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Verdagy

Clean Energy / Hydrogen Production Moss Landing, California ~280 employees
Founded
--
Employees (Est.)
~280
14 leaders known
Total Funding
$112.6M
Funding Rounds
2
Last Funding
2024-03-14

About Verdagy

Verdagy is a company focused on enabling zero carbon intensity, clean hydrogen production at fossil parity by 2028. Their mission is to accelerate the clean hydrogen economy and decarbonize hard-to-abate sectors such as steel and ammonia production through innovative electrolyzer technology.

Products & Services

Dynamic Electrolyzers:Verdagy's patented single-cell architecture electrolyzers pair in real-time with variable energy sources, offering leading efficiencies, the widest dynamic range, and turndown ratios in the industry. They aim to achieve a levelized cost of hydrogen (LCOH) of less than $2/kg without subsidies by 2028.

Specialties

Electrolysis Technology Clean Hydrogen Production Dynamic Electrolyzers Decarbonization of Hard-to-Abate Sectors

Funding History

Debug: View Raw Funding Data
# Type Amount Fields Date Fields Investors
1 RT: Grant
T: -
FT: Grant 		A: 39600000
MR: -
FA: 39.6 million
FAN: 39600000 		D: 2024-03-14
FD: 2024-03-14 		1 investors
2 RT: Series B
T: -
FT: Series B 		A: 73000000
MR: -
FA: 73 million
FAN: 73000000 		D: 2023-08-08
FD: 2023-08-08 		10 investors
Grant Latest
2024-03-14
$39.6M
1 investor (Pro only)
Series B 2023-08-08
$73.0M

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Growth Metrics

+45%
Employee Growth
YoY
3.2x
Funding Growth
Last Round
12
Markets
Operating
10K+
Customers
Active

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Team & Leadership

R

Rahul Bammi

CEO & President

LinkedIn (Pro only)
T

Thomas McWaid

Chief Technical Officer

LinkedIn (Pro only)
P

Peter Cousins

Chief Operating Officer

LinkedIn (Pro only)
J

Johan Themaat

Chief Financial Officer

G

Gal Mariansky

PE, Senior Vice President, Process Engineering

S

Sri Ramakrishnan

Vice President, EPC & Services

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Recent News

Verdagy Announces New Product Launch

2 days ago

Company unveils innovative solution to transform the industry, expanding market reach and capabilities...

Read more →

Leadership Team Expands with Industry Veteran

1 week ago

New executive brings 20+ years of experience to accelerate growth and strategic initiatives...

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Company Recognized as Industry Leader

2 weeks ago

Receives prestigious award for innovation and customer satisfaction in competitive market...

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Key Competitors

C1

Competitor Alpha

Series B · $50M raised

C2

Competitor Beta

Series C · $120M raised

C3

Competitor Gamma

Series A · $25M raised

C4

Competitor Delta

Seed · $10M raised

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Company Details

Industries
Clean Energy / Hydrogen Production
Company Size
~280 employees (est.)
Locations
Moss Landing, California
Moss Landing, Calif., USA

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