Virdia

Cellulosic Sugars and Lignin for Renewable Chemicals Production

Energy Tech
Acquired (Inactive) by Stora Enso on Jun 2014 - closed due to acquisition
Acquired Herzliya Founded 2007
LinkedIn
Total raised
$36.4M
Last: Series C 2012-03
Stage
Acquired
Founded
2007
Headcount
126
HQ
Herzliya
Sector
Energy Tech

About

Virdia develops cellulosic sugars and lignin for the renewable chemical, bioenergy, and nutrition industries. The companys proprietary CASE process converts a wide range of cellulosic feedstock, including wood, energy crops, and agricultural residues, into highly refined sugars and lignin. The process yields high-purity sugars and high-purity lignin suitable for numerous follow-on conversions. Virdia has a commercial plant in Raceland, Louisiana, that produces xylose from sugar cane bagasse. Virdia has been incorporated into Stora Enso Biomaterials.

Funding history · 2 rounds · $36.4M total

2012-03
Series C $20.0M
2009-06
Series A $5.5M

Sectors & technology

Primary sector
Energy Tech
Sub-sectors
Energy TechEnergy Production & Sources
Business model
B2B

Tags

energyalternative-fuelsbiofuelfuelsrenewable-energynovel-ingredientsagtechfoodtechanimal-feedinglivestock