![Verdagy](https://storage.googleapis.com/dealroom-images-production/41/MTAwOjEwMDpjb21wYW55QHMzLWV1LXdlc3QtMS5hbWF6b25hd3MuY29tL2RlYWxyb29tLWltYWdlcy8yMDI0LzA4LzI1LzQ1YjEyMDExZjU1NjEwZjE3MTlmMDY4NWM0OTBlNDkx.png)
Verdagy
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
* | $25.0m | Early VC | |
* | $73.0m | Series B | |
* | $39.6m | Grant | |
Total Funding | €125m |
Recent News about Verdagy
EditVerdagy is at the forefront of revolutionizing green hydrogen production through advanced water electrolysis technology. The company operates in the renewable energy sector, focusing on creating high-performance cells, electrolyzers, and plants for large-scale hydrogen production. Verdagy's solutions are designed to achieve the lowest upfront capital costs and the most favorable unit economics for hydrogen production. The company serves industrial clients looking to decarbonize their operations and reduce reliance on fossil fuels. Verdagy operates laboratory and pilot plant facilities in Moss Landing, California, where it continues to develop and scale its innovative technology. The business model revolves around selling its proprietary electrolysis technology and providing ongoing support and maintenance services. Revenue is generated through the sale of equipment, technology licensing, and service contracts.
Keywords: green hydrogen, water electrolysis, renewable energy, industrial decarbonization, high-performance cells, electrolyzers, pilot plant, Moss Landing, low-cost production, hydrogen revolution.