Verdagy
Company

Last deal

$39.6M

Amount

Grant

Stage

14.03.2024

Date

4

all rounds

$156.6M

Total amount

General

About Company
Verdagy is a green hydrogen company that develops innovative water electrolysis technology.

Industry

Sector :

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founded date

01.01.2021

Number of employees

Last funding type

Grant

IPO status

Private

Description

Backed by Khosla Ventures and spun out from Chemetry, Verdagy operates lab and pilot plant facilities in Moss Landing, CA. Their technology enables the production of green hydrogen with the lowest upfront capital costs and unit production costs. Verdagy's products include eDynamic, a hydrogen electrolyzer that allows production facilities to scale up to gigawatts of energy. Founded in 2021, Verdagy is based in Moss Landing, California and is focused on rapidly scaling their industry-leading solution for large-scale green hydrogen production.
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