Last updated 2026-07-26
- Acquired by Stora Enso for $33M, Jun 2014
- Raised $20M Series C led by Tamar Ventures, Feb 2012
- Raised $5.5M Series A led by Khosla Ventures, May 2009
Total raised
$25.5M
Last: Undisclosed Round 2012-03
Stage
Acquired
Founded
2007
Headcount
126
HQ
Herzliya, Israel
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 · $25.5M total
2012-02
C Round
$20.0M
★ Tamar Ventures★ Khosla Ventures★ Burrill & Company
2009-05
A Round
$5.5M
★ Khosla Ventures★ Burrill & Company
Q&A
- What is Virdia's primary business?
- Virdia develops cellulosic sugars and lignin for the renewable chemical, bioenergy, and nutrition industries, utilizing a proprietary CASE process to convert lignocellulosic biomass into refined sugars and lignin.
- When was Virdia founded?
- Virdia was founded in December 2007.
- What was Virdia's former name?
- Virdia was formerly known as HCL CleanTech.
- What is Virdia's current status?
- Virdia was acquired by Stora Enso in June 2014 and is currently inactive, having been incorporated into Stora Enso Biomaterials.
- Where is Virdia's headquarters located?
- Virdia's headquarters is located in Herzliya, Center District, Israel.
- How much funding did Virdia raise in total?
- Virdia raised a total of $36,400,000 across multiple funding rounds.
- When was Virdia acquired and by whom?
- Virdia was acquired by Stora Enso in June 2014 for $33,000,000.
- What is the employee count for Virdia?
- Virdia has an employee count in the 51-200 range.
Sectors & technology
Primary sector
Energy Tech
Sub-sectors
Energy TechEnergy Production & Sources
Business model
B2B
Tags
energyalternative-fuelsbiofuelfuelsrenewable-energynovel-ingredientsagtechfoodtechanimal-feedinglivestock
Full data — links, identifiers, deals & radar signals (jobs, patents, research, more)
External links
| linkedin.com/company/2554098 |
Identifiers & details
| Legal name | VIRDIA LTD |
|---|---|
| Former names | HCL CleanTech |
| Founded | 2007-12 |
| Employees (exact) | 126 |
| Status reason | Acquired (Inactive) by Stora Enso on Jun 2014 - closed due to acquisition |
Acquisitions & public offerings
Acquired by Stora Enso 2014-06 $33.0M
Radar intelligence
Patents
| EPO | 36 |
|---|
Publications (Crossref)
| Works | 1 |
|---|
Israeli Companies Registrar (רשם החברות / ICA)
| Registrar # (ח.פ.) | 514064229 |
|---|---|
| Status | בפרוק מרצון — CLOSED |
| Corp type | ישראלית חברה פרטית |
| Incorporated | 2007-12-18 |
| Purpose | לעסוק בכל עיסוק חוקי |
| Liability | מוגבלת |
| In violation (unfiled) | yes |
| Last annual report | 2018 |
| Active charges / liens | 0 |
| Registry events | 1 — dissolution (1) |
| Closure date | 2026-04-29 |
| Registered address | פריש דניאל 3 תל אביב - יפו |
Recent registry events
| Date | Event |
|---|---|
| 2026-04-29 | פירוק מרצון |