Chrysalix Energy Venture Capital Adds Shell, SABIC, Large European Firm as Investors
Posted in Investment on February 24th, 2012 by News Desk –
Vancouver – Chrysalix Energy Venture Capital, a Vancouver-based clean energy venture capital firm, announced it has added SABIC, Royal Dutch Shell, and a large European industrial group as limited partners with its third investment fund.
SABIC is the Saudi Basic Industries Corp., a major manufacturer of chemicals, fertilizers, plastics and metals. Chrysalix said it would identify its new European investor this spring.
Chrysalix, which has about more than $300 million of investment capital under management, provides early-stage financing to companies focused on energy and environmental issues. The firm has offices in Vancouver and Calgary, Amsterdam and Shanghai.
Its investment portfolio includes six companies in Canada, 12 in the U.S., and seven in Europe.
The firm was listed as the most active global cleantech venture capital firm in 2011 by Bloomberg New Energy Finance.
Photo credit: Chrysalix
Chrysalix Energy Venture Capital website
