Over half of Chrysalix's clean-tech portfolio gets follow-on funding in past year
Chrysalix Energy Venture Capital has reported that more than half of its clean-tech portfolio received follow-on financing since Feb. 2013. The companies, which Chrysalix said will "directly propel breakthroughs" in innovations for oil and gas, electric power and utilities, chemicals and materials, and mining and metals include: Axine Water Technologies Inc, a developer of wastewater treatment solutions; General Fusion Inc, a specialist in magnetized target fusion technology; and Glasspoint Solar Inc, a manufacturer of solar steam generators. Wal van Lierop, CEO and co-founder of the Vancouver-based Chrysalix was last month interviewed by VCJ senior editor Joanna Glasner about the firm's fourth fund, targeted to raise between US$150 million to US$250 million.
