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Synopsis
TDK Ventures, an investment firm, led a $25m funding round in Verdagy, an innovating water electrolysis technology for the large-scale production of green hydrogen. "This round of funding will enable Verdagy to continue its scale-up activities and further demonstrate our world-class electrolyzer technology. I appreciate the confidence this group of investors has in our team and have been impressed with their broad insights into the use of green hydrogen for decarbonization across multiple end-uses," Marty Neese, Verdagy CEO.
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