Chrysalix Venture Capital's RoboValley fund has secured Mitsubishi Corporation, Severstal, Teck Resources and Petronas as LPs as it aims for a $120m final close.
Canada-based venture capital firm Chrysalix Venture Capital has reached the first close of a fund with a $120m target, having secured capital from several corporates.
Diversified trading group Mitsubishi Corporation, steel producer Severstal, mining company Teck Resources, petroleum supplier Petronas and an unnamed mobility company were among the limited partners for Chrysalix RoboValley Fund.
The corporates were joined by property investment firm Golden Properties and Mistletoe Venture Partners International, the VC arm of technology and startup hub Misteltoe, as well…
