Verdox Funding & Investors
Woburn, MA
Verdox is making scalable, cost-effective carbon capture and removal a reality. Founded in late 2019 by Dr. Brian Baynes, Prof. T. Alan Hatton, and Dr. Sahag Voskian, the company is commercializing its electroswing adsorption (ESA) platform technology, originally developed at MIT, to remove carbon dioxide from industrial emissions and the air with 70% energy savings versus conventional approaches.
verdox.comTotal Amount Raised: $100,315,008
Verdox Funding Rounds
Series Unknown
$20,000,000
Series Unknown Investors
Norsk HydroSeries Unknown
$80,000,000
Series Unknown Investors
Breakthrough EnergyPrelude VenturesLowercarbon CapitalGrant
$250,010
Grant Investors
National Science Foundation (NSF)Grant
$65,000
Grant Investors
Massachusetts Clean Energy Center
Funding info provided by Diffbot.