Chrysalix
Venture capitalDelft · Seed–Series A · 21 people tracked
Also known as CEMI SERVICES LTD.
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.
Team · 21 people
from the firm's website & public directoriesFounder mafia
4 people who came through Chrysalix went on to found or lead other companies.
What they invest in
from 19 of 25 portfolio companiesCleantech ×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 pathBy year:2026 · 12024 · 12023 · 22016 · 12015 · 16 dated
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
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)
Deadwood Innovations develops a lumber upgrading technology for the forestry industry, including the utilization of aspen wood.
Advanced ManufacturingCleantechNew Materials
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
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
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 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 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
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
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
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.
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
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 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
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 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
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
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 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
Invents new material application techniques and robotic development with CAM software for multi-axis additive manufacturing.
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
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
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
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 portfolioGeneral FusionNASDAQ: GFUZMinehubOTC: MHUBF
Portfolio news
latest coverage across their companiesGeneral Fusion · investing.com · Aug 18, 2026
GlassPoint · latitudemedia.com · Mar 16, 2026
HaiLa · canadassemiconductorcouncil.com · Feb 25, 2026
Rithmik Solutions · finsmes.com · Dec 1, 2025
Applied Impact Robotics · castleplacement.com · Sep 23, 2025
Svante · rbccm.com · Aug 21, 2025
everox · everox.tech · Aug 19, 2025
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 teamWal 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
Co-investors · 8
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.
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.
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 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.
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.
OUP (Osage University Partners) is a venture firm that invests in science-driven startups commercializing deep technology innovations emerging from university and breakthrough research.
Waverley Capital is a venture capital firm investing globally in innovation and disruption across the media, entertainment, and sports industries.
VantagePoint Capital Partners is a global venture investor backing companies from startup through scale-up, with a particular focus on energy innovation and efficiency.
Firms observed investing alongside Chrysalix, from public investor directories. Shared companies are the overlap with Chrysalix's recorded portfolio.
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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.
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