Verdox is making scalable, cost-effective carbon capture and removal a reality. Founded in late 2019 by Dr. Brian Baynes, Prof. T. Alan Hatton, and Dr. Sahag Voskian, the company is commercializing its electroswing adsorption (ESA) platform technology, originally developed at MIT, to remove carbon dioxide from industrial emissions and the air with 70% energy savings versus conventional approaches.
Location: United States, Massachusetts, Woburn
Employees: 11-50
Total raised: $80M
Founded date: 2019
Investors 4
| Date | Name | Website |
| 26.03.2022 | Lowercarbo... | lowercarbo... |
| 24.02.2022 | Breakthrou... | breakthrou... |
| - | Prime Impa... | primeimpac... |
| - | Grantham F... | granthamfo... |
Funding Rounds 1
| Date | Series | Amount | Investors |
| 03.02.2022 | - | $80M | Breakthrou... |
Mentions in press and media 4
| Date | Title | Description |
| 22.04.2022 | 15 carbon removal projects score $1M each in climate Xprize milestone | A multi-year, $100 million Xprize competition for startups trying to remove or reverse carbon emissions has its first crop of big winners. Though the bulk of this Musk money won’t be given away until 2025, these 15 companies are each gettin... |
| 07.02.2022 | Carbon Capture Startup Verdox Raises $80 Million from Bill Gates’ Breakthrough Energy and Others | Carbon capture and removal startup Verdox announced that it has raised $80 million in committed capital from investors including Bill Gates’ Breakthrough Energy Ventures, Prelude Ventures, and Lowercarbon Capital. The investment will be use... |
| 03.02.2022 | Verdox picks up $80M | Verdox has raised $80 million from investors including Breakthrough Energy Ventures, Prelude Ventures and Lowercarbon Capital. Based in the Boston area, Verdox is a developer of electric carbon capture and removal technology. View round |
| - | Verdox Recently Raised $80 Million In Committed Capital | Verdox recently raised $80 million in committed capital. These are the details. Verdox – an electric carbon capture and removal company – launched recently and announced $80 million in committed capital from a syndicate including Breakthrou... |