Daniel Gleeson, assistant editor at Mining Journal interviewed Chrysalix EVC’s mining industry adviser and CMIC President John Thompson on the impact of venture capital on uptake of new technology and innovation in an industry.
“The industry’s need for lower costs, decreased energy consumption, and improved productivity will be the major driver for innovation,” he told Mining Journal. " Companies want to maintain their operations in the lower quartile and the leaders will have to be willing to innovate and manage associated risks to achieve this goal.
“The greatest innovation… will occur where automation facilitates enhanced selectivity and signiﬁcant changes in mining costs and eﬃciency,” said Thompson. Read the full story here.
Chrysalix is one of the longest serving sustainable innovation and alternative energy venture capital firms. They deploy breakthrough innovations, engineering and business solutions to large industries in transition: oil and gas, power and utilities, chemicals and materials, mining and metals, automation and manufacturing.
They are proven company builders and matchmakers with deep energy industry expertise. Chrysalix provides early-stage financing, hands-on support and strategic connections to innovation companies developing game-changing technologies that will drive the multi-trillion dollar new energy economy.
With three funds and 14 years of experience, Chrysalix has adapted the traditional venture capital model to successfully tackle resource productivity, industrial process efficiency and sustainable innovation. Their differentiated approach engages closely with large industrials to source transformational external innovation and complement internal R&D programs. The goal is to help large industrials create an advantage through innovation by building a broad portfolio of technology options that can both provide strategic flexibility and move the economic needle, in a way that minimizes cost and risk.
- See more at: http://www.chrysalix.com/about#sthash.3t0y3IKx.dpuf