Verdagy Overview

  • Year Founded
  • 2021

Year Founded

  • Status
  • Private

  • Employees
  • 101

Employees

  • Latest Deal Type
  • Grant

  • Latest Deal Amount
  • $39.6M

  • Investors
  • 19

Verdagy General Information

Description

Developer of water electrolysis technology designed to produce green hydrogen. The company creates high-performance cells, electrolyzers, and plants to achieve both the lowest upfront capital costs and operating expenses to reach the industry's lowest levelized cost of hydrogen, for production, enabling enterprises to use clean energy and save money.

Contact Information

Website
www.verdagy.com
Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Corporate Office
  • 11500 Dolan Road
  • Moss Landing, CA 95039
  • United States
+1 (831)
Primary Industry
Energy Production
Other Industries
Alternative Energy Equipment
Corporate Office
  • 11500 Dolan Road
  • Moss Landing, CA 95039
  • United States
+1 (831)

Verdagy Timeline

2022202320242025
Financing RoundCaptured Employee CountEstimated Employee Growth

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Verdagy Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
5. Grant 14-Mar-2024 $39.6M Completed Generating Revenue
4. Early Stage VC (Series B) 08-Aug-2023 Completed Generating Revenue
3. Early Stage VC (Series A1) 08-Feb-2022 Completed Startup
2. Early Stage VC (Series A) 07-Jul-2021 Completed Startup
1. Spin-Off Completed Startup
To view Verdagy’s complete valuation and funding history, request access »

Verdagy Cap Table

Stock # of Shares
Authorized
Par Value Dividend Rate (%) Original
Issue Price
Liquidation Liquidation
Pref. Multiple
Conversion Price % Owned
Series B
Series A-1
Series A 6,000,000 $0.000100 8% $1 $1 1x $1 39.46%
To view Verdagy’s complete cap table history, request access »

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Verdagy Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Developer of water electrolysis technology designed to produce green hydrogen. The company creates high-performance cell
Energy Production
Moss Landing, CA
101 As of 2024

Oslo, Norway
 

New York, NY
 
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Verdagy Competitors (6)

One of Verdagy’s 6 competitors is Nel (Alternative Energy Equipment), a Corporation company based in Oslo, Norway.

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Nel (Alternative Energy Equipment) Corporation Oslo, Norway
Plug Power Formerly VC-backed New York, NY
Bloom Energy Formerly VC-backed San Jose, CA
McPhy Energy Formerly VC-backed Grenoble, France
Thyssenkrupp Nucera Corporate Backed or Acquired Dortmund, Germany
To view Verdagy’s complete competitors history, request access »

Verdagy Patents

Verdagy Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
US-20250066937-A1 Electrocatalyst coated electrode for water electrolysis and method of producing same Pending 25-Aug-2023
US-20250027213-A1 Apparatus, single element, and method for water electrolysis Pending 18-Jul-2023
US-20240158924-A1 Electrochemical cell including solution infused layer Pending 14-Nov-2022
US-20240158930-A1 Electrochemical cell including ph differential Pending 14-Nov-2022
US-20240150908-A1 Electrochemical cell for forming oxygen or hydrogen gas Pending 07-Nov-2022 C25B9/23
To view Verdagy’s complete patent history, request access »

Verdagy Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

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Verdagy Investors (19)

Investor Name Investor Type Holding Investor Since Participating Rounds
U.S. Department of Energy Government
Bidra Innovation Ventures Venture Capital Minority
BlueScope Corporation Minority
BlueScopeX Corporate Venture Capital Minority
Galp Bioenergy Corporation Minority
You’re viewing 5 of 19 investors. Get the full list »

Verdagy FAQs

  • When was Verdagy founded?

    Verdagy was founded in 2021.

  • Where is Verdagy headquartered?

    Verdagy is headquartered in Moss Landing, CA.

  • What is the size of Verdagy?

    Verdagy has 101 total employees.

  • What industry is Verdagy in?

    Verdagy’s primary industry is Energy Production.

  • Is Verdagy a private or public company?

    Verdagy is a Private company.

  • What is Verdagy’s current revenue?

    The current revenue for Verdagy is .

  • How much funding has Verdagy raised over time?

    Verdagy has raised $98M.

  • Who are Verdagy’s investors?

    U.S. Department of Energy, Bidra Innovation Ventures, BlueScope, BlueScopeX, and Galp Bioenergy are 5 of 19 investors who have invested in Verdagy.

  • Who are Verdagy’s competitors?

    Nel (Alternative Energy Equipment), Plug Power, Bloom Energy, McPhy Energy, and Thyssenkrupp Nucera are some of the 6 competitors of Verdagy.

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