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$30.0m

Series A

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Early VC

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Early VC

$50.0m

Early VC
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Grant
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$25.0m

Valuation: $250m

Series A
Total Funding$105m

Recent News about Viridos

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More about Viridos
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Viridos is a biotechnology startup that is focused on developing advanced biofuel technology to mitigate climate change. The company's primary product is algal biofuel, a renewable energy source that offers a solution for industries struggling to decarbonize. Viridos operates in the renewable energy market, specifically in the biofuel sector, serving clients across various industries that are seeking sustainable energy alternatives.

The company's business model revolves around the development and commercialization of its proprietary algal biofuel technology. It generates revenue by selling this biofuel to industries that are transitioning away from fossil fuels. Viridos has also formed a strategic partnership with ExxonMobil, a major player in the energy sector, to bring algae biofuel to the global stage. This partnership is aimed at decarbonizing heavy transportation, a sector that has traditionally been reliant on fossil fuels.

In addition to its biofuel technology, Viridos has developed a proprietary RNA replicon platform for creating innovative vaccines and therapeutics. This platform uses advanced genomics and bioengineering to selectively stimulate the immune system and deliver targeted therapies produced within the body.

The company's mission is to replace unsustainable systems with products and processes that reduce greenhouse gas emissions, ultimately contributing to a future where everyone can thrive. Every position at Viridos supports this higher purpose of mitigating climate change.

Keywords: Biotechnology, Biofuel, Algae, Renewable Energy, Climate Change Mitigation, Decarbonization, Heavy Transportation, ExxonMobil Partnership, RNA Replicon Platform, Sustainable Systems.

Tech stack

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Investments by Viridos

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