Chrysalix Venture Capital

Chrysalix Venture Capital, established in 2001 and headquartered in Vancouver, Canada, is an early-stage venture capital firm that focuses on industrial innovation. The firm invests in a diverse range of sectors, including clean technology, renewable energy, agriculture, artificial intelligence, data analytics, sensor components, the Internet of Things, robotic systems, blockchain, and advanced materials. Chrysalix connects market-driven challenges with breakthrough solutions, supporting technologies and entrepreneurial teams that address the evolving needs of global industries. The firm provides valuable assistance, leveraging its deep industry and technical expertise, management support, networking opportunities with industrial and financial partners, and management of intellectual property to facilitate access to capital for its clients.

Greg Allen

Venture Partner

Nicholas Andruschak

Associate

Fred van Beuningen

Managing Partner

Charles Haythornthwaite Ph.D

Senior Partner

Joyce Ip

Associate

Allison Johnson

Director of Marketing

Alfred Lam

Partner

Alicia Lenis

Vice President

Wendy Leong

CFO

Dr. Wal van Lierop

Partner

Richard MacKellar

Managing Partner

Daniele Molteni

Associate

Mike Sherman

Managing Partner

85 past transactions

Liminal

Series A in 2023
Feasible, Inc. designs and develops a battery analytics system. The company offers a battery intelligence platform, known as EchoStat, that uses ultrasound waves to detect differentials within one cell, between multiple cells, and between production lines. It also provides a screening and analytics platform that analyses data generated through EchoStat. The company caters to automotive, residential storage, grid storage, and consumer electronics industries. Feasible, Inc. was founded in 2015 and is based in Emeryville, California.

Q5D Technology

Seed Round in 2022
Q5D manufactures tools to automate the production of wiring harness for all industrial sectors.

Novamera

Series A in 2021
Novamera Inc. engages in mining of gold, copper, and other ores by drilling to recover ore from steeply dipping, narrow vein deposits that are considered uneconomic when applying traditional extraction methods. It combines high resolution subsurface imaging and directional drilling in a two-pass process that identifies the physical shape of the vein for drilling. The company is based in Mississauga, Canada with an additional office in Baie Verte, Canada.

Svante

Series D in 2021
Svante specializes in providing innovative solutions for capturing large-scale CO2 emissions from emissions-intensive industries. The company offers a commercially viable method to capture carbon dioxide from existing infrastructure, allowing for either safe storage or recycling for industrial use in a closed loop. Svante's technology stands out by enabling CO2 capture at less than half the capital cost of traditional solutions, making industrial-scale carbon capture both feasible and efficient. The company is supported by a distinguished Board of Directors, including notable figures such as Nobel Laureate Steven Chu and former Airbus Group Chief Technical Officer Jean Botti, which underscores its commitment to advancing carbon capture technologies.

DTE ehf

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

HaiLa Technologies Inc.

Seed Round in 2020
HaiLa uses existing signals such as WIFI, Zigbee and Bluetooth to ride sensor data reducing the energy consumption of sensors by a factor of 1000. The result is a more efficient sensor that requires little to no maintenance.

Novamera

Venture Round in 2020
Novamera Inc. engages in mining of gold, copper, and other ores by drilling to recover ore from steeply dipping, narrow vein deposits that are considered uneconomic when applying traditional extraction methods. It combines high resolution subsurface imaging and directional drilling in a two-pass process that identifies the physical shape of the vein for drilling. The company is based in Mississauga, Canada with an additional office in Baie Verte, Canada.

General Fusion

Series E in 2019
General Fusion Inc. develops commercial Magnetized Target Fusion, a hybrid between magnetic fusion and inertial confinement fusion for transforming energy supply. It also develops scale subsystems, including scale plasma injectors, acoustic drivers, and liquid metal vortex compression tests. The company was founded in 2002 and is based in Burnaby, Canada.

Liminal

Venture Round in 2019
Feasible, Inc. designs and develops a battery analytics system. The company offers a battery intelligence platform, known as EchoStat, that uses ultrasound waves to detect differentials within one cell, between multiple cells, and between production lines. It also provides a screening and analytics platform that analyses data generated through EchoStat. The company caters to automotive, residential storage, grid storage, and consumer electronics industries. Feasible, Inc. was founded in 2015 and is based in Emeryville, California.

MineSense Technologies

Series D in 2018
MineSense Technologies is a developer of a data analytics platform intended to monitor and improve the productivity and recovery of mines. The company's platform provides businesses with real-time, sensor-based sorting of low-grade ore to a level of sensitivity and to identify differences in mineralogy, enabling the mining industry to sort ores easily and enhance mineral planning. MineSense Technologies was founded in 2008 and is headquartered in Vancouver, Canada.

Generac Grid Services

Series B in 2017
Generac Grid Services, formerly known as ENBALA Power Networks Inc., operates a sophisticated energy-balancing platform that utilizes its proprietary Concerto software. This platform captures and aggregates customer loads, energy storage, and renewable energy sources, forming a network of controlled energy resources. By optimizing and dispatching these resources, Generac Grid Services addresses the real-time demands of the power system, providing solutions for utilities, energy service providers, grid operators, and energy consumers. The company, established in 2003 and based in North Vancouver, Canada, specializes in smart grid technology, ancillary services, and energy management, emphasizing a flexible approach to creating controllable and dispatchable energy resources.

Svante

Series B in 2017
Svante specializes in providing innovative solutions for capturing large-scale CO2 emissions from emissions-intensive industries. The company offers a commercially viable method to capture carbon dioxide from existing infrastructure, allowing for either safe storage or recycling for industrial use in a closed loop. Svante's technology stands out by enabling CO2 capture at less than half the capital cost of traditional solutions, making industrial-scale carbon capture both feasible and efficient. The company is supported by a distinguished Board of Directors, including notable figures such as Nobel Laureate Steven Chu and former Airbus Group Chief Technical Officer Jean Botti, which underscores its commitment to advancing carbon capture technologies.

Generac Grid Services

Series B in 2017
Generac Grid Services, formerly known as ENBALA Power Networks Inc., operates a sophisticated energy-balancing platform that utilizes its proprietary Concerto software. This platform captures and aggregates customer loads, energy storage, and renewable energy sources, forming a network of controlled energy resources. By optimizing and dispatching these resources, Generac Grid Services addresses the real-time demands of the power system, providing solutions for utilities, energy service providers, grid operators, and energy consumers. The company, established in 2003 and based in North Vancouver, Canada, specializes in smart grid technology, ancillary services, and energy management, emphasizing a flexible approach to creating controllable and dispatchable energy resources.

MineSense Technologies

Series C in 2017
MineSense Technologies is a developer of a data analytics platform intended to monitor and improve the productivity and recovery of mines. The company's platform provides businesses with real-time, sensor-based sorting of low-grade ore to a level of sensitivity and to identify differences in mineralogy, enabling the mining industry to sort ores easily and enhance mineral planning. MineSense Technologies was founded in 2008 and is headquartered in Vancouver, Canada.

NanoSteel

Venture Round in 2016
NanoSteel is an advanced materials company that specializes in the design and commercialization of innovative steel products with exceptional mechanical properties. Founded in 2002 and headquartered in Providence, Rhode Island, with additional offices in Michigan and Idaho, NanoSteel primarily focuses on developing proprietary alloys for lightweight automotive applications. The company's offerings include nanostructured steel sheets and powders designed for 3D printing and industrial processes, which enable automotive manufacturers to produce lighter vehicles more efficiently and cost-effectively. NanoSteel's products cater to various sectors, including automotive, ground transportation, tooling, and industrial markets, and are supported by over 300 patents globally. The company's advanced high strength steel (AHSS) materials are set to transform steel usage in the automotive industry, providing solutions that align with the growing demands for fuel economy and sustainability.

MineSense Technologies

Series B in 2016
MineSense Technologies is a developer of a data analytics platform intended to monitor and improve the productivity and recovery of mines. The company's platform provides businesses with real-time, sensor-based sorting of low-grade ore to a level of sensitivity and to identify differences in mineralogy, enabling the mining industry to sort ores easily and enhance mineral planning. MineSense Technologies was founded in 2008 and is headquartered in Vancouver, Canada.

Axine Water Technologies

Series B in 2016
Axine Water Technologies is a Vancouver-based developer of wastewater treatment technologies and solutions established by founder and Chief Engineer, Colleen Legzdins. They’re specifically focused on overcoming the complex, expensive, and often ineffective nature of today’s incumbent wastewater systems by developing low-cost, energy-efficient solutions for treating dissolved organic pollutants such as phenols, aromatics, acids, dyes, PHPs, dioxins, and pharmaceuticals that enable industrial and municipal customers to reduce costs and improve performance of their wastewater treatment. Their solutions are based on a proprietary electrolytic oxidation technology that treats high concentrations (up to 5000 mg/L COD) of toxic organics, biodegradable organics, ammonia, pathogens, and some inorganics in a single step without chemicals and without producing sludge.

MineSense Technologies

Convertible Note in 2016
MineSense Technologies is a developer of a data analytics platform intended to monitor and improve the productivity and recovery of mines. The company's platform provides businesses with real-time, sensor-based sorting of low-grade ore to a level of sensitivity and to identify differences in mineralogy, enabling the mining industry to sort ores easily and enhance mineral planning. MineSense Technologies was founded in 2008 and is headquartered in Vancouver, Canada.

Primus Power

Series D in 2015
Primus Power Corporation designs and manufactures electrical energy storage systems. It offers EnergyPod 2, a energy storage system for peak shaving, bulk energy shifting, renewables integration, grid support, and islanding/black start. The company serves commercial and industrial sector, data centers, microgrid, and utility customers. Primus Power Corporation was founded in 2009 and is based in Hayward, California with additional location in New York, New York; Bryanston, South Africa; and Marlow, United Kingdom.

MineSense Technologies

Series B in 2015
MineSense Technologies is a developer of a data analytics platform intended to monitor and improve the productivity and recovery of mines. The company's platform provides businesses with real-time, sensor-based sorting of low-grade ore to a level of sensitivity and to identify differences in mineralogy, enabling the mining industry to sort ores easily and enhance mineral planning. MineSense Technologies was founded in 2008 and is headquartered in Vancouver, Canada.

General Fusion

Venture Round in 2015
General Fusion Inc. develops commercial Magnetized Target Fusion, a hybrid between magnetic fusion and inertial confinement fusion for transforming energy supply. It also develops scale subsystems, including scale plasma injectors, acoustic drivers, and liquid metal vortex compression tests. The company was founded in 2002 and is based in Burnaby, Canada.

GaN Systems

Series C in 2015
GaN Systems Inc., a semiconductor company, develops and manufactures a range of gallium nitride power switching transistors. The company offers 650 V E-HEMT and 100 V E-HEMT transistors and wireless power amplifiers. Its products are used in consumer, enterprise, industrial, solar/wind/smart grid, and transportation power conversion applications. The company serves consumer brand and enterprise equipment manufacturers in Japan, Taiwan, China, and internationally. The company was incorporated in 2008 and is based in Ottawa, Canada with additional offices in Aichi-ken, Japan; Shanghai, China; and München, Germany.

Generac Grid Services

Venture Round in 2015
Generac Grid Services, formerly known as ENBALA Power Networks Inc., operates a sophisticated energy-balancing platform that utilizes its proprietary Concerto software. This platform captures and aggregates customer loads, energy storage, and renewable energy sources, forming a network of controlled energy resources. By optimizing and dispatching these resources, Generac Grid Services addresses the real-time demands of the power system, providing solutions for utilities, energy service providers, grid operators, and energy consumers. The company, established in 2003 and based in North Vancouver, Canada, specializes in smart grid technology, ancillary services, and energy management, emphasizing a flexible approach to creating controllable and dispatchable energy resources.

MineSense Technologies

Series B in 2014
MineSense Technologies is a developer of a data analytics platform intended to monitor and improve the productivity and recovery of mines. The company's platform provides businesses with real-time, sensor-based sorting of low-grade ore to a level of sensitivity and to identify differences in mineralogy, enabling the mining industry to sort ores easily and enhance mineral planning. MineSense Technologies was founded in 2008 and is headquartered in Vancouver, Canada.

Liquid Light

Series B in 2014
Liquid Light Corporation develops and licenses process technology to make chemicals from carbon dioxide (CO2). Its technology is centered on low-energy catalytic electrochemistry to convert CO2 to multi-carbon chemicals. The company is developing process for the production of ethylene glycol. Liquid Light Corporation was incorporated in 2008 and is based in Monmouth Junction, New Jersey. As of January 10, 2017, Liquid Light Corporation operates as a subsidiary of Avantium Technologies B.V..

GlassPoint Solar

Series C in 2014
GlassPoint provides solar steam generators to the oil and gas industry for applications such as Enhanced Oil Recovery. It replaces gas-fired steam generation with solar, GlassPoint can reduce EOR gas consumption by up to 80 percent. The company was founded in 2008 and headquartered in Fremont, California.

Svante

Venture Round in 2014
Svante specializes in providing innovative solutions for capturing large-scale CO2 emissions from emissions-intensive industries. The company offers a commercially viable method to capture carbon dioxide from existing infrastructure, allowing for either safe storage or recycling for industrial use in a closed loop. Svante's technology stands out by enabling CO2 capture at less than half the capital cost of traditional solutions, making industrial-scale carbon capture both feasible and efficient. The company is supported by a distinguished Board of Directors, including notable figures such as Nobel Laureate Steven Chu and former Airbus Group Chief Technical Officer Jean Botti, which underscores its commitment to advancing carbon capture technologies.

General Fusion

Series D in 2014
General Fusion Inc. develops commercial Magnetized Target Fusion, a hybrid between magnetic fusion and inertial confinement fusion for transforming energy supply. It also develops scale subsystems, including scale plasma injectors, acoustic drivers, and liquid metal vortex compression tests. The company was founded in 2002 and is based in Burnaby, Canada.

Axine Water Technologies

Series A in 2014
Axine Water Technologies is a Vancouver-based developer of wastewater treatment technologies and solutions established by founder and Chief Engineer, Colleen Legzdins. They’re specifically focused on overcoming the complex, expensive, and often ineffective nature of today’s incumbent wastewater systems by developing low-cost, energy-efficient solutions for treating dissolved organic pollutants such as phenols, aromatics, acids, dyes, PHPs, dioxins, and pharmaceuticals that enable industrial and municipal customers to reduce costs and improve performance of their wastewater treatment. Their solutions are based on a proprietary electrolytic oxidation technology that treats high concentrations (up to 5000 mg/L COD) of toxic organics, biodegradable organics, ammonia, pathogens, and some inorganics in a single step without chemicals and without producing sludge.

General Fusion

Series C in 2013
General Fusion Inc. develops commercial Magnetized Target Fusion, a hybrid between magnetic fusion and inertial confinement fusion for transforming energy supply. It also develops scale subsystems, including scale plasma injectors, acoustic drivers, and liquid metal vortex compression tests. The company was founded in 2002 and is based in Burnaby, Canada.

Purfresh Clean

Venture Round in 2013
Purfresh, Inc. specializes in developing advanced controlled atmosphere systems and live data tracking solutions for the international transport of perishable goods in refrigerated ocean containers. The company offers ozone-based protection solutions aimed at enhancing the quality of cargo arrivals and provides monitoring software for real-time visibility. Its technology is applicable to a wide range of commodities, including fruits such as avocados, blueberries, and citrus, as well as vegetables and other perishables. Established in 1996 and headquartered in Hayward, California, Purfresh serves a diverse clientele, including growers, ocean carriers, packers, shippers, importers, and exporters across 32 countries. In addition to its core offerings, Purfresh Wine focuses on utilizing ozone technology to improve winemaking quality and address smoke taint issues caused by wildfires, representing a significant challenge for the wine industry. The company's systems also cater to environments requiring sanitation, effectively eliminating harmful pathogens and odors from indoor spaces.

MineSense Technologies

Series A in 2013
MineSense Technologies is a developer of a data analytics platform intended to monitor and improve the productivity and recovery of mines. The company's platform provides businesses with real-time, sensor-based sorting of low-grade ore to a level of sensitivity and to identify differences in mineralogy, enabling the mining industry to sort ores easily and enhance mineral planning. MineSense Technologies was founded in 2008 and is headquartered in Vancouver, Canada.

Generac Grid Services

Venture Round in 2012
Generac Grid Services, formerly known as ENBALA Power Networks Inc., operates a sophisticated energy-balancing platform that utilizes its proprietary Concerto software. This platform captures and aggregates customer loads, energy storage, and renewable energy sources, forming a network of controlled energy resources. By optimizing and dispatching these resources, Generac Grid Services addresses the real-time demands of the power system, providing solutions for utilities, energy service providers, grid operators, and energy consumers. The company, established in 2003 and based in North Vancouver, Canada, specializes in smart grid technology, ancillary services, and energy management, emphasizing a flexible approach to creating controllable and dispatchable energy resources.

GlassPoint Solar

Series B in 2012
GlassPoint provides solar steam generators to the oil and gas industry for applications such as Enhanced Oil Recovery. It replaces gas-fired steam generation with solar, GlassPoint can reduce EOR gas consumption by up to 80 percent. The company was founded in 2008 and headquartered in Fremont, California.

GlassPoint Solar

Venture Round in 2012
GlassPoint provides solar steam generators to the oil and gas industry for applications such as Enhanced Oil Recovery. It replaces gas-fired steam generation with solar, GlassPoint can reduce EOR gas consumption by up to 80 percent. The company was founded in 2008 and headquartered in Fremont, California.

Axine Water Technologies

Seed Round in 2012
Axine Water Technologies is a Vancouver-based developer of wastewater treatment technologies and solutions established by founder and Chief Engineer, Colleen Legzdins. They’re specifically focused on overcoming the complex, expensive, and often ineffective nature of today’s incumbent wastewater systems by developing low-cost, energy-efficient solutions for treating dissolved organic pollutants such as phenols, aromatics, acids, dyes, PHPs, dioxins, and pharmaceuticals that enable industrial and municipal customers to reduce costs and improve performance of their wastewater treatment. Their solutions are based on a proprietary electrolytic oxidation technology that treats high concentrations (up to 5000 mg/L COD) of toxic organics, biodegradable organics, ammonia, pathogens, and some inorganics in a single step without chemicals and without producing sludge.

GaN Systems

Series B in 2012
GaN Systems Inc., a semiconductor company, develops and manufactures a range of gallium nitride power switching transistors. The company offers 650 V E-HEMT and 100 V E-HEMT transistors and wireless power amplifiers. Its products are used in consumer, enterprise, industrial, solar/wind/smart grid, and transportation power conversion applications. The company serves consumer brand and enterprise equipment manufacturers in Japan, Taiwan, China, and internationally. The company was incorporated in 2008 and is based in Ottawa, Canada with additional offices in Aichi-ken, Japan; Shanghai, China; and München, Germany.

Purfresh Clean

Venture Round in 2012
Purfresh, Inc. specializes in developing advanced controlled atmosphere systems and live data tracking solutions for the international transport of perishable goods in refrigerated ocean containers. The company offers ozone-based protection solutions aimed at enhancing the quality of cargo arrivals and provides monitoring software for real-time visibility. Its technology is applicable to a wide range of commodities, including fruits such as avocados, blueberries, and citrus, as well as vegetables and other perishables. Established in 1996 and headquartered in Hayward, California, Purfresh serves a diverse clientele, including growers, ocean carriers, packers, shippers, importers, and exporters across 32 countries. In addition to its core offerings, Purfresh Wine focuses on utilizing ozone technology to improve winemaking quality and address smoke taint issues caused by wildfires, representing a significant challenge for the wine industry. The company's systems also cater to environments requiring sanitation, effectively eliminating harmful pathogens and odors from indoor spaces.

BridgeLux

Series E in 2012
Bridgelux, Inc. develops and manufactures solid-state lighting technologies and solutions, specializing in high-power, energy-efficient LED products. Founded in 2002 and headquartered in Fremont, California, the company offers a diverse range of products, including LED arrays, chips, subsystems, and surface mounts, designed for various applications such as retail, hospitality, healthcare, and outdoor lighting. Bridgelux's solutions enable customers to transition from traditional lighting technologies, like incandescent and fluorescent lamps, to more efficient solid-state lighting alternatives, thus supporting global clean energy initiatives by reducing energy consumption. The company also provides testing, application engineering, and reference design services to enhance customer experience. Bridgelux has established strategic partnerships with industry players such as Kaistar and Epistar to further its innovation in LED technology.

Liquid Light

Series A in 2011
Liquid Light Corporation develops and licenses process technology to make chemicals from carbon dioxide (CO2). Its technology is centered on low-energy catalytic electrochemistry to convert CO2 to multi-carbon chemicals. The company is developing process for the production of ethylene glycol. Liquid Light Corporation was incorporated in 2008 and is based in Monmouth Junction, New Jersey. As of January 10, 2017, Liquid Light Corporation operates as a subsidiary of Avantium Technologies B.V..

Agilyx

Series C in 2011
Agilyx AS specializes in the chemical recycling of post-use plastics, converting difficult-to-recycle plastic waste into valuable products such as new virgin-equivalent plastics, chemical intermediates, and low carbon fuels. The company employs advanced recycling technologies and an intelligent feedstock management system to transform non-recyclable plastics into useful materials, including a liquid derived from styrofoam recycling. This liquid is utilized across various industries, including pharmaceuticals, agriculture, construction, and food packaging. Agilyx serves a diverse clientele, including waste and recycling companies, municipalities, and industrial waste plastic generators. Founded in 2004, Agilyx is headquartered in Tigard, Oregon, and aims to promote a circular economy through its innovative recycling solutions.

GaN Systems

Series A in 2011
GaN Systems Inc., a semiconductor company, develops and manufactures a range of gallium nitride power switching transistors. The company offers 650 V E-HEMT and 100 V E-HEMT transistors and wireless power amplifiers. Its products are used in consumer, enterprise, industrial, solar/wind/smart grid, and transportation power conversion applications. The company serves consumer brand and enterprise equipment manufacturers in Japan, Taiwan, China, and internationally. The company was incorporated in 2008 and is based in Ottawa, Canada with additional offices in Aichi-ken, Japan; Shanghai, China; and München, Germany.

NanoSteel

Series C in 2011
NanoSteel is an advanced materials company that specializes in the design and commercialization of innovative steel products with exceptional mechanical properties. Founded in 2002 and headquartered in Providence, Rhode Island, with additional offices in Michigan and Idaho, NanoSteel primarily focuses on developing proprietary alloys for lightweight automotive applications. The company's offerings include nanostructured steel sheets and powders designed for 3D printing and industrial processes, which enable automotive manufacturers to produce lighter vehicles more efficiently and cost-effectively. NanoSteel's products cater to various sectors, including automotive, ground transportation, tooling, and industrial markets, and are supported by over 300 patents globally. The company's advanced high strength steel (AHSS) materials are set to transform steel usage in the automotive industry, providing solutions that align with the growing demands for fuel economy and sustainability.

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.

Greenangel Energy

Series A in 2011
GreenAngel Energy has developed a new and innovative way to conduct business in the angel investment space. The company invests in early-stage, green energy technology opportunities with strong potential to achieve commercial success within a defined period.

Primus Power

Series B in 2011
Primus Power Corporation designs and manufactures electrical energy storage systems. It offers EnergyPod 2, a energy storage system for peak shaving, bulk energy shifting, renewables integration, grid support, and islanding/black start. The company serves commercial and industrial sector, data centers, microgrid, and utility customers. Primus Power Corporation was founded in 2009 and is based in Hayward, California with additional location in New York, New York; Bryanston, South Africa; and Marlow, United Kingdom.

General Fusion

Series B in 2011
General Fusion Inc. develops commercial Magnetized Target Fusion, a hybrid between magnetic fusion and inertial confinement fusion for transforming energy supply. It also develops scale subsystems, including scale plasma injectors, acoustic drivers, and liquid metal vortex compression tests. The company was founded in 2002 and is based in Burnaby, Canada.

Agilyx

Series B in 2011
Agilyx AS specializes in the chemical recycling of post-use plastics, converting difficult-to-recycle plastic waste into valuable products such as new virgin-equivalent plastics, chemical intermediates, and low carbon fuels. The company employs advanced recycling technologies and an intelligent feedstock management system to transform non-recyclable plastics into useful materials, including a liquid derived from styrofoam recycling. This liquid is utilized across various industries, including pharmaceuticals, agriculture, construction, and food packaging. Agilyx serves a diverse clientele, including waste and recycling companies, municipalities, and industrial waste plastic generators. Founded in 2004, Agilyx is headquartered in Tigard, Oregon, and aims to promote a circular economy through its innovative recycling solutions.

Generac Grid Services

Venture Round in 2010
Generac Grid Services, formerly known as ENBALA Power Networks Inc., operates a sophisticated energy-balancing platform that utilizes its proprietary Concerto software. This platform captures and aggregates customer loads, energy storage, and renewable energy sources, forming a network of controlled energy resources. By optimizing and dispatching these resources, Generac Grid Services addresses the real-time demands of the power system, providing solutions for utilities, energy service providers, grid operators, and energy consumers. The company, established in 2003 and based in North Vancouver, Canada, specializes in smart grid technology, ancillary services, and energy management, emphasizing a flexible approach to creating controllable and dispatchable energy resources.

Brammo

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

Primus Power

Series A in 2010
Primus Power Corporation designs and manufactures electrical energy storage systems. It offers EnergyPod 2, a energy storage system for peak shaving, bulk energy shifting, renewables integration, grid support, and islanding/black start. The company serves commercial and industrial sector, data centers, microgrid, and utility customers. Primus Power Corporation was founded in 2009 and is based in Hayward, California with additional location in New York, 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, Inc. specializes in developing advanced controlled atmosphere systems and live data tracking solutions for the international transport of perishable goods in refrigerated ocean containers. The company offers ozone-based protection solutions aimed at enhancing the quality of cargo arrivals and provides monitoring software for real-time visibility. Its technology is applicable to a wide range of commodities, including fruits such as avocados, blueberries, and citrus, as well as vegetables and other perishables. Established in 1996 and headquartered in Hayward, California, Purfresh serves a diverse clientele, including growers, ocean carriers, packers, shippers, importers, and exporters across 32 countries. In addition to its core offerings, Purfresh Wine focuses on utilizing ozone technology to improve winemaking quality and address smoke taint issues caused by wildfires, representing a significant challenge for the wine industry. The company's systems also cater to environments requiring sanitation, effectively eliminating harmful pathogens and odors from indoor spaces.

Akermin

Series B in 2010
Akermin, Inc., a biocatalyst development company, develops a solution to remove carbon dioxide (CO2) from industrial gas streams using biocatalysis and nanotechnology. The company offers proprietary delivery systems to integrate enzymes into conventional processes for CO2 removal using chemical absorption. Its technology serves a range of industries and markets in the United States. The company was founded in 2003 and is based in St. Louis, Missouri.

BridgeLux

Series D in 2010
Bridgelux, Inc. develops and manufactures solid-state lighting technologies and solutions, specializing in high-power, energy-efficient LED products. Founded in 2002 and headquartered in Fremont, California, the company offers a diverse range of products, including LED arrays, chips, subsystems, and surface mounts, designed for various applications such as retail, hospitality, healthcare, and outdoor lighting. Bridgelux's solutions enable customers to transition from traditional lighting technologies, like incandescent and fluorescent lamps, to more efficient solid-state lighting alternatives, thus supporting global clean energy initiatives by reducing energy consumption. The company also provides testing, application engineering, and reference design services to enhance customer experience. Bridgelux has established strategic partnerships with industry players such as Kaistar and Epistar to further its innovation in LED technology.

NanoSteel

Series B in 2009
NanoSteel is an advanced materials company that specializes in the design and commercialization of innovative steel products with exceptional mechanical properties. Founded in 2002 and headquartered in Providence, Rhode Island, with additional offices in Michigan and Idaho, NanoSteel primarily focuses on developing proprietary alloys for lightweight automotive applications. The company's offerings include nanostructured steel sheets and powders designed for 3D printing and industrial processes, which enable automotive manufacturers to produce lighter vehicles more efficiently and cost-effectively. NanoSteel's products cater to various sectors, including automotive, ground transportation, tooling, and industrial markets, and are supported by over 300 patents globally. The company's advanced high strength steel (AHSS) materials are set to transform steel usage in the automotive industry, providing solutions that align with the growing demands for fuel economy and sustainability.

General Fusion

Series A in 2009
General Fusion Inc. develops commercial Magnetized Target Fusion, a hybrid between magnetic fusion and inertial confinement fusion for transforming energy supply. It also develops scale subsystems, including scale plasma injectors, acoustic drivers, and liquid metal vortex compression tests. The company was founded in 2002 and is based in Burnaby, Canada.

Brammo

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

Cyrium Technologies

Series B in 2008
Cyrium Technologies Inc. specializes in the development and manufacturing of concentrator photovoltaic (CPV) cells for terrestrial solar energy applications. Established in 2002 and headquartered in Ottawa, Canada, 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). Cyrium Technologies also provides optimization and customization services for cell performance through its ASCC program, catering to the needs of CPV system manufacturers and the broader solar energy market.

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 is headquartered in Valencia, California, and was formed September 18, 2002 through an MBO with capital assistance from Vancouver-based Chrysalix Energy Limited Partnership and Ravinia Venture Fund. The company was created upon the purchase of all sensor assets of DCH Sensor Corporation. Ballard Power Systems Inc., Shell Hydrogen, and Duke Energy formed Chrysalix (www.chrysalix.com) in July 2001. This Partnership has since been joined by The BOC Group, BASF Venture Capital, The Mitsubishi Corporation. The fundamental technology of H2scan sensor systems was developed by the U.S. National Laboratory at Sandia. H2scan has significantly improved upon this technology through US patents and manufacturing trade secrets.

ReliOn

Series C in 2008
ReliOn is the world leader in the development and marketing of modular, cartridge-based, proton exchange membrane fuel cell technology. Currently, they are marketing a range of stationary fuel cells for emergency and backup power requirements, uninterruptible power supplies, digital power needs and a variety of off grid power requirements. ReliOn serves private and public entities as diverse as telecommunications, energy, transportation, and government. Their PEM fuel cells are commercially available today. They have sold and delivered more than 1,900kW of fuel cells in the U.S. and abroad, and count among their customers major telecommunications providers, government communication sites and utilities.

BridgeLux

Series D in 2008
Bridgelux, Inc. develops and manufactures solid-state lighting technologies and solutions, specializing in high-power, energy-efficient LED products. Founded in 2002 and headquartered in Fremont, California, the company offers a diverse range of products, including LED arrays, chips, subsystems, and surface mounts, designed for various applications such as retail, hospitality, healthcare, and outdoor lighting. Bridgelux's solutions enable customers to transition from traditional lighting technologies, like incandescent and fluorescent lamps, to more efficient solid-state lighting alternatives, thus supporting global clean energy initiatives by reducing energy consumption. The company also provides testing, application engineering, and reference design services to enhance customer experience. Bridgelux has established strategic partnerships with industry players such as Kaistar and Epistar to further its innovation in LED technology.

Purfresh Clean

Series C in 2008
Purfresh, Inc. specializes in developing advanced controlled atmosphere systems and live data tracking solutions for the international transport of perishable goods in refrigerated ocean containers. The company offers ozone-based protection solutions aimed at enhancing the quality of cargo arrivals and provides monitoring software for real-time visibility. Its technology is applicable to a wide range of commodities, including fruits such as avocados, blueberries, and citrus, as well as vegetables and other perishables. Established in 1996 and headquartered in Hayward, California, Purfresh serves a diverse clientele, including growers, ocean carriers, packers, shippers, importers, and exporters across 32 countries. In addition to its core offerings, Purfresh Wine focuses on utilizing ozone technology to improve winemaking quality and address smoke taint issues caused by wildfires, representing a significant challenge for the wine industry. The company's systems also cater to environments requiring sanitation, effectively eliminating harmful pathogens and odors from indoor spaces.

ReliOn

Venture Round in 2008
ReliOn is the world leader in the development and marketing of modular, cartridge-based, proton exchange membrane fuel cell technology. Currently, they are marketing a range of stationary fuel cells for emergency and backup power requirements, uninterruptible power supplies, digital power needs and a variety of off grid power requirements. ReliOn serves private and public entities as diverse as telecommunications, energy, transportation, and government. Their PEM fuel cells are commercially available today. They have sold and delivered more than 1,900kW of fuel cells in the U.S. and abroad, and count among their customers major telecommunications providers, government communication sites and utilities.

Fat Spaniel Technologies

Series B in 2008
Founded in 2003, Fat Spaniel Technologies is the leading independent provider of critical monitoring and reporting services for the renewable energy industry. Today, the company's solutions are utilized by solar power producers, financiers, system integrators, and OEMs, and growing a growing number of wind power companies. Fat Spaniel solutions help optimize energy output, reduce operations and maintenance costs, contain risk, and increase return on investment for renewable energy power plant projects.

Akermin

Series A in 2007
Akermin, Inc., a biocatalyst development company, develops a solution to remove carbon dioxide (CO2) from industrial gas streams using biocatalysis and nanotechnology. The company offers proprietary delivery systems to integrate enzymes into conventional processes for CO2 removal using chemical absorption. Its technology serves a range of industries and markets in the United States. The company was founded in 2003 and is based in St. Louis, Missouri.

BridgeLux

Series C in 2007
Bridgelux, Inc. develops and manufactures solid-state lighting technologies and solutions, specializing in high-power, energy-efficient LED products. Founded in 2002 and headquartered in Fremont, California, the company offers a diverse range of products, including LED arrays, chips, subsystems, and surface mounts, designed for various applications such as retail, hospitality, healthcare, and outdoor lighting. Bridgelux's solutions enable customers to transition from traditional lighting technologies, like incandescent and fluorescent lamps, to more efficient solid-state lighting alternatives, thus supporting global clean energy initiatives by reducing energy consumption. The company also provides testing, application engineering, and reference design services to enhance customer experience. Bridgelux has established strategic partnerships with industry players such as Kaistar and Epistar to further its innovation in LED technology.

HydroPoint Data Systems

Series C in 2007
HydroPoint Data Systems, Inc. specializes in smart water management technologies for landscape irrigation. Founded in 2002 and based in Petaluma, California, the company offers a range of products, including the WeatherTRAK smart irrigation controllers, which integrate advanced hardware with cloud-based applications to automate irrigation schedules tailored to specific landscape conditions. These solutions aim to improve efficiency and reduce water waste, addressing the significant issue of overwatering in urban landscapes, where irrigation accounts for 58% of water use. HydroPoint also provides various services, such as site evaluations, irrigation system audits, and maintenance plans, alongside hydro analytics services for water agencies and corporations. Their offerings are designed to optimize water usage and include tools like the HydroPoint 360° Smart Water Management sensor and the OptiFlow cloud-based flow optimization solution. HydroPoint serves a diverse clientele, including commercial real estate, hospitality, education sectors, government agencies, and Fortune 1000 companies, marketing its products through distributors across the United States.

General Fusion

Seed Round in 2007
General Fusion Inc. develops commercial Magnetized Target Fusion, a hybrid between magnetic fusion and inertial confinement fusion for transforming energy supply. It also develops scale subsystems, including scale plasma injectors, acoustic drivers, and liquid metal vortex compression tests. The company was founded in 2002 and is based in Burnaby, Canada.

Purfresh Clean

Series B in 2006
Purfresh, Inc. specializes in developing advanced controlled atmosphere systems and live data tracking solutions for the international transport of perishable goods in refrigerated ocean containers. The company offers ozone-based protection solutions aimed at enhancing the quality of cargo arrivals and provides monitoring software for real-time visibility. Its technology is applicable to a wide range of commodities, including fruits such as avocados, blueberries, and citrus, as well as vegetables and other perishables. Established in 1996 and headquartered in Hayward, California, Purfresh serves a diverse clientele, including growers, ocean carriers, packers, shippers, importers, and exporters across 32 countries. In addition to its core offerings, Purfresh Wine focuses on utilizing ozone technology to improve winemaking quality and address smoke taint issues caused by wildfires, representing a significant challenge for the wine industry. The company's systems also cater to environments requiring sanitation, effectively eliminating harmful pathogens and odors from indoor spaces.

Fat Spaniel Technologies

Series A in 2006
Founded in 2003, Fat Spaniel Technologies is the leading independent provider of critical monitoring and reporting services for the renewable energy industry. Today, the company's solutions are utilized by solar power producers, financiers, system integrators, and OEMs, and growing a growing number of wind power companies. Fat Spaniel solutions help optimize energy output, reduce operations and maintenance costs, contain risk, and increase return on investment for renewable energy power plant projects.

EnerWorks

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

Lilliputian Systems

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

Cyrium Technologies

Series B in 2005
Cyrium Technologies Inc. specializes in the development and manufacturing of concentrator photovoltaic (CPV) cells for terrestrial solar energy applications. Established in 2002 and headquartered in Ottawa, Canada, 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). Cyrium Technologies also provides optimization and customization services for cell performance through its ASCC program, catering to the needs of CPV system manufacturers and the broader solar energy market.

Day4 Energy

Venture Round in 2005
Day4 Energy is a growing, global brand delivering innovative photovoltaic (PV) technologies, products, services and manufacturing solutions for the production of solar panels in residential, commercial and utility-scale applications. Based on patented innovations, superior product quality and exceptional in-field performance, Day4 Energy is extending the reach of solar energy. The company is listed on the Toronto Stock Exchange under the symbol “DFE”

Akermin

Series A in 2005
Akermin, Inc., a biocatalyst development company, develops a solution to remove carbon dioxide (CO2) from industrial gas streams using biocatalysis and nanotechnology. The company offers proprietary delivery systems to integrate enzymes into conventional processes for CO2 removal using chemical absorption. Its technology serves a range of industries and markets in the United States. The company was founded in 2003 and is based in St. Louis, Missouri.

H2scan

Series B in 2004
H2scan Corporation is headquartered in Valencia, California, and was formed September 18, 2002 through an MBO with capital assistance from Vancouver-based Chrysalix Energy Limited Partnership and Ravinia Venture Fund. The company was created upon the purchase of all sensor assets of DCH Sensor Corporation. Ballard Power Systems Inc., Shell Hydrogen, and Duke Energy formed Chrysalix (www.chrysalix.com) in July 2001. This Partnership has since been joined by The BOC Group, BASF Venture Capital, The Mitsubishi Corporation. The fundamental technology of H2scan sensor systems was developed by the U.S. National Laboratory at Sandia. H2scan has significantly improved upon this technology through US patents and manufacturing trade secrets.

ReliOn

Series B in 2004
ReliOn is the world leader in the development and marketing of modular, cartridge-based, proton exchange membrane fuel cell technology. Currently, they are marketing a range of stationary fuel cells for emergency and backup power requirements, uninterruptible power supplies, digital power needs and a variety of off grid power requirements. ReliOn serves private and public entities as diverse as telecommunications, energy, transportation, and government. Their PEM fuel cells are commercially available today. They have sold and delivered more than 1,900kW of fuel cells in the U.S. and abroad, and count among their customers major telecommunications providers, government communication sites and utilities.

PolyFuel

Series B in 2002
PolyFuel, Inc. designs, develops, engineers, and manufactures portable fuel cells to create electronic-based devices and products. The company was incorporated in 1999 and is headquartered in Mountain View, California.

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 is headquartered in Valencia, California, and was formed September 18, 2002 through an MBO with capital assistance from Vancouver-based Chrysalix Energy Limited Partnership and Ravinia Venture Fund. The company was created upon the purchase of all sensor assets of DCH Sensor Corporation. Ballard Power Systems Inc., Shell Hydrogen, and Duke Energy formed Chrysalix (www.chrysalix.com) in July 2001. This Partnership has since been joined by The BOC Group, BASF Venture Capital, The Mitsubishi Corporation. The fundamental technology of H2scan sensor systems was developed by the U.S. National Laboratory at Sandia. H2scan has significantly improved upon this technology through US patents and manufacturing trade secrets.

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.