Overview

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Status
Acquired by on June 23, 2014
Total Equity Funding
$25.5M in 2 Rounds from 3 Investors
Headquarters:
Redwood City, CA
Description:
Virdia develops cellulosic sugars and lignin for use in the renewable chemicals, bioenergy and nutrition industries.
Founders:
Categories:
Chemical, Renewable Energy, Clean Energy
Website:
http://www.virdia.com
Social:

Company Details

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Virdia, formerly HCL CleanTech, a leading developer of cellulosic sugars. Virdia is a leading developer of cellulosic sugars and lignin for use in the renewable chemicals, bio-energy and nutrition industries. The company's CASEâ„¢ proprietary process converts a wide range of cellulosic feedstock, including wood, energy crops and agricultural residues into highly refined sugars and lignin. This low-temperature process delivers the highest yields of sugars from biomass, and has a very light environmental footprint due to the near complete recycling of acids and solvents used in manufacturing. The company is led by a seasoned management team with decades of experience in corn processing, chemicals and biochemicals industries.

Funding Rounds (4) - $110.5M

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DateAmount / RoundValuationLead InvestorInvestors
Mar, 2012$20M / Venture3
Mar, 2012$10M / Debt Financing1
Mar, 2012$75M / Debt Financing1
Jun, 2009$5.5M / Series A2

Current Team (4)

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Board Members and Advisors (4)

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Offices/Locations (1)

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  • Office

    303 Twin Dolphin Dr

    #6062

    Redwood City, CA 94065-1497

    USA

Images (1)

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