Latest round

Series B

Last raised

Aug 2023

Total raised

$98M

Investors

14

About Verdagy

, a spun out from Chemetry, operates as a developer of a proprietary technology, designed to produce utility-scale green hydrogen by using water and renewable energy as raw materials. In August 2023, Verdagy, Inc. Verdagy, Inc. engages in the production of green hydrogen using proprietary Verdagy Water Electrolysis (VWE) technology, which is a combination of traditional Alkaline water electrolysis (AWE), and Proton Exchange Membrane (PEM) water electrolysis. The company utilizes water and renewable energy sources for the production process, and hence no harmful by-products are being generated, and the firm’s technology is capable to produce utility-scale green hydrogen at the lowest production costs while minimizing the upfront project costs. Verdagy, Inc.

Who invested in Verdagy

14 investors across 2 rounds

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Funding rounds

  1. Series B

    Aug 8, 2023

    Amount

    $73M

    Investors

    Locked

  2. Series A

    Dec 7, 2021

    Amount

    $25M

    Investors

    Locked

Questions about Verdagy

Who invested in Verdagy?

Verdagy has 14 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Verdagy raised?

Verdagy has raised 2 venture rounds. Sign up free to see how much each round raised and the total.

When did Verdagy last raise money?

Verdagy's most recent round on record is a Series B, in Aug 2023.

What does Verdagy do?

, a spun out from Chemetry, operates as a developer of a proprietary technology, designed to produce utility-scale green hydrogen by using water and renewable energy as raw materials.

Where is Verdagy headquartered?

Verdagy is headquartered in US.

Which VCs invest in companies like Verdagy?

Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back renewable energy companies at Verdagy's stage. Their profiles are linked below.

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