Last updated 2026-06-18
- Acquired by Stora Enso, Jun 2014
- Raised $20M funding round, Mar 2012
- Raised $10M funding round, Jan 2010
Total raised
$36.4M
Last: 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 · 4 rounds · $36.4M total
2012-03
2011-01
Grant
$900K
2010-01
$10.0M
2009-06
Q&A
- What is Virdia's primary business?
- Virdia develops cellulosic sugars and lignin for the renewable chemical, bioenergy, and nutrition industries, utilizing its proprietary CASE process to convert various cellulosic feedstocks into refined sugars and lignin.
- When was Virdia founded?
- Virdia was founded in December 2007.
- 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.
- What was the total amount of funding Virdia raised?
- Virdia raised a total of $36,400,000 USD.
- Which investors participated in Virdia's March 2012 funding round?
- In March 2012, Khosla Ventures and Tamar Ventures participated in Virdia's funding round.
- What is Virdia's primary sector?
- Virdia's primary sector is Energy Tech.
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
| 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
Radar intelligence
Patents
| EPO | 36 |
|---|
Publications (Crossref)
| Works | 1 |
|---|