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Verdox
company
About
Verdox develops an electric carbon removal technology designed to eliminate emissions from aluminum production.
- 1 - 10
Details
- Last Funding Type
- Grant
- Last Funding Money Raised
- $250.01K
- Industries
- CleanTech,Pollution Control,Social Impact
- Founded date
- Jan 1, 2019
- Number Of Employee
- 1 - 10
- Operating Status
- Active
Verdox is dedicated to reversing climate change through the development and deployment of advanced technology. The company’s proprietary electro-swing process, developed at MIT, enables carbon dioxide and other acid gases to be captured with up to 80% less energy and 70% less cost than conventional approaches.
Funding Rounds
Number of Funding Rounds
Total Funding Amount
2
$80.25M
Verdox has raised a total of
$80.25M
in funding over 2 rounds. Their latest funding was raised on
Feb 1, 2022 from a Series Unknown round.
| Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
|---|---|---|---|---|---|---|
| Feb 1, 2022 | Series Unknown | $80M | 1 | — | — | Detail |
| Feb 3, 2021 | Grant | $250.01K | 1 |
National Science Foundation
|
— | Detail |
Investors
Number of Lead Investors
Number of Investors
1
2
Verdox is funded by 2 investors.
National Science Foundation
and Prelude Ventures
are the most recent investors.
| Investor Name | Lead Investor | Funding Round |
|---|---|---|
|
National Science Foundation
|
Yes | Grant |
Prelude Ventures
|
— | Series Unknown |
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