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    Breaking News

    Verdex Secures Funding to Scale its Proprietary Nanofiber Technology

    Venture capital firm will fund the completion of a commercial manufacturing unit in Richmond, VA

    03.04.22
    Verdex has secured funding to scale its proprietary nanofiber technology. The investment, lead by SOSV, an international venture capital firm which has invested $3.9 million to date, will fund the completion of a commercial manufacturing unit located in Richmond, VA. This investment follows 10 years of customer validation from top-tier nonwoven companies, critical R&D, and patent filings, resulting in a unique functionalized production technology that is capable of producing a wide range of advanced nanofiber products.

    Verdex was founded by Dr. Larry Marshall in 2010. Dr. Marshall who spent his career at DuPont developing and commercializing Tyvek. Verdex uses a proprietary solvent-free process using only low heated air to produce its nanofiber media.

    “One of the most unique abilities in The Verdex Process is our ability to customize and functionalize our nanofibers. This allows Verdex to incorporate particles into the fiber matrix to target specific challenges and problems in multiple industries to create game-changing products.” says Damien Deehan, co-CEO at Verdex.

    As Verdex looks for a disruptive product to go-to-market, the company has concentrated all its efforts in developing a first in class HVAC/HEPA media and product that Verdex believes will be a game-changer for the industry. Unlike current HVAC media which lacks the ability to capture viruses / submicron particles, Verdex’s patented process provides a three-dimensional nanofiber media which combines high submicron particle capture.

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