# Richard MacKellar

> Richard MacKellar is a Series B investor at Chrysalix Venture Capital backing Analytics. See 7 investments, check sizes, portfolio. Updated Aug 2026.

- Type: Angel Investor
- Fund: [Chrysalix Venture Capital](https://shizune.co/investors/profile/chrysalix-energy)
- Location: Vancouver, Canada
- Total investments: 7
- Last investment: Dec 2022
- Lead investor: 29%
- Last updated: Aug 2026
- LinkedIn: http://www.linkedin.com/pub/richard-mackellar/0/a78/480

Richard MacKellar is a Series B investor at Chrysalix Venture Capital in Vancouver focused on Analytics and Industrial. As an engineer, Mr. MacKellar started his career with NEI Parsons, a division of Rolls Royce that designed turbines and generators for power generation. For the past sixteen years, Mr. MacKellar has been running venture backed startup companies. Most recently, as President and CEO, he successfully sold BrightSide Technologies to DolbyLaboratories for an annualized return for investors of 45-60%. Prior to this, he was President/CEO of NxtPhase, raising $57 million in venture capital and building relationships with GE, Honeywell and Mitsubishi as well as the three largest Canadian utilities and three of the larger U.S. utilities. Mr. MacKellar holds a metallurgy degree from Sheffield University and an MBA from Harvard Business School.

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Analytics | 2 | 29% |
| Industrial | 2 | 29% |
| Solar | 1 | 14% |
| Energy | 1 | 14% |
| Mining | 1 | 14% |

15 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Series B | 2 | 29% |
| Series C | 2 | 29% |
| Series A | 1 | 14% |
| Series E | 1 | 14% |
| Funding Round | 1 | 14% |

### Country

| Country | Investments | Share |
| --- | --- | --- |
| United States | 2 | 29% |
| Canada | 1 | 14% |
| Iceland | 1 | 14% |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| MineSense Technologies | MineSense Technologies is a developer of a data analytics platform intended to monitor and improve the productivity and recovery of mines. The company's platform provides businesses with real-time, sensor-based sorting of low-grade ore to a level of sensitivity and to identify differences in mineralogy, enabling the mining industry to sortores easily and enhance mineral planning.MineSense Technologies was founded in 2008 and is headquartered in Vancouver, Canada. | $42M | Series E | Dec 07, 2022 |  |
| DTE ehf | DTE introduces breakthrough real-time process control analytics for metals production and processing towards Industry 4.0, through our robotic hardware and software solutions, automating current manual sampling processes for improved quality, cost, efficiency and safety. | $5.5M | Series A | Sep 04, 2020 |  |
| NanoSteel | NanoSteel is an advanced materials company specializing in the design and commercialization of patented steels with exceptional mechanical properties derived from their nano-scale microstructure. The Company's primary focus is proprietary alloys for use as sheet steel in automotive light-weighting applications. It has developed multiplegenerations of ferrous materials innovations including metallic coatings, additive manufacturing powders, and sheet steel protected by over 300 patents filed and granted worldwide. NanoSteel’s nanostructured steel designs are providing next-generation performance across a wide range of global industrial markets. The company alloys are proven in oil & gas, mining, cement, concrete, and power industries. The recent advanced high strength steel (AHSS) sheet material is poised to redefine how steel is used in the automotive industry. | $2.5M |  | Nov 14, 2016 |  |
| MineSense Technologies | MineSense Technologies is a developer of a data analytics platform intended to monitor and improve the productivity and recovery of mines. The company's platform provides businesses with real-time, sensor-based sorting of low-grade ore to a level of sensitivity and to identify differences in mineralogy, enabling the mining industry to sortores easily and enhance mineral planning.MineSense Technologies was founded in 2008 and is headquartered in Vancouver, Canada. | $5.7M | Series B | Jun 03, 2015 |  |
| GlassPoint Solar | GlassPoint provides solar steam generators to the oil and gas industry for applications such as Enhanced Oil Recovery. It replaces gas-fired steam generation with solar, GlassPoint can reduce EOR gas consumption by up to 80 percent. The company was founded in 2008 and headquartered in Fremont, California. | $53M | Series C | Sep 08, 2014 |  |
| GlassPoint Solar | GlassPoint provides solar steam generators to the oil and gas industry for applications such as Enhanced Oil Recovery. It replaces gas-fired steam generation with solar, GlassPoint can reduce EOR gas consumption by up to 80 percent. The company was founded in 2008 and headquartered in Fremont, California. | $26M | Series B | Dec 11, 2012 |  |
| NanoSteel | NanoSteel is an advanced materials company specializing in the design and commercialization of patented steels with exceptional mechanical properties derived from their nano-scale microstructure. The Company's primary focus is proprietary alloys for use as sheet steel in automotive light-weighting applications. It has developed multiplegenerations of ferrous materials innovations including metallic coatings, additive manufacturing powders, and sheet steel protected by over 300 patents filed and granted worldwide. NanoSteel’s nanostructured steel designs are providing next-generation performance across a wide range of global industrial markets. The company alloys are proven in oil & gas, mining, cement, concrete, and power industries. The recent advanced high strength steel (AHSS) sheet material is poised to redefine how steel is used in the automotive industry. | $17M | Series C | Oct 18, 2011 |  |

7 of 7 investments shown.

## Co-investors
- [Cycad Group](https://shizune.co/investors/profile/cycad-group) — VC Fund, 2 deals together
- [Cycle Capital](https://shizune.co/investors/profile/cycle-capital) — VC Fund, 2 deals together
- [EnerTech Capital](https://shizune.co/investors/profile/enertech-capital) — VC Fund, 2 deals together
- [Fairhaven Capital Partners](https://shizune.co/investors/profile/fairhaven-capital-partners) — VC Fund, 2 deals together
- [J.P. Morgan Asset Management](https://shizune.co/investors/profile/j-p-morgan-asset-management) — VC Fund, 2 deals together
- [Nth Power](https://shizune.co/investors/profile/nth-power) — VC Fund, 2 deals together

## About Chrysalix Venture Capital

VC Fund · Vancouver, Canada

Chrysalix is an early-stage industrial innovation venture capital firm that connects market-driven problems to breakthrough solutions.It invests in and supports compelling technologies and entrepreneurial management teams that address the changing demands of the global industry and actively work with their clients and support them with deepindustry and technical knowledge, management and board assistance, organized networking with industrial and financial partners, management of intellectual property, and direct access to capital.In 2001, Wal van Lierop established the firm in Vancouver, British Columbia.

5 contacts available at Chrysalix Venture Capital.

| Name | Title | Profile |
| --- | --- | --- |
| Alfred Lam | Partner | https://shizune.co/investors/profile/alfred-lam |
| Charles Haythornthwaite | Partner | https://shizune.co/investors/profile/charles-haythornthwaite |
| Fred van Beuningen | Managing Partner | https://shizune.co/investors/profile/fred-van-beuningen |
| Dr. Wal Van Lierop | President & CEO | https://shizune.co/investors/profile/wal-van-lierop |
| Richard MacKellar | Managing Director | https://shizune.co/investors/profile/richard-mackellar |

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## FAQ

### What does Richard MacKellar invest in?

Richard MacKellar invests primarily in Analytics, Industrial and Solar startups, most often at Series B and Series C stage. Most of the 7 investments tracked by Shizune back companies in United States. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### When did Richard MacKellar last invest?

The most recent investment recorded for Richard MacKellar closed in Dec 2022. Shizune tracks 7 investments in total for this profile, including round sizes, stages and portfolio companies, all sourced from confirmed public funding rounds and refreshed monthly.

### Is Shizune's investor data accurate?

Yes — every stat on this profile is calculated from confirmed public funding rounds monitored across hundreds of sources since 2020. This profile was last refreshed in Aug 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

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