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Viridity Energy
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Short description

Developer of smart grid demand response technology

Founded in 2008
Founded in

Company type Acquired Public ()
Company type

Industry Group energy & power

Sector energy networks

TRL Range 9
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 Philadelphia, PA Philadelphia, United States
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Updated by Cleantech Group on 06/09/2021

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  • 1 M&A items
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Date Company
10/05/2011

Con Edison Con Edison

Viridity is working with Con Edison and the City of New York Economic Development Corporation to optimize advanced building technologies and solar generation from City owned properties, such as the Brooklyn Army Terminal, into clean, virtual power generation.

Confirmed by Con Edison

Partnerships
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Date Partner Type
11/12/2014
American Vanadium American Vanadium
The two companies will explore the deployment of CellCube vanadium flow storage systems for Viridity customers.
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Confirmed by American Vanadium
Technology Partner
Investment Rounds
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IPO INFORMATION

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Exchange listed

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Description

Date Investors Type Amount
05/13/2016 AltEnergy AltEnergy (1)
Post-money valuation of
This investment will help fuel the continued rapid growth of the company, and further extend its leadership position in energy storage and advanced demand response
Growth Equity $8,500,000
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