Verdagy, a Moss Landing, CA-based water electrolysis technology company, raised $25M in funding.
The round was led by TDK Ventures with participation from BHP Ventures, Doral Energy Tech Ventures, Khosla Ventures, Orbia Ventures, Shell Ventures, and Temasek.
The copmpny intends to use the funds to scale-up and demonstrate green hydrogen electrolyzer technology.
Led by CEO Marty Neese, Verdagy has developed water electrolysis technology for the large-scale production of green hydrogen. The company operates laboratory and pilot plant facilities in Moss Landing, California to further develop and rapidly scale the technology platform.
FinSMEs
15/02/2022