Chrysalix Venture Capital

Chrysalix Venture Capital, established in 2001 and headquartered in Vancouver, is an early-stage venture capital firm specializing in industrial innovation. It invests in and supports promising technologies and entrepreneurs addressing global industrial demands, particularly in clean-tech, renewable energy, agriculture, and related sectors. The firm offers deep industry knowledge, management assistance, networking opportunities, intellectual property management, and direct access to capital.

Greg Allen

Partner

Nicholas Andruschak

Vice President

Fred Van Beuningen

Managing Partner

Charles Haythornthwaite

Senior Partner

Gene J.W. Kim

Venture Partner

Alicia Lenis

Vice President

Wendy Leong

CFO

98 past transactions

VerAI Discoveries

Series B in 2025
VerAI Discoveries is an AI-driven mineral asset portfolio company that employs artificial intelligence and machine learning to identify concealed mineral deposits in underexplored terrain. By focusing on prime mining jurisdictions, VerAI enhances the likelihood of discovering significant mineral deposits while reducing economic risks associated with exploration. The company utilizes its advanced platform to analyze complex datasets and trace unique signatures of existing deposits, thereby accelerating the mineral exploration process. VerAI collaborates with industry investors and explorers to develop a diversified portfolio of base and precious metal targets, contributing to the global supply of critical minerals and supporting the transition towards a zero-carbon economy.

Q5D

Venture Round in 2024
Q5D is an innovative company specializing in the automation of manufacturing and assembly processes for wiring looms. It develops advanced tools and laser micromachining technology that streamline the intricate connections of electric components. Q5D's solutions cater to various industrial sectors, including automotive, aerospace, consumer electronics, and robotics. By enabling the direct addition of wire and printed electronics onto product surfaces, the company enhances manufacturing quality, productivity, and functionality while simultaneously lowering production costs. This technology provides clients with a competitive advantage in achieving efficiency, resilience, and sustainability in their operations.

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.

Everox

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 utilizing advanced separation and quality control technologies, C2CA aims to create a circular concrete economy that mitigates significant CO2 emissions associated with traditional concrete production. Its mobile concrete recycling system not only reduces logistical challenges but also minimizes water and energy consumption in the recycling process. The company's demonstration site in Hoorn showcases its commitment to achieving 100% circular concrete and fostering a more sustainable future through eco-friendly construction practices.

Liminal

Venture Round in 2024
Liminal, formerly known as Feasible, Inc., specializes in battery analytics through its innovative EchoStat platform, which utilizes ultrasound waves to assess the physical properties of batteries. By sending ultrasonic pulses through a battery and analyzing the resulting echoes, Liminal can detect differentials within individual cells, across multiple cells, and even between production lines. This technology allows for real-time insights into the electrical, thermal, and mechanical conditions of battery components, making it particularly valuable for industries such as automotive, residential storage, grid storage, and consumer electronics. Founded in 2015 and headquartered in Emeryville, California, Liminal is positioned to enhance battery performance and reliability through its advanced screening and analytics capabilities.

Rithmik Solutions

Seed Round in 2024
Rithmik Solutions Ltd. is a Montreal-based company that specializes in developing software solutions tailored for the mining industry. Founded in 2017, Rithmik focuses on predictive maintenance for mobile mining equipment through its artificial intelligence platform. The company's flagship product, the Asset Health Analyzer, utilizes AI to monitor equipment health by creating a virtual model of a healthy asset alongside its physical counterpart. This innovative approach allows for the early detection of deviations from optimal performance, thereby providing insights that help clients reduce maintenance costs and increase equipment uptime. Rithmik Solutions is dedicated to enhancing productivity and profitability within the mining sector through its advanced analytics systems.

HaiLa

Venture Round in 2023
HaiLa Technologies Inc., established in 2017, specializes in developing wireless connectivity platforms for remote data capture and management devices. Based in Montreal, Canada, with offices in Copenhagen, Denmark, and San Francisco, California, the company offers sensors and software that enable Internet of Things (IoT) devices to transmit data using ambient waves, reducing power consumption and extending battery life. HaiLa's solutions cater to diverse applications such as smart homes, agriculture, industry, wearables, and medical devices, aiming to facilitate wide-scale IoT deployment while promoting sustainability.

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 employs artificial intelligence and machine learning to identify concealed mineral deposits in underexplored terrain. By focusing on prime mining jurisdictions, VerAI enhances the likelihood of discovering significant mineral deposits while reducing economic risks associated with exploration. The company utilizes its advanced platform to analyze complex datasets and trace unique signatures of existing deposits, thereby accelerating the mineral exploration process. VerAI collaborates with industry investors and explorers to develop a diversified portfolio of base and precious metal targets, contributing to the global supply of critical minerals and supporting the transition towards a zero-carbon economy.

Everox

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 utilizing advanced separation and quality control technologies, C2CA aims to create a circular concrete economy that mitigates significant CO2 emissions associated with traditional concrete production. Its mobile concrete recycling system not only reduces logistical challenges but also minimizes water and energy consumption in the recycling process. The company's demonstration site in Hoorn showcases its commitment to achieving 100% circular concrete and fostering a more sustainable future through eco-friendly construction practices.

Liminal

Series A in 2023
Liminal, formerly known as Feasible, Inc., specializes in battery analytics through its innovative EchoStat platform, which utilizes ultrasound waves to assess the physical properties of batteries. By sending ultrasonic pulses through a battery and analyzing the resulting echoes, Liminal can detect differentials within individual cells, across multiple cells, and even between production lines. This technology allows for real-time insights into the electrical, thermal, and mechanical conditions of battery components, making it particularly valuable for industries such as automotive, residential storage, grid storage, and consumer electronics. Founded in 2015 and headquartered in Emeryville, California, Liminal is positioned to enhance battery performance and reliability through its advanced screening and analytics capabilities.

MineSense

Series E in 2022
MineSense Technologies Ltd. is a mining technology company based in Vancouver, Canada, specializing in sensor-based mineral processing solutions for the global mining industry. Founded in 2008, the company has developed high-frequency electromagnetic sensor (HFEMS) technology, which integrates with material handling equipment to measure and report ore grades in real-time. MineSense offers various systems, including BeltSense, which monitors ore grades on conveyor belts, and ShovelSense, designed for hydraulic shovels to enable online analysis and ore diversion. Additionally, the SortOre system scans ore streams particle-by-particle to optimize sorting processes. The company also provides evaluation tools such as ConductOre for ore characterization and PreCalculatOre for economic modeling of ore pre-concentration techniques. MineSense further supports its clients with laboratory services for mineral sample evaluation, along with professional and field services to enhance mining productivity and recovery. With offices in South America, Australia, and Africa, MineSense is committed to improving the efficiency and sustainability of mining operations worldwide.

Luffy AI

Seed Round in 2022
Luffy AI Limited, incorporated in 2018 and based in Thame, United Kingdom, specializes in developing advanced artificial intelligence technologies focused on neuroplasticity and adaptive neural networks. The company creates innovative products, including an adaptive AI flight controller for unmanned aerial vehicles (UAVs) and an intelligent actuator controller for robotics and industrial processes. Luffy AI's adaptive AI control systems are designed to learn the intricacies of manufacturing equipment, allowing them to adjust to changing conditions over time. This capability enables businesses to optimize their operations and enhance performance, positioning Luffy AI at the forefront of AI applications in the robotics and industrial sectors.

Q5D

Seed Round in 2022
Q5D is an innovative company specializing in the automation of manufacturing and assembly processes for wiring looms. It develops advanced tools and laser micromachining technology that streamline the intricate connections of electric components. Q5D's solutions cater to various industrial sectors, including automotive, aerospace, consumer electronics, and robotics. By enabling the direct addition of wire and printed electronics onto product surfaces, the company enhances manufacturing quality, productivity, and functionality while simultaneously lowering production costs. This technology provides clients with a competitive 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 by employing innovative drilling techniques to extract resources from steeply dipping, narrow vein deposits. These deposits are often deemed uneconomic with conventional extraction methods. Novamera has developed a unique approach called Sustainable Mining by Drilling, which integrates high-resolution subsurface imaging with directional drilling in a two-pass process. This method allows for precise identification of the vein's physical shape, enabling more efficient and environmentally friendly mining practices. The company combines proprietary software and hardware with standard mining equipment to improve the efficiency and flexibility of mining operations, ultimately unlocking value in mineral deposits that were previously inaccessible. Headquartered in Mississauga, Canada, Novamera also has an office in Baie Verte, Canada.

Svante

Series D in 2021
Svante Inc., established in 2007 and headquartered in Burnaby, Canada, specializes in carbon capture and removal solutions. The company develops and manufactures novel solid sorbents, structured adsorbent filters, and rotary contactor machines for post-combustion industrial carbon capture and direct air capture. Svante's leading-edge technology captures and concentrates CO2 from heavy industries' emissions and the atmosphere, enabling customers to reduce capital costs and energy consumption. The company partners with global CCUS stakeholders to scale the industry and facilitate source-to-sink carbon capture projects.

Applied Impact Robotics

Seed Round in 2021
Applied Impact Robotics, Inc. is a company based in Ashburn, Virginia, specializing in the development and commercialization of customized robotic and Internet of Things (IoT) solutions across various industries. The company has engineered a robotic inspection system specifically designed to examine crude oil tank floors while the tanks remain operational. This innovative technology utilizes pneumatic vibration to effectively navigate through sludge and sediment, allowing for inspections that would typically necessitate offline tank cleaning. By facilitating inspections in challenging environments, Applied Impact Robotics helps organizations enhance efficiency and reduce operational downtime.

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

Seed Round in 2020
HaiLa Technologies Inc., established in 2017, specializes in developing wireless connectivity platforms for remote data capture and management devices. Based in Montreal, Canada, with offices in Copenhagen, Denmark, and San Francisco, California, the company offers sensors and software that enable Internet of Things (IoT) devices to transmit data using ambient waves, reducing power consumption and extending battery life. HaiLa's solutions cater to diverse applications such as smart homes, agriculture, industry, wearables, and medical devices, aiming to facilitate wide-scale IoT deployment while promoting sustainability.

Novamera

Venture Round in 2020
Novamera Inc. is a Canadian company specializing in the mining of gold, copper, and other ores by employing innovative drilling techniques to extract resources from steeply dipping, narrow vein deposits. These deposits are often deemed uneconomic with conventional extraction methods. Novamera has developed a unique approach called Sustainable Mining by Drilling, which integrates high-resolution subsurface imaging with directional drilling in a two-pass process. This method allows for precise identification of the vein's physical shape, enabling more efficient and environmentally friendly mining practices. The company combines proprietary software and hardware with standard mining equipment to improve the efficiency and flexibility of mining operations, ultimately unlocking value in mineral deposits that were previously inaccessible. Headquartered in Mississauga, Canada, Novamera also has an office in Baie Verte, Canada.

General Fusion

Series E in 2019
General Fusion Inc., established in 2002 and headquartered in Burnaby, Canada, specializes in developing commercial Magnetized Target Fusion (MTF), a hybrid fusion method combining magnetic confinement and inertial confinement principles. The company focuses on creating utility-scale fusion power using its patent-pending MTF concept, which has the potential to provide clean, safe, and economical energy. General Fusion develops key subsystems such as plasma injectors, acoustic drivers, and liquid metal vortex compression tests to advance its MTF technology. Backed by a global syndicate of investors, industry leaders, and technology pioneers, General Fusion aims to demonstrate and commercialize its innovative fusion power plants by the end of the decade.

Liminal

Venture Round in 2019
Liminal, formerly known as Feasible, Inc., specializes in battery analytics through its innovative EchoStat platform, which utilizes ultrasound waves to assess the physical properties of batteries. By sending ultrasonic pulses through a battery and analyzing the resulting echoes, Liminal can detect differentials within individual cells, across multiple cells, and even between production lines. This technology allows for real-time insights into the electrical, thermal, and mechanical conditions of battery components, making it particularly valuable for industries such as automotive, residential storage, grid storage, and consumer electronics. Founded in 2015 and headquartered in Emeryville, California, Liminal is positioned to enhance battery performance and reliability through its advanced screening and analytics capabilities.

MineSense

Series D in 2018
MineSense Technologies Ltd. is a mining technology company based in Vancouver, Canada, specializing in sensor-based mineral processing solutions for the global mining industry. Founded in 2008, the company has developed high-frequency electromagnetic sensor (HFEMS) technology, which integrates with material handling equipment to measure and report ore grades in real-time. MineSense offers various systems, including BeltSense, which monitors ore grades on conveyor belts, and ShovelSense, designed for hydraulic shovels to enable online analysis and ore diversion. Additionally, the SortOre system scans ore streams particle-by-particle to optimize sorting processes. The company also provides evaluation tools such as ConductOre for ore characterization and PreCalculatOre for economic modeling of ore pre-concentration techniques. MineSense further supports its clients with laboratory services for mineral sample evaluation, along with professional and field services to enhance mining productivity and recovery. With offices in South America, Australia, and Africa, MineSense is committed to improving the efficiency and sustainability of mining operations worldwide.

Generac Grid Services

Series B in 2017
Generac Grid Services specializes in advanced energy grid software that supports the energy industry by optimizing energy distribution and managing electric vehicle (EV) loads. The company utilizes a real-time energy-balancing platform designed to enhance the operational stability of power grids by effectively harnessing distributed energy resources, including flexible loads, energy storage, and renewable energy sources. Generac Grid Services provides essential tools for energy retailers and utilities, enabling them to dynamically optimize and dispatch resources to meet the real-time demands of the power system. By leveraging this technology, the company addresses the complexities associated with increasingly variable energy assets and evolving market opportunities, thereby enhancing overall grid reliability and efficiency.

Svante

Series B in 2017
Svante Inc., established in 2007 and headquartered in Burnaby, Canada, specializes in carbon capture and removal solutions. The company develops and manufactures novel solid sorbents, structured adsorbent filters, and rotary contactor machines for post-combustion industrial carbon capture and direct air capture. Svante's leading-edge technology captures and concentrates CO2 from heavy industries' emissions and the atmosphere, enabling customers to reduce capital costs and energy consumption. The company partners with global CCUS stakeholders to scale the industry and facilitate source-to-sink carbon capture projects.

Generac Grid Services

Series B in 2017
Generac Grid Services specializes in advanced energy grid software that supports the energy industry by optimizing energy distribution and managing electric vehicle (EV) loads. The company utilizes a real-time energy-balancing platform designed to enhance the operational stability of power grids by effectively harnessing distributed energy resources, including flexible loads, energy storage, and renewable energy sources. Generac Grid Services provides essential tools for energy retailers and utilities, enabling them to dynamically optimize and dispatch resources to meet the real-time demands of the power system. By leveraging this technology, the company addresses the complexities associated with increasingly variable energy assets and evolving market opportunities, thereby enhancing overall grid reliability and efficiency.

MineSense

Series C in 2017
MineSense Technologies Ltd. is a mining technology company based in Vancouver, Canada, specializing in sensor-based mineral processing solutions for the global mining industry. Founded in 2008, the company has developed high-frequency electromagnetic sensor (HFEMS) technology, which integrates with material handling equipment to measure and report ore grades in real-time. MineSense offers various systems, including BeltSense, which monitors ore grades on conveyor belts, and ShovelSense, designed for hydraulic shovels to enable online analysis and ore diversion. Additionally, the SortOre system scans ore streams particle-by-particle to optimize sorting processes. The company also provides evaluation tools such as ConductOre for ore characterization and PreCalculatOre for economic modeling of ore pre-concentration techniques. MineSense further supports its clients with laboratory services for mineral sample evaluation, along with professional and field services to enhance mining productivity and recovery. With offices in South America, Australia, and Africa, MineSense is committed to improving the efficiency and sustainability of mining operations worldwide.

NanoSteel

Venture Round in 2016
NanoSteel is an advanced materials company focused on the design and commercialization of patented steels with superior mechanical properties derived from their nano-scale microstructure. It specializes in proprietary alloys intended for automotive lightweight applications, developing multiple generations of ferrous materials innovations, including metallic coatings and additive manufacturing powders. With over 300 patents filed and granted globally, NanoSteel's nanostructured steel designs deliver next-generation performance across various industrial sectors, including oil and gas, mining, cement, concrete, and power. Its advanced high strength steel (AHSS) sheet material is particularly significant, as it aims to transform steel usage in the automotive industry by enabling manufacturers to produce new, lightweight vehicles that comply with stringent fuel economy regulations while avoiding costly production processes.

MineSense

Series B in 2016
MineSense Technologies Ltd. is a mining technology company based in Vancouver, Canada, specializing in sensor-based mineral processing solutions for the global mining industry. Founded in 2008, the company has developed high-frequency electromagnetic sensor (HFEMS) technology, which integrates with material handling equipment to measure and report ore grades in real-time. MineSense offers various systems, including BeltSense, which monitors ore grades on conveyor belts, and ShovelSense, designed for hydraulic shovels to enable online analysis and ore diversion. Additionally, the SortOre system scans ore streams particle-by-particle to optimize sorting processes. The company also provides evaluation tools such as ConductOre for ore characterization and PreCalculatOre for economic modeling of ore pre-concentration techniques. MineSense further supports its clients with laboratory services for mineral sample evaluation, along with professional and field services to enhance mining productivity and recovery. With offices in South America, Australia, and Africa, MineSense is committed to improving the efficiency and sustainability of mining operations worldwide.

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, the firm focuses on developing chemical-free systems designed to address high concentrations of complex and toxic organic pollutants, including phenols, pharmaceuticals, and ammonia, in industrial wastewater. Utilizing proprietary electrolytic oxidation technology, Axine's systems effectively treat various pollutants in a single step without the need for chemicals or the production of sludge. The company's solutions cater to a diverse range of industries, including oil and gas, petrochemicals, pharmaceuticals, textiles, and waste management, helping clients reduce costs and enhance the performance of their wastewater management processes.

MineSense

Convertible Note in 2016
MineSense Technologies Ltd. is a mining technology company based in Vancouver, Canada, specializing in sensor-based mineral processing solutions for the global mining industry. Founded in 2008, the company has developed high-frequency electromagnetic sensor (HFEMS) technology, which integrates with material handling equipment to measure and report ore grades in real-time. MineSense offers various systems, including BeltSense, which monitors ore grades on conveyor belts, and ShovelSense, designed for hydraulic shovels to enable online analysis and ore diversion. Additionally, the SortOre system scans ore streams particle-by-particle to optimize sorting processes. The company also provides evaluation tools such as ConductOre for ore characterization and PreCalculatOre for economic modeling of ore pre-concentration techniques. MineSense further supports its clients with laboratory services for mineral sample evaluation, along with professional and field services to enhance mining productivity and recovery. With offices in South America, Australia, and Africa, MineSense is committed to improving the efficiency and sustainability of mining operations worldwide.

Primus Power

Series D in 2015
Primus Power Corporation, founded in 2009 and headquartered in Hayward, California, designs and manufactures electrical energy storage systems. The company specializes in flow batteries, specifically Zinc Bromine batteries, which are safe, low maintenance, and have a long lifespan of twenty years. Their flagship product, the EnergyPod 2, is designed for various applications including peak shaving, bulk energy shifting, renewables integration, grid support, and islanding/black start. It offers flexible capacity from 25kW to 25MW for stationary, grid-scale applications with a discharge time of five hours. Primus Power serves commercial and industrial sectors, data centers, microgrids, and utility customers both domestically and internationally. The company has additional locations in New York, Bryanston, South Africa, and Marlow, United Kingdom.

MineSense

Series B in 2015
MineSense Technologies Ltd. is a mining technology company based in Vancouver, Canada, specializing in sensor-based mineral processing solutions for the global mining industry. Founded in 2008, the company has developed high-frequency electromagnetic sensor (HFEMS) technology, which integrates with material handling equipment to measure and report ore grades in real-time. MineSense offers various systems, including BeltSense, which monitors ore grades on conveyor belts, and ShovelSense, designed for hydraulic shovels to enable online analysis and ore diversion. Additionally, the SortOre system scans ore streams particle-by-particle to optimize sorting processes. The company also provides evaluation tools such as ConductOre for ore characterization and PreCalculatOre for economic modeling of ore pre-concentration techniques. MineSense further supports its clients with laboratory services for mineral sample evaluation, along with professional and field services to enhance mining productivity and recovery. With offices in South America, Australia, and Africa, MineSense is committed to improving the efficiency and sustainability of mining operations worldwide.

General Fusion

Venture Round in 2015
General Fusion Inc., established in 2002 and headquartered in Burnaby, Canada, specializes in developing commercial Magnetized Target Fusion (MTF), a hybrid fusion method combining magnetic confinement and inertial confinement principles. The company focuses on creating utility-scale fusion power using its patent-pending MTF concept, which has the potential to provide clean, safe, and economical energy. General Fusion develops key subsystems such as plasma injectors, acoustic drivers, and liquid metal vortex compression tests to advance its MTF technology. Backed by a global syndicate of investors, industry leaders, and technology pioneers, General Fusion aims to demonstrate and commercialize its innovative fusion power plants by the end of the decade.

GaN Systems

Series C in 2015
GaN Systems Inc. is a semiconductor company specializing in the development and manufacture of gallium nitride power switching transistors. Founded in 2008 and headquartered in Ottawa, Canada, the company also has offices in Japan, China, and Germany. It offers a variety of products, including 650 V and 100 V E-HEMT transistors and wireless power amplifiers, which are utilized in various applications such as consumer electronics, industrial systems, renewable energy solutions, and transportation. GaN Systems aims to address significant challenges in power systems by providing high-efficiency and compact power solutions, ultimately enabling improvements in energy efficiency and cost-effectiveness for its clients across different sectors. The company serves a diverse market, including consumer brands and enterprise equipment manufacturers in Asia and beyond.

Generac Grid Services

Venture Round in 2015
Generac Grid Services specializes in advanced energy grid software that supports the energy industry by optimizing energy distribution and managing electric vehicle (EV) loads. The company utilizes a real-time energy-balancing platform designed to enhance the operational stability of power grids by effectively harnessing distributed energy resources, including flexible loads, energy storage, and renewable energy sources. Generac Grid Services provides essential tools for energy retailers and utilities, enabling them to dynamically optimize and dispatch resources to meet the real-time demands of the power system. By leveraging this technology, the company addresses the complexities associated with increasingly variable energy assets and evolving market opportunities, thereby enhancing overall grid reliability and efficiency.

MineSense

Series B in 2014
MineSense Technologies Ltd. is a mining technology company based in Vancouver, Canada, specializing in sensor-based mineral processing solutions for the global mining industry. Founded in 2008, the company has developed high-frequency electromagnetic sensor (HFEMS) technology, which integrates with material handling equipment to measure and report ore grades in real-time. MineSense offers various systems, including BeltSense, which monitors ore grades on conveyor belts, and ShovelSense, designed for hydraulic shovels to enable online analysis and ore diversion. Additionally, the SortOre system scans ore streams particle-by-particle to optimize sorting processes. The company also provides evaluation tools such as ConductOre for ore characterization and PreCalculatOre for economic modeling of ore pre-concentration techniques. MineSense further supports its clients with laboratory services for mineral sample evaluation, along with professional and field services to enhance mining productivity and recovery. With offices in South America, Australia, and Africa, MineSense is committed to improving the efficiency and sustainability of mining operations worldwide.

Liquid Light

Series B in 2014
Liquid Light Corporation is a Monmouth Junction, New Jersey-based company that specializes in developing and licensing innovative technology for converting carbon dioxide (CO2) into valuable chemicals and fuels. Founded in 2008, the company utilizes a low-energy catalytic electrochemistry process to efficiently transform CO2 into multi-carbon chemicals, such as ethylene glycol. This patent-pending electrocatalytic platform allows for the use of low-cost inputs and promotes long-term pricing stability, enabling industries to turn an environmental waste into a profitable resource. By harnessing its technology, Liquid Light aims to help customers lower production costs, reduce reliance on volatile petroleum feedstocks, and minimize their carbon footprint, thereby contributing to more sustainable industrial practices.

GlassPoint Solar

Series C in 2014
GlassPoint Solar, Inc. designs, manufactures, and installs solar thermal steam generators specifically for the oil and gas industry. By providing solar steam for enhanced oil recovery applications, the company significantly reduces gas consumption, achieving reductions of up to 80 percent compared to traditional gas-fired steam generation. GlassPoint serves a diverse clientele, including independent producers, national oil companies, and various manufacturing sectors, with a focus on regions such as Southern California, North Africa, Western China, and Madagascar. Established in 2008 and headquartered in Fremont, California, GlassPoint Solar operates regional offices in Muscat, Oman; Kuwait City, Kuwait; Bakersfield, California; Santiago, Chile; and Shenzhen, China. The company was previously known as CleanBoard, Inc. before rebranding in October 2009.

Svante

Venture Round in 2014
Svante Inc., established in 2007 and headquartered in Burnaby, Canada, specializes in carbon capture and removal solutions. The company develops and manufactures novel solid sorbents, structured adsorbent filters, and rotary contactor machines for post-combustion industrial carbon capture and direct air capture. Svante's leading-edge technology captures and concentrates CO2 from heavy industries' emissions and the atmosphere, enabling customers to reduce capital costs and energy consumption. The company partners with global CCUS stakeholders to scale the industry and facilitate source-to-sink carbon capture projects.

General Fusion

Series D in 2014
General Fusion Inc., established in 2002 and headquartered in Burnaby, Canada, specializes in developing commercial Magnetized Target Fusion (MTF), a hybrid fusion method combining magnetic confinement and inertial confinement principles. The company focuses on creating utility-scale fusion power using its patent-pending MTF concept, which has the potential to provide clean, safe, and economical energy. General Fusion develops key subsystems such as plasma injectors, acoustic drivers, and liquid metal vortex compression tests to advance its MTF technology. Backed by a global syndicate of investors, industry leaders, and technology pioneers, General Fusion aims to demonstrate and commercialize its innovative fusion power plants by the end of the decade.

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, the firm focuses on developing chemical-free systems designed to address high concentrations of complex and toxic organic pollutants, including phenols, pharmaceuticals, and ammonia, in industrial wastewater. Utilizing proprietary electrolytic oxidation technology, Axine's systems effectively treat various pollutants in a single step without the need for chemicals or the production of sludge. The company's solutions cater to a diverse range of industries, including oil and gas, petrochemicals, pharmaceuticals, textiles, and waste management, helping clients reduce costs and enhance the performance of their wastewater management processes.

General Fusion

Series C in 2013
General Fusion Inc., established in 2002 and headquartered in Burnaby, Canada, specializes in developing commercial Magnetized Target Fusion (MTF), a hybrid fusion method combining magnetic confinement and inertial confinement principles. The company focuses on creating utility-scale fusion power using its patent-pending MTF concept, which has the potential to provide clean, safe, and economical energy. General Fusion develops key subsystems such as plasma injectors, acoustic drivers, and liquid metal vortex compression tests to advance its MTF technology. Backed by a global syndicate of investors, industry leaders, and technology pioneers, General Fusion aims to demonstrate and commercialize its innovative fusion power plants by the end of the decade.

Purfresh Clean

Venture Round in 2013
Purfresh Clean specializes in the removal of odors, mold, mildew, bacteria, germs, and viruses from various enclosed environments, including yachts and agricultural products. The company utilizes advanced oxygen-3 (O3) systems that are automated to effectively cleanse these spaces without the need for human intervention. Equipped with special sensors and remote computer control, Purfresh Clean's systems provide comprehensive disinfection by managing O3 levels scientifically and maintaining electronic records through a cloud-based interface. Additionally, Purfresh Clean enhances the transport of fruits and vegetables by using O3 in refrigerated international ocean containers, which helps to extend the shelf life of these perishable goods. The company also focuses on creating controlled atmosphere systems aimed at eliminating harmful pathogens like SARS-CoV-2 from indoor environments, thereby ensuring safety and operational continuity for businesses, schools, and government facilities.

MineSense

Series A in 2013
MineSense Technologies Ltd. is a mining technology company based in Vancouver, Canada, specializing in sensor-based mineral processing solutions for the global mining industry. Founded in 2008, the company has developed high-frequency electromagnetic sensor (HFEMS) technology, which integrates with material handling equipment to measure and report ore grades in real-time. MineSense offers various systems, including BeltSense, which monitors ore grades on conveyor belts, and ShovelSense, designed for hydraulic shovels to enable online analysis and ore diversion. Additionally, the SortOre system scans ore streams particle-by-particle to optimize sorting processes. The company also provides evaluation tools such as ConductOre for ore characterization and PreCalculatOre for economic modeling of ore pre-concentration techniques. MineSense further supports its clients with laboratory services for mineral sample evaluation, along with professional and field services to enhance mining productivity and recovery. With offices in South America, Australia, and Africa, MineSense is committed to improving the efficiency and sustainability of mining operations worldwide.

Generac Grid Services

Venture Round in 2012
Generac Grid Services specializes in advanced energy grid software that supports the energy industry by optimizing energy distribution and managing electric vehicle (EV) loads. The company utilizes a real-time energy-balancing platform designed to enhance the operational stability of power grids by effectively harnessing distributed energy resources, including flexible loads, energy storage, and renewable energy sources. Generac Grid Services provides essential tools for energy retailers and utilities, enabling them to dynamically optimize and dispatch resources to meet the real-time demands of the power system. By leveraging this technology, the company addresses the complexities associated with increasingly variable energy assets and evolving market opportunities, thereby enhancing overall grid reliability and efficiency.

GlassPoint Solar

Series B in 2012
GlassPoint Solar, Inc. designs, manufactures, and installs solar thermal steam generators specifically for the oil and gas industry. By providing solar steam for enhanced oil recovery applications, the company significantly reduces gas consumption, achieving reductions of up to 80 percent compared to traditional gas-fired steam generation. GlassPoint serves a diverse clientele, including independent producers, national oil companies, and various manufacturing sectors, with a focus on regions such as Southern California, North Africa, Western China, and Madagascar. Established in 2008 and headquartered in Fremont, California, GlassPoint Solar operates regional offices in Muscat, Oman; Kuwait City, Kuwait; Bakersfield, California; Santiago, Chile; and Shenzhen, China. The company was previously known as CleanBoard, Inc. before rebranding in October 2009.

GlassPoint Solar

Venture Round in 2012
GlassPoint Solar, Inc. designs, manufactures, and installs solar thermal steam generators specifically for the oil and gas industry. By providing solar steam for enhanced oil recovery applications, the company significantly reduces gas consumption, achieving reductions of up to 80 percent compared to traditional gas-fired steam generation. GlassPoint serves a diverse clientele, including independent producers, national oil companies, and various manufacturing sectors, with a focus on regions such as Southern California, North Africa, Western China, and Madagascar. Established in 2008 and headquartered in Fremont, California, GlassPoint Solar operates regional offices in Muscat, Oman; Kuwait City, Kuwait; Bakersfield, California; Santiago, Chile; and Shenzhen, China. The company was previously known as CleanBoard, Inc. before rebranding in October 2009.

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, the firm focuses on developing chemical-free systems designed to address high concentrations of complex and toxic organic pollutants, including phenols, pharmaceuticals, and ammonia, in industrial wastewater. Utilizing proprietary electrolytic oxidation technology, Axine's systems effectively treat various pollutants in a single step without the need for chemicals or the production of sludge. The company's solutions cater to a diverse range of industries, including oil and gas, petrochemicals, pharmaceuticals, textiles, and waste management, helping clients reduce costs and enhance the performance of their wastewater management processes.

GaN Systems

Series B in 2012
GaN Systems Inc. is a semiconductor company specializing in the development and manufacture of gallium nitride power switching transistors. Founded in 2008 and headquartered in Ottawa, Canada, the company also has offices in Japan, China, and Germany. It offers a variety of products, including 650 V and 100 V E-HEMT transistors and wireless power amplifiers, which are utilized in various applications such as consumer electronics, industrial systems, renewable energy solutions, and transportation. GaN Systems aims to address significant challenges in power systems by providing high-efficiency and compact power solutions, ultimately enabling improvements in energy efficiency and cost-effectiveness for its clients across different sectors. The company serves a diverse market, including consumer brands and enterprise equipment manufacturers in Asia and beyond.

Purfresh Clean

Venture Round in 2012
Purfresh Clean specializes in the removal of odors, mold, mildew, bacteria, germs, and viruses from various enclosed environments, including yachts and agricultural products. The company utilizes advanced oxygen-3 (O3) systems that are automated to effectively cleanse these spaces without the need for human intervention. Equipped with special sensors and remote computer control, Purfresh Clean's systems provide comprehensive disinfection by managing O3 levels scientifically and maintaining electronic records through a cloud-based interface. Additionally, Purfresh Clean enhances the transport of fruits and vegetables by using O3 in refrigerated international ocean containers, which helps to extend the shelf life of these perishable goods. The company also focuses on creating controlled atmosphere systems aimed at eliminating harmful pathogens like SARS-CoV-2 from indoor environments, thereby ensuring safety and operational continuity for businesses, schools, and government facilities.

BridgeLux

Series E in 2012
Bridgelux, Inc. is a developer and manufacturer of solid-state lighting technologies headquartered in Fremont, California. Founded in 2002, the company specializes in high-power, energy-efficient light-emitting diode (LED) solutions. Its product portfolio includes LED arrays, chips, subsystems, and surface mounts, catering to various applications such as retail, hospitality, healthcare, and outdoor lighting. Bridgelux aims to replace traditional lighting technologies, like incandescent and fluorescent lamps, with advanced solid-state products that offer enhanced performance and significant energy savings. The company also provides testing, application engineering, and reference design services to support its customers in implementing these technologies. With strategic partnerships with industry leaders, Bridgelux is committed to driving innovation and contributing to global clean energy initiatives.

Liquid Light

Series A in 2011
Liquid Light Corporation is a Monmouth Junction, New Jersey-based company that specializes in developing and licensing innovative technology for converting carbon dioxide (CO2) into valuable chemicals and fuels. Founded in 2008, the company utilizes a low-energy catalytic electrochemistry process to efficiently transform CO2 into multi-carbon chemicals, such as ethylene glycol. This patent-pending electrocatalytic platform allows for the use of low-cost inputs and promotes long-term pricing stability, enabling industries to turn an environmental waste into a profitable resource. By harnessing its technology, Liquid Light aims to help customers lower production costs, reduce reliance on volatile petroleum feedstocks, and minimize their carbon footprint, thereby contributing to more sustainable industrial practices.

Agilyx

Series C in 2011
Agilyx is a developer focused on advancing chemical recycling technologies to facilitate the circular economy for plastics, particularly polystyrene and polymethyl methacrylate. The company engages in waste sourcing and processing, enabling the conversion of recycled plastics into valuable resources such as oils and chemical substrates. Agilyx operates through two main segments, with a significant portion of its revenue stemming from Cyclyx International, Inc., a co-founded waste plastics management company that collaborates with industry participants to create tailored plastic recovery programs. Through its innovative approaches, Agilyx aims to enhance plastic circularity on a global scale and contribute to the transition toward a low-carbon economy.

GaN Systems

Series A in 2011
GaN Systems Inc. is a semiconductor company specializing in the development and manufacture of gallium nitride power switching transistors. Founded in 2008 and headquartered in Ottawa, Canada, the company also has offices in Japan, China, and Germany. It offers a variety of products, including 650 V and 100 V E-HEMT transistors and wireless power amplifiers, which are utilized in various applications such as consumer electronics, industrial systems, renewable energy solutions, and transportation. GaN Systems aims to address significant challenges in power systems by providing high-efficiency and compact power solutions, ultimately enabling improvements in energy efficiency and cost-effectiveness for its clients across different sectors. The company serves a diverse market, including consumer brands and enterprise equipment manufacturers in Asia and beyond.

NanoSteel

Series C in 2011
NanoSteel is an advanced materials company focused on the design and commercialization of patented steels with superior mechanical properties derived from their nano-scale microstructure. It specializes in proprietary alloys intended for automotive lightweight applications, developing multiple generations of ferrous materials innovations, including metallic coatings and additive manufacturing powders. With over 300 patents filed and granted globally, NanoSteel's nanostructured steel designs deliver next-generation performance across various industrial sectors, including oil and gas, mining, cement, concrete, and power. Its advanced high strength steel (AHSS) sheet material is particularly significant, as it aims to transform steel usage in the automotive industry by enabling manufacturers to produce new, lightweight vehicles that comply with stringent fuel economy regulations while avoiding costly production processes.

Greenangel Energy

Series A in 2011
GreenAngel Energy specializes in angel investments focused on early-stage green energy technology ventures. The company targets opportunities that demonstrate significant potential for commercial success within a specified timeframe. By concentrating on sustainable innovations, GreenAngel Energy aims to support the development of environmentally friendly technologies while fostering a positive impact on the energy sector.

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 Corporation, founded in 2009 and headquartered in Hayward, California, designs and manufactures electrical energy storage systems. The company specializes in flow batteries, specifically Zinc Bromine batteries, which are safe, low maintenance, and have a long lifespan of twenty years. Their flagship product, the EnergyPod 2, is designed for various applications including peak shaving, bulk energy shifting, renewables integration, grid support, and islanding/black start. It offers flexible capacity from 25kW to 25MW for stationary, grid-scale applications with a discharge time of five hours. Primus Power serves commercial and industrial sectors, data centers, microgrids, and utility customers both domestically and internationally. The company has additional locations in New York, Bryanston, South Africa, and Marlow, United Kingdom.

General Fusion

Series B in 2011
General Fusion Inc., established in 2002 and headquartered in Burnaby, Canada, specializes in developing commercial Magnetized Target Fusion (MTF), a hybrid fusion method combining magnetic confinement and inertial confinement principles. The company focuses on creating utility-scale fusion power using its patent-pending MTF concept, which has the potential to provide clean, safe, and economical energy. General Fusion develops key subsystems such as plasma injectors, acoustic drivers, and liquid metal vortex compression tests to advance its MTF technology. Backed by a global syndicate of investors, industry leaders, and technology pioneers, General Fusion aims to demonstrate and commercialize its innovative fusion power plants by the end of the decade.

Agilyx

Series B in 2011
Agilyx is a developer focused on advancing chemical recycling technologies to facilitate the circular economy for plastics, particularly polystyrene and polymethyl methacrylate. The company engages in waste sourcing and processing, enabling the conversion of recycled plastics into valuable resources such as oils and chemical substrates. Agilyx operates through two main segments, with a significant portion of its revenue stemming from Cyclyx International, Inc., a co-founded waste plastics management company that collaborates with industry participants to create tailored plastic recovery programs. Through its innovative approaches, Agilyx aims to enhance plastic circularity on a global scale and contribute to the transition toward a low-carbon economy.

Generac Grid Services

Venture Round in 2010
Generac Grid Services specializes in advanced energy grid software that supports the energy industry by optimizing energy distribution and managing electric vehicle (EV) loads. The company utilizes a real-time energy-balancing platform designed to enhance the operational stability of power grids by effectively harnessing distributed energy resources, including flexible loads, energy storage, and renewable energy sources. Generac Grid Services provides essential tools for energy retailers and utilities, enabling them to dynamically optimize and dispatch resources to meet the real-time demands of the power system. By leveraging this technology, the company addresses the complexities associated with increasingly variable energy assets and evolving market opportunities, thereby enhancing overall grid reliability and efficiency.

Brammo

Series B in 2010
Brammo is an electric vehicle technology company based in North America, specializing in the design and development of electric motorcycles. Its product lineup includes models such as the Enertia, Empulse, and Engage, as well as a range of plug-in electric options, including sport and off-road motorcycles. Brammo serves as an original equipment manufacturer (OEM) and provides innovative solutions through its Brammo Digital Drivetrain systems, which encompass the Brammo Power battery pack and vehicle management system. The company operates distribution and marketing channels across North America, Europe, and Asia, contributing to the automotive industry's shift towards greener, emission-free transportation solutions.

Primus Power

Series A in 2010
Primus Power Corporation, founded in 2009 and headquartered in Hayward, California, designs and manufactures electrical energy storage systems. The company specializes in flow batteries, specifically Zinc Bromine batteries, which are safe, low maintenance, and have a long lifespan of twenty years. Their flagship product, the EnergyPod 2, is designed for various applications including peak shaving, bulk energy shifting, renewables integration, grid support, and islanding/black start. It offers flexible capacity from 25kW to 25MW for stationary, grid-scale applications with a discharge time of five hours. Primus Power serves commercial and industrial sectors, data centers, microgrids, and utility customers both domestically and internationally. The company has additional locations in New York, Bryanston, South Africa, and Marlow, United Kingdom.

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 environments, including yachts and agricultural products. The company utilizes advanced oxygen-3 (O3) systems that are automated to effectively cleanse these spaces without the need for human intervention. Equipped with special sensors and remote computer control, Purfresh Clean's systems provide comprehensive disinfection by managing O3 levels scientifically and maintaining electronic records through a cloud-based interface. Additionally, Purfresh Clean enhances the transport of fruits and vegetables by using O3 in refrigerated international ocean containers, which helps to extend the shelf life of these perishable goods. The company also focuses on creating controlled atmosphere systems aimed at eliminating harmful pathogens like SARS-CoV-2 from indoor environments, thereby ensuring safety and operational continuity for businesses, schools, and government facilities.

Akermin

Series B in 2010
Akermin, Inc. is a biocatalyst development company based in St. Louis, Missouri, founded in 2003. The company specializes in innovative solutions for the removal of carbon dioxide (CO2) from industrial gas streams, utilizing biocatalysis and nanotechnology. Akermin has developed proprietary delivery systems that enable the integration of enzymes into traditional chemical absorption processes for effective CO2 removal. In addition to its primary focus on carbon capture, Akermin is also exploring applications of its stabilized enzyme technology in various sectors, including food processing, biofuels, chemicals, and pharmaceuticals. The company aims to commercialize its technology, which originated from research at Saint Louis University, and has demonstrated its capabilities in developing sustainable solutions for a range of industries.

BridgeLux

Series D in 2010
Bridgelux, Inc. is a developer and manufacturer of solid-state lighting technologies headquartered in Fremont, California. Founded in 2002, the company specializes in high-power, energy-efficient light-emitting diode (LED) solutions. Its product portfolio includes LED arrays, chips, subsystems, and surface mounts, catering to various applications such as retail, hospitality, healthcare, and outdoor lighting. Bridgelux aims to replace traditional lighting technologies, like incandescent and fluorescent lamps, with advanced solid-state products that offer enhanced performance and significant energy savings. The company also provides testing, application engineering, and reference design services to support its customers in implementing these technologies. With strategic partnerships with industry leaders, Bridgelux is committed to driving innovation and contributing to global clean energy initiatives.

NanoSteel

Series B in 2009
NanoSteel is an advanced materials company focused on the design and commercialization of patented steels with superior mechanical properties derived from their nano-scale microstructure. It specializes in proprietary alloys intended for automotive lightweight applications, developing multiple generations of ferrous materials innovations, including metallic coatings and additive manufacturing powders. With over 300 patents filed and granted globally, NanoSteel's nanostructured steel designs deliver next-generation performance across various industrial sectors, including oil and gas, mining, cement, concrete, and power. Its advanced high strength steel (AHSS) sheet material is particularly significant, as it aims to transform steel usage in the automotive industry by enabling manufacturers to produce new, lightweight vehicles that comply with stringent fuel economy regulations while avoiding costly production processes.

General Fusion

Series A in 2009
General Fusion Inc., established in 2002 and headquartered in Burnaby, Canada, specializes in developing commercial Magnetized Target Fusion (MTF), a hybrid fusion method combining magnetic confinement and inertial confinement principles. The company focuses on creating utility-scale fusion power using its patent-pending MTF concept, which has the potential to provide clean, safe, and economical energy. General Fusion develops key subsystems such as plasma injectors, acoustic drivers, and liquid metal vortex compression tests to advance its MTF technology. Backed by a global syndicate of investors, industry leaders, and technology pioneers, General Fusion aims to demonstrate and commercialize its innovative fusion power plants by the end of the decade.

Brammo

Series A in 2008
Brammo is an electric vehicle technology company based in North America, specializing in the design and development of electric motorcycles. Its product lineup includes models such as the Enertia, Empulse, and Engage, as well as a range of plug-in electric options, including sport and off-road motorcycles. Brammo serves as an original equipment manufacturer (OEM) and provides innovative solutions through its Brammo Digital Drivetrain systems, which encompass the Brammo Power battery pack and vehicle management system. The company operates distribution and marketing channels across North America, Europe, and Asia, contributing to the automotive industry's shift towards greener, emission-free transportation solutions.

Cyrium Technologies

Series B in 2008
Cyrium Technologies Inc. is a Canadian company that specializes in the development and manufacturing of concentrator photovoltaic (CPV) cells tailored for terrestrial solar energy markets and CPV system manufacturers. Established in 2002 and headquartered in Ottawa, with an additional office in Tsuen Wan, Hong Kong, the company offers a range of products, including quantum dot enhanced cells and application-specific concentrator cells (ASCC). Furthermore, Cyrium Technologies provides performance optimization and customization services for its cells through the ASCC program, ensuring that clients receive tailored solutions to meet their specific energy needs.

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, established in 2002 and headquartered in Valencia, California, specializes in manufacturing and distributing hydrogen leak detection and process gas measurement products globally. The company offers two primary product lines: HY-OPTIMA for real-time hydrogen monitoring in industrial processes, and HY-ALERTA for safety-focused hydrogen leak detection in various environments. Their patented hydrogen sensing technology is designed to integrate into diverse industries such as electric power grids, petroleum, nuclear power plants, and chemical production facilities. H2scan serves these markets through a network of distributors across North America, Asia, Europe, South America, the Middle East, Australia, and Africa. The company's strategic partnership with WEIDMANN Diagnostic Solutions enhances its product offerings. Originally formed via an MBO with backing from Chrysalix Energy Limited Partnership and Ravinia Venture Fund, H2scan's technology is based on improvements to systems developed by Sandia National Laboratory.

ReliOn

Series C in 2008
ReliOn is a leading company specializing in the development and marketing of modular, cartridge-based proton exchange membrane (PEM) fuel cell technology. It offers a diverse range of stationary fuel cells designed for emergency and backup power, uninterruptible power supplies, and off-grid power applications. ReliOn serves a variety of sectors, including telecommunications, energy, transportation, and government entities. The company has successfully sold and delivered over 1,900 kW of fuel cells both in the United States and internationally, establishing a customer base that includes major telecommunications providers, governmental communication sites, and utility companies. Its products encompass outdoor enclosures and fuel cell systems tailored to meet specific energy needs.

BridgeLux

Series D in 2008
Bridgelux, Inc. is a developer and manufacturer of solid-state lighting technologies headquartered in Fremont, California. Founded in 2002, the company specializes in high-power, energy-efficient light-emitting diode (LED) solutions. Its product portfolio includes LED arrays, chips, subsystems, and surface mounts, catering to various applications such as retail, hospitality, healthcare, and outdoor lighting. Bridgelux aims to replace traditional lighting technologies, like incandescent and fluorescent lamps, with advanced solid-state products that offer enhanced performance and significant energy savings. The company also provides testing, application engineering, and reference design services to support its customers in implementing these technologies. With strategic partnerships with industry leaders, Bridgelux is committed to driving innovation and contributing to global clean energy initiatives.

Purfresh Clean

Series C in 2008
Purfresh Clean specializes in the removal of odors, mold, mildew, bacteria, germs, and viruses from various enclosed environments, including yachts and agricultural products. The company utilizes advanced oxygen-3 (O3) systems that are automated to effectively cleanse these spaces without the need for human intervention. Equipped with special sensors and remote computer control, Purfresh Clean's systems provide comprehensive disinfection by managing O3 levels scientifically and maintaining electronic records through a cloud-based interface. Additionally, Purfresh Clean enhances the transport of fruits and vegetables by using O3 in refrigerated international ocean containers, which helps to extend the shelf life of these perishable goods. The company also focuses on creating controlled atmosphere systems aimed at eliminating harmful pathogens like SARS-CoV-2 from indoor environments, thereby ensuring safety and operational continuity for businesses, schools, and government facilities.

ReliOn

Venture Round in 2008
ReliOn is a leading company specializing in the development and marketing of modular, cartridge-based proton exchange membrane (PEM) fuel cell technology. It offers a diverse range of stationary fuel cells designed for emergency and backup power, uninterruptible power supplies, and off-grid power applications. ReliOn serves a variety of sectors, including telecommunications, energy, transportation, and government entities. The company has successfully sold and delivered over 1,900 kW of fuel cells both in the United States and internationally, establishing a customer base that includes major telecommunications providers, governmental communication sites, and utility companies. Its products encompass outdoor enclosures and fuel cell systems tailored to meet specific energy needs.

Fat Spaniel Technologies

Series B in 2008
Founded in 2003, Fat Spaniel Technologies specializes in monitoring and reporting services for the renewable energy sector. The company serves a diverse clientele, including solar power producers, financiers, system integrators, and an increasing number of wind power companies. Fat Spaniel's solutions are designed to optimize energy output, reduce operational and maintenance costs, manage risk, and enhance return on investment for renewable energy projects. Additionally, the company offers lifecycle management services and features the Fat Spaniel Insight Manager, a web portal that facilitates the creation and sharing of energy data applications.

Akermin

Series A in 2007
Akermin, Inc. is a biocatalyst development company based in St. Louis, Missouri, founded in 2003. The company specializes in innovative solutions for the removal of carbon dioxide (CO2) from industrial gas streams, utilizing biocatalysis and nanotechnology. Akermin has developed proprietary delivery systems that enable the integration of enzymes into traditional chemical absorption processes for effective CO2 removal. In addition to its primary focus on carbon capture, Akermin is also exploring applications of its stabilized enzyme technology in various sectors, including food processing, biofuels, chemicals, and pharmaceuticals. The company aims to commercialize its technology, which originated from research at Saint Louis University, and has demonstrated its capabilities in developing sustainable solutions for a range of industries.

BridgeLux

Series C in 2007
Bridgelux, Inc. is a developer and manufacturer of solid-state lighting technologies headquartered in Fremont, California. Founded in 2002, the company specializes in high-power, energy-efficient light-emitting diode (LED) solutions. Its product portfolio includes LED arrays, chips, subsystems, and surface mounts, catering to various applications such as retail, hospitality, healthcare, and outdoor lighting. Bridgelux aims to replace traditional lighting technologies, like incandescent and fluorescent lamps, with advanced solid-state products that offer enhanced performance and significant energy savings. The company also provides testing, application engineering, and reference design services to support its customers in implementing these technologies. With strategic partnerships with industry leaders, Bridgelux is committed to driving innovation and contributing to global clean energy initiatives.

HydroPoint Data Systems

Series C in 2007
HydroPoint Data Systems, Inc. is a company specializing in smart water management solutions for landscape irrigation. Founded in 2002 and based in Petaluma, California, HydroPoint develops and manufactures a range of electronic equipment designed to optimize water usage. Its flagship product, the WeatherTRAK solution, integrates controllers and cloud-based applications to automate irrigation schedules tailored to specific landscape parameters, effectively reducing water waste associated with over-irrigation. The company’s offerings include WeatherTRAK Controllers, a mobile application, and HydroPoint 360° Smart Water Management, along with various outdoor water management services like site evaluations and irrigation system audits. Additionally, HydroPoint provides hydro analytics services and a cloud-based flow optimization solution, OptiFlow. The company primarily serves sectors such as commercial real estate, hospitality, education, and government agencies, distributing its products through a network of distributors across the United States.

General Fusion

Seed Round in 2007
General Fusion Inc., established in 2002 and headquartered in Burnaby, Canada, specializes in developing commercial Magnetized Target Fusion (MTF), a hybrid fusion method combining magnetic confinement and inertial confinement principles. The company focuses on creating utility-scale fusion power using its patent-pending MTF concept, which has the potential to provide clean, safe, and economical energy. General Fusion develops key subsystems such as plasma injectors, acoustic drivers, and liquid metal vortex compression tests to advance its MTF technology. Backed by a global syndicate of investors, industry leaders, and technology pioneers, General Fusion aims to demonstrate and commercialize its innovative fusion power plants by the end of the decade.

Purfresh Clean

Series B in 2006
Purfresh Clean specializes in the removal of odors, mold, mildew, bacteria, germs, and viruses from various enclosed environments, including yachts and agricultural products. The company utilizes advanced oxygen-3 (O3) systems that are automated to effectively cleanse these spaces without the need for human intervention. Equipped with special sensors and remote computer control, Purfresh Clean's systems provide comprehensive disinfection by managing O3 levels scientifically and maintaining electronic records through a cloud-based interface. Additionally, Purfresh Clean enhances the transport of fruits and vegetables by using O3 in refrigerated international ocean containers, which helps to extend the shelf life of these perishable goods. The company also focuses on creating controlled atmosphere systems aimed at eliminating harmful pathogens like SARS-CoV-2 from indoor environments, thereby ensuring safety and operational continuity for businesses, schools, and government facilities.

Fat Spaniel Technologies

Series A in 2006
Founded in 2003, Fat Spaniel Technologies specializes in monitoring and reporting services for the renewable energy sector. The company serves a diverse clientele, including solar power producers, financiers, system integrators, and an increasing number of wind power companies. Fat Spaniel's solutions are designed to optimize energy output, reduce operational and maintenance costs, manage risk, and enhance return on investment for renewable energy projects. Additionally, the company offers lifecycle management services and features the Fat Spaniel Insight Manager, a web portal that facilitates the creation and sharing of energy data applications.

EnerWorks

Venture Round in 2006
EnerWorks is a North American provider of solar thermal technology, specializing in the development and manufacture of renewable energy appliances for residential, commercial, and industrial markets. The company focuses on solar water heating products, including solar pool heating systems, designed to operate effectively in various climates. EnerWorks is committed to delivering high-quality, reliable, and cost-effective solutions, enabling customers to access environmentally friendly alternatives that provide substantial energy cost savings. By collaborating with local partners, EnerWorks enhances the integration of solar thermal solutions, offering comprehensive services that include the design, installation, commissioning, and maintenance of solar 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. is a Canadian company that specializes in the development and manufacturing of concentrator photovoltaic (CPV) cells tailored for terrestrial solar energy markets and CPV system manufacturers. Established in 2002 and headquartered in Ottawa, with an additional office in Tsuen Wan, Hong Kong, the company offers a range of products, including quantum dot enhanced cells and application-specific concentrator cells (ASCC). Furthermore, Cyrium Technologies provides performance optimization and customization services for its cells through the ASCC program, ensuring that clients receive tailored solutions to meet their specific energy needs.

Day4 Energy

Venture Round in 2005
Day4 Energy, headquartered globally, specializes in developing and delivering advanced photovoltaic (PV) technologies, products, and services for residential, commercial, and utility-scale solar applications. Their patented innovations focus on enhancing the performance of crystalline silicon solar cells through superior electrode technology, enabling them to extend the reach of solar energy worldwide.

Akermin

Series A in 2005
Akermin, Inc. is a biocatalyst development company based in St. Louis, Missouri, founded in 2003. The company specializes in innovative solutions for the removal of carbon dioxide (CO2) from industrial gas streams, utilizing biocatalysis and nanotechnology. Akermin has developed proprietary delivery systems that enable the integration of enzymes into traditional chemical absorption processes for effective CO2 removal. In addition to its primary focus on carbon capture, Akermin is also exploring applications of its stabilized enzyme technology in various sectors, including food processing, biofuels, chemicals, and pharmaceuticals. The company aims to commercialize its technology, which originated from research at Saint Louis University, and has demonstrated its capabilities in developing sustainable solutions for a range of industries.

H2scan

Series B in 2004
H2scan Corporation, established in 2002 and headquartered in Valencia, California, specializes in manufacturing and distributing hydrogen leak detection and process gas measurement products globally. The company offers two primary product lines: HY-OPTIMA for real-time hydrogen monitoring in industrial processes, and HY-ALERTA for safety-focused hydrogen leak detection in various environments. Their patented hydrogen sensing technology is designed to integrate into diverse industries such as electric power grids, petroleum, nuclear power plants, and chemical production facilities. H2scan serves these markets through a network of distributors across North America, Asia, Europe, South America, the Middle East, Australia, and Africa. The company's strategic partnership with WEIDMANN Diagnostic Solutions enhances its product offerings. Originally formed via an MBO with backing from Chrysalix Energy Limited Partnership and Ravinia Venture Fund, H2scan's technology is based on improvements to systems developed by Sandia National Laboratory.

ReliOn

Series B in 2004
ReliOn is a leading company specializing in the development and marketing of modular, cartridge-based proton exchange membrane (PEM) fuel cell technology. It offers a diverse range of stationary fuel cells designed for emergency and backup power, uninterruptible power supplies, and off-grid power applications. ReliOn serves a variety of sectors, including telecommunications, energy, transportation, and government entities. The company has successfully sold and delivered over 1,900 kW of fuel cells both in the United States and internationally, establishing a customer base that includes major telecommunications providers, governmental communication sites, and utility companies. Its products encompass outdoor enclosures and fuel cell systems tailored to meet specific energy needs.

PolyFuel

Series B in 2002
PolyFuel, Inc. is a company that specializes in the design, development, engineering, and manufacturing of portable fuel cells aimed at powering electronic devices. Founded in 1999 and based in Mountain View, California, PolyFuel focuses on creating advanced membranes and systems to address the power limitations faced by portable electronics. Through its innovative approach, the company seeks to enhance the performance and efficiency of fuel cell technology, contributing to the advancement of energy solutions for various electronic applications.

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, established in 2002 and headquartered in Valencia, California, specializes in manufacturing and distributing hydrogen leak detection and process gas measurement products globally. The company offers two primary product lines: HY-OPTIMA for real-time hydrogen monitoring in industrial processes, and HY-ALERTA for safety-focused hydrogen leak detection in various environments. Their patented hydrogen sensing technology is designed to integrate into diverse industries such as electric power grids, petroleum, nuclear power plants, and chemical production facilities. H2scan serves these markets through a network of distributors across North America, Asia, Europe, South America, the Middle East, Australia, and Africa. The company's strategic partnership with WEIDMANN Diagnostic Solutions enhances its product offerings. Originally formed via an MBO with backing from Chrysalix Energy Limited Partnership and Ravinia Venture Fund, H2scan's technology is based on improvements to systems developed by Sandia National Laboratory.

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.