Verdex Technology
Latest round
- Series A
Last raised
- Sep 2022
Total raised
- Undisclosed
Investors
- 1
About Verdex Technology
Based in the US, Verdex Technology Inc.Verdex Technology Inc. was founded in 2010 in the United States, focusing on advanced nanofiber materials. The company was established by Gary Huvard and Larry Marshall. Currently, Damien Deehan serves as CEO.Verdex Technologies specializes in the mass production of advanced nanofiber materials through its proprietary Solvent Free Process, which eliminates the need for toxic and costly solvents. The company offers a range of products, including nanofiber media used in applications such as air and liquid filtration, medical packaging, technical textiles, and battery separators. These products address critical challenges in various industries, providing solutions for filtration efficiency in gas turbine generators, extended lifetime and improved performance in HVAC systems, and advanced healthcare solutions like wound dressings and drug delivery systems.The revenue structure of Verdex Technologies is primarily based on B2B transactions, collaborating with industry partners and clients needing customized nanofiber solutions. Revenue is generated through partnerships and contracts for the development and supply of proprietary nanofiber technologies. Clients include healthcare providers, textile manufacturers, automotive, and industrial companies, each requiring tailored products to meet their operational needs.Looking ahead, Verdex Technology Inc. plans to introduce new products that leverage their advanced nanofiber materials, aiming for launch in key markets. They are targeting expansion into Europe and Asia by mid-2024, enhancing their global footprint.
Who invested in Verdex Technology
1 investor across 4 rounds
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Questions about Verdex Technology
Who invested in Verdex Technology?
Verdex Technology has 1 investor on record across 4 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Verdex Technology raised?
Verdex Technology has raised 4 venture rounds. Sign up free to see how much each round raised and the total.
When did Verdex Technology last raise money?
Verdex Technology's most recent round on record is a Series A, in Sep 2022.
What does Verdex Technology do?
Based in the US, Verdex Technology Inc.
Where is Verdex Technology headquartered?
Verdex Technology is headquartered in US.
Which VCs invest in companies like Verdex Technology?
Among active investors with capital left to deploy, S2G Ventures, CAVU Consumer Partners, Gaingels and Alumni Ventures Group back materials companies at Verdex Technology's stage. Their profiles are linked below.
VCs backing materials startups at Series A
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