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Avatar Innovations

Venture studio

Calgary · Pre-Seed–Seed · 35 people tracked

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Investment thesis

Avatar Innovations is a venture platform purpose-built for the energy industry, combining leadership development, technology commercialization, and early-stage financing. Its three-stage program spans Avatar Ignite (a 14-week immersive leadership program tackling real-world energy transition challenges), Avatar Studio (a technology studio turning industry-validated concepts into investor-ready ventures), and Avatar Ventures (a fund providing early-stage risk capital to bring industry-led technologies to market). The Avatar Leadership Fund I is anchored by Cenovus Energy. The firm focuses on energy transition themes including carbon control, next-generation grid and power, methane mitigation, natural gas, shale production optimization, next-gen data centers, and mining optimization.

Invests inCleantechClimate TechEnergyNew MaterialsCalgaryCanadaNorth AmericaUnited States

Source: firm website, verified Aug 3, 2026.

Stage
Pre-Seed–Seed
HQ
Calgary, AB, CA
Instruments
Equity · Grants

Team · 35 people

from the firm's website
Arun Chandrasekaran· Head of Energy Investment Banking, National Bank Financial Inc.
Aurelie Lagisquet· Technology Development
Chima Nkemdirim· Government Relations
Cristina Lopez· Finance
Deborah Yedlin· Chair of the Boardin
Diane Myers· Controller
Hamish Clark· Technology Development
Harsimran Singh· Finance
Heather Eddy· HR Consultant
Jana Brigden· Accounting Clerk
Janet Annesley· Government Relations
Jenna Richardson-Prager· Avatar Alumni
Josh Pentland· Government Relations
JP Bauman· Finance
Kevin Birn· Government Relations
Lorraine Mitchelmore· Avatar Mentorin
Mac Mitchell· Indigenous Relations
Peter Tertzakian· Partner, ARC Energy Research Institutein
Rob Baillargeon· Director, Innovation, Cenovus Energy
Shawn Mahoney· Technology Development
Souvik Neogi· Avatar Alumni
Thomas Connell· Avatar Alumni

Frequently asked questions

What stage does Avatar Innovations invest at?
Avatar Innovations invests at the Pre-Seed, Seed stages.
What sectors does Avatar Innovations focus on?
Avatar Innovations focuses on Cleantech, Climate Tech, Energy, New Materials.
Where is Avatar Innovations located?
Avatar Innovations is headquartered in Calgary, CA.

Media · Podcasts & interviews

featuring the team

CRIN @ COP28 Episode 6: Kevin Krausert, Avatar Innovations

CRIN Clean Resource Innovation Network · Kevin Krausert

Avatar Innovations: Creating the Future of Energy Transition w/ Kevin Krausert & Mackenzi Mitchell

Young Canadians For Resources · Kevin Krausert

Energy Transition The Apollo Project of our Time Kevin Krausert CEO & Co-Founder Avatar Innovations

CIFAL York · Kevin Krausert

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