Tech Company Financing Transactions
Verde Clean Fuels Funding Round
Diamondback Energy joined a $50 million venture round for Verde Clean Fuels. The round was announced on 12/19/2024.
Transaction Overview
Company Name
Announced On
12/19/2024
Transaction Type
Venture Equity
Amount
$50,000,000
Round
Undisclosed
Investors
Proceeds Purpose
Proceeds purposes were not disclosed.
Company Information
Company Status
Private & Independent
Industry
Alternative Energy
Mailing Address
711 Louisiana Street 2160
Houston, TX 77002
USA
Houston, TX 77002
USA
Phone
Website
Email Address
Overview
Originally founded in 2007 as Primus Green Energy, a number of years have been spent researching and developing our patented STG+® technology. Our demonstration facility has completed over 10,500 hours of demonstration plant operations. Today, Verde Clean Fuels is leading the introduction of lower-carbon gasoline to the market with the objective of decarbonizing the transportation fuels sector.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Ernest Miller
Chief Financial Officer
George Burdette
Chief Technical Officer
John Doyle
VP - Bus. Development
Rohn Crabtree
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We report on every notable VC transaction. VC transactions on this site are sourced from news reports and company announcements. The information is sourced from VentureDeal.com, an affiliated venture.
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