Fundraising Fox

Verdagy

Moss Landing, US · Founded 2021 · Delaware corporation · 4 known investors

verdagy.com ↗

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.

CleantechEnergyHardwarein /verdagy

Founders & leadership

RS
Rajesh SwaminathanDirector
AA
Anil AchyutaDirector
MN
Marty NeeseExecutive Officer, Director, Promoter
RG
Ryan GilliamDirector

Investors · 4

Orbia VenturesBoston · $1M – $6M
Yara Growth VenturesOslo · $3M
Khosla VenturesreportedMenlo Park · $5K – $50Mvia Rajesh Swaminathan · board
TDK VenturesreportedSan Jose · $5M

Reported raises · per SEC filings

Form D private placements
▶$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
Full filing on SEC EDGAR ↗
▶$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
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.