Means more jobs, opportunities & global industry contacts for the Region
CALGARY, AB – Today, Chrysalix Venture Capital, the world’s most active cleantech venture capital firm in 2010 according to the Cleantech Group, has announced the opening of its new Calgary office focused on bringing early-stage financing, hands-on assistance, and strategic connections to game-changing, Alberta-based companies creating solutions for the new energy economy.
“Alberta is a leading energy centre with significant opportunities and a supportive government,” said James Chepyha, Chrysalix’s VP of Investments, Alberta. “It’s a logical region for us to focus on, and includes several of our existing industrial and financial blue-chip Limited Partners.”
James will lead a team focused on early-stage investments in the Province including new technologies that improve energy efficiencies and the environmental impact of conventional and unconventional energy production. Additional cleantech sectors where the Province has an advantage will also be a focus. Beyond funding local entrepreneurs, the team will extend the Firm’s proven role as a successful intermediary between small-company innovation and large industry leaders to help see clean energy innovations through to market.
“As a Chrysalix Limited Partner, Total has witnessed the organization’s continued dedication to the cleantech industry. Their technical team in the oil and gas and energy industries makes the company a smart choice for the Alberta cleantech entrepreneur,” said Jean-Michel Gires, CEO, Total E&P Canada.
In partnership with The Alberta Enterprise Corporation, a Limited Partner of Chrysalix’s CELP III Fund, Chrysalix will focus on ensuring cleantech venture capital is available and present in the Province.
“In addition to their access to capital, Chrysalix brings valuable operating experience and industry contacts to Alberta start-ups,” said Rod Charko, CEO, Alberta Enterprise Corp. “We expect Chrysalix to guide Alberta’s best and brightest cleantech start-ups to the global market. We look forward to working with James and his team.”
About Chrysalix Venture Capital
Chrysalix is a venture capital firm investing in technologies that will drive the new energy economy. The Firm provides early-stage financing, hands-on assistance, and strategic connections to innovative companies confronting the world’s most important energy and environmental issues. In the past few years, the Firm has consistently ranked among the top most active clean energy technology venture capital firms in the world and in 2010, was listed as the most active cleantech VC by the Cleantech Group. The Chrysalix team has an exceptional track record in this emerging industry. Collectively, it has over 120 years of experience in the energy industry and over 120 years in the venture capital business. The Firm is backed by a strong group of international blue-chip industrial and financial Limited Partners, and is headquartered in Vancouver, British Columbia. In total, Chrysalix has approximately $300M in assets under management. For more information, please visit http://www.chrysalix.com.
Magnolia Marketing Communications