Caterpillar, J-Power and South32 joined several existing corporate backers, as the venture firm's RoboValley Fund moves towards a $120m target.
Canada-based venture capital firm Chrysalix Venture Capital has reached a second close for its latest fund, which features corporates Caterpillar, J-Power and South32 among its limited partners.
Chrysalix concentrates on developers of smart technology for physical industries. Its latest fund, RoboValley Fund, will invest in smart and sustainable technology in industries like energy, mining, construction, manufacturing, chemicals and materials, and has a targeted close of $120m.
Construction machinery operator Caterpillar, energy utility J-Power and mining company South32 joined existing LPs…
