On March 19, 2025, Summit Nanotech Corporation announced that it secured a US$25.5-million funding round led by Evok Innovations and BDC Capital’s Climate Tech Fund. This round also saw participation from Xora Innovation, Capricorn Investment Group, LG Technology Ventures and Japanese mining company Mitsui Kinzoku’s SBI Material Innovation Fund.
Evok Innovations Inc. is a Canadian-based venture capital firm that focuses on investing in developing and deploying cutting-edge clean energy technology.
BDC Capital Inc. is the investment arm of the Business Development Bank of Canada and is Canada’s largest venture capital investor.
Summit Nanotech Corporation, headquartered in Alberta, is a cleantech organization developing sustainable direct lithium extraction technologies.
Osler, Hoskin & Harcourt LLP advised Evok Innovations Inc. and BDC Capital Inc. with a team consisting of Justin Young, Jacob Young, Laura Webb and Ian Nelson (Emerging and High Growth Companies).
Key Contact
Partner, Emerging and High Growth Companies, Vancouver
Team
Partner, Emerging and High Growth Companies, Calgary
Partner, Emerging and High Growth Companies, Vancouver
Associate, Emerging and High Growth Companies, Vancouver
