Augur VC

Augur VC backs energy and compute infrastructure for the next wave of applied AI. Founded in 2022, it's based in Calgary, Alberta, and San Francisco, California, specializing in AI infrastructure investing at the pre-seed and seed stages. The firm operates on a "watt-bit" thesis, backing both AI solutions that bolster and balance the world's energy systems and the energy infrastructure powering the next wave of AI — its flywheel is designed to attract top energy AI founders globally. Its focus spans GPU and compute power integration, off-grid energy solutions for data centers, and adjacent applications like wildfire detection and methane monitoring. Notable investments include Pano AI (a Forbes Top 10 AI company), Daedaline, HyLight, Iron Grid, GPU StealthCo, Simply Silicon, InferX, and Beyond Reach Labs. Augur's flagship Energy AI Fund I ranks in the top 5% of funds globally by MOIC and TVPI for its 2023 vintage, reflecting an investment approach centered on the convergence of energy and AI infrastructure at the earliest company stages.