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Verdezyne
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Developer of metabolic pathway engineering tools to develop unique yeast strains for cost-effective production of bio-based chemicals using non-food co-products from low cost plant oil feedstocks

Founded in 2005
Founded in

Company type Bankrupt Public ()
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
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Headquarters Carlsbad, CA Carlsbad, United States
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Updated by David Tetzlaf at Verdezyne on 02/07/2017

Edited by Cleantech Group on 10/20/2020

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Date Company
12/10/2012

Universal Fiber Systems Universal Fiber Systems

Verdezyne will sell its bio-based apidic acid to Universal Fiber Systems for exclusive use.

Confirmed by Universal Fiber Systems

Partnerships
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Date Partner Type
06/09/2015
Will & Co Will & Co
Agreement for Will & Co to secure off-take for over 25% of Verdezyne's BIOLON DDDA product produced from its Malaysia plant.
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Confirmed by Will & Co
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Investment Rounds
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IPO INFORMATION

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Description

Date Investors Type Amount
04/28/2014 Sime Darby Berhad Sime Darby Berhad , BP Ventures BP Ventures , DSM Venturing DSM Venturing , OVP Venture Partners OVP Venture Partners , Monitor Ventures Monitor Ventures (5)
Post-money valuation of
The investment will accelerate Verdezyne's technology development in the U.S. and support Sime Darby's newly-formed renewables business unit.
Growth Equity $48,000,000
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Products
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Product image Name Product status Revenue model Cost metrics

FerroShield HC

Verdezyne’s FerroShield HC is a nitrate-free dibasic acid mixture. It exhibits exceptional ferrous corrosion inhibition properties and can be used in a number of corrosion inhibitor applications including Metalworking fluids, engine coolants, metal cleaners, die cast release agents, and aqueous hydraulic fluids.

Wide Commercial Availability Products - Wholesale
$/kW (current)
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