Suncor Energy
150 6 Ave SW, Calgary, AB, T2P 3E3, Canada
Overview
Suncor pioneered commercial development of Canada's Athabasca oil sands — one of the world's largest petroleum resource basins. Since then, Suncor has grown to become a globally-competitive, Canadian-based integrated energy company with a balanced portfolio of high quality assets, a strong balance sheet and significant growth prospects.
- Total investments
- 2
- Lead investments
- 1
- Investments · 12mo
- 0
- Active investors
- 8
Sector focus
- Energy
- Marketing
- Oil and Gas
- Renewable Energy
Investment portfolio
- LanzaJet
Led · Equity · Jun 2020
LanzaJet develops and licenses patented ethanol-based alcohol-to-jet (ATJ) technology to create sustainable aviation fuel and renewable diesel. Its flagship Freedom Pines Fuels plant in Soperton, Georgia is the world’s first fully integrated, commercial-scale ethanol-to-fuels facility and, in late 2025, produced ASTM on-spec jet fuel, marking the first commercial-scale SAF made from ethanol. The company’s technology offers a non-oil-based, scalable solution compatible with today’s aircraft, positioning it to accelerate decarbonization in aviation. LanzaJet is also advancing Project Speedbird, a major SAF biorefinery planned for Teesside in the United Kingdom, aided by a grant from the UK Department for Transport’s Advanced Fuels Fund. An innovative multi-year tolling structure at Freedom Pines secures waste-based ethanol feedstock and guarantees offtake for all production. Financially, the firm has attracted backing from strategic investors such as Airbus, All Nippon Airways, Breakthrough Energy, IAG, Shell, and Microsoft’s Climate Innovation Fund. The latest capital raise values the company at $650 million pre-money and supports further commercial deployments of its ATJ technology.
- VEERUM
Participated · Equity · Sep 2019
VEERUM develops a visual operations platform that lets industrial teams access, analyze, and collaborate on rich 3D and geospatial data for their assets. In 2025 the company highlighted major product roll-outs, including VisOps, an advanced shutdown and turnaround planning suite, and the VEERUM 3DVAULT for centralized geospatial data management and governance. It also introduced a single-tenant VEERUM DigitalTWIN offering to further enhance data security and scalability for clients. VEERUM positions these offerings as critical as industrial operators face rising risk, shrinking margins, and increasingly complex facilities. The firm has earned multiple workplace accolades, achieving Great Place to Work certification three years running and being named a 2023 Best Workplace in Alberta. Financially, VEERUM bolstered its growth plans with a $12 million Series B round aimed at cementing its visual operations standard across industry. No revenue or user figures were disclosed in the articles, but the funding signals continued investment in product expansion and market penetration.