Like those of DAR and the RoboValley, the fund’s goal is grand. In a press release the organizations say that they will make investments “aimed at driving the global robotics revolution.”
Chrysalix Venture Capital was ranked by BNEF the most active industrial innovation and alternative energy venture capital firm in the world. Created 14 years ago, the firm provides venture capital to disruptive technologies that will support the new energy economy. The RoboValley Fund will draw on the expertise and networks of both Chrysalix and RoboValley to “identify, invest in and commercialize breakthrough robotics technologies.”
“Global technology in robotics is advancing very quickly yet today there is no international pure- play venture capital fund focused on robotics and so closely aligned with a robotics ecosystem. Many breakthrough technologies are stranded in universities and national labs with insufficient early-stage funding available to help them commercialize and scale,” said Mike Sherman, Managing Partner of the RoboValley Fund. “RoboValley and Delft University of Technology have an outstanding reputation for being on the cutting edge of modern robotics research and development, with exclusive access to emerging technologies as well as leading professors and industry experts world-wide, and we are pleased to be partnered with them on this new fund.”
“Robotics is predicted to be the next big step in the digital revolution having an unprecedented impact on the way that we live, and provides an answer to some of the grand challenges of the 21st Century,” said Arie van den Ende, Managing Director, RoboValley. “Together with Chrysalix long- standing expertise in commercializing early stage industrial innovations, the RoboValley Fund will bring much needed capital and accelerated paths to market for our most promising next generation robotics technologies.”
The recent partnership demonstrates the Delft regions commitment to supporting the robotics industry – with the University and the RoboValley as a focal point, the area continues to build upon their framework of innovation, moving towards their ambitious goals of becoming a world center for robotics.
Miriam McNabb is the Editor-in-Chief of DRONELIFE and CEO of JobForDrones, a professional drone services marketplace, and a fascinated observer of the emerging drone industry and the regulatory environment for drones. Miriam has penned over 3,000 articles focused on the commercial drone space and is an international speaker and recognized figure in the industry. Miriam has a degree from the University of Chicago and over 20 years of experience in high tech sales and marketing for new technologies.
For drone industry consulting or writing, Email Miriam.
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