAEL BEACHDirector
  • DEREK NORMAN RIDDELLExecutive Officer, Director
Offering amount
$783.8K
Amount sold
$149K
First sale
Mar 2019
Incorporated
Corporation, Alberta, Canada
Federal exemptions
06b
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

In the news

Eavor Geothermal: Company Profile & Stock — Geothermal Insidergeothermalinsider.com · Aug 2026Canada Growth Fund announces additional investment in Eavor Technologies, a Calgary-based advanced geothermal technology companyfinance.yahoo.com · Jun 2025CGF to invest additional $138M in Eavor Technologies | Private Capital Journalprivatecapitaljournal.com · Jun 2025Eavor Technologies Raises $182M in Fundingfinsmes.com · Oct 2023Capital Raise of $182 Million Confirms Eavor as the Leader in Scalable Geothermal - Eavoreavor.com · Oct 2023Cleantech Startup Eavor Raises CAD$15M in Series A Funding - FinSMEsfinsmes.com · Sep 2019

Frequently asked questions

What does Eavor do?
Eavor is a geothermal energy company developing a closed-loop system (Eavor-Loop) that circulates a proprietary working fluid underground to produce baseload or dispatchable heating, cooling, and electricity. It aims to make geothermal energy scalable globally, with a full-scale demonstration facility near Rocky Mountain House, Alberta.
Who founded Eavor?
Eavor was founded by PAUL C. CAIRNS, JOHN REDFERN, JEANINE VANY, MATTHEW A. TOEWS.
Who are Eavor's investors?
Eavor's investors include Vickers Venture Partners, Canada Growth Fund.
How much funding has Eavor raised?
Eavor has disclosed $33.6M raised across 8 rounds.
Where is Eavor headquartered?
Eavor is headquartered in Calgary, CA.