2018 Global Cleantech 100 Names Six Chrysalix Portfolio Companies as Most Promising Innovators in Sustainability
January 22, 2018
Axine Water Technologies, Enbala Power Networks, GaN Systems, GlassPoint Solar, MineSense Technologies and Primus Power recognized as leaders in clean technology innovation
VANCOUVER, British Columbia, January 22, 2018 – Chrysalix Venture Capital, the clean technology focused investment firm that brings disruptive innovation to the world’s largest industries, congratulates six of its portfolio companies that have been named in the 2018 Global Cleantech 100 List. For the past several years, the majority of Chrysalix portfolio companies have received recognition for their ground-breaking work in creating solutions for the world’s clean energy and industrial challenges.
“It gives me great pleasure to see our portfolio companies receive global recognition for their innovative and disruptive work towards making the world’s energy intensive industries more sustainable. It is wonderful to see how most Chrysalix portfolio companies are rapidly scaling up, while combining environmental impact with strong bottom line results,” says Wal van Lierop, President and CEO of Chrysalix.
Chrysalix’s portfolio companies listed among this year’s most innovative and promising technologies contributing towards a sustainable and resource efficient future are: Axine Water Technologies, developers of a low-cost, breakthrough solution for treating toxic organic pollutants in wastewater; MineSense, a pioneer in real-time, sensor-based bulk ore sorting solutions; Enbala Power Networks, the leading Virtual Power Plant (VPP) software vendor; GlassPoint, the leading manufacturer of breakthrough solar steam generators for the oil & gas industry; GaN Systems, the leading developer of gallium nitride power switching semiconductors; and Primus Power, provider of low-cost, long-life and long-duration energy storage systems.
Wal van Lierop further stated, “Chrysalix was founded as an energy focused VC. Historically, every company in our portfolio has had both a major energy component and an aspect of sustainability. Our philosophy is built on the belief there is no contradiction between good energy and good environmental policy. Our investment methodology is based on a tried and tested engagement cycle with corporate Limited Partners, ensuring market-driven opportunity recognition.”
The Global Cleantech 100 is a prestigious peer-reviewed list of the top private companies in clean technology and industrial innovation created since 2009 by Cleantech Group, an international organization that provides market intelligence, events and tailored research services to corporations, investors and others in this innovation ecosystem. Out of more than 12,300 distinct companies that were nominated from 61 countries, the winners are selected through combining data gathered by Cleantech Group all year, with specific inputs and insight from an expert panel of 86 investors and corporations from across the world.
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