# Chrysalix Venture Capital

Chrysalix Venture Capital is a Venture Capital based in Vancouver, Bc, Canada.

## Overview

- **Organization type:** Venture Capital
- **Headquarters:** Vancouver, Bc, Canada
- **Region:** North America
- **Address:** Vancouver, British Columbia, Canada
- **Founded:** 1997
- **Assets under management:** Undisclosed
- **Website:** chrysalix.com

## Regulatory record

- **CRD number:** 159843
- **SEC file number:** 802-74580
- **Registration status:** Registered
- **Reports private funds:** Yes
- **IAPD record:** https://adviserinfo.sec.gov/firm/summary/159843

## About

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.

## Sectors

- ClimateTech
- Energy Transition & Renewables
- Industrial Tech
- AI/ML
- Robotics & Automation

## Offices

- Delft, Netherlands

## People

- Wal van Lierop — CEO and Co-Founder
- Mike Antonelli — Managing Director
- Steve Brown — Chief Financial Officer

## 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.

## Related profiles

- [Patriot Financial Manager, L.P.](https://altss.com/profile/patriot-financial-manager-lp)
- [III Financial, LLC](https://altss.com/profile/iii-financial-llc)

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Last updated: 2026-06-03T20:00:00.000Z

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