Richard MacKellar

Managing Director

 

Richard joined Chrysalix in 2007. He is a director of Chrysalix’ LED related investments, Bridgelux and Light Based Technologies. Richard is a serial entrepreneur who has worked with Chrysalix team members for the past decade.

 

As an engineer he started his career with NEI Parsons, a division of Rolls Royce that designed steam turbines and generators for power generation. He worked on Drax, the largest coal fired power station in Europe and Bruce, the largest nuclear generating station in the world. He continued working for Rolls Royce in Canada, supplying power equipment to the electric utility industry.

 

For the past sixteen years Richard has been running venture-backed startup companies. Most recently, as President and CEO, he successfully sold LED display technology company BrightSide Technologies to Dolby Laboratories for annualized returns of 45-60%. Prior to this he was President and CEO of NxtPhase, where he raised $57 million in venture capital financing. He grew the company from two to 100 people and built relationships with GE, Honeywell and Mitsubishi as well as Canada’s three largest utilities and three of the larger US utilities.

 

Richard holds a Metallurgy Degree from Sheffield University and an MBA from Harvard Business School.