Chrysalis Ventures

Chrysalis Ventures is a Champaign, Illinois–based venture capital firm that invests in early-stage technology and innovation-oriented companies, with particular emphasis on deep technology, advanced engineering, life sciences and university spin-outs. Founded in 1995, the firm provides seed and early growth capital to startups emerging from academic research and entrepreneurial ecosystems, helping founders transition technologies toward commercial viability. Chrysalis partners with management teams by offering strategic guidance, operational support and access to a broader investor network. Its investment focus spans software, hardware, diagnostics, materials science and other high-growth tech sectors. The firm’s activities are primarily concentrated within the United States, often in the Midwest region, and reflect long-term engagement with portfolio companies.