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Verde Clean Fuels
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Short description

Provider of renewable gasoline and methanol from waste feedstocks comprised of biomass, municipal solid waste (MSW), and renewable natural gas

Founded in 2007
Founded in

Company type Public Public (VGAS)
Company type

Industry Group materials & chemicals

Sector fuels & chemicals

TRL Range 7-8
TRL 1 Basic research
TRL 2 Technology formulation
TRL 3 Applied research
TRL 4 Small scale prototype
TRL 5 Large scale prototype
TRL 6 Prototype system
TRL 7 Demonstration system
TRL 8 First of a kind commercial system
TRL 9 Full commercial application
TRL Range

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Headquarters Hillsborough, NJ Hillsborough, United States
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Updated by Cleantech Group on 02/06/2025

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Date Company
Partnerships
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Date Partner Type
02/16/2023
Cottonmouth Ventures Cottonmouth Ventures
Diamondback Energy, through its wholly-owned subsidiary, Cottonmouth Ventures, enters into a joint venture with Verde Clean Fuels and entered into an equity participation right agreement.
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Confirmed by Cottonmouth Ventures
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IPO INFORMATION

Date

02/15/2023

IPO status

Listed

IPO Type

SPAC

Amount

Initial shares

Ticker symbol

VGAS

Exchange listed

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Description

Verde will be traded on the NASDAQ under the symbol “VGAS” along with the public warrants under the symbol “VGASW.”

Date Investors Type Amount
01/29/2025 Cottonmouth Ventures Cottonmouth Ventures (1)
Post-money valuation of
Funding will be used to further the development and construction of potential natural gas-to-gasoline production plants and for other general corporate purposes.
PIPE $50,000,000
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