Virdia

About:

Virdia develops cellulosic sugars and lignin for use in the renewable chemicals, bioenergy and nutrition industries.

Website: http://www.virdia.com

Top Investors: Khosla Ventures, TriplePoint Capital, Tamar Ventures, Burrill & Company

Description:

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.

Total Funding Amount:

$25.5M

Estimated Revenue Range:

$10M to $50M

Headquarters Location:

Redwood City, California, United States

Founded Date:

2007-12-01

Contact Email:

info(AT)virdia.com

Founders:

Eran Baniel

Number of Employees:

51-100

Last Funding Date:

2012-03-06

IPO Status:

Private

Industries:

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