Verdagy has developed a novel approach to large scale water electrolysis that incorporates the advantages of alkaline electrolysis (AWE) and proton exchange membrane electrolysis (PEM), unlocking the ability to operate at industry-leading high current densities and a wide dynamic operating range.
Employees: 11-50
Total raised: $162.6M
Investors 4
| Date | Name | Website |
| 17.02.2022 | Shell Vent... | shell.com |
| - | Toppan Glo... | tgvp.vc |
| 20.11.2021 | Khosla Ven... | khoslavent... |
| 03.03.2022 | Orbia Vent... | orbia.com |
Funding Rounds 4
| Date | Series | Amount | Investors |
| 08.07.2025 | Grant | $39.6M | - |
| 08.08.2023 | Series B | $73M | Shell Vent... |
| 15.02.2022 | - | $25M | Orbia Vent... |
| 09.02.2021 | - | $25M | Orbia Vent... |
Mentions in press and media 25
| Date | Title | Description |
| 08.07.2025 | Verdagy's Electrolyzers Approved by Shell for Future Green Hydrogen Projects | Shell has approved Verdagy’s 20MW eDynamic electrolyzers for future green hydrogen projects after a thorough technical review. This approval positions Verdagy as a key supplier in Shell’s renewable hydrogen initiatives, showcasing confidenc... |
| 08.07.2025 | Verdagy Secures $39.6M DOE Grant for Green Hydrogen Electrolysis Tech | Verdagy, a green hydrogen producer, has received a $39.6 million grant from the U.S. Department of Energy (DOE) to advance its electrolysis technology. The funding will help reduce costs and improve efficiency in green hydrogen production, ... |
| 08.07.2025 | Galp Invests $5M in Verdagy's Green Hydrogen Electrolysis Technology | Galp, a Portuguese energy company, has invested $5 million in Verdagy to support the development of its green hydrogen electrolysis technology. This investment is aligned with Galp’s strategy to decarbonize its operations and help advance g... |
| 07.07.2025 | Hydrogen Startup Verdagy Opens New California Electrolyzer Plant Amid Risks | Verdagy launched a California plant for its advanced electrolyzers, backed by a $40M U.S. Department of Energy grant. Despite slow hydrogen adoption, Verdagy’s durable, industrial-scale electrolyzers aim to outcompete global models. The pla... |
| 28.05.2025 | Verdagy to Supply Hydrogen to Mainspring Energy | Verdagy has announced a deal to supply green hydrogen to Mainspring Energy for power generation via linear generators, with operations slated for summer 2025. The collaboration demonstrates scalable hydrogen integration in distributed energ... |
| 05.02.2025 | Verdagy's $39.6M DOE Award Boosts Green Hydrogen Initiatives | Verdagy, a green hydrogen producer, received a $39.6 million grant from the U.S. Department of Energy (DOE) to advance its electrolysis technology, aiming to reduce costs and enhance efficiency in green hydrogen production. This funding und... |
| 26.12.2024 | Verdagy and Other Top Sustainable Tech Trends to Watch in 2025 | As we look toward 2025, several innovative green tech trends are poised to shape a more sustainable future. Verdagy stands out with its scalable electrolyzer technology aimed at making Green Hydrogen competitive with fossil fuels. Alongside... |
| 11.12.2024 | Verdagy’s Role in Scaling Green Hydrogen at TDK Ventures 100X Event | At the TDK Ventures 100X event, Verdagy CEO Martin Neese highlighted the company’s progress in scaling green hydrogen with its industrial electrolysis technology. The event focused on financing first-of-a-kind (FOAK) climate-tech projects, ... |
| 14.08.2024 | Inside Verdagy’s Pilot Plant for Scalable Green Hydrogen Production | Verdagy's Moss Landing pilot plant tests scalable electrolysis technology to produce green hydrogen using renewable energy. The process, involving alkaline water electrolysis, aims to make hydrogen production more energy-efficient and cost-... |
| 25.07.2024 | California's Billion-Dollar Hydrogen Hub: Verdagy Leads Green Efforts | California will host a billion-dollar hydrogen hub funded by $1.2B from the federal government and an additional $11B from private investments. ARCHES, a public-private partnership, will manage the hub, focusing on green hydrogen production... |
Show more