V
Versogen
Developed breakthrough electrolyzer technology that uses water and renewable energy to produce green hydrogen at scale —reliably and affordably
About Versogen
Versogen is a pioneering company in the renewable energy sector, specializing in the production of green hydrogen through its advanced anion exchange membrane (AEM) electrolyzer technology. The company serves industries that are hard to decarbonize, such as heavy manufacturing and transportation, by providing scalable and affordable solutions for hydrogen generation. Versogen operates in the global market, focusing on the transition to a carbon-neutral economy by leveraging renewable energy sources like wind and solar power. The business model revolves around the sale and distribution of its proprietary electrolyzer systems and membranes, which are built using earth-abundant materials. Versogen generates revenue through direct sales, partnerships with distributors, and service agreements for maintenance and support. The company's innovative approach not only reduces carbon emissions but also offers a sustainable and economically viable alternative to traditional fossil fuels.
Source: Dealroom company dataAt a glance
- Status
- Low Activity
- Founded
- 2018
- Headquarters
- Wilmington, United States
- Employees
- 21
- Open positions
- 1
- Dealroom signal
- 0.0/100
- Sub-industry
- Clean Energy
- Sector
- Energy, Hydrogen, Spinout, Sustainable Development Goals, Climate Tech, Electrolysis, Green Hydrogen, Hydrogen Production, Hard Tech, DT and LS
- Technology
- Hardware, Deep Tech
- Business model
- Manufacturing
- Client focus
- b2b
Knowledge graph
More headlines
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| SERIES A✓Equity / VC | May 2022 | $15M | $58M | HyAxiom · TechEnergy Ventures · Wenstone H2Tech · DSC Investment | ↗ |
| SUPPORT PROGRAM✓Other financing | Dec 2021 | $0 | — | Third Derivative | ↗ |
Growth signals
Latest recorded traffic for Versogen is 1.8K monthly website visits, up 80% over the last three months. Versogen's team declined 36.4% over the past year.
Open positions
Similar companies
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Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Series A8 investors entered at this stage
Doosan Heavy Industries
HyAxiom
TechEnergy Ventures- WHWenstone H2Tech
DSC Investment
The Chemours Company
CN Innovations Holdings- TATOP Ventures America
Other known investors5 additional known investors
Third Derivative
University of Delaware
Arizona Venture Development Corporation
Plug and Play
The Innovation Space
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
An AI-synthesised read of the highest-engagement posts about Versogen on X, ranked by likes and reposts, corporate channels excluded.
Reading the room on X — pulling top posts and synthesizing themes…
Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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