Chrysalix Venture Capital

Founded in 2001, Chrysalix is an early-stage venture capital firm based in Vancouver. It invests in and supports innovative technologies addressing global industrial demands, with a focus on clean-tech, renewable energy, agriculture, AI, data analytics, and advanced materials.

Greg Allen

Venture Partner

Nicholas Andruschak

Associate

Charles Haythornthwaite

Partner

Gene J.W. Kim

Partner

Alfred Lam

Partner

Alicia Lenis

Vice President

Wendy Leong

Investor

Richard Mackellar

Managing Partner

Mike Sherman

Managing Partner

Wal Van Lierop

Partner

Past deals in Natural Resources

VerAI Discoveries

Series B in 2025
VerAI Discoveries employs AI and machine learning to identify hidden mineral deposits. It focuses on underexplored areas with favorable mining conditions, enhancing discovery probabilities while reducing economic risks. The company collaborates with industry investors and explorers to develop a global portfolio of base and precious metal targets, contributing to the global critical minerals supply.

Deadwood Innovations

Venture Round in 2024
Deadwood Innovations is a forestry innovations company that specializes in converting low-value timber into high-quality lumber products. By partnering with producers, the company focuses on reclaiming low-quality timber, including material affected by beetles, fire damage, and low-grade lumber. Their proprietary wood densification process not only enhances the quality of this wood but also aims to reduce emissions associated with timber production. Through their efforts, Deadwood Innovations unlocks new value in the forest industry by providing value-added and engineered wood products, thereby addressing both economic and environmental challenges in forestry.

VerAI Discoveries

Series A in 2023
VerAI Discoveries employs AI and machine learning to identify hidden mineral deposits. It focuses on underexplored areas with favorable mining conditions, enhancing discovery probabilities while reducing economic risks. The company collaborates with industry investors and explorers to develop a global portfolio of base and precious metal targets, contributing to the global critical minerals supply.

MineSense Technologies

Series E in 2022
MineSense Technologies develops sensor-based solutions for the mining industry. It specializes in high-frequency electromagnetic sensor (HFEMS) technology, which integrates with material handling equipment to measure and report ore grade in real-time. The company offers a suite of sensing and sorting equipment, evaluation tools, laboratory services, professional services, and field support.

Novamera

Series A in 2021
Novamera specializes in sustainable mining, utilizing advanced subsurface imaging and directional drilling technology to extract gold, copper, and other ores from steeply dipping, narrow vein deposits deemed uneconomic via conventional methods. Based in Mississauga with an additional office in Baie Verte, Canada.

Novamera

Venture Round in 2020
Novamera specializes in sustainable mining, utilizing advanced subsurface imaging and directional drilling technology to extract gold, copper, and other ores from steeply dipping, narrow vein deposits deemed uneconomic via conventional methods. Based in Mississauga with an additional office in Baie Verte, Canada.

MineSense Technologies

Series D in 2018
MineSense Technologies develops sensor-based solutions for the mining industry. It specializes in high-frequency electromagnetic sensor (HFEMS) technology, which integrates with material handling equipment to measure and report ore grade in real-time. The company offers a suite of sensing and sorting equipment, evaluation tools, laboratory services, professional services, and field support.

MineSense Technologies

Series C in 2017
MineSense Technologies develops sensor-based solutions for the mining industry. It specializes in high-frequency electromagnetic sensor (HFEMS) technology, which integrates with material handling equipment to measure and report ore grade in real-time. The company offers a suite of sensing and sorting equipment, evaluation tools, laboratory services, professional services, and field support.

MineSense Technologies

Series B in 2016
MineSense Technologies develops sensor-based solutions for the mining industry. It specializes in high-frequency electromagnetic sensor (HFEMS) technology, which integrates with material handling equipment to measure and report ore grade in real-time. The company offers a suite of sensing and sorting equipment, evaluation tools, laboratory services, professional services, and field support.

MineSense Technologies

Convertible Note in 2016
MineSense Technologies develops sensor-based solutions for the mining industry. It specializes in high-frequency electromagnetic sensor (HFEMS) technology, which integrates with material handling equipment to measure and report ore grade in real-time. The company offers a suite of sensing and sorting equipment, evaluation tools, laboratory services, professional services, and field support.

MineSense Technologies

Series B in 2015
MineSense Technologies develops sensor-based solutions for the mining industry. It specializes in high-frequency electromagnetic sensor (HFEMS) technology, which integrates with material handling equipment to measure and report ore grade in real-time. The company offers a suite of sensing and sorting equipment, evaluation tools, laboratory services, professional services, and field support.

MineSense Technologies

Series B in 2014
MineSense Technologies develops sensor-based solutions for the mining industry. It specializes in high-frequency electromagnetic sensor (HFEMS) technology, which integrates with material handling equipment to measure and report ore grade in real-time. The company offers a suite of sensing and sorting equipment, evaluation tools, laboratory services, professional services, and field support.

MineSense Technologies

Series A in 2013
MineSense Technologies develops sensor-based solutions for the mining industry. It specializes in high-frequency electromagnetic sensor (HFEMS) technology, which integrates with material handling equipment to measure and report ore grade in real-time. The company offers a suite of sensing and sorting equipment, evaluation tools, laboratory services, professional services, and field support.
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