Verdagy
Moss Landing, US · Founded 2021 · Delaware corporation · 48 employees on LinkedIn · 8 known investors
Verdagy develops water electrolysis systems for producing zero carbon intensity green hydrogen, using a patented single-cell architecture that pairs in real time with variable renewable energy sources. Its electrolyzers target industrial hydrogen users in chemicals, oil & gas, e-fuels, mobility, and steel, aiming for low levelized cost of hydrogen without subsidies.
Founders & leadership
Verdagy was founded in 2021 by Ryan Gilliam.
Board
RS
AA
Investors · 8
Orbia VenturesBoston · $1M – $6M
Yara Growth VenturesOslo · $3M
BHP Venturesreported
Energy Impact PartnersreportedNew York · $5M – $20Mvia Anil Achyuta · board
Khosla VenturesreportedMenlo Park · $5K – $50Mvia Rajesh Swaminathan · board
Shell Venturesreported · 2 sourcesLondon
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TDK Venturesreported · 2 sourcesSan Jose · $5M
Temasekreported · 2 sourcesSingapore
Reported raises · per SEC filings
Form D private placements$47.7M disclosed across 2 rounds · 2021–2023
▶$28.7MraisedAug 2023 · 9 investors · OtherRule 506(b)
▶$28.7MraisedAug 2023 · 9 investors · Other
Rule 506(b)Officers, directors & promoters on the filing
- Anil AchyutaDirector
- Ryan GilliamDirector
- Marty NeeseExecutive Officer, Director, Promoter
- Eric OlsenDirector
- Rajesh SwaminathanDirector
- Vikas GuptaDirector
- Offering amount
- $35.5M
- Amount sold
- $28.7M
- First sale
- Apr 2023
- Incorporated
- Corporation, Delaware, 2021
- Federal exemptions
- 06b
▶$19MraisedApr 2022 · 6 investors · OtherRule 506(b)
▶$19MraisedApr 2022 · 6 investors · Other
Rule 506(b)Officers, directors & promoters on the filing
- Rajesh SwaminathanDirector
- Anil AchyutaDirector
- Marty NeeseExecutive Officer, Director, Promoter
- Ryan GilliamDirector
- Offering amount
- $19M
- Amount sold
- $19M
- First sale
- Dec 2021
- Incorporated
- Corporation, Delaware, 2021
- Federal exemptions
- 06b
Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.
Competitors · 2
by search overlap
Syzygy Plasmonics4 shared keywordsSyzygy Plasmonics converts waste biogas and renewable electricity into sustainable aviation fuel using proprietary photocatalytic technology. The company serves airlines and fuel buyers seeking low-carbon alternatives to conventional jet fuel.
Amogy4 shared keywordsAmogy develops patented ammonia cracking technology that converts ammonia into electric power for hydrogen fuel cells and engines, targeting decarbonization of heavy industries including transportation and maritime. The company offers modular ammonia-to-power systems and high-efficiency catalysts as alternatives to diesel and hydrogen fuel solutions.
Companies competing with Verdagy for the same Google search keywords, organic and paid, via search-intersection analysis.
In the news
Frequently asked questions
- What does Verdagy do?
- Verdagy develops water electrolysis systems for producing zero carbon intensity green hydrogen, using a patented single-cell architecture that pairs in real time with variable renewable energy sources. Its electrolyzers target industrial hydrogen users in chemicals, oil & gas, e-fuels, mobility, and steel, aiming for low levelized cost of hydrogen without subsidies.
- Who founded Verdagy?
- Verdagy was founded by Ryan Gilliam in 2021.
- Who are Verdagy's investors?
- Verdagy's investors include Orbia Ventures, Yara Growth Ventures, BHP Ventures, Energy Impact Partners, Khosla Ventures, Shell Ventures, TDK Ventures, Temasek.
- How much funding has Verdagy raised?
- Verdagy has disclosed $47.7M raised across 2 rounds.
- Where is Verdagy headquartered?
- Verdagy is headquartered in Moss Landing, US.