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Versogen
Wilmington, US · Founded 2017 · 20 employees on LinkedIn · 4 known investors
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Versogen develops anion exchange membrane (AEM) electrolyzers that produce green hydrogen at scale for decarbonizing the energy, chemical, and manufacturing sectors. The company operates in the clean energy and hydrogen technology space.
Founders & leadership
Versogen was founded in 2017 by Yushan Yan, Junhua Wang, Lan Wang, Brian Setzler, and Keda Hu.
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Yushan YanFounder and CEOYushan Yan holds the Henry B. du Pont Professorship in Chemical and Biomolecular Engineering at the University of Delaware and founded the Center for Clean Hydrogen there. He earned his BS in Chemical Physics from the University of Science and Technology of China and his PhD in Chemical Engineering from Caltech, with research focused on electrochemical engineering for hydrogen, fuel cells, and carbon capture using polymer membranes.
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Balsu LakshmananChief Technology OfficerBalsu Lakshmanan is Chief Technology Officer of Versogen, which develops anion exchange membrane electrolyzers for green hydrogen production.
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Tim KrebsChief Financial OfficerHe brings experience in corporate strategy, capital raising, and governance, with background credentials including engineering, an MBA, and CFA certification.
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Jim PrendergastChief Commercial OfficerJim Prendergast is Chief Commercial Officer at Versogen, a developer of anion exchange membrane electrolyzers for green hydrogen production. He holds an MBA from the University of Delaware and a BSChE from the University of Michigan, and has prior experience in the chemicals industry.
Investors · 4
Pangaea Ventures Us Inc.listed by Pangaea Ventures Us Inc.Vancouver · $500K – $1.5M
How we know: Pangaea Ventures Us Inc.'s portfolio page · the VCSheet dataset · Not right? Tell us
Reported raises · per SEC filings
Form D private placements$14.5M disclosed across 1 round · 2022
▶$14.5MraisedApr 2022 · 8 investors · Other EnergyRule 506(b)
▶$14.5MraisedApr 2022 · 8 investors · Other Energy
Rule 506(b)Officers, directors & promoters on the filing
- Sridhar KanuriDirector
- Chuck XuDirector
- Yushan YanExecutive Officer, Director
- Offering amount
- $14.5M
- Amount sold
- $14.5M
- First sale
- Apr 2022
- Incorporated
- Corporation, Delaware, 2017
- Federal exemptions
- 06b
Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.
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In the news
Frequently asked questions
- What does Versogen do?
- Versogen develops anion exchange membrane (AEM) electrolyzers that produce green hydrogen at scale for decarbonizing the energy, chemical, and manufacturing sectors. The company operates in the clean energy and hydrogen technology space.
- Who founded Versogen?
- Versogen was founded by Yushan Yan, Junhua Wang, Lan Wang, Brian Setzler, Keda Hu in 2017.
- Who are Versogen's investors?
- Versogen's investors include Pangaea Ventures Us Inc., TechEnergy Ventures, The Innovation Space, Third Derivative.
- How much funding has Versogen raised?
- Versogen has disclosed $14.5M raised across 1 round.
- Where is Versogen headquartered?
- Versogen is headquartered in Wilmington, US.