Chrysalix Venture Capital

Chrysalix Venture Capital is an early-stage industrial innovation firm based in Vancouver, Canada, founded in 2001 by Wal van Lierop. The firm focuses on connecting market-driven challenges with innovative technological solutions, investing in sectors such as artificial intelligence, data analytics, sensor components, the Internet of Things, robotic systems, blockchain, advanced materials, and chemicals. Chrysalix actively supports its portfolio companies by leveraging deep industry and technical expertise, providing management and board assistance, facilitating organized networking opportunities with industrial and financial partners, managing intellectual property, and offering direct access to capital.

Greg Allen

Partner

Van Beuningen, Fred

Managing Partner

Charles Haythornthwaite Ph.D

Partner

Gene J.W. Kim

Venture Partner

Alicia Lenis

Vice President

Wendy Leong

CFO

Wal Van Lierop

President and CEO

Alfred Lam

Partner

Richard MacKellar

Managing Director

97 past transactions

VerAI Discoveries

Series B in 2025
VerAI Discoveries is an AI-driven mineral asset portfolio company that leverages artificial intelligence and machine learning to identify concealed mineral deposits. By concentrating on underexplored covered terrain in prime mining jurisdictions, VerAI enhances the likelihood of discovering significant mineral deposits while reducing economic risk. The company collaborates with leading industry investors and explorers to develop a global portfolio focused on base and precious metals, thereby unlocking value and contributing to the global supply of critical minerals. Through its innovative platform, VerAI aims to transform the mineral exploration industry by uncovering unique signatures of existing deposits within complex datasets.

Deadwood Innovations

Venture Round in 2024
Deadwood Innovations specializes in upgrading low-value timber into high-quality lumber, focusing on sustainability and innovation within the forest industry. The company employs a proprietary wood densification process to reclaim low-quality timber affected by beetles and fire damage, as well as low-grade lumber. By transforming these materials, Deadwood Innovations creates value-added and engineered wood products, contributing to reduced emissions in the process. Through partnerships with producers, the company aims to unlock new value in the timber sector while addressing environmental challenges.

C2CA Technology

Series A in 2024
C2CA Technology B.V., founded in 2016 and based in Utrecht, the Netherlands, specializes in innovative concrete recycling solutions. The company focuses on transforming waste concrete into sustainable building materials, effectively replacing virgin aggregates, sand, and cement. By employing advanced separation and quality control technologies, C2CA aims to significantly reduce CO2 emissions associated with concrete production, which accounts for approximately 8% of global emissions. Its mobile concrete recycling system minimizes logistical challenges, as well as the consumption of water and energy. Currently, the company's technologies are demonstrated at a site in Hoorn, where they work towards creating a closed-loop system for concrete recycling. C2CA Technology is committed to promoting a circular economy in the construction industry and enhancing sustainability through its eco-friendly products.

Liminal

Venture Round in 2024
Liminal operates as a battery manufacturing intelligence provider that utilizes data and analytics. Its mission is to make electric vehicles the default option for any driver. The company was founded in 2015 and is headquartered in Emeryville, California.

Rithmik Solutions

Seed Round in 2024
Rithmik Solutions Ltd. is a Montreal-based company that specializes in developing software solutions for the mining industry, focusing on predictive maintenance for mobile mining equipment. Founded in 2017, Rithmik offers an artificial intelligence-driven platform that analyzes equipment health by creating a virtual model of healthy assets, which runs alongside their physical counterparts. This system detects even minor deviations from optimal performance, providing clients with actionable insights to enhance equipment uptime and reduce maintenance costs. By leveraging AI technology, Rithmik Solutions aims to optimize productivity and profitability for its clients in the mining sector.

HaiLa Technologies Inc.

Venture Round in 2023
HaiLa Technologies Inc. develops a wireless connectivity platform designed for remote data capture and management devices, with a focus on Internet of Things (IoT) applications. The company provides sensors and software that facilitate the semi-passive transmission of data using ambient waves, allowing for the broad deployment of IoT sensors within existing network infrastructures. HaiLa's products cater to various sectors, including smart homes, agriculture, industrial applications, wearables, implantable medical devices, and automotive. Founded in 2017 and originally known as Wavelite, the company rebranded to HaiLa Technologies Inc. in June 2019. It operates from its headquarters in Montreal, Canada, with additional offices in Copenhagen, Denmark, and San Francisco, California. The company's mission is to enable sustainable scaling of IoT deployments through significant reductions in power consumption, thereby eliminating the need for sensor batteries.

Sortera Technologies

Series C in 2023
Sortera Alloys manufactures low-cost, high-quality metal alloys for domestic manufacturing using its artificial intelligence technology. Sortera Alloys is a company based in Fort Wayne, Indiana, and was established in 2020.

DTE ehf

Series A in 2023
DTE introduces breakthrough real-time process control analytics for metals production and processing towards Industry 4.0, through our robotic hardware and software solutions, automating current manual sampling processes for improved quality, cost, efficiency and safety.

VerAI Discoveries

Series A in 2023
VerAI Discoveries is an AI-driven mineral asset portfolio company that leverages artificial intelligence and machine learning to identify concealed mineral deposits. By concentrating on underexplored covered terrain in prime mining jurisdictions, VerAI enhances the likelihood of discovering significant mineral deposits while reducing economic risk. The company collaborates with leading industry investors and explorers to develop a global portfolio focused on base and precious metals, thereby unlocking value and contributing to the global supply of critical minerals. Through its innovative platform, VerAI aims to transform the mineral exploration industry by uncovering unique signatures of existing deposits within complex datasets.

C2CA Technology

Seed Round in 2023
C2CA Technology B.V., founded in 2016 and based in Utrecht, the Netherlands, specializes in innovative concrete recycling solutions. The company focuses on transforming waste concrete into sustainable building materials, effectively replacing virgin aggregates, sand, and cement. By employing advanced separation and quality control technologies, C2CA aims to significantly reduce CO2 emissions associated with concrete production, which accounts for approximately 8% of global emissions. Its mobile concrete recycling system minimizes logistical challenges, as well as the consumption of water and energy. Currently, the company's technologies are demonstrated at a site in Hoorn, where they work towards creating a closed-loop system for concrete recycling. C2CA Technology is committed to promoting a circular economy in the construction industry and enhancing sustainability through its eco-friendly products.

Liminal

Series A in 2023
Liminal operates as a battery manufacturing intelligence provider that utilizes data and analytics. Its mission is to make electric vehicles the default option for any driver. The company was founded in 2015 and is headquartered in Emeryville, California.

MineSense

Series E in 2022
MineSense Technologies Ltd. is a mining technology company based in Vancouver, Canada, that specializes in sensor-based mineral processing solutions for ore pre-concentration. The company utilizes high-frequency electromagnetic sensor (HFEMS) technology, which integrates with material handling equipment to assess and report ore grade in real time. MineSense offers a range of products including BeltSense, ShovelSense, and SortOre, which facilitate the monitoring and sorting of ores based on their mineral content. Additionally, it provides evaluation tools such as ConductOre and PreCalculatOre to help mines analyze economic benefits and optimize ore processing. Beyond product offerings, MineSense also delivers laboratory and professional services focused on mineral evaluation and economic case studies. Founded in 2007, the company has expanded its operations to include offices in South America, Australia, and Africa, aiming to enhance productivity and recovery in the mining industry.

Luffy AI

Seed Round in 2022
Luffy AI Limited, incorporated in 2018 and based in Thame, United Kingdom, specializes in developing advanced AI technologies that exhibit neuroplasticity. The company focuses on creating adaptive neural networks capable of learning and adjusting in real-time at the edge. Its key products include an adaptive AI flight controller for unmanned aerial vehicles (UAVs) and an intelligent actuator controller designed for robotics and industrial applications. Luffy AI's control systems are engineered to optimize the performance of existing manufacturing equipment by learning its specific nuances and adapting to changes over time. This innovative approach enables businesses to expand the capabilities of their operations and enhances the application of artificial intelligence in complex industrial environments.

Q5D

Seed Round in 2022
Q5D is an innovative company that specializes in automating the manufacture and assembly of wiring looms and harnesses across various industrial sectors. By developing advanced laser micromachining technology, Q5D streamlines the intricate process of connecting electrical components. This technology enhances global manufacturing capabilities, particularly in consumer goods, electronics, automotive, aerospace, and robotics. By enabling the direct addition of wires and printed electronics to product surfaces, Q5D improves quality, productivity, and functionality while reducing manufacturing costs. As a result, the company provides its clients with a significant advantage in achieving efficiency, resilience, and sustainability in their operations.

Novamera

Series A in 2021
Novamera Inc. is a Canadian company specializing in the mining of gold, copper, and other ores through an innovative method known as Sustainable Mining by Drilling. This approach targets steeply dipping, narrow vein deposits that are typically deemed uneconomic with conventional extraction techniques. Novamera employs advanced high-resolution subsurface imaging and directional drilling in a two-pass process to accurately determine the physical shape of mineral veins, enhancing drilling precision and efficiency. The company's proprietary software and hardware integrate with traditional mining equipment to create more flexible and cost-effective systems. By focusing on climate-smart, surgical mining practices, Novamera aims to unlock value in mineral deposits that would otherwise remain untapped. The company is headquartered in Mississauga, Canada, with an additional office in Baie Verte.

Svante

Series D in 2021
Svante is a prominent provider of carbon capture and removal solutions, focusing on the development and manufacture of innovative solid sorbents, structured adsorbent filters, and rotary contactor machines. The company's technology is designed for post-combustion industrial carbon capture and direct air capture, addressing hard-to-decarbonize emissions from industries such as cement, hydrogen, oil and gas, and steel. Svante's solid sorbent-based technology is both environmentally responsible and scalable, allowing for effective CO2 capture that meets pipeline-grade purity standards. This captured carbon can be safely transported, stored underground, or repurposed for various applications. By forming partnerships across the global carbon capture, utilization, and storage (CCUS) value chain, Svante aims to facilitate the implementation of source-to-sink carbon capture projects, helping enterprises reduce emissions while managing capital costs and energy use effectively.

Applied Impact Robotics

Seed Round in 2021
Applied Impact Robotics develops a robotic solution capable of inspecting a crude oil tank floor while the tank remains in service.

Sortera Technologies

Seed Round in 2020
Sortera Alloys manufactures low-cost, high-quality metal alloys for domestic manufacturing using its artificial intelligence technology. Sortera Alloys is a company based in Fort Wayne, Indiana, and was established in 2020.

DTE ehf

Series A in 2020
DTE introduces breakthrough real-time process control analytics for metals production and processing towards Industry 4.0, through our robotic hardware and software solutions, automating current manual sampling processes for improved quality, cost, efficiency and safety.

HaiLa Technologies Inc.

Seed Round in 2020
HaiLa Technologies Inc. develops a wireless connectivity platform designed for remote data capture and management devices, with a focus on Internet of Things (IoT) applications. The company provides sensors and software that facilitate the semi-passive transmission of data using ambient waves, allowing for the broad deployment of IoT sensors within existing network infrastructures. HaiLa's products cater to various sectors, including smart homes, agriculture, industrial applications, wearables, implantable medical devices, and automotive. Founded in 2017 and originally known as Wavelite, the company rebranded to HaiLa Technologies Inc. in June 2019. It operates from its headquarters in Montreal, Canada, with additional offices in Copenhagen, Denmark, and San Francisco, California. The company's mission is to enable sustainable scaling of IoT deployments through significant reductions in power consumption, thereby eliminating the need for sensor batteries.

Novamera

Venture Round in 2020
Novamera Inc. is a Canadian company specializing in the mining of gold, copper, and other ores through an innovative method known as Sustainable Mining by Drilling. This approach targets steeply dipping, narrow vein deposits that are typically deemed uneconomic with conventional extraction techniques. Novamera employs advanced high-resolution subsurface imaging and directional drilling in a two-pass process to accurately determine the physical shape of mineral veins, enhancing drilling precision and efficiency. The company's proprietary software and hardware integrate with traditional mining equipment to create more flexible and cost-effective systems. By focusing on climate-smart, surgical mining practices, Novamera aims to unlock value in mineral deposits that would otherwise remain untapped. The company is headquartered in Mississauga, Canada, with an additional office in Baie Verte.

General Fusion

Series E in 2019
General Fusion Inc. is a Canadian company focused on the development of commercial Magnetized Target Fusion (MTF), a promising hybrid approach that combines elements of magnetic fusion and inertial confinement fusion. Founded in 2002 and based in Burnaby, the company aims to create utility-scale fusion power plants that can provide clean, safe, and abundant energy. General Fusion is pioneering a patent-pending concept that leverages advancements in MTF, which has seen limited exploration since the 1970s. The company is dedicated to demonstrating and commercializing this innovative energy solution by the end of the decade. It is supported by a network of global energy venture capital firms, industry leaders, and technology innovators, all working to reduce technical risks and accelerate the path to viable fusion energy.

Liminal

Venture Round in 2019
Liminal operates as a battery manufacturing intelligence provider that utilizes data and analytics. Its mission is to make electric vehicles the default option for any driver. The company was founded in 2015 and is headquartered in Emeryville, California.

MineSense

Series D in 2018
MineSense Technologies Ltd. is a mining technology company based in Vancouver, Canada, that specializes in sensor-based mineral processing solutions for ore pre-concentration. The company utilizes high-frequency electromagnetic sensor (HFEMS) technology, which integrates with material handling equipment to assess and report ore grade in real time. MineSense offers a range of products including BeltSense, ShovelSense, and SortOre, which facilitate the monitoring and sorting of ores based on their mineral content. Additionally, it provides evaluation tools such as ConductOre and PreCalculatOre to help mines analyze economic benefits and optimize ore processing. Beyond product offerings, MineSense also delivers laboratory and professional services focused on mineral evaluation and economic case studies. Founded in 2007, the company has expanded its operations to include offices in South America, Australia, and Africa, aiming to enhance productivity and recovery in the mining industry.

Generac Grid Services

Series B in 2017
Generac Grid Services focuses on providing advanced software solutions for the energy industry, aimed at optimizing energy distribution and enhancing grid stability. The company's technology enables the management of distributed energy resources, including flexible loads, energy storage, and renewable energy sources. By utilizing a real-time energy-balancing platform, Generac Grid Services creates controllable and dispatchable energy resources that can respond to the immediate needs of the power system. Their services include energy distribution optimization, electric vehicle load management, and frequency regulation, allowing energy retailers and utilities to navigate the complexities of modern energy markets and improve their operational efficiency.

Svante

Series B in 2017
Svante is a prominent provider of carbon capture and removal solutions, focusing on the development and manufacture of innovative solid sorbents, structured adsorbent filters, and rotary contactor machines. The company's technology is designed for post-combustion industrial carbon capture and direct air capture, addressing hard-to-decarbonize emissions from industries such as cement, hydrogen, oil and gas, and steel. Svante's solid sorbent-based technology is both environmentally responsible and scalable, allowing for effective CO2 capture that meets pipeline-grade purity standards. This captured carbon can be safely transported, stored underground, or repurposed for various applications. By forming partnerships across the global carbon capture, utilization, and storage (CCUS) value chain, Svante aims to facilitate the implementation of source-to-sink carbon capture projects, helping enterprises reduce emissions while managing capital costs and energy use effectively.

Generac Grid Services

Series B in 2017
Generac Grid Services focuses on providing advanced software solutions for the energy industry, aimed at optimizing energy distribution and enhancing grid stability. The company's technology enables the management of distributed energy resources, including flexible loads, energy storage, and renewable energy sources. By utilizing a real-time energy-balancing platform, Generac Grid Services creates controllable and dispatchable energy resources that can respond to the immediate needs of the power system. Their services include energy distribution optimization, electric vehicle load management, and frequency regulation, allowing energy retailers and utilities to navigate the complexities of modern energy markets and improve their operational efficiency.

MineSense

Series C in 2017
MineSense Technologies Ltd. is a mining technology company based in Vancouver, Canada, that specializes in sensor-based mineral processing solutions for ore pre-concentration. The company utilizes high-frequency electromagnetic sensor (HFEMS) technology, which integrates with material handling equipment to assess and report ore grade in real time. MineSense offers a range of products including BeltSense, ShovelSense, and SortOre, which facilitate the monitoring and sorting of ores based on their mineral content. Additionally, it provides evaluation tools such as ConductOre and PreCalculatOre to help mines analyze economic benefits and optimize ore processing. Beyond product offerings, MineSense also delivers laboratory and professional services focused on mineral evaluation and economic case studies. Founded in 2007, the company has expanded its operations to include offices in South America, Australia, and Africa, aiming to enhance productivity and recovery in the mining industry.

NanoSteel

Venture Round in 2016
NanoSteel is an advanced materials company that focuses on the design and commercialization of patented steels with superior mechanical properties derived from their nano-scale microstructure. The company specializes in proprietary alloys, particularly for sheet steel used in automotive lightweight applications. With over 300 patents granted worldwide, NanoSteel has developed innovative ferrous materials, including metallic coatings and additive manufacturing powders. Their nanostructured steel designs are engineered to deliver enhanced performance across various industries, including oil and gas, mining, cement, and power. Recently, NanoSteel introduced advanced high strength steel (AHSS) sheet material, which aims to transform steel utilization in the automotive sector by enabling manufacturers to produce lightweight vehicles that comply with increasing global fuel economy standards while avoiding costly production processes.

MineSense

Series B in 2016
MineSense Technologies Ltd. is a mining technology company based in Vancouver, Canada, that specializes in sensor-based mineral processing solutions for ore pre-concentration. The company utilizes high-frequency electromagnetic sensor (HFEMS) technology, which integrates with material handling equipment to assess and report ore grade in real time. MineSense offers a range of products including BeltSense, ShovelSense, and SortOre, which facilitate the monitoring and sorting of ores based on their mineral content. Additionally, it provides evaluation tools such as ConductOre and PreCalculatOre to help mines analyze economic benefits and optimize ore processing. Beyond product offerings, MineSense also delivers laboratory and professional services focused on mineral evaluation and economic case studies. Founded in 2007, the company has expanded its operations to include offices in South America, Australia, and Africa, aiming to enhance productivity and recovery in the mining industry.

Axine Water Technologies

Series B in 2016
Axine Water Technologies Inc. is a Vancouver-based company specializing in innovative wastewater treatment solutions. Established in 2010, it focuses on developing chemical-free systems that effectively treat high concentrations of complex, toxic organics and ammonia found in industrial wastewater. Utilizing a proprietary electrolytic oxidation technology, Axine's systems can address a broad range of pollutants, including phenols, pharmaceuticals, dioxins, and various organic compounds, without generating sludge or requiring chemical additives. The company aims to provide cost-effective and energy-efficient alternatives to traditional wastewater treatment methods, catering to industries such as oil and gas, petrochemicals, pharmaceuticals, textiles, and waste management. Its solutions enable both industrial and municipal clients to enhance the performance and reduce the costs of their wastewater treatment processes.

MineSense

Convertible Note in 2016
MineSense Technologies Ltd. is a mining technology company based in Vancouver, Canada, that specializes in sensor-based mineral processing solutions for ore pre-concentration. The company utilizes high-frequency electromagnetic sensor (HFEMS) technology, which integrates with material handling equipment to assess and report ore grade in real time. MineSense offers a range of products including BeltSense, ShovelSense, and SortOre, which facilitate the monitoring and sorting of ores based on their mineral content. Additionally, it provides evaluation tools such as ConductOre and PreCalculatOre to help mines analyze economic benefits and optimize ore processing. Beyond product offerings, MineSense also delivers laboratory and professional services focused on mineral evaluation and economic case studies. Founded in 2007, the company has expanded its operations to include offices in South America, Australia, and Africa, aiming to enhance productivity and recovery in the mining industry.

Primus Power

Series D in 2015
Primus Power is a privately held, Northern California based producer of flow batteries: Big Batteries for the Smart Grid. These patented, liquid batteries provide flexible capacity from 25kW to 25MW, for stationary, grid scale applications. Primus' EnergyPod provides 5 hours of energy discharge and a long twenty year life span. These Zinc Bromine batteries are safe and low maintenance. The company has systems installed and working in the field both domestically and internationally and has a growing backlog. The second generation EnergyPod 2 announced production February 21, 2017 with a reduced footprint, low cost of goods, and high reliability components to deliver superior power density. The company has proven technology with installed systems that are working in the field. Investors include Nancy Pfund at DBL Investors, Vancouver based Chrysalix Energy VC, I2BF, Palo Alto based Kleiner Perkins, Anglo American, Rusnano, and Kazyna Capital Management.

MineSense

Series B in 2015
MineSense Technologies Ltd. is a mining technology company based in Vancouver, Canada, that specializes in sensor-based mineral processing solutions for ore pre-concentration. The company utilizes high-frequency electromagnetic sensor (HFEMS) technology, which integrates with material handling equipment to assess and report ore grade in real time. MineSense offers a range of products including BeltSense, ShovelSense, and SortOre, which facilitate the monitoring and sorting of ores based on their mineral content. Additionally, it provides evaluation tools such as ConductOre and PreCalculatOre to help mines analyze economic benefits and optimize ore processing. Beyond product offerings, MineSense also delivers laboratory and professional services focused on mineral evaluation and economic case studies. Founded in 2007, the company has expanded its operations to include offices in South America, Australia, and Africa, aiming to enhance productivity and recovery in the mining industry.

General Fusion

Venture Round in 2015
General Fusion Inc. is a Canadian company focused on the development of commercial Magnetized Target Fusion (MTF), a promising hybrid approach that combines elements of magnetic fusion and inertial confinement fusion. Founded in 2002 and based in Burnaby, the company aims to create utility-scale fusion power plants that can provide clean, safe, and abundant energy. General Fusion is pioneering a patent-pending concept that leverages advancements in MTF, which has seen limited exploration since the 1970s. The company is dedicated to demonstrating and commercializing this innovative energy solution by the end of the decade. It is supported by a network of global energy venture capital firms, industry leaders, and technology innovators, all working to reduce technical risks and accelerate the path to viable fusion energy.

GaN Systems

Series C in 2015
GaN Systems Inc. is a semiconductor company based in Ottawa, Canada, specializing in the development and manufacturing of gallium nitride power switching transistors. The company offers a variety of products, including 650 V and 100 V E-HEMT transistors and wireless power amplifiers, which are utilized in diverse applications such as consumer electronics, industrial systems, renewable energy sources, and transportation power conversion. GaN Systems aims to address significant challenges in power system efficiency and size limitations, enabling industries to reduce costs and enhance energy efficiency. The company serves a global market, including manufacturers in Japan, Taiwan, and China, with additional offices in Japan, China, and Germany. Established in 2008, GaN Systems continues to innovate in the clean technology power conversion sector.

Generac Grid Services

Venture Round in 2015
Generac Grid Services focuses on providing advanced software solutions for the energy industry, aimed at optimizing energy distribution and enhancing grid stability. The company's technology enables the management of distributed energy resources, including flexible loads, energy storage, and renewable energy sources. By utilizing a real-time energy-balancing platform, Generac Grid Services creates controllable and dispatchable energy resources that can respond to the immediate needs of the power system. Their services include energy distribution optimization, electric vehicle load management, and frequency regulation, allowing energy retailers and utilities to navigate the complexities of modern energy markets and improve their operational efficiency.

MineSense

Series B in 2014
MineSense Technologies Ltd. is a mining technology company based in Vancouver, Canada, that specializes in sensor-based mineral processing solutions for ore pre-concentration. The company utilizes high-frequency electromagnetic sensor (HFEMS) technology, which integrates with material handling equipment to assess and report ore grade in real time. MineSense offers a range of products including BeltSense, ShovelSense, and SortOre, which facilitate the monitoring and sorting of ores based on their mineral content. Additionally, it provides evaluation tools such as ConductOre and PreCalculatOre to help mines analyze economic benefits and optimize ore processing. Beyond product offerings, MineSense also delivers laboratory and professional services focused on mineral evaluation and economic case studies. Founded in 2007, the company has expanded its operations to include offices in South America, Australia, and Africa, aiming to enhance productivity and recovery in the mining industry.

Liquid Light

Series B in 2014
Liquid Light Corporation is focused on developing and licensing innovative technology that converts carbon dioxide (CO2) into valuable chemicals and fuels. Utilizing a low-energy catalytic electrochemistry process, the company aims to produce multi-carbon chemicals, including ethylene glycol. This patent-pending electrocatalytic platform not only transforms industrial waste into revenue-generating products but also enables customers to benefit from lower production costs and reduced reliance on conventional petroleum feedstocks. Founded in 2008 and based in Monmouth Junction, New Jersey, Liquid Light operates as a subsidiary of Avantium Technologies B.V., positioning itself at the forefront of sustainable chemical production.

GlassPoint Solar

Series C in 2014
GlassPoint Solar, Inc. specializes in the design, manufacture, and installation of solar thermal steam generators tailored for the oil and gas industry globally. The company focuses on providing solar steam for enhanced oil recovery (EOR) applications, significantly reducing gas consumption by up to 80% compared to traditional gas-fired steam generation. GlassPoint serves a diverse clientele, including independent producers, national oil companies, and various manufacturing sectors, with a particular emphasis on regions such as Southern California, North Africa, Western China, and Madagascar. Founded in 2008 and headquartered in Fremont, California, GlassPoint also maintains regional offices in Muscat, Oman; Kuwait City, Kuwait; Bakersfield, California; Santiago, Chile; and Shenzhen, China.

Svante

Venture Round in 2014
Svante is a prominent provider of carbon capture and removal solutions, focusing on the development and manufacture of innovative solid sorbents, structured adsorbent filters, and rotary contactor machines. The company's technology is designed for post-combustion industrial carbon capture and direct air capture, addressing hard-to-decarbonize emissions from industries such as cement, hydrogen, oil and gas, and steel. Svante's solid sorbent-based technology is both environmentally responsible and scalable, allowing for effective CO2 capture that meets pipeline-grade purity standards. This captured carbon can be safely transported, stored underground, or repurposed for various applications. By forming partnerships across the global carbon capture, utilization, and storage (CCUS) value chain, Svante aims to facilitate the implementation of source-to-sink carbon capture projects, helping enterprises reduce emissions while managing capital costs and energy use effectively.

General Fusion

Series D in 2014
General Fusion Inc. is a Canadian company focused on the development of commercial Magnetized Target Fusion (MTF), a promising hybrid approach that combines elements of magnetic fusion and inertial confinement fusion. Founded in 2002 and based in Burnaby, the company aims to create utility-scale fusion power plants that can provide clean, safe, and abundant energy. General Fusion is pioneering a patent-pending concept that leverages advancements in MTF, which has seen limited exploration since the 1970s. The company is dedicated to demonstrating and commercializing this innovative energy solution by the end of the decade. It is supported by a network of global energy venture capital firms, industry leaders, and technology innovators, all working to reduce technical risks and accelerate the path to viable fusion energy.

Axine Water Technologies

Series A in 2014
Axine Water Technologies Inc. is a Vancouver-based company specializing in innovative wastewater treatment solutions. Established in 2010, it focuses on developing chemical-free systems that effectively treat high concentrations of complex, toxic organics and ammonia found in industrial wastewater. Utilizing a proprietary electrolytic oxidation technology, Axine's systems can address a broad range of pollutants, including phenols, pharmaceuticals, dioxins, and various organic compounds, without generating sludge or requiring chemical additives. The company aims to provide cost-effective and energy-efficient alternatives to traditional wastewater treatment methods, catering to industries such as oil and gas, petrochemicals, pharmaceuticals, textiles, and waste management. Its solutions enable both industrial and municipal clients to enhance the performance and reduce the costs of their wastewater treatment processes.

General Fusion

Series C in 2013
General Fusion Inc. is a Canadian company focused on the development of commercial Magnetized Target Fusion (MTF), a promising hybrid approach that combines elements of magnetic fusion and inertial confinement fusion. Founded in 2002 and based in Burnaby, the company aims to create utility-scale fusion power plants that can provide clean, safe, and abundant energy. General Fusion is pioneering a patent-pending concept that leverages advancements in MTF, which has seen limited exploration since the 1970s. The company is dedicated to demonstrating and commercializing this innovative energy solution by the end of the decade. It is supported by a network of global energy venture capital firms, industry leaders, and technology innovators, all working to reduce technical risks and accelerate the path to viable fusion energy.

Purfresh Clean

Venture Round in 2013
Purfresh Clean specializes in the removal of odors, mold, mildew, bacteria, germs, and viruses from various enclosed spaces, including yachts and agricultural products. The company utilizes advanced oxygen-3 (O3) systems that are automated and require no human labor for operation. These systems feature specialized sensors and remote computer control, enabling effective disinfection through scientifically controlled O3 levels. In addition, Purfresh Clean offers solutions for the transportation of fruits and vegetables in refrigerated international ocean containers, extending their shelf life by utilizing O3 technology. The company's controlled atmosphere systems are designed to help businesses, schools, and governments eliminate pathogens, including SARS-CoV-2, from indoor environments, ensuring safety and enabling continued operations.

MineSense

Series A in 2013
MineSense Technologies Ltd. is a mining technology company based in Vancouver, Canada, that specializes in sensor-based mineral processing solutions for ore pre-concentration. The company utilizes high-frequency electromagnetic sensor (HFEMS) technology, which integrates with material handling equipment to assess and report ore grade in real time. MineSense offers a range of products including BeltSense, ShovelSense, and SortOre, which facilitate the monitoring and sorting of ores based on their mineral content. Additionally, it provides evaluation tools such as ConductOre and PreCalculatOre to help mines analyze economic benefits and optimize ore processing. Beyond product offerings, MineSense also delivers laboratory and professional services focused on mineral evaluation and economic case studies. Founded in 2007, the company has expanded its operations to include offices in South America, Australia, and Africa, aiming to enhance productivity and recovery in the mining industry.

Generac Grid Services

Venture Round in 2012
Generac Grid Services focuses on providing advanced software solutions for the energy industry, aimed at optimizing energy distribution and enhancing grid stability. The company's technology enables the management of distributed energy resources, including flexible loads, energy storage, and renewable energy sources. By utilizing a real-time energy-balancing platform, Generac Grid Services creates controllable and dispatchable energy resources that can respond to the immediate needs of the power system. Their services include energy distribution optimization, electric vehicle load management, and frequency regulation, allowing energy retailers and utilities to navigate the complexities of modern energy markets and improve their operational efficiency.

GlassPoint Solar

Series B in 2012
GlassPoint Solar, Inc. specializes in the design, manufacture, and installation of solar thermal steam generators tailored for the oil and gas industry globally. The company focuses on providing solar steam for enhanced oil recovery (EOR) applications, significantly reducing gas consumption by up to 80% compared to traditional gas-fired steam generation. GlassPoint serves a diverse clientele, including independent producers, national oil companies, and various manufacturing sectors, with a particular emphasis on regions such as Southern California, North Africa, Western China, and Madagascar. Founded in 2008 and headquartered in Fremont, California, GlassPoint also maintains regional offices in Muscat, Oman; Kuwait City, Kuwait; Bakersfield, California; Santiago, Chile; and Shenzhen, China.

GlassPoint Solar

Venture Round in 2012
GlassPoint Solar, Inc. specializes in the design, manufacture, and installation of solar thermal steam generators tailored for the oil and gas industry globally. The company focuses on providing solar steam for enhanced oil recovery (EOR) applications, significantly reducing gas consumption by up to 80% compared to traditional gas-fired steam generation. GlassPoint serves a diverse clientele, including independent producers, national oil companies, and various manufacturing sectors, with a particular emphasis on regions such as Southern California, North Africa, Western China, and Madagascar. Founded in 2008 and headquartered in Fremont, California, GlassPoint also maintains regional offices in Muscat, Oman; Kuwait City, Kuwait; Bakersfield, California; Santiago, Chile; and Shenzhen, China.

Axine Water Technologies

Seed Round in 2012
Axine Water Technologies Inc. is a Vancouver-based company specializing in innovative wastewater treatment solutions. Established in 2010, it focuses on developing chemical-free systems that effectively treat high concentrations of complex, toxic organics and ammonia found in industrial wastewater. Utilizing a proprietary electrolytic oxidation technology, Axine's systems can address a broad range of pollutants, including phenols, pharmaceuticals, dioxins, and various organic compounds, without generating sludge or requiring chemical additives. The company aims to provide cost-effective and energy-efficient alternatives to traditional wastewater treatment methods, catering to industries such as oil and gas, petrochemicals, pharmaceuticals, textiles, and waste management. Its solutions enable both industrial and municipal clients to enhance the performance and reduce the costs of their wastewater treatment processes.

GaN Systems

Series B in 2012
GaN Systems Inc. is a semiconductor company based in Ottawa, Canada, specializing in the development and manufacturing of gallium nitride power switching transistors. The company offers a variety of products, including 650 V and 100 V E-HEMT transistors and wireless power amplifiers, which are utilized in diverse applications such as consumer electronics, industrial systems, renewable energy sources, and transportation power conversion. GaN Systems aims to address significant challenges in power system efficiency and size limitations, enabling industries to reduce costs and enhance energy efficiency. The company serves a global market, including manufacturers in Japan, Taiwan, and China, with additional offices in Japan, China, and Germany. Established in 2008, GaN Systems continues to innovate in the clean technology power conversion sector.

Purfresh Clean

Venture Round in 2012
Purfresh Clean specializes in the removal of odors, mold, mildew, bacteria, germs, and viruses from various enclosed spaces, including yachts and agricultural products. The company utilizes advanced oxygen-3 (O3) systems that are automated and require no human labor for operation. These systems feature specialized sensors and remote computer control, enabling effective disinfection through scientifically controlled O3 levels. In addition, Purfresh Clean offers solutions for the transportation of fruits and vegetables in refrigerated international ocean containers, extending their shelf life by utilizing O3 technology. The company's controlled atmosphere systems are designed to help businesses, schools, and governments eliminate pathogens, including SARS-CoV-2, from indoor environments, ensuring safety and enabling continued operations.

BridgeLux

Series E in 2012
Bridgelux, Inc. is a developer and manufacturer of solid-state lighting technologies based in Fremont, California. Established in 2002, the company specializes in high-power, energy-efficient light-emitting diode (LED) solutions, offering a diverse range of products including LED arrays, chips, subsystems, and surface mounts. Its product lineup encompasses various applications, such as downlights, streetlights, and replacement lamps, serving sectors like retail, healthcare, and industrial environments. Bridgelux aims to replace traditional lighting technologies with its sustainable and cost-effective solutions, contributing to global energy efficiency efforts. The company also provides testing, application engineering, and reference design services to support its clients. In addition to its headquarters, Bridgelux has strategic partnerships and additional locations globally, enhancing its market reach and technological innovation. The company was previously known as eLite Optoelectronics, Inc. before rebranding in April 2006.

Liquid Light

Series A in 2011
Liquid Light Corporation is focused on developing and licensing innovative technology that converts carbon dioxide (CO2) into valuable chemicals and fuels. Utilizing a low-energy catalytic electrochemistry process, the company aims to produce multi-carbon chemicals, including ethylene glycol. This patent-pending electrocatalytic platform not only transforms industrial waste into revenue-generating products but also enables customers to benefit from lower production costs and reduced reliance on conventional petroleum feedstocks. Founded in 2008 and based in Monmouth Junction, New Jersey, Liquid Light operates as a subsidiary of Avantium Technologies B.V., positioning itself at the forefront of sustainable chemical production.

Agilyx

Series C in 2011
Agilyx is a developer of advanced conversion technologies aimed at promoting a circular economy for plastics, specifically polystyrene and polymethyl methacrylate. The company focuses on transforming post-use plastics into valuable resources, such as oils and chemical substrates, through its comprehensive waste sourcing and processing solutions. By co-founding Cyclyx International, Agilyx collaborates with industry partners to create tailored plastic recovery programs, enhancing the overall plastic recycling ecosystem. This initiative aligns with Agilyx's mission to facilitate the chemical recycling of plastics on a global scale, thereby contributing to a low-carbon economy and enabling the recycling market to effectively manage waste plastics. The majority of Agilyx's revenue is generated from its Cyclyx segment, underscoring its commitment to innovative waste management and recycling practices.

GaN Systems

Series A in 2011
GaN Systems Inc. is a semiconductor company based in Ottawa, Canada, specializing in the development and manufacturing of gallium nitride power switching transistors. The company offers a variety of products, including 650 V and 100 V E-HEMT transistors and wireless power amplifiers, which are utilized in diverse applications such as consumer electronics, industrial systems, renewable energy sources, and transportation power conversion. GaN Systems aims to address significant challenges in power system efficiency and size limitations, enabling industries to reduce costs and enhance energy efficiency. The company serves a global market, including manufacturers in Japan, Taiwan, and China, with additional offices in Japan, China, and Germany. Established in 2008, GaN Systems continues to innovate in the clean technology power conversion sector.

NanoSteel

Series C in 2011
NanoSteel is an advanced materials company that focuses on the design and commercialization of patented steels with superior mechanical properties derived from their nano-scale microstructure. The company specializes in proprietary alloys, particularly for sheet steel used in automotive lightweight applications. With over 300 patents granted worldwide, NanoSteel has developed innovative ferrous materials, including metallic coatings and additive manufacturing powders. Their nanostructured steel designs are engineered to deliver enhanced performance across various industries, including oil and gas, mining, cement, and power. Recently, NanoSteel introduced advanced high strength steel (AHSS) sheet material, which aims to transform steel utilization in the automotive sector by enabling manufacturers to produce lightweight vehicles that comply with increasing global fuel economy standards while avoiding costly production processes.

Light-Based Technologies

Series B in 2011
Light-Based Technology delivers disruptive linear technologies for the control of solid state lighting products. Their solutions are easy to implement and very efficient. They can help you reduce the strain on natural resources from the materials required to manufacture your products while adding beneficial features.

Primus Power

Series B in 2011
Primus Power is a privately held, Northern California based producer of flow batteries: Big Batteries for the Smart Grid. These patented, liquid batteries provide flexible capacity from 25kW to 25MW, for stationary, grid scale applications. Primus' EnergyPod provides 5 hours of energy discharge and a long twenty year life span. These Zinc Bromine batteries are safe and low maintenance. The company has systems installed and working in the field both domestically and internationally and has a growing backlog. The second generation EnergyPod 2 announced production February 21, 2017 with a reduced footprint, low cost of goods, and high reliability components to deliver superior power density. The company has proven technology with installed systems that are working in the field. Investors include Nancy Pfund at DBL Investors, Vancouver based Chrysalix Energy VC, I2BF, Palo Alto based Kleiner Perkins, Anglo American, Rusnano, and Kazyna Capital Management.

General Fusion

Series B in 2011
General Fusion Inc. is a Canadian company focused on the development of commercial Magnetized Target Fusion (MTF), a promising hybrid approach that combines elements of magnetic fusion and inertial confinement fusion. Founded in 2002 and based in Burnaby, the company aims to create utility-scale fusion power plants that can provide clean, safe, and abundant energy. General Fusion is pioneering a patent-pending concept that leverages advancements in MTF, which has seen limited exploration since the 1970s. The company is dedicated to demonstrating and commercializing this innovative energy solution by the end of the decade. It is supported by a network of global energy venture capital firms, industry leaders, and technology innovators, all working to reduce technical risks and accelerate the path to viable fusion energy.

Agilyx

Series B in 2011
Agilyx is a developer of advanced conversion technologies aimed at promoting a circular economy for plastics, specifically polystyrene and polymethyl methacrylate. The company focuses on transforming post-use plastics into valuable resources, such as oils and chemical substrates, through its comprehensive waste sourcing and processing solutions. By co-founding Cyclyx International, Agilyx collaborates with industry partners to create tailored plastic recovery programs, enhancing the overall plastic recycling ecosystem. This initiative aligns with Agilyx's mission to facilitate the chemical recycling of plastics on a global scale, thereby contributing to a low-carbon economy and enabling the recycling market to effectively manage waste plastics. The majority of Agilyx's revenue is generated from its Cyclyx segment, underscoring its commitment to innovative waste management and recycling practices.

Generac Grid Services

Venture Round in 2010
Generac Grid Services focuses on providing advanced software solutions for the energy industry, aimed at optimizing energy distribution and enhancing grid stability. The company's technology enables the management of distributed energy resources, including flexible loads, energy storage, and renewable energy sources. By utilizing a real-time energy-balancing platform, Generac Grid Services creates controllable and dispatchable energy resources that can respond to the immediate needs of the power system. Their services include energy distribution optimization, electric vehicle load management, and frequency regulation, allowing energy retailers and utilities to navigate the complexities of modern energy markets and improve their operational efficiency.

Brammo

Series B in 2010
Brammo is an electric vehicle technology company headquartered in North America. Brammo designs and develops electric vehicles including the Enertia, Empulse, and Engage motorcycles. It is an OEM supplier of its innovative Brammo Digital Drivetrain(TM) systems including the Brammo Power(TM) battery pack and Brammo Power(TM) vehicle management system. Brammo has vehicle distribution and marketing operations in North America, Europe, and Asia

Primus Power

Series A in 2010
Primus Power is a privately held, Northern California based producer of flow batteries: Big Batteries for the Smart Grid. These patented, liquid batteries provide flexible capacity from 25kW to 25MW, for stationary, grid scale applications. Primus' EnergyPod provides 5 hours of energy discharge and a long twenty year life span. These Zinc Bromine batteries are safe and low maintenance. The company has systems installed and working in the field both domestically and internationally and has a growing backlog. The second generation EnergyPod 2 announced production February 21, 2017 with a reduced footprint, low cost of goods, and high reliability components to deliver superior power density. The company has proven technology with installed systems that are working in the field. Investors include Nancy Pfund at DBL Investors, Vancouver based Chrysalix Energy VC, I2BF, Palo Alto based Kleiner Perkins, Anglo American, Rusnano, and Kazyna Capital Management.

Light-Based Technologies

Series A in 2010
Light-Based Technology delivers disruptive linear technologies for the control of solid state lighting products. Their solutions are easy to implement and very efficient. They can help you reduce the strain on natural resources from the materials required to manufacture your products while adding beneficial features.

Purfresh Clean

Series D in 2010
Purfresh Clean specializes in the removal of odors, mold, mildew, bacteria, germs, and viruses from various enclosed spaces, including yachts and agricultural products. The company utilizes advanced oxygen-3 (O3) systems that are automated and require no human labor for operation. These systems feature specialized sensors and remote computer control, enabling effective disinfection through scientifically controlled O3 levels. In addition, Purfresh Clean offers solutions for the transportation of fruits and vegetables in refrigerated international ocean containers, extending their shelf life by utilizing O3 technology. The company's controlled atmosphere systems are designed to help businesses, schools, and governments eliminate pathogens, including SARS-CoV-2, from indoor environments, ensuring safety and enabling continued operations.

Akermin

Series B in 2010
Akermin is based in St. Louis, Missouri, and was formed in 2004 to commercialize breakthrough stabilized enzyme technology invented at Saint Louis University. In 2008, Akermin demonstrated its prototype of a fully functioning biofuel cell operating on methanol fuel and using stabilized laccase to replace the metal catalyst in conventional cathodes. Commercial applications in wireless sensors and military uses are their primary focus. Development for the use of stabilized enzymes in the food processing, biofuels, chemical, and pharmaceutical industries is under way.

BridgeLux

Series D in 2010
Bridgelux, Inc. is a developer and manufacturer of solid-state lighting technologies based in Fremont, California. Established in 2002, the company specializes in high-power, energy-efficient light-emitting diode (LED) solutions, offering a diverse range of products including LED arrays, chips, subsystems, and surface mounts. Its product lineup encompasses various applications, such as downlights, streetlights, and replacement lamps, serving sectors like retail, healthcare, and industrial environments. Bridgelux aims to replace traditional lighting technologies with its sustainable and cost-effective solutions, contributing to global energy efficiency efforts. The company also provides testing, application engineering, and reference design services to support its clients. In addition to its headquarters, Bridgelux has strategic partnerships and additional locations globally, enhancing its market reach and technological innovation. The company was previously known as eLite Optoelectronics, Inc. before rebranding in April 2006.

NanoSteel

Series B in 2009
NanoSteel is an advanced materials company that focuses on the design and commercialization of patented steels with superior mechanical properties derived from their nano-scale microstructure. The company specializes in proprietary alloys, particularly for sheet steel used in automotive lightweight applications. With over 300 patents granted worldwide, NanoSteel has developed innovative ferrous materials, including metallic coatings and additive manufacturing powders. Their nanostructured steel designs are engineered to deliver enhanced performance across various industries, including oil and gas, mining, cement, and power. Recently, NanoSteel introduced advanced high strength steel (AHSS) sheet material, which aims to transform steel utilization in the automotive sector by enabling manufacturers to produce lightweight vehicles that comply with increasing global fuel economy standards while avoiding costly production processes.

General Fusion

Series A in 2009
General Fusion Inc. is a Canadian company focused on the development of commercial Magnetized Target Fusion (MTF), a promising hybrid approach that combines elements of magnetic fusion and inertial confinement fusion. Founded in 2002 and based in Burnaby, the company aims to create utility-scale fusion power plants that can provide clean, safe, and abundant energy. General Fusion is pioneering a patent-pending concept that leverages advancements in MTF, which has seen limited exploration since the 1970s. The company is dedicated to demonstrating and commercializing this innovative energy solution by the end of the decade. It is supported by a network of global energy venture capital firms, industry leaders, and technology innovators, all working to reduce technical risks and accelerate the path to viable fusion energy.

Brammo

Series A in 2008
Brammo is an electric vehicle technology company headquartered in North America. Brammo designs and develops electric vehicles including the Enertia, Empulse, and Engage motorcycles. It is an OEM supplier of its innovative Brammo Digital Drivetrain(TM) systems including the Brammo Power(TM) battery pack and Brammo Power(TM) vehicle management system. Brammo has vehicle distribution and marketing operations in North America, Europe, and Asia

Cyrium Technologies

Series B in 2008
Cyrium Technologies Inc. operates as a fabless concentrator photovoltaic (CPV) cell manufacturer in Canada. The company develops, manufactures, and supplies CPV cells for terrestrial solar energy markets and CPV system manufacturers; quantum dot enhanced cells; and application-specific concentrator cells (ASCC). It also provides cell performance optimization and customization services through the ASCC program. The company was founded in 2002 and is headquartered in Ottawa, Canada with an additional office in Hong Kong.

Epyon

Venture Round in 2008
Epyon provides advanced ultra-fast charging solutions for electric vehicles which are used in critical business processes such as material handling, delivery of goods and transportation of people. Their fast charging solutions based on advanced lithium-ion battery technology enable electric vehicles to run 24 hours per day with an occasional recharge in 15 minutes during mandatory lunch- or coffee brakes.

H2scan

Series D in 2008
H2scan Corporation, based in Valencia, California, specializes in manufacturing and selling hydrogen leak detection and process gas measurement products for industrial markets globally. Established in 2002, the company offers several product lines, including HY-OPTIMA, which features real-time in-line portable hydrogen monitors for process optimization, and HY-ALERTA, which includes portable hydrogen leak detectors and fixed area monitors designed for safety in environments with potential hydrogen leaks. H2scan's solutions cater to various industries, such as electric power, petroleum, nuclear power, semiconductor, and chemical production. The company leverages hydrogen sensing technology for integration into customer products and maintains a distribution network across North America, Asia, Europe, South America, the Middle East, Australia, and Africa. H2scan has developed its technology with foundational support from the U.S. National Laboratory at Sandia and has established strategic partnerships to enhance its market presence.

ReliOn

Series C in 2008
ReliOn is a leading developer and marketer of modular, cartridge-based proton exchange membrane (PEM) fuel cell technology. The company specializes in providing stationary fuel cells designed for emergency and backup power, uninterruptible power supplies, and off-grid power applications. Serving a diverse clientele that includes telecommunications, energy, transportation, and government sectors, ReliOn's commercially available fuel cells have a proven track record, with over 1,900 kW sold and delivered both domestically and internationally. Their product offerings encompass various configurations and systems tailored to meet the specific needs of private and public entities, including major telecommunications providers and utility companies.

BridgeLux

Series D in 2008
Bridgelux, Inc. is a developer and manufacturer of solid-state lighting technologies based in Fremont, California. Established in 2002, the company specializes in high-power, energy-efficient light-emitting diode (LED) solutions, offering a diverse range of products including LED arrays, chips, subsystems, and surface mounts. Its product lineup encompasses various applications, such as downlights, streetlights, and replacement lamps, serving sectors like retail, healthcare, and industrial environments. Bridgelux aims to replace traditional lighting technologies with its sustainable and cost-effective solutions, contributing to global energy efficiency efforts. The company also provides testing, application engineering, and reference design services to support its clients. In addition to its headquarters, Bridgelux has strategic partnerships and additional locations globally, enhancing its market reach and technological innovation. The company was previously known as eLite Optoelectronics, Inc. before rebranding in April 2006.

Purfresh Clean

Series C in 2008
Purfresh Clean specializes in the removal of odors, mold, mildew, bacteria, germs, and viruses from various enclosed spaces, including yachts and agricultural products. The company utilizes advanced oxygen-3 (O3) systems that are automated and require no human labor for operation. These systems feature specialized sensors and remote computer control, enabling effective disinfection through scientifically controlled O3 levels. In addition, Purfresh Clean offers solutions for the transportation of fruits and vegetables in refrigerated international ocean containers, extending their shelf life by utilizing O3 technology. The company's controlled atmosphere systems are designed to help businesses, schools, and governments eliminate pathogens, including SARS-CoV-2, from indoor environments, ensuring safety and enabling continued operations.

ReliOn

Venture Round in 2008
ReliOn is a leading developer and marketer of modular, cartridge-based proton exchange membrane (PEM) fuel cell technology. The company specializes in providing stationary fuel cells designed for emergency and backup power, uninterruptible power supplies, and off-grid power applications. Serving a diverse clientele that includes telecommunications, energy, transportation, and government sectors, ReliOn's commercially available fuel cells have a proven track record, with over 1,900 kW sold and delivered both domestically and internationally. Their product offerings encompass various configurations and systems tailored to meet the specific needs of private and public entities, including major telecommunications providers and utility companies.

Fat Spaniel Technologies

Series B in 2008
Fat Spaniel Technologies, founded in 2003, is a key provider of monitoring and reporting services for the renewable energy sector, with a focus on solar and wind power. The company offers solutions that assist solar power producers, financiers, system integrators, and original equipment manufacturers in optimizing energy output and reducing operational and maintenance costs. Additionally, Fat Spaniel provides lifecycle management services and features a web portal known as Fat Spaniel Insight Manager, which enables users to build, share, and manage energy data applications. Through its services, Fat Spaniel aims to help clients mitigate risks and enhance returns on investment for renewable energy projects.

Akermin

Series A in 2007
Akermin is based in St. Louis, Missouri, and was formed in 2004 to commercialize breakthrough stabilized enzyme technology invented at Saint Louis University. In 2008, Akermin demonstrated its prototype of a fully functioning biofuel cell operating on methanol fuel and using stabilized laccase to replace the metal catalyst in conventional cathodes. Commercial applications in wireless sensors and military uses are their primary focus. Development for the use of stabilized enzymes in the food processing, biofuels, chemical, and pharmaceutical industries is under way.

BridgeLux

Series C in 2007
Bridgelux, Inc. is a developer and manufacturer of solid-state lighting technologies based in Fremont, California. Established in 2002, the company specializes in high-power, energy-efficient light-emitting diode (LED) solutions, offering a diverse range of products including LED arrays, chips, subsystems, and surface mounts. Its product lineup encompasses various applications, such as downlights, streetlights, and replacement lamps, serving sectors like retail, healthcare, and industrial environments. Bridgelux aims to replace traditional lighting technologies with its sustainable and cost-effective solutions, contributing to global energy efficiency efforts. The company also provides testing, application engineering, and reference design services to support its clients. In addition to its headquarters, Bridgelux has strategic partnerships and additional locations globally, enhancing its market reach and technological innovation. The company was previously known as eLite Optoelectronics, Inc. before rebranding in April 2006.

HydroPoint Data Systems

Series C in 2007
HydroPoint Data Systems, Inc. is a leading provider of smart water management solutions focused on landscape irrigation. The company specializes in the development and manufacture of WeatherTRAK electronic systems, which include controllers, hardware, and cloud-based applications designed to automate irrigation schedules based on specific landscape parameters such as plant type and soil conditions. HydroPoint's offerings include a range of products, including WeatherTRAK Controllers, Flow Management solutions, and a mobile application, as well as HydroPoint 360° Smart Water Management systems. The company also provides outdoor water management services, including site evaluations, irrigation system audits, and maintenance plans. In addition, HydroPoint delivers site-specific weather data and hydro analytics services to various sectors, including commercial real estate, hospitality, education, and government agencies. Founded in 2002 and headquartered in Petaluma, California, HydroPoint markets its products through distributors across the United States, aiming to reduce waste in urban water use, where landscape irrigation accounts for a significant portion of consumption.

General Fusion

Seed Round in 2007
General Fusion Inc. is a Canadian company focused on the development of commercial Magnetized Target Fusion (MTF), a promising hybrid approach that combines elements of magnetic fusion and inertial confinement fusion. Founded in 2002 and based in Burnaby, the company aims to create utility-scale fusion power plants that can provide clean, safe, and abundant energy. General Fusion is pioneering a patent-pending concept that leverages advancements in MTF, which has seen limited exploration since the 1970s. The company is dedicated to demonstrating and commercializing this innovative energy solution by the end of the decade. It is supported by a network of global energy venture capital firms, industry leaders, and technology innovators, all working to reduce technical risks and accelerate the path to viable fusion energy.

Purfresh Clean

Series B in 2006
Purfresh Clean specializes in the removal of odors, mold, mildew, bacteria, germs, and viruses from various enclosed spaces, including yachts and agricultural products. The company utilizes advanced oxygen-3 (O3) systems that are automated and require no human labor for operation. These systems feature specialized sensors and remote computer control, enabling effective disinfection through scientifically controlled O3 levels. In addition, Purfresh Clean offers solutions for the transportation of fruits and vegetables in refrigerated international ocean containers, extending their shelf life by utilizing O3 technology. The company's controlled atmosphere systems are designed to help businesses, schools, and governments eliminate pathogens, including SARS-CoV-2, from indoor environments, ensuring safety and enabling continued operations.

Fat Spaniel Technologies

Series A in 2006
Fat Spaniel Technologies, founded in 2003, is a key provider of monitoring and reporting services for the renewable energy sector, with a focus on solar and wind power. The company offers solutions that assist solar power producers, financiers, system integrators, and original equipment manufacturers in optimizing energy output and reducing operational and maintenance costs. Additionally, Fat Spaniel provides lifecycle management services and features a web portal known as Fat Spaniel Insight Manager, which enables users to build, share, and manage energy data applications. Through its services, Fat Spaniel aims to help clients mitigate risks and enhance returns on investment for renewable energy projects.

EnerWorks

Venture Round in 2006
EnerWorks is a North American solar thermal technology provider With proven, patented technology and certified systems, EnerWorks offers high quality, reliable, and cost-effective renewable energy solutions to the North American and Caribbean markets. EnerWorks develops and manufactures proprietary renewable energy appliances for residential, commercial, and industrial markets. EnerWorks is at the forefront of integrated solar thermal solutions, working with local partners to design, install, commission, and maintain solar thermal heating and cooling systems.

Lilliputian Systems

Venture Round in 2006
Lilliputian Systems provides mobile power solutions for consumer electronics devices. The company aims to revolutionize mobile fuel, ushering in new applications and devices made possible by their technology.

Cyrium Technologies

Series B in 2005
Cyrium Technologies Inc. operates as a fabless concentrator photovoltaic (CPV) cell manufacturer in Canada. The company develops, manufactures, and supplies CPV cells for terrestrial solar energy markets and CPV system manufacturers; quantum dot enhanced cells; and application-specific concentrator cells (ASCC). It also provides cell performance optimization and customization services through the ASCC program. The company was founded in 2002 and is headquartered in Ottawa, Canada with an additional office in Hong Kong.

Day4 Energy

Venture Round in 2005
Day4 Energy is a global brand focused on delivering innovative photovoltaic technologies, products, and services for solar panel manufacturing in residential, commercial, and utility-scale applications. The company specializes in advanced electrode technology that significantly improves the performance of both mono and polycrystalline silicon solar cells. Through its patented innovations and commitment to superior product quality, Day4 Energy aims to enhance the efficiency and reach of solar energy solutions.

Akermin

Series A in 2005
Akermin is based in St. Louis, Missouri, and was formed in 2004 to commercialize breakthrough stabilized enzyme technology invented at Saint Louis University. In 2008, Akermin demonstrated its prototype of a fully functioning biofuel cell operating on methanol fuel and using stabilized laccase to replace the metal catalyst in conventional cathodes. Commercial applications in wireless sensors and military uses are their primary focus. Development for the use of stabilized enzymes in the food processing, biofuels, chemical, and pharmaceutical industries is under way.

H2scan

Series B in 2004
H2scan Corporation, based in Valencia, California, specializes in manufacturing and selling hydrogen leak detection and process gas measurement products for industrial markets globally. Established in 2002, the company offers several product lines, including HY-OPTIMA, which features real-time in-line portable hydrogen monitors for process optimization, and HY-ALERTA, which includes portable hydrogen leak detectors and fixed area monitors designed for safety in environments with potential hydrogen leaks. H2scan's solutions cater to various industries, such as electric power, petroleum, nuclear power, semiconductor, and chemical production. The company leverages hydrogen sensing technology for integration into customer products and maintains a distribution network across North America, Asia, Europe, South America, the Middle East, Australia, and Africa. H2scan has developed its technology with foundational support from the U.S. National Laboratory at Sandia and has established strategic partnerships to enhance its market presence.

ReliOn

Series B in 2004
ReliOn is a leading developer and marketer of modular, cartridge-based proton exchange membrane (PEM) fuel cell technology. The company specializes in providing stationary fuel cells designed for emergency and backup power, uninterruptible power supplies, and off-grid power applications. Serving a diverse clientele that includes telecommunications, energy, transportation, and government sectors, ReliOn's commercially available fuel cells have a proven track record, with over 1,900 kW sold and delivered both domestically and internationally. Their product offerings encompass various configurations and systems tailored to meet the specific needs of private and public entities, including major telecommunications providers and utility companies.

PolyFuel

Series B in 2002
PolyFuel has develops improved membranes and systems for resolving the power gap in portable electronic devices.

Angstrom Power

Venture Round in 2002
Angstrom Power Incorporated researches and develops portable fuel cell devices. It provides Micro Hydrogen, an electrochemical energy converter that produces electricity, water vapor, and heat from hydrogen and airborne oxygen.

H2scan

Venture Round in 2002
H2scan Corporation, based in Valencia, California, specializes in manufacturing and selling hydrogen leak detection and process gas measurement products for industrial markets globally. Established in 2002, the company offers several product lines, including HY-OPTIMA, which features real-time in-line portable hydrogen monitors for process optimization, and HY-ALERTA, which includes portable hydrogen leak detectors and fixed area monitors designed for safety in environments with potential hydrogen leaks. H2scan's solutions cater to various industries, such as electric power, petroleum, nuclear power, semiconductor, and chemical production. The company leverages hydrogen sensing technology for integration into customer products and maintains a distribution network across North America, Asia, Europe, South America, the Middle East, Australia, and Africa. H2scan has developed its technology with foundational support from the U.S. National Laboratory at Sandia and has established strategic partnerships to enhance its market presence.

H2Gen Innovations

Series A in 2001
H2Gen Innovations, Inc., of Alexandria , Virginia develops, manufactures and markets on-site hydrogen appliances that provide a significant breakthrough for the existing industrial hydrogen market and will be a key enabling technology for the emerging hydrogen economy. The H2Gen hydrogen generator module (HGM) converts natural gas to hydrogen using a unique steam methane reformer, producing 2,000 scf/hr. of up to “five nines” pure hydrogen. The all-in cost of hydrogen produced with the HGM at the point of delivery is 35% to 65% less than existing conventional methods of producing and delivering hydrogen to target end-use customers. They believe that they have the superior technology for on-site hydrogen production in regard to output, purity and price for a remarkably small appliance. The company was formed in February 2001 by a team of engineers who saw the market opportunity, and who had been working on the concept and technology for the preceding seven years.
Spot something off? Help us improve by flagging any incorrect or outdated information. Just email us at support@teaserclub.com. Your feedback is most welcome.