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Verdagy
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Developer of a electrochemical cell for green hydrogen production

Founded in 2021
Founded in

Company type Private Public ()
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Industry Group energy & power

Sector hydrogen

TRL Range 4-6
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
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Headquarters United States United States
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Updated by Cleantech Group on 09/22/2024

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Date Investors Type Amount
08/08/2023 Temasek Holdings Temasek Holdings , Shell Ventures Shell Ventures , Bidra Innovation Ventures Bidra Innovation Ventures , BlueScope BlueScope , Galp Ventures Galp Ventures , Samsung Ventures Samsung Ventures , Toppan Ventures Toppan Ventures , Tupras Ventures Tupras Ventures , Yara Growth Ventures Yara Growth Ventures , Zeon Ventures Zeon Ventures (10)
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Funding will be used to for the launch and commercialization of their 20 MW electrolyser module which will serve as a fundamental unit to future systems at the 200 MW scale.
 Series B $73,000,000
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