Verdox

United States
Woburn, Massachusetts, United States

Company profile

Verdox company profile

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.

Business identity

Operating status
Active
Company type
For Profit
Employee range
11-50 employees
Revenue range
$0-$1M
Founded
2019-01-01, Year

Headquarters

Country code
US
Continent
North America

Capital profile

Funding and company signals

Funding rounds
7
Total equity funding
$100M
Last funding
Grant / 2022-04-22
Last equity funding
Series Unknown / $20M
Investors
11
Lead investors
5
Founders
3
Articles
34

Founders and investors

Founders

Brian BaynesSahag VoskianT. Alan Hatton

Lead investors

BloombergNEFBreakthrough Energy VenturesMassachusetts Clean Energy CenterNational Science FoundationNorsk Hydro

Investors

Breakthrough Energy VenturesLowercarbon CapitalNational Science FoundationPrelude VenturesXPRIZE