Pallasite Ventures

Pallasite Ventures is a venture capital firm based in Chicago, Illinois, with an additional office in Vancouver, Canada. The firm specializes in providing early-stage financing, focusing on mezzanine and seed financing for high-growth companies across various industries. Founded by David Light, Pallasite Ventures aims to support innovative businesses at critical stages of their development, helping to drive growth and foster entrepreneurial success.

Christopher Bissonnette

Managing Partner

Past deals in British Columbia

Ionomr

Series A in 2022
Ionomr Innovations Inc., based in Vancouver, Canada, specializes in the design and manufacture of advanced ion-exchange membranes and ionomer solutions. Founded in 2013, the company focuses on providing innovative materials for various applications, including water treatment and purification, grid-level energy storage, and clean energy generation under the brand Aemion. Ionomr's products are distinguished by their alkaline stability, strength, and versatility, enabling seamless integration into electrochemical systems. By replacing harmful fluorinated chemicals used in traditional materials with environmentally friendly hydrocarbon alternatives, Ionomr aims to enhance performance while reducing pollution at the source. The company is committed to promoting sustainable and resilient systems that support the renewable energy and circular chemical economies, ultimately contributing to the decarbonization of the planet.

Aspect Biosystems

Series A in 2020
Aspect Biosystems Ltd. is a biotechnology company based in Vancouver, Canada, specializing in 3D bioprinting and tissue engineering. Founded in 2013, the company utilizes advanced microfluidics and its proprietary 3D bioprinting platform to create physiologically relevant living tissues, which aids medical research and the development of bioprinted therapeutics. Aspect's technology enables precise control over biomaterial composition and structure during tissue fabrication, and it offers contract testing services utilizing its 3DAirwayALI human tissue model. The company collaborates with pharmaceutical firms and academic institutions to explore pathways in respiratory diseases and is actively developing internal regenerative medicine programs targeting metabolic diseases and musculoskeletal disorders. Through partnerships with industry leaders, Aspect aims to advance the commercialization of bioprinted therapeutics.

Ionomr

Seed Round in 2019
Ionomr Innovations Inc., based in Vancouver, Canada, specializes in the design and manufacture of advanced ion-exchange membranes and ionomer solutions. Founded in 2013, the company focuses on providing innovative materials for various applications, including water treatment and purification, grid-level energy storage, and clean energy generation under the brand Aemion. Ionomr's products are distinguished by their alkaline stability, strength, and versatility, enabling seamless integration into electrochemical systems. By replacing harmful fluorinated chemicals used in traditional materials with environmentally friendly hydrocarbon alternatives, Ionomr aims to enhance performance while reducing pollution at the source. The company is committed to promoting sustainable and resilient systems that support the renewable energy and circular chemical economies, ultimately contributing to the decarbonization of the planet.

CTO.ai

Seed Round in 2019
CTO.ai is a serverless infrastructure designed for the needs of fast moving development teams who want to measure what the business cares about. Our Commands, Pipelines, Services and Insights provide all of the tools you need to easily integrate your GitOps and ChatOps workflows, so that you can workflow smarter, not harder.

Damon Motors

Seed Round in 2019
Damon is unleashing the full potential of personal mobility for the world’s commuters. With its proprietary electric drivetrain, the company has developed the world’s safest, smartest, fully connected electric motorcycle platform employing radical innovations in battery propagation resistance, sensor fusion and AI. Designed as a platform for worldwide line extension, Damon motorcycles will ship direct to consumer on subscription plans to drive scale. Based in Vancouver, Canada, Damon is a Techstars Mobility company founded by serial entrepreneurs Jay Giraud and Dom Kwong. Damon’s investors include Round 13 Capital, Techstars, Fontinalis, Extreme Venture Partners and Pallasite Ventures.

Keela

Seed Round in 2018
Keela provides accessible productive technology for small and medium-sized nonprofit impact organizations. We develop tools for 95% of the nonprofit market underserved by current technological offerings. Our platform helps nonprofits organize and integrate workflows, which saves them time and money. Keela’s tools includes the ability to manage projects, contacts, campaigns, and donations.

Avenue HQ

Seed Round in 2018
We build and maintain the website and digital marketing for your realty business, so you can stay connected with your clients—and attract new ones. As a team of marketers, engineers, and designers, we work together to give REALTORS® something they’ve never had before: The chance to market themselves online, and stand out, supported by the knowledge and tools only a team of experts can provide.

Dooly

Seed Round in 2018
Dooly Research Ltd. is a Canadian company that specializes in developing an artificial intelligence-driven sales enablement platform designed to enhance the efficiency of sales teams. Founded in 2015, the Vancouver-based company offers software that automates the customer relationship management process by capturing, sharing, and organizing essential customer information. The platform facilitates the synchronization of digital notes, fields, and tasks directly with Salesforce, allowing sales and customer success teams to minimize time spent on administrative duties. By streamlining the flow of information from meetings and customer interactions, Dooly enables teams to focus more on closing sales and achieving core business objectives.

Avenue HQ

Seed Round in 2017
We build and maintain the website and digital marketing for your realty business, so you can stay connected with your clients—and attract new ones. As a team of marketers, engineers, and designers, we work together to give REALTORS® something they’ve never had before: The chance to market themselves online, and stand out, supported by the knowledge and tools only a team of experts can provide.

Klue

Seed Round in 2017
B2B SaaS providing market and competitive intelligence. Helps sales, and the teams that enable them, leverage competitive intelligence to win more business. It was founded in 2015 by Jason Smith and Sarathy Naicker and is headquartered in Vancouver, Canada.

Aspect Biosystems

Venture Round in 2017
Aspect Biosystems Ltd. is a biotechnology company based in Vancouver, Canada, specializing in 3D bioprinting and tissue engineering. Founded in 2013, the company utilizes advanced microfluidics and its proprietary 3D bioprinting platform to create physiologically relevant living tissues, which aids medical research and the development of bioprinted therapeutics. Aspect's technology enables precise control over biomaterial composition and structure during tissue fabrication, and it offers contract testing services utilizing its 3DAirwayALI human tissue model. The company collaborates with pharmaceutical firms and academic institutions to explore pathways in respiratory diseases and is actively developing internal regenerative medicine programs targeting metabolic diseases and musculoskeletal disorders. Through partnerships with industry leaders, Aspect aims to advance the commercialization of bioprinted therapeutics.

Damon Motors

Convertible Note in 2017
Damon is unleashing the full potential of personal mobility for the world’s commuters. With its proprietary electric drivetrain, the company has developed the world’s safest, smartest, fully connected electric motorcycle platform employing radical innovations in battery propagation resistance, sensor fusion and AI. Designed as a platform for worldwide line extension, Damon motorcycles will ship direct to consumer on subscription plans to drive scale. Based in Vancouver, Canada, Damon is a Techstars Mobility company founded by serial entrepreneurs Jay Giraud and Dom Kwong. Damon’s investors include Round 13 Capital, Techstars, Fontinalis, Extreme Venture Partners and Pallasite Ventures.

Routific

Seed Round in 2016
Routific, Inc. is a Vancouver-based company that offers a route optimization platform designed to enhance vehicle routing and scheduling for small and medium-sized enterprises both in Canada and globally. The platform focuses on optimizing routes for last-mile delivery fleets, enabling businesses to achieve significant savings in time and fuel, reportedly up to 40%. Leveraging a proprietary algorithm, Routific combines efficiency with a user-friendly experience, positioning itself as a leading solution in the route optimization market. The company has garnered investment from notable entities such as Techstars Chicago, Pallasite Ventures, Firestarter Fund, and Axiom Zen.