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.

Nicholas Andruschak

Vice President

Fred Van Beuningen

Managing Partner

Charles Haythornthwaite

Partner

Gene J.W. Kim

Venture Partner

Alfred Lam

Partner

Alicia Lenis

Vice President

Wendy Leong

CFO

Wal Van Lierop

President and CEO

Past deals in Natural Resources

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.
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.