FundedIQ
Energy

Verdagy: Funding, Investors & Team (Oct 2026)

Verdagy is revolutionizing the technology of water electrolysis to produce green hydrogen on a massive scale. Their groundbreaking solution not only offers the most affordable initial investment and operational costs, but also ensures the industry's most competitive cost of hydrogen over time. Verdagy conducts research and development at its laboratory and operates highly-automated pilot facilities in Moss Landing, California, as it continues to make progress with its state-of-the-art technology.

verdagy.com LinkedIn Moss Landing, United States 11-50 employees
Energy Manufacturing Renewable Energy B2B
Total raised
$92.0M
Rounds
2
Latest
Series B
Aug 2023

Verdagy has raised $92.0M across 2 funding rounds on record, the most recent a Series B of $73.0M announced in Aug 2023.

That round is above the $15M median round size for Energy companies tracked on FundedIQ over the last two years.

Verdagy Company Profile and Key Stats

Total funding raised
$92.0M
across 2 rounds on record
Funding rounds on record
2
Latest funding round
Series B
$73.0M in Aug 2023
Employees
11-50
reported band
Headquarters
Moss Landing, United States

Latest funding round on record: Aug 2023.

Verdagy Funding Rounds

Date
Round
Amount
Series B
$73.0M
Undisclosed round
$19.0M

Verdagy raised $19.0M in an undisclosed round announced in Apr 2022.

1.3 years later, a Series B of $73.0M was announced in Aug 2023.

Verdagy Founders and Leadership Team

Name
Role
Contact
Ilenia Sainato
Founder
Locked
Marty Neese
CEO
Locked

Contact details for the Verdagy team: 2 of 2 have an email address on file.

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Verdagy Funding Compared to Other Energy Startups

Segment
Companies
Median round
2,284
$15M
30,234
$7.6M
4,401
$31M

Verdagy's latest round of $73.0M is above the median round in Energy. Medians cover the last 24 months of disclosed rounds.

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Verdagy Funding FAQs

What does Verdagy do?

Verdagy is revolutionizing the technology of water electrolysis to produce green hydrogen on a massive scale. Their groundbreaking solution not only offers the most affordable initial investment and operational costs, but also ensures the industry's most competitive cost of hydrogen over time. Verdagy conducts research and development at its laboratory and operates highly-automated pilot facilities in Moss Landing, California, as it continues to make progress with its state-of-the-art technology.

How much funding has Verdagy raised?

Verdagy has raised $92.0M across 2 rounds on record. The most recent is a Series B of $73.0M announced in Aug 2023.

When did Verdagy last raise funding?

Verdagy's most recent funding round on record is a Series B of $73.0M, announced in Aug 2023.

Who founded Verdagy?

FundedIQ lists Ilenia Sainato (Founder) at Verdagy.

Who is the CEO of Verdagy?

Marty Neese is listed as CEO at Verdagy.

Where is Verdagy headquartered?

Verdagy is based in Moss Landing, California, United States.

How many employees does Verdagy have?

Verdagy is in the 11-50 employee band.

How does Verdagy's funding compare to other Energy startups?

Verdagy's latest round of $73.0M is above the $15M median round size for Energy companies on FundedIQ across 2,284 tracked companies over the last two years.

About FundedIQ's Verdagy Funding Data

FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.

Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for Verdagy is left off this page rather than filled in.

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