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EARLY STAGE
 
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Team

Management: Tim Manning (SVP Operations);  Robert P Jansen (CTO)
Outside board: Zohar Gilon (Tamar Technologies Ventures Managing Director) Samir Kaul (Khosla Ventures General Partner) Colin Veitch (Princess Cruises Former CFO)Greg Young (Burrill & Company Managing Director)
Company

Business description: Virdia has developed a proprietary platform for cost-effectively extracting highly refined sugars and lignin from a variety of cellulosic feedstocks. Founded in 2007, Virdia is a private, VC-backed, leading developer of extraction technologies for conversion of cellulosic biomass to highly refined fermentable sugars and high quality lignin. Virdia's founders, Professor Avraham Baniel and Professor Aharon Eyal, have for many years pioneered a number of now standardized extraction processes used in industries worldwide. The Company is led by a seasoned management team with decades of industrial-scale manufacturing experience in industrial biotech, chemicals and sugar production.
Customers include: Mississippi Development Authority
Capital

Rounds: 1
Recent fundings: Mar 2012
Capital raised: 20.0M
Last Round: 20.0M
Ownership: Private  
VCs include: BurrillAndCompanyKhosla VenturesTriplePoint Capital;  Tamar Ventures

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Overview
Record updated: Mar 2014
Sector: Clean Technology
Year Founded: 2007
Rounds: 1
Recent fundings: Mar 2012
Capital raised: 20.0M
Last Round: 20.0M
Ownership: Private