Cleantech Group Names Chrysalix Portfolio Companies Sortera Alloys, Svante Inc., And GaN Systems 2023 Cleantech 100 Companies

Chrysalix Venture Capital, a global technology venture capital firm that specializes in transformational industrial innovation and cleantech, congratulates three of its portfolio companies that have been named on the 2023 Global Cleantech 100 among the leading companies in cleantech today, and the best positioned to help us build a more de-carbonized and resource-efficient industrial future. Chrysalix is one of the top independent VCs for cleantech investments and for more than a decade, many of our portfolio companies have been recognized by Cleantech Group for their ground-breaking work in intelligent systems and industrial innovation for resource intensive industries. Just in 2022, Chrysalix was involved in almost $400 million of new capital raises for our portfolio companies.

“We congratulate our portfolio companies Sortera Alloys, developers of an intelligent sorting system for the upcycling of mixed metal scrap (e.g., Aluminum) into circular, low carbon end products for domestic manufacturing; Svante, a carbontech company with solutions that offer heavy emitting, hard-to-decarbonize industries a commercially viable way to capture and remove CO2 directly from industrial sources at less than half the capital cost of existing carbon removal solutions; and GaN Systems, the leader in Gallium Nitride (GaN) power transistors, for being recognized on the 2023 Global Cleantech 100,” said Fred van Beuningen, Managing Partner at Chrysalix Venture Capital. “Each of them is recognized for their innovative solutions for sustainability. Be it carbon as a resource, electrification or bringing materials in circular loops, these companies had the foresight to develop technologies supporting the energy and materials transitions.”

The Global Cleantech 100 a list of the innovative companies ready to take us from commitment to action in our global struggle to reach net zero. The list is created by pulling together thousands of data-points from all over the world with the aim of identifying the most promising ideas in cleantech – the ones best positioned to help us build a more digitized, de-carbonized and resource-efficient industrial future.