Tech Company Financing Transactions

Verne Funding Round

On 4/18/2024, Verne raised investment from Trucks Venture Capital, Amazon and Collaborative Fund.

Transaction Overview

Company Name
Announced On
4/18/2024
Transaction Type
Venture Equity
Amount
Unknown
Round
Undisclosed
Proceeds Purpose
The company intends to use the funds to accelerate development of their cryo-compressed hydrogen (CcH2) technology for on-board hydrogen storage for heavy-duty vehicles.

Company Information

Company Status
Private & Independent
Industry
Energy & Battery
Mailing Address
115 Stillman Street
San Francisco, CA 94107
USA
Phone
Undisclosed
Email Address
Overview
The Verne co-founders, Ted, David, and Bav came together while at Stanford and UC Berkeley with a vision for improving hydrogen's use as a fuel. Through their research they dove into decades of development led by Lawrence Livermore National Lab and BMW to develop a new, dense form of hydrogen storage: cryo-compression.
Profile
Verne LinkedIn Company Profile
Social Media
Verne Company Twitter Account
Company News
Verne News
Facebook
Verne on Facebook
YouTube
Verne on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Ted McKlveen
  Ted McKlveen LinkedIn Profile  Ted McKlveen Twitter Account  Ted McKlveen News  Ted McKlveen on Facebook
Chief Operating Officer
Bav Roy
  Bav Roy LinkedIn Profile  Bav Roy Twitter Account  Bav Roy News  Bav Roy on Facebook
Chief Technical Officer
David Jaramillo
  David Jaramillo LinkedIn Profile  David Jaramillo Twitter Account  David Jaramillo News  David Jaramillo on Facebook


 

 

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