Verdagy

Clean Hydrogen with Dynamic Electrolyzers

Moss Landing, United States · $98.0M raised

Employees
11–50
Business Model
B2B Hardware/Manufacturing
Total Funding
$98.0M
Last Round
$73.0M Series BAug 2023
Rounds
2

About

Verdagy designs and manufactures dynamic alkaline electrolysis systems for the large-scale production of clean hydrogen and is on track to achieve fossil fuel parity by 2028. Its electrolyzers pair in real time with variable energy sources to serve industrial hydrogen demand in hard-to-abate sectors such as ammonia and fertilizer. The company is backed by investors including Khosla Ventures, Shell Ventures, TDK Ventures, and Yara Growth Ventures.

Summary

Verdagy is a Clean Tech company based in Moss Landing, United States. It has raised $98.0M in total across 2 rounds, most recently a $73.0M Series B round in Aug 2023. Investors include Temasek, Shell and TDK Ventures.

Tech & App Stack

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Funding History

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Series BSeries BAug 2023
$73.0M

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Series A through Series B — per-round amounts, valuations, and who invested in each round.

Investors

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