Chrysalix RoboValley Fund makes Feasible its debut investment

Chrysalix Venture Capital, a Canadian industrial innovation venture capital firm, has invested in Feasible, an Emeryville, California-based battery analytics platform company. Terms weren't disclosed. The investment is the first made by Chrysalix RoboValley Fund. Founded in 2015, Feasible is the developer of EchoStat, which uses sound waves to provide real-time analytics and insights for solving challenges in battery design, manufacturing and product management. Chrysalix RoboValley Fund was launched in 2018 with a target of US$120 million ($158 million). It invests in early-stage intelligent systems companies focused on improving productivity and critical business processes.

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