Three Chrysalix portfolio companies net over $50 mln in year's first half

Chrysalix Energy Venture Capital announced that three of its Canadian portfolio companies have raised more than US$50 million in follow-on financings during the first half of 2015. The companies were Enbala Power Networks, a provider of distributed energy resource management solutions; GaN Systems, a developer of gallium nitride power switching semiconductors, and; General Fusion, a commercial fusion energy technology platform. Based in Vancouver, Chrysalix is a sustainable innovation and alternative energy venture capital firm. As reported by peHUB Canada in March, the first close of Chrysalix Energy LP IV is expected to occur in mid-2015.

28 May 2015•4 mins read
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