About ChrysaLabs
ChrysaLabs is a company based in Montreal (Canada) founded in 2017 by Gabriel Mangeat, Jacques Michiels, Benjamin De Leener, and Samuel Fournier.. ChrysaLabs has raised $11 million across 1 funding round from investors including Bayer, BDC and TELUS Ventures. ChrysaLabs offers products and services including ChrysaLabs Probe and ChrysaLabs App. ChrysaLabs operates in a competitive market with competitors including Trace Genomics, Stenon, Solum, FungiAlert and Krishitantra, among others.
- Headquarter Montreal, Canada
- Founders Gabriel Mangeat, Jacques Michiels, Benjamin De Leener, Samuel Fournier
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Sectors
Agriculture
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Email
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Phone
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Website
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Social
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- Legal Name Chrysalabs Inc
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$11 M (USD)
in 1 rounds
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Latest Funding Round
$11 M (USD), Series A
May 10, 2023
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Investors
Bayer
& 7 more
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Employee Count
Employee Count
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Products & Services of ChrysaLabs
ChrysaLabs offers a comprehensive portfolio of products and services, including ChrysaLabs Probe and ChrysaLabs App. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Device for 30-second AI-based soil chemical analysis and data collection.
App for viewing, exporting, and analyzing geo-referenced soil data in real-time.
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Funding Insights of ChrysaLabs
ChrysaLabs has successfully raised a total of $11M through 1 strategic funding round. The most recent funding activity was a Series A round of $11 million completed in May 2023. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 1
- Last Round Series A — $11.0M
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First Round
First Round
(10 May 2023)
- Investors Count 8
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2023 | Amount | Series A - ChrysaLabs | Valuation | Bayer , TELUS Ventures |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in ChrysaLabs
ChrysaLabs has secured backing from 8 investors, including institutional and venture fund investors. Prominent investors backing the company include Bayer, BDC and TELUS Ventures. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Investments in multiple sectors are directed by TELUS Ventures.
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Founded Year | Domain | Location | |
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Angel investment network supporting innovative entrepreneurs in Canada.
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Founded Year | Domain | Location | |
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Early-stage AgTech startups are supported through investments.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by ChrysaLabs
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - ChrysaLabs
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Chrysalabs Comparisons
Competitors of ChrysaLabs
ChrysaLabs operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Trace Genomics, Stenon, Solum, FungiAlert and Krishitantra, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Developer of technologies to diagnose soil health and soil-borne disease prediction
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| domain | founded_year | HQ Location |
Sensor-based soil analysis devices for nutrients and temperature are provided.
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| domain | founded_year | HQ Location |
Precision farming hardware and software solutions are developed.
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| domain | founded_year | HQ Location |
Provider of precision soil testing services and soil health management solutions for farmers
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| domain | founded_year | HQ Location |
Platform developing tools for soil testing
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Chrysalabs
Frequently Asked Questions about ChrysaLabs
When was ChrysaLabs founded?
ChrysaLabs was founded in 2017 and raised its 1st funding round 6 years after it was founded.
Where is ChrysaLabs located?
ChrysaLabs is headquartered in Montreal, Canada. It is registered at Montreal, Quebec, Canada.
Who is the current CEO of ChrysaLabs?
Samuel Fournier is the current CEO of ChrysaLabs. They have also founded this company.
Is ChrysaLabs a funded company?
ChrysaLabs is a funded company, having raised a total of $11M across 1 funding round to date. The company's 1st funding round was a Series A of $11M, raised on May 10, 2023.
What does ChrysaLabs do?
ChrysaLabs was founded in 2017 in Montreal, Canada, and operates in the agritech sector. Technology solutions for real-time soil sampling are provided to producers and agronomists through a portable probe. Soil nutrients and health are measured using a patented spectroscopy interface combined with AI-based analysis. Operations focus on enabling on-site data collection to support agricultural decision-making.
Who are the top competitors of ChrysaLabs?
ChrysaLabs's top competitors include Trace Genomics, FungiAlert and Stenon.
What products or services does ChrysaLabs offer?
ChrysaLabs offers ChrysaLabs Probe and ChrysaLabs App.
Who are ChrysaLabs's investors?
ChrysaLabs has 8 investors. Key investors include Bayer, BDC, TELUS Ventures, Anges Québec, and Koan AgTech Fund.