Updated:
Chrysalix Venture Capital
We increase uptime in mines with advanced analytics that optimize maintenance and extend equipment life. | At Rithmik, we’re providing the world’s most...
Chrysalix Venture Capital
We increase uptime in mines with advanced analytics that optimize maintenance and extend equipment life. | At Rithmik, we’re providing the world’s most advanced and reliable analytics for mobile mining equipment optimization. We’ve delivered real-time onsite results in 4 regions and commodities with a customer-validated ROI of more than US $350k/haul truck/year. We get those results because our approach is different from what anyone else is doing in our space, leveraging proprietary data processing methods, a rapid analytics infrastructure, and an AI approach tailored specifically for mobile.
General information
Firm type
Venture Capital
Year founded
1997
Location
Region
North America
Country
Canada
City
Vancouver, Bc
Corporate office
Vancouver, British Columbia, Canada
Additional offices
Delft, Netherlands
Principals
Wal van Lierop
CEO and Co-Founder
Mike Antonelli
Managing Director
Steve Brown
Chief Financial Officer
Sector focus
Frequently asked questions
Who runs investment decisions at Chrysalix Venture Capital?
Investment decisions are led by CEO and Co-Founder Wal van Lierop, who has guided the firm since its inception in 1997. Managing Director Mike Antonelli oversees deal sourcing and portfolio management. The investment committee includes senior professionals with backgrounds in industrial technology and venture capital.
Which sectors does Chrysalix explicitly avoid?
Chrysalix does not invest in consumer internet, software-as-a-service, healthcare, or financial technology. The firm's mandate is explicitly focused on industrial deep tech — hard-science ventures in energy, materials, water, and advanced manufacturing. It avoids sectors where the competitive dynamic favors rapid consumer adoption rather than capital-intensive industrial deployment.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
Need institutional-grade insight on venture capital firms?
Altss delivers:
Prefer a guided tour?
We’ll walk you through: