C
ChrysaLabs
Real-time soil nutrient and health analysis probe
About ChrysaLabs
ChrysaLabs, founded in 2017 by Samuel Fournier, Benjamin De Leener, Gabriel Mangeat, and Jacques Michiels, is a Montréal-based agricultural technology company. The founders' initial experience in the biomedical industry with spectroscopy inspired them to apply this knowledge to the precision agriculture sector. The company operates on a business-to-business model, primarily serving agronomists, agricultural consultants, farm co-ops, and fertilizer retailers. Revenue is generated through an annual subscription model which provides users with unlimited soil sampling.
Read full description
ChrysaLabs has developed a portable probe that provides real-time analysis of soil health and nutrients. This technology combines a patented spectroscopy interface with artificial intelligence to deliver results in under 30 seconds, a significant reduction from the days or weeks required for traditional lab tests. The probe can measure approximately 40 different parameters, including macronutrients (N, P, K), micronutrients, pH, organic matter, and moisture. All data is automatically georeferenced and uploaded to a cloud platform via a mobile app, allowing for the creation of precise fertilization maps. This enables users to make immediate, data-driven decisions about fertilizer application and land management.
The company has expanded its focus to include the carbon verification market, offering a solution to accurately measure soil carbon content, which is crucial for farmers participating in carbon credit programs. ChrysaLabs' technology has been utilized across more than two million acres in seven countries. The company has secured significant funding, including a Series A round of $11 million USD in May 2023, with investors like Leaps by Bayer, TELUS Ventures, and BDC Capital.
At a glance
- Status
- Operational
- Founded
- 2017
- Headquarters
- Montreal, Canada
- Employees
- 46
- Open positions
- 2
- Dealroom signal
- 58.7/100
- Industry
- Food, Robotics
- Sub-industry
- AgriTech
- Sector
- Robotics, Spinout, Sustainable Development Goals, Climate Tech, Hard Tech, DT and LS, science-based
- Technology
- Deep Tech
- Business model
- Manufacturing
- Client focus
- b2b
Latest news
Press, funding announcements and product moves mentioning ChrysaLabs.
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| SERIES A✓Equity / VC | May 2023 | $11M | $44M | AQC Capital · Anges Quebec · Ecofuel · Emmertech Venture Capital | ↗ |
| CONVERTIBLE✓Equity / VC | Sep 2022 | $2.8M | — | Undisclosed | — |
Growth signals
Latest recorded traffic for ChrysaLabs is 4.2K monthly website visits, down 50.6% over the last three months. ChrysaLabs's team declined 6.1% over the past year.
Similar companies
Company identity and context are open; selected comparison metrics preview what is available on the platform.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Seed1 investor entered at this stage
Cycle Momentum
Series A7 investors entered at this stage
Leaps by Bayer
BDC Capital
Telus Ventures
AQC Capital
Ecofuel
Emmertech Venture Capital
Koan Capital
Series B and later2 investors entered at this stage
Anges Quebec
Ecofuel Fund
Other known investors5 additional known investors
Polytechnic School of Montreal
Creative Destruction Lab
Esplanade Québec
Propolys
Western Growers Center for Innovation Technology
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
An AI-synthesised read of the highest-engagement posts about ChrysaLabs on X, ranked by likes and reposts, corporate channels excluded.
Reading the room on X — pulling top posts and synthesizing themes…
Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
See ChrysaLabs’s full profile on Dealroom
Request a free trial to see the complete deal history, financials, people graph and growth signals.
Takes under a minute. Already use Dealroom? Log in.