Health · MedTech · Life Sciences

Building transformational
health ventures that
change lives

Chrysalis is a specialist strategy and commercialisation partner for high-growth health, medtech and life sciences ventures across Australia and Asia.

Discover our approach
About

Not a consultancy.
A venture partner.

Chrysalis has evolved from a strategy consultancy into a boutique venture partner dedicated to health, medtech and life sciences. We partner deeply with a select portfolio of 4–6 ventures at any given time — co-founding companies from concept through to commercialisation, or acquiring and transforming established businesses through a disciplined buy-and-build strategy.

We bring strategic management, clinical validation, and access to capital under one roof. Our team has deep domain expertise across health, finance, and operations — and we deploy it with a founder's conviction, not a consultant's detachment.

200+
Clients served since 2016
50+
Years combined deep sector experience
4–6
Active ventures at any time
10
Years of building in health
Our Approach

Three integrated capabilities,
one partner.

01

Strategic Management & Commercialisation

End-to-end strategic leadership across innovation, product development, growth strategy, organisation and operating model design, IP and risk management, and operational systems. We don't advise from the sidelines — we operate.

02

Clinical Validation

Specialist clinical advisory to de-risk health and medtech assets. Research governance, clinical trial protocols, KOL engagement, and scientific advisory to build the evidence base that underpins value.

03

Access to Capital

Proprietary deal flow and impact-driven investment from seed through to growth stages. We invest our own capital alongside co-investors with a buy-and-build thesis.

Select Ventures

Partnering with exceptional founders
and assets.

We partner across the full lifecycle — from co-founding through to acquisition — bringing deep capability to de-risk assets and drive them to strategic value inflection points.

Co-Founded · Medical Devices

Eudaemon Technologies

Co-founded, led and de-risked a Gates Foundation funded opportunity. Raised $17m in capital to de-risk product, IP and manufacturing development and deliver successful pilot clinical trials. Now targeting significant clinical and commercial milestones for long-term value creation.

Stage: Clinical
Acquired · Life Sciences Services

Enersol

Originated and managed acquisition of a 30+ year profitable business. Executing a buy-and-build strategy to transform the business into a scaled platform with multiples of its original revenue.

Stage: Value Growth
Life Sciences Services · Ophthalmology

Cerulea Clinical Trials

Conceptualised, originated, and transacted a $10m deal to establish a fast-growing ophthalmology clinical trials business. A wholly owned subsidiary of the Centre for Eye Research Australia (CERA).

Stage: Scale
Precision Medicine · AI Diagnostics

DermR Health

A biopsy-free skin cancer diagnostic platform. The DermR® Patch painlessly extracts live skin cells via microneedle, paired with a proprietary genetic test delivering ~99% sensitivity and ~96% specificity — on a mission to replace 1 billion avoidable biopsies.

Stage: Pre-Clinical
Medical Devices · Cardiology

LevTech Life Sciences

Pioneering next-generation polymeric heart valves designed to outlast current options and eliminate lifelong anticoagulant therapy. Backed by NSW Government funding with deep academic ties to the University of Sydney.

Stage: Pre-Clinical
Target Sectors

Investing in the future of healthcare.

Precision Medicine & AI Diagnostics

Molecular diagnostics, genetic testing, AI-enabled clinical decision support and software as a medical device.

Medical Devices

Novel implants, point-of-care diagnostics, smart surgical instruments and connected wearable technologies.

Advanced Materials & Regenerative Medicine

Polymeric biomaterials, tissue engineering, advanced wound care and regenerative therapies.

Life Sciences Services

Clinical trials, contract research, laboratory services, and medtech services spanning equipment manufacture, calibration, testing and regulatory compliance.

Let's build something
that matters.

If you're a founder, researcher, or operator with a transformational health asset — we'd like to hear from you.