Verne develops cryo-compressed, high-density hydrogen storage systems aimed at enabling zero-emission heavy-duty vehicles. Its core product focuses on storing hydrogen at higher densities to increase range and practicality for trucks and other heavy-duty applications. The company intends to accelerate development and commercialization of these storage solutions. Verne received $15.5M in strategic funding to support R&D and deployment efforts. The announcement emphasizes the push toward zero-emission heavy-duty fleets but does not include revenue or user metrics.

Total raised

$16M

Funding rounds

1

Latest round

Equity

Latest activity

Apr 2024