Verdant Power
2000
FOUNDED
PRIVATE
STATUS
11-20
EMPLOYEES
Grant
LATEST DEAL TYPE
$670K
LATEST DEAL AMOUNT
3
INVESTORS
Description
Manufacturer of tidal power and hydroelectric systems designed to facilitate the adoption of renewable energy technologies worldwide. The company's electricity generation facilities employs underwater turbines to generate energy from the natural water currents of rivers, tides, and man made channels.
Website
Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Primary Industry
Alternative Energy Equipment
Primary Office
- P.O. Box 282
- Roosevelt Island
- New York, NY 10044
- United States
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Verdant Power Valuation and Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 7. Grant | 21-Mar-2015 | $670K | 000.00 | Completed | Generating Revenue | |
| 6. Convertible Debt | 29-Jun-2012 | 00000 | 000.00 | Completed | Generating Revenue | |
| 5. Early Stage VC | 05-Mar-2012 | 00000 | 000.00 | Completed | Generating Revenue | |
| 4. Convertible Debt | 08-Nov-2011 | 00000 | 000.00 | Completed | Generating Revenue | |
| 3. Grant | 27-May-2011 | 00.00 | 000.00 | Completed | Generating Revenue | |
| 2. Early Stage VC | 13-Apr-2010 | $50K | $15.1M | Completed | Generating Revenue | |
| 1. Early Stage VC (Series A) | 17-Aug-2006 | $15M | $15M | 0000 | Completed | Startup |
Verdant Power Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price |
% Owned |
|---|---|---|---|---|---|---|---|---|
| Series A | 0,000,000 | 00.000000 | 00 | 000 | 000 | 00 | 00.00 | 000 |
Verdant Power Investments (1)
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| 0000000 00000 | 18-Mar-2018 | 00000 0000000 | Energy Infrastructure | 0000 000000 |
Verdant Power Investors (3)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds | Board Seat |
Contact Info |
|---|---|---|---|---|---|---|
| U.S. Trade and Development Agency | Government | Minority | 000 0000 | 000000 0 | ||
| NYSERDA | Government | 000 0000 | 000000 0 | |||
| Spring Lake Equity Partners | PE/Buyout | Minority | 000 0000 | 000000 0 |
Verdant Power Executive Team (10)
2 Former Executives
You’re viewing 5 of 10 executives. Get the full list »Verdant Power Board Members (5)
| Name | Representing | Role | Since | Contact Info |
|---|---|---|---|---|
| David Sharpless | Verdant Power | Chief Executive Officer & Board Member | 000 0000 | |
| Frank Williams | Verdant Power | Vice Chairman | 000 0000 | |
| Joe Klein | Verdant Power | Chairman | 000 0000 | |
| Ronald Smith | Verdant Power | Co-Founder, Board Member & President | 000 0000 | |
| Trey Taylor | Verdant Power | Chief Marketing Officer, President, Verdant Power International, Board Member & Co- Founder | 000 0000 |