Chrysalix is a leading investor in market-led solutions for sustainable, resource-efficient, and clean industries. With over 20 years of experience in energy and industrial innovation, the company is dedicated to tackling pressing climate challenges and helping hard-to-abate industries reach their carbon neutrality targets. Chrysalix provides critical early-stage support, beyond investment, to founders to pilot, demonstrate, and scale their breakthrough innovations.

Michael J. Brown

Dr. Wal Van Lierop

Chrysalix

Draft Ventures is a venture fund and venture studio that invests in, incubates, and advises pre-seed and seed stage companies in climate tech and fintech.

Draft Ventures

Rock Yard Ventures is a seed stage VC firm investing in founders redefining core industries. Self-described as focusing on Construction, Supply Chain, Manufacturing, and related sectors.

Rock Yard Ventures

Arviq Capital Partners is a venture capital firm that invests in entrepreneurs focusing on technologies such as artificial intelligence, sustainable energy, Internet of Things, and digital health.

Arviq

Chrysalix is a global venture capital fund with a long history commercializing step-change innovation for resource intensive industries. We invest in intelligent systems, energy technology and resource productivity solutions to deliver outsized financial returns and environmental sustainability.

By teaming up with leading industrial companies and outstanding entrepreneurs, Chrysalix connects market driven problems to breakthrough solutions.

Liquid Light

Agilyx

Angstrom Power

H2Gen Innovations

e14 South LLC dba Purfresh Transport

ReliOn

Brammo

BridgeLux

Day4 Energy

Generac Grid Services

Epyon

Fat Spaniel Technologies

Chrysalix Venture Capital

Portfolio company company DTE reckognized by CBS news as innovation leader, revolutionizing the aluminium industry.

https://lnkd.in/evEXt4Tx

Chrysalix launches a new Incentive Challenge in collaboration with our partner SCG! Help us decarbonize cement production through groundbreaking solutions. Calling all innovators to propose creative pathways to CO2 free intermediates. 

The winning entry will receive up to $250K USD and an opportunity to unlock additional follow-on equity funding exceeding $1M from the Chrysalix Carbon Neutrality Fund. 

Submission Deadline: Jan 31, 2024

https://lnkd.in/eyKx8_Wk

Vacancy: senior account for global venture capital firm, hybrid with office location Vancouver.

 Venture Capital for Industrial innovation.

Chrysalix is a leading early-stage VC specializing in market-driven industrial innovation. We partner with large industrial corporations to define their problems, critical pain points and high potential opportunity areas. Leveraging these insights, we identify step-change startups and create companies to tackle these challenges. Above all, we provide entrepreneurs strategic assistance and help matchmake them to industrial customers and partners so that the startups fulfil their potential.
 
Senior Accountant Role:
 
The Senior Accountant is responsible for the preparation of financial statements, management reports, government return submissions, AR and AP for various corporate entities, Audit and Tax returns. The Senior Accountant oversees the work of the accounting staff.
 
Responsibilities
• Oversees full cycle accounting for all associated companies.
• Manages relationships with Fund administrators.
• Enters and processes cash payments.
• Coordinates investor capital calls and distributions
• Manages Cash Flow and Banking, including tracking all bank accounts balances, oversee banking administration, GIC investments and maturities and submitting weekly cash balances reports to CFO for Treasury.
• Reviews and processes AP and AR invoices, expense reports and payments and follows-up with vendors or customers as required.
• Prepares and submits quarterly instalments and annual Payroll, WCB, GST and Canadian, US and Dutch Corporate tax remittance reports.
• Corresponds to investors’ queries and requests.
• Assists the CFO with the semi-annual investor meeting documents and financial reports.  
• Coordinates annual tax returns for all entities.
• Coordinates the interim and yearend Audits including preparation of Audit Financial Statements and notes and working papers, and liaising with auditors.
• Carries out other duties as required.
 
Qualifications and Skills
• Education: Accounting Program CPA (advanced studies / recently qualified)
• Experience: at least 3 year of full-cycle accounting experience, preferably in the technology industry,
• Excellent analytical and problem solving skills
• Excellent written and oral communication skills
• Proficient with software such as SAGE, Microsoft Word, Excel, Outlook, Dropbox and with the capacity to learn new systems
• Ability to work as part of a team and independently when required
• Ability to manage self with little supervision/instruction
• Good organizational skills, including ability to multi-task and effectively meet deadlines
• Positive work ethic and enthusiastic attitude
 
Email CVs to:​​​careers@chrysalix.com
Deadline for applications: December 8th

Chrysalix Venture Capital Announces Completion of the Acquisition of its Portfolio Company GaN Systems by Infineon
 
 
Chrysalix is pleased to announce the completion of the US$830M “all cash” acquisition of its portfolio company GaN Systems Inc. a fast growing high tech company specialized in gallium nitride (GaN) power semiconductors, by Infineon Technologies AG (FSE: IFX / OTCQX: IFNNY) (“Infineon”) a global semiconductor leader in power systems and IoT. See press release by Infineon here:
https://lnkd.in/eXzTSPXv .  
 
GaN Systems is known for its creation of breakthrough products targeting the growing demand for more efficient power conversion by revolutionizing some of the world’s most economically essential and environmentally impactful industries, including electric vehicles, computers, data centers, renewable energy generation, and industrial motors.
 
"Chrysalix is very happy that GaN Systems has been acquired by a large multinational that can help with the successful scaling of this crucial platform technology so important for the energy transition” said Wal van Lierop, Founding Partner at Chrysalix Venture Capital and a board member of GaN Systems. Chrysalix was the first investor in GaN Systems in 2011, when it identified early the potential for gallium nitride to revolutionize power conversion and its importance for the energy transition. As Chrysalix remained the largest investor in GaN Systems, total return to its fund from this exit is very significant.
 
“We congratulate GaN Systems CEO Jim Witham and his team on this milestone acquisition, and wish Infineon great success with the mass roll-out of this critical technology” added van Lierop. 
GaN Systems was spun out of the federal Canadian Communications Research Centre Canada in 2008 by Girvan Patterson, the former chief executive, and John Roberts, the chief technology officer, who unfortunately passed away in 2021. They credited “great early investors” such as Chrysalix Venture Capital for their crucial support.

Metric
Company Name	Chrysalix	Draft Ventures	Rock Yard Ventures	Arviq
Symbol
MSH ID	COM:CHRYSALIX	COM:DRAFTVC	COM:ROCKYARDVENTURES	DE:ARVIQ
Market	PRIVATE	PRIVATE	PRIVATE	PRIVATE
Sector	Energy	Financial Services & Finance	Financial Services & Finance	Financial Services & Finance
Industry	Energy and Industrial Innovation	Venture Capital	Venture Capital	Venture Capital
Country	CA	US	US	DE
Stage	Venture Round
Employee Count	15
Website	chrysalix.com	draftvc.com	rockyardventures.com	arviq.de
LinkedIn	chrysalix-energy-venture-capital	draft-ventures
Founders

Metric
Market Cap
Enterprise Value
Monthly Web Traffic	408	74
Web Traffic Growth	0.55	-0.61
Valuation
Raised Capital	25M

Metric
Revenue
Revenue (LTM)
Revenue (NTM)
Gross Profit
EBITDA
Operating Income
Net Income
EPS
Diluted EPS
Revenue 2022
Revenue 2023
Revenue 2024
Revenue 2025
Revenue 2026

Metric
Revenue Growth (LTM)
Revenue Growth (NTM)
Gross Profit Growth (LTM)
EBITDA Growth (LTM)
Net Income Growth (LTM)
14-Day Growth Score
28-Day Growth Score
90-Day Growth Score
365-Day Growth Score

Metric
Gross Profit Margin
Operating Profit Margin
EBITDA Margin
Net Profit Margin
Return on Equity
Return on Assets
Return on Capital Employed

COM:CHRYSALIX

Chrysalix

Company Overview

Market Metrics

Financial Performance

Growth Metrics

Profitability Ratios

Valuation Multiples

Operational Metrics

Cash Flow Metrics

Balance Sheet Metrics

Efficiency Metrics

Metric
P/E Ratio
P/B Ratio
Revenue Multiple (LTM)
Revenue Multiple (NTM)
EBITDA Multiple (LTM)
EBITDA Multiple (NTM)
Price to Sales Ratio
EV Multiple

Metric
Days Sales Outstanding
Days Payables Outstanding
Days Inventory Outstanding
Operating Cycle
Cash Conversion Cycle
Asset Turnover

Metric
Operating Cash Flow
Free Cash Flow
Cash Flow to Debt
Operating Cash Flow/Sales
Free Cash Flow Yield

Metric
Cash & Equivalents
Accounts Receivable
Inventory
Goodwill
Debt to Capitalization
Debt to Assets
Current Ratio
Quick Ratio

Metric
Rule of 40 (LTM)
Rule of 40 (NTM)
Stock Comp to Revenue
R&D to Revenue
SG&A to Revenue