Fundraising Fox

Chrysalix

Venture capital

Delft · Seed–Series A · 21 people tracked

Also known as CEMI SERVICES LTD.

Fox Verdict
Sign up to see your fit

Investment thesis

Chrysalix focuses on high-value industrial innovation, backing visionary founders whose technologies help resource-intensive industries meet efficiency, differentiation, and sustainability targets. Drawing on more than two decades of experience in energy and industrial innovation, the firm selects and invests in technologies relevant to sustainable industries.

Source: firm website, verified Aug 25, 2026.

Stage
Seed–Series A
Check
$36.5K – $2.9M
HQ
Delft, BC, NL
Instruments
Equity
Founded
2003
Last 12 months
1 investment
AUM
$270.1M
VC funds
5
Tracked investments
25

Team · 21 people

from the firm's website & public directories

Founder mafia

4 people who came through Chrysalix went on to found or lead other companies.

What they invest in

from 19 of 25 portfolio companies

Cleantech ×9AI & Machine Learning ×8Deep Tech ×7Hardware ×7Advanced Manufacturing ×6Energy ×4New Materials ×4Robotics ×3

HQs:United States×5Canada×4United Kingdom×1Netherlands×1

Investments · 25 tracked

founders shown can be your intro path

By year:2026 · 12024 · 12023 · 22016 · 12015 · 16 dated

General Fusiongeneralfusion.comin𝕏NASDAQ: GFUZJul 2026

General Fusion develops Magnetized Target Fusion (MTF) technology, combining plasma physics, mechanical compression, and liquid metal systems to build a practical, cost-competitive fusion power plant.

CleantechDeep TechEnergyBurnaby, CA

Michael Laberge(Executive Officer)Michel Laberge(Executive Officer)Nathan Gilliland(Executive Officer, Director)Susan Koch(Executive Officer)Greg Twinney(Executive Officer, Director)Megan Wilson(Chief Strategy Officer)

Board seatWal van Lierop· per SEC Form D

Co-investorsBraemar Energy VenturesEvolution VC PartnersHelium-3 VenturesJIMCONew Ground VenturesPender Growth Fund+4 more

Minehubminehub.comin𝕏OTC: MHUBF

MineHub offers a modular, cloud-based platform that digitizes post-contract trade execution—covering order and shipment management, inventory, assays, invoicing, and emissions reporting—for the global metals and commodities supply chain.

Enterprise SoftwareLogistics & Supply ChainSaaSVancouver

Monika Russell(Chief Executive Officer)Andrea Aranguren(Chief Executive Officer)Guy Halford-Thompson(Director)Gavin Cooper(Executive Officer)Arnoud Star Busmann(Executive Officer)Mathijs Bulten(Executive Officer)

Deadwoodinnovationsdeadwoodinnovations.cain✓ verified

Deadwood Innovations develops a lumber upgrading technology for the forestry industry, including the utilization of aspen wood.

Advanced ManufacturingCleantechNew Materials

Axine Water Technologies Inc.Aug 2023SEC filingmedium confidence

Vancouver

Jonathan Rhone(Executive Officer, Director)Tony van Bommel(Director)Marty Reed(Director)Greg Peet(Director)Colleen Freda Legzdins(Executive Officer, Director)

Board seatWal van Lierop· per SEC Form D · $9M raise · filed Nov 2024

Co-investorsThe Roda GroupVanedge CapitalVanedge Capital Limited Partnership

GlassPointglasspoint.comin𝕏Jul 2024SEC filingmedium confidence

GlassPoint provides solar thermal systems that generate industrial process steam on-site for manufacturers and industrial operators in sunny regions, offered through a Steam-as-a-Service model where it designs, builds, owns, and operates the equipment.

New York, US

Rod MacGregor(Executive Officer, Director, Promoter)Jacob Drejer(Executive Officer)David Tickner(Executive Officer)Marcus Balz(Executive Officer)Robert Worthington(Executive Officer)

BoardHenri de Bokay(Director)

Board seatRichard Mackellar· per SEC Form D · $3.7M raise · filed Jul 2024

MineSenseminesense.comin𝕏Oct 2016

MineSense builds a combined hardware and software system with proprietary algorithms that measures and reports ore grade and characteristics in real-time at the mine face, helping mining operators classify ore versus waste.

AI & Machine LearningCleantechHardwareVancouver

Jeff More(Executive Officer, Director)Fadi Kanafani(Executive Officer)Alan Bradford(Executive Officer)Lisa Payne(Executive Officer)Charles Haythornwaite(Director)Andrew Bamber(Executive Officer, Director)

PartnerCharles Haythornthwaite· led

Board seatRichard Mackellar· per SEC Form D

Co-investorsPrelude VenturesCycle CapitalExport Development Canada (EDC)JP Morgan Chase

Applied Impact Roboticsappliedimpactrobotics.com

Applied Impact Robotics builds robotic systems for in-service inspection of crude oil storage tanks, allowing inspections without shutdowns or human entry into hazardous, sludge-filled tanks.

CleantechEnergyHardwareRoboticsAshburn, US

Fred Melvelle Briggs(Executive Officer, Director)James Arthur Nyquist(Executive Officer, Director)inJade West Garrett(Executive Officer, Director)

BoardNicholas John Andruschak(Director)in

Co-investorsSoundboard Venture FundVirginia Venture Partners

Axine,axinewater.comin𝕏

Axine Water Technologies develops electrochemical oxidation technology to destroy PFAS, pharmaceuticals, solvents, and other persistent organic contaminants in industrial wastewater.

CleantechClimate TechDeep TechVancouver, CA

Victor Leung, Ph.D., P.Eng.(Chief Technology Officer)Mark Ralph(President & CEO)inVictor Leung(Chief Technology Officer)inAndrew Mrasek(Chief Revenue Officer)in

Co-investorsForesightThe Roda GroupVanedge CapitalVanedge Capital Limited Partnership

Brammobrammo.comJan 2015

Talent, US

Craig A. Bramscher(Executive Officer, Director)Craig Bramscher(Executive Officer, Director)Phillip LeBris(Executive Officer)Bruce Gilpin(Executive Officer, Director)

BoardMATT INGLE(Director)DAVID CLOTT(Director)

Co-investorsPolaris Industries

Dtedte.aiin

DTE builds LP-LIBS analyzers that perform real-time elemental composition analysis directly from molten metals, delivering reference-grade results from liquid aluminum in under 60 seconds.

Advanced ManufacturingDeep TechHardware

Co-investorsBrunnur Ventures GPMetaplanet

everoxeverox.techin

everox upcycles end-of-life concrete into drop-in substitutes for cement, aggregates, sand, and inert filler using a patented process, including reactivated cement paste as a supplementary cementitious material.

Circular EconomyCleantechConstruction Tech

Thomas Petithuguenin(CEO)

Co-investorsDelft Enterprises B.V.

GaN Systemsgansystems.com

PartnerCharles Haythornthwaite· led

Co-investorsBMW i VenturesCycle Capital

HaiLahaila.ioinOct 2023 · $10.3M

HaiLa develops ultra-low-power radio frequency (RF) connectivity technology, referencing a 5 microwatt RF solution for wireless communication.

HardwareIoTSemiconductors

Charlotte Savage(Founder)

Co-investorsEcofuel FundTandemLaunchStanford University

helmeehelmee.com𝕏

Helmee develops automated visual quality inspection systems for glossy and surfaced parts in manufacturing, using its Covered Stereo Deflectometry (CSD) technology to inspect surface properties and 3D shape.

Advanced ManufacturingAI & Machine LearningHardware

Co-investorsVoima Ventures

Liminal Insightsliminalinsights.comin𝕏

Liminal Insights builds EchoStat, an inspection platform that combines ultrasound and machine learning for non-destructive analysis of prismatic, pouch, and cylindrical battery cells across chemistries.

Advanced ManufacturingAI & Machine LearningEnergy

Co-investorsArcTern VenturesEcosystem Integrity FundGood Growth CapitalHelios Climate VenturesISVLG Technology Ventures+1 more

Luffy AI

Develops adaptive neural networks that expand equipment operating envelopes and enhance system resilience in field deployment.

Co-investorsMomenta VenturesUK Innovation & Science Seed Fund

Luffy AI Seedluffy.aiin

Luffy AI develops neuroplastic AI controllers that provide a real-time adaptive control layer for physical systems, running on existing on-board hardware.

AI & Machine LearningDeep TechRobotics

Alex Meakins(Founder)in

Co-investorsBow CapitalFuture Planet CapitalMomenta VenturesUK Innovation & Science Seed Fund

Novameranovamerainc.comin

Novamera develops "Surgical Mining" technology that combines proprietary hardware and software with conventional drilling equipment to extract metals and minerals from deposits that are difficult or uneconomic to mine using traditional methods.

AI & Machine LearningCleantechDeep TechToronto, CA

Co-investorsAlpha Future Funds

Portableppbportableppb.comin

Portable PPB provides detectORE™, a CSIRO-invented portable XRF-based technology for detecting low-level (parts-per-billion) gold concentrations on-site from RC/AC, core and soil samples.

CleantechDeep TechHardware

Simon Bolster(Managing Director & Co-founder)

Q5D Managed by: Mark Whiteq5d.comin

Q5D builds 5-axis wiring automation robots that replace the manual assembly of wiring harnesses, reducing cost and improving wiring quality, weight, and reliability.

Advanced ManufacturingHardwareRoboticsPortishead, Bristol, GB

Co-investorsUK Innovation & Science Seed FundUntroD CapitalLockheed Martin Ventures

Q5D Technologies

Invents new material application techniques and robotic development with CAM software for multi-axis additive manufacturing.

Rithmik Solutionsrithmik.comin

Rithmik provides condition-based failure detection and diagnostics for heavy mining equipment, analyzing subsystem data to identify root causes of performance degradation before OEM alarms trigger.

Advanced ManufacturingAI & Machine LearningSaaS

Co-investorsEcofuel FundSproutxCycle Momentum

Sorteraalloyssorteraalloys.comin𝕏

Sortera uses patented AI-based sorting technology to separate automotive shredder metal scrap into alloys such as aluminum, copper, brass, zinc and stainless steel for domestic manufacturing.

AI & Machine LearningCircular EconomyNew Materials

Co-investorsAssembly Ventures

Svantesvanteinc.comin𝕏

Svante makes solid-sorbent filters and modular machines that capture and remove CO2 from industrial flue gas and the air, concentrating it to pipeline-grade purity for storage or reuse.

CleantechClimate TechEnergyNew MaterialsBurnaby

Matthew Stevenson(Executive Officer)Claude Letourneau(Executive Officer)

BoardMarc Van Den Berg(Director)Roger Strauch(Director)inDamien Vacherot(Director)Laura Boudreau(Director)

Co-investorsBay Bridge Ventures ClimateClimate InvestmentInBC Investment Corp.Mitsui Global InvestmentTechEnergy VenturesThe Roda Group

Veraiver-ai.comin

VerAI Discoveries applies data science and AI to mineral exploration and real-asset discovery, drawing on expertise from geoscience and defense intelligence.

AI & Machine LearningDeep TechNew MaterialsNeedham, US

Amitai Axelrod(Executive Officer, Director)Yair Frastai(Executive Officer, Director)

BoardJeff Horing(Director)inStanton Green(Director)Timothy Warman(Director)Gordon Bogden(Director)

Co-investorsBlumberg CapitalInsight PartnersOrion Resource PartnersT. Rowe Price

Rows marked “SEC filing” are inferred from directors named on the company's SEC Form D — public regulatory data, not a portfolio list published by the firm.

Exits · 2

IPOs and acquisitions across the tracked portfolio

General FusionNASDAQ: GFUZMinehubOTC: MHUBF

Portfolio news

latest coverage across their companies

Frequently asked questions

How many investments has Chrysalix made?
Chrysalix has 23 tracked investments, including 1 dated in the last 24 months.
What stage does Chrysalix invest at?
Chrysalix invests at the Seed, Series A stages.
What is Chrysalix's typical check size?
Chrysalix typically writes checks of $36.5K – $2.9M.
What sectors does Chrysalix focus on?
Chrysalix focuses on Advanced Manufacturing, Circular Economy, Cleantech, Climate Tech, Deep Tech, Energy, New Materials.
Where is Chrysalix located?
Chrysalix is headquartered in Delft, NL.
Who does Chrysalix co-invest with?
Chrysalix most often shares deals with UK Innovation & Science Seed Fund, Ecofuel Fund, Momenta Ventures, among 41 tracked co-investors.

From the blog

visit blog ↗

Fred van Beuningen writes about capital allocation and technology in the energy and materials transition, covering the concentration of venture capital in AI versus underfunded climate investing, the energy transition implications of an oil price shock, and the pathways and tipping-point conditions for decarbonizing hard-to-abate industries. AI summary

Media · Podcasts & interviews

featuring the team

Wal van Lierop, Executive Chairman & Founding Partner, Chrysalix Venture Capital at Scaling Up 2022

ScalingUp · Wal van Lierop

Inside RoboHouse | Alfred Lam from Chrysalix Venture Capital

RoboHouseDelft · Alfred Lam

Chrysalix: Dr. Alfred Lam, partner at Chrysalix VC, about HeroX

HeroX · Alfred Lam

GLOBE 2014 Interview: Wal van Lierop, Chrysalix Energy Venture Capital

GLOBE Series · Wal van Lierop

Images

Chrysalix photoChrysalix photoChrysalix photoChrysalix photoChrysalix photoChrysalix photo

Co-investors · 8

Prelude Ventures

Prelude Ventures is a venture capital firm founded in 2009 that invests in and supports entrepreneurs building climate-focused businesses to accelerate the transition to a low-carbon economy.

Both backed · 1
$100K – $5M
SOSV

SOSV is a deep tech venture capital firm that makes first-check pre-seed investments and follow-on rounds in startups focused on human and planetary health, providing lab space and hands-on support at its US locations.

$30K – $550K
Cota Capital

Cota Capital is an investment firm focused on founders building net-new enterprise technology, combining capital with operational expertise, industry insight, competitive intelligence, and a broad network.

Giant Ventures Global Llp

Giant Ventures is a venture capital firm investing in technology that transforms civilization's foundational systems across sectors including AI, energy, materials, industry, work, finance, biology and healthcare.

$2M – $20M
BDC Venture Capital

This is the Analysis and Research section of BDC (Business Development Bank of Canada), publishing studies, surveys and reports on issues affecting Canadian small and medium-sized businesses.

$365K – $25.6M
OUP (Osage University Partners)

OUP (Osage University Partners) is a venture firm that invests in science-driven startups commercializing deep technology innovations emerging from university and breakthrough research.

$1M – $20M
Waverley Capital

Waverley Capital is a venture capital firm investing globally in innovation and disruption across the media, entertainment, and sports industries.

$500K – $10M
VantagePoint Capital Partners

VantagePoint Capital Partners is a global venture investor backing companies from startup through scale-up, with a particular focus on energy innovation and efficiency.

$2M – $100M

Firms observed investing alongside Chrysalix, from public investor directories. Shared companies are the overlap with Chrysalix's recorded portfolio.

Similar investors

Featured in lists