Virdia

Redwood City, United States Founded: 2007 • Age: 19 yrs Acquired By STORA ENSO
Cellulosic biomass is converted to fermentable sugars and lignin.

About Virdia

Virdia is a company based in Redwood City (United States) founded in 2007 was acquired by STORA ENSO in July 2014. Virdia has raised $25.1 million across 3 funding rounds from investors including STORA ENSO, Khosla Ventures and Burrill and Company.

  • Headquarter Redwood City, United States
  • Sectors
    Energy & Utilities
  • Email
    β€’β€’β€’β€’β€’β€’β€’β€’
  • Website virdia.com
  • Social LinkedIn
  • Acquired by STORA ENSO (Jul 2014)
Key Metrics
  • Total Equity Funding
    $25.1M (USD)

    in 3 rounds

  • Latest Funding Round
    $20M (USD), Series B

    Mar 2012

  • Investors
    STORA ENSO

    & 4 more

  • Acquired by
    STORA ENSO

    (Jul 2014)

Funding Insights of Virdia

Virdia has successfully raised a total of $25.1M across 3 strategic funding rounds. The most recent funding activity was a Series B round of $20 million completed in March 2012. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding $25.1M
  • Total Rounds 3
  • Last Round Series B β€” $20M
  • First Round $5.1M

    (May 2009)

  • Investors Count 4

All 3 funding rounds of Virdia with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Mar 2012$85MDebt – Venture––
Mar 2012$20MSeries B–Tamar Ventures
May 2009$5.1MSeries A–Burrill and Company, Khosla Ventures
–
Valuation history

5 investors in total: 5 institutional.

Investors in Virdia

Virdia has secured backing from 5 investors, including venture fund and institutional investors. Prominent investors backing the company include STORA ENSO, Khosla Ventures and Burrill and Company.

All
Venture Fund
Institutional
InvestorDescriptionFounded YearDomainLocation
Venture finance services, including debt and equity, are provided to capital-backed companies globally.
–triplepointcapital.com-
Early-stage startups are funded by this venture capital firm.
2004khoslaventures.comMenlo Park, United States
-
–tamarventures.com-
Multi-category products are listed on an online B2B platform.
1994burrillandco.comWuxi, China
Developer of advanced building materials
1972storaenso.comStockholm, Sweden
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Investor details for Virdia

The complete investor list, round-by-round participation and investor portfolios require an active premium plan.

  • Complete investor list
  • Round participation
  • Investor portfolios
  • Co-investor network

Verified entity values are shown only after access is granted.

Timeline of Virdia

4 dated milestones of Virdia across 7 years, from founding to its latest funding, stage changes and deals.

  1. Founded Virdia is founded.
  2. Funding First funding round of $5.1M.
  3. Funding Latest funding round, Series B, of $20.0M.
  4. Exit Acquired by STORA ENSO.

Similar companies to Virdia

10 companies that operate in the same segment as Virdia (Renewable & Sustainable Energy), ranked by their profile score on The Company Check.

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Utility-scale renewable energy projects are developed by Enel X.
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Solar energy projects are developed and operated by Lightsource BP.
2010London, England, United KingdomUSD 417.9 M––
Solar energy solutions and financing are provided for off-grid communities.
2004Nairobi, KenyaUSD 118.02 MUSD 26.54 M103
Solar energy projects are developed for commercial and industrial clients.
2011Mumbai, Maharashtra, IndiaUSD 442.67 MUSD 166.51 M365
Sustainable infrastructure solutions in renewable energy are developed and managed.
1931Alcobendas, Comunidad De Madrid, Spain–USD 1.9 M44
Manufacturer of solar PV modules
1990Mumbai, Maharashtra, IndiaUSD 374.18 MUSD 2.77 B8,690
Sustainable energy solutions are developed and operated worldwide.
2000Chicago, Illinois, United StatesUSD 575 M–1,276
Solar energy services are provided to residential customers nationwide.
2007San Francisco, California, United StatesUSD 296.98 MUSD 2.96 B11,060
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Frequently Asked Questions about Virdia

Virdia was founded in 2007 and raised its 1st funding round 2 years after it was founded.

Virdia is headquartered in Redwood City, United States. It is registered at Redwood City, California, United States.

Virdia is a funded company, having raised a total of $25.1M across 3 funding rounds to date. The company's 1st funding round was a Series A of $5.1M, raised on May 2009.

Founded in 2007 and based in Redwood City, United States, Virdia operates in the clean technology sector focused on biomass processing. Extraction technologies are developed for transforming cellulosic feedstocks, such as wood residues and energy crops, into refined sugars and lignin via the Cold Acid Solvent Extraction process. These intermediates support supply chains for biochemicals, biofuels, plastics, carbon fibers, and nutritional supplements in food and feed applications.

Virdia has 5 investors. Key investors include STORA ENSO, Khosla Ventures, Burrill and Company, TriplePoint Capital, and Tamar Ventures.

Yes. Virdia was acquired by STORA ENSO in July 2014.

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