verdagy.com/Energy / Clean EnergyFounded: 2021Funding to Date: $104MM
Verdagy is a green hydrogen energy production company. Using water electrolysis technology, the company has a mission to create clean energy while still lowering overall capital costs. Verdagy operates commercial pilot plants and specializes in scaling their eDynamic hydrogen electrolyzers. Verdagy was founded by Ryan Gilliam in 2021 and is headquartered in Moss Landing, CA.
Funding Date | Share Class | Amount Raised | Price per Share | Post-Money Valuation | Key Investors | |
---|---|---|---|---|---|---|
08/08/2023 | Series B | $73MM | $xx.xx | $347.79MM | Bidra Innovation Ventures, Bluescope, Galp, Samsung Venture Investment, Shell Ventures, Temasek, Toppan Ventures, Tupras Venures, Yara Growth Ventures, Zeon Ventures | |
Price per Share
$xx.xx
Shares Outstanding
3,468,602
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Bidra Innovation Ventures, Bluescope, Galp, Samsung Venture Investment, Shell Ventures, Temasek, Toppan Ventures, Tupras Venures, Yara Growth Ventures, Zeon Ventures
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02/09/2022 | Series A | $6MM | $xx.xx | $143.4MM | Bhp Ventures, Doral Energy Tech Ventures, Khosla Ventures, Orbia Ventures, Shell Ventures, Tdk Ventures, Temasek | |
Price per Share
$xx.xx
Shares Outstanding
6,000,000
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Bhp Ventures, Doral Energy Tech Ventures, Khosla Ventures, Orbia Ventures, Shell Ventures, Tdk Ventures, Temasek
|
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02/09/2022 | Series A-1 | $25MM | $xx.xx | $143.4MM | Bhp Ventures, Doral Energy Tech Ventures, Khosla Ventures, Orbia Ventures, Shell Ventures, Tdk Ventures, Temasek | |
Price per Share
$xx.xx
Shares Outstanding
2,784,359
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Bhp Ventures, Doral Energy Tech Ventures, Khosla Ventures, Orbia Ventures, Shell Ventures, Tdk Ventures, Temasek
|