Working together for industry change. Avatar fills a critical gap in the energy innovation ecosystem by working with large oil and gas firms to champion solutions from within by engaging their staff. It creates a safe “third space” for energy companies and academia to collaborate and unlock new business opportunities. It’s a multi-faceted approach to solving the energy sector’s most challenging problems.
Industries
Focus Areas
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Stages Supported
Services Offered
Programs
Avatar Ignite
courseA 14-week immersive leadership development program that engages industry professionals in energy transition technologies and market dynamics. Teams work on real-world energy technology challenges and pitch solutions to senior executives, with top projects advancing to Studio.
Avatar Studio
acceleratorA technology development studio that takes promising solutions from Ignite and collaborates with customers and industry experts to develop investor-ready business opportunities. Teams receive capital, develop prototypes and business models, then pitch at Demo Day.
Avatar Ventures
otherA venture fund that provides early-stage risk capital to bring industry-led technologies to market. Avatar Leadership Fund I is anchored by Cenovus Energy and supports Studio graduates forming venture companies.
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Company Revenue Stages
Avatar Ventures companies own their IP as 'NewCo' entities. Program operates across North America with in-person delivery in Houston and Calgary plus virtual options. Anchored by partnership with Cenovus Energy for early-stage capital funding.
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This classification is inferred from available data. Organizations can self-classify using the typology framework.
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