# Ted McKlveen

> Ted McKlveen is the Co-Founder and CEO of Verne, a San Francisco-based clean energy company pioneering cryo-compressed hydrogen (CcH2) technology to decarbonize heavy-duty transportation and off-grid power. He graduated summa cum laude in Chemistry from Harvard and earned an MBA from Stanford GSB (2021), where he co-founded Verne. Under his leadership, Verne unveiled the world's first CcH2 Class 8 heavy-duty truck, secured backing from Amazon's Climate Pledge Fund and United Airlines Ventures, raised $15.5M total, and expanded into a new Pennsylvania manufacturing facility creating 61 jobs.

- **Role:** Co-Founder & CEO at Verne
- **Organizations:** Verne, Stanford Graduate School of Business, Breakthrough Energy Fellows, Bain & Company, Advanced Microgrid Solutions
- **From:** Minnesota, United States
- **Nationality:** American
- **Education:** AB in Chemistry (summa cum laude), Harvard University, MBA (Arjay Miller Scholar, Social Innovation Fellow), Stanford Graduate School of Business
- **Known for:** Forbes 30 Under 30 Energy (2022), Stanford GSB Arjay Miller Scholar, Stanford GSB Social Innovation Fellow

## Career timeline

- **~2011** — Graduated summa cum laude from Harvard with AB in Chemistry; worked in chemistry lab on energy storage molecules for redox flow batteries
- **~2012-2017** — Management Consultant at Bain & Company
- **~2017-2019** — Employee at Advanced Microgrid Solutions, working on renewable energy
- **2019** — Enrolled at Stanford Graduate School of Business
- **2020** — Co-founded Verne with Bav Roy (MBA '21) and David Jaramillo; identified the missing middle of the hydrogen value chain - storage and distribution
- **2021** — Graduated Stanford GSB MBA; named Arjay Miller Scholar; Verne named one of Poets & Quants' Most Disruptive MBA Startups
- **2021** — Received Breakthrough Energy Fellowship (fall 2021)
- **2022** — Verne founders named Forbes 30 Under 30 Energy list
- **2024-04** — Verne closes $15.5M total funding round led by Trucks VC with Amazon Climate Pledge Fund, United Airlines Ventures Sustainable Flight Fund, Collaborative Fund, and Newlab
- **2024** — Verne demonstrates world's first cryo-compressed hydrogen Class 8 heavy-duty truck in Southern California; drove hundreds of miles across multiple refueling events
- **2025-03** — LLNL and Verne demonstrate highly efficient hydrogen densification pathway with 50% energy savings vs. small-scale liquefaction
- **2025-07** — Verne announces new manufacturing facility in Muncy, Pennsylvania with Governor Shapiro; 61 new jobs, $1.27M in state support, $4.5M facility

## Achievements

- Forbes 30 Under 30 Energy (2022)
- Stanford GSB Arjay Miller Scholar
- Stanford GSB Social Innovation Fellow
- Breakthrough Energy Fellow (2021)
- Poets & Quants Most Disruptive MBA Startups 2021
- Led Verne to $15.5M total funding including Amazon Climate Pledge Fund and United Airlines Ventures
- Unveiled world's first cryo-compressed hydrogen Class 8 heavy-duty truck (2024)
- Demonstrated cryo-compressed hydrogen at 87% greater density than 700 bar compressed gas
- Partnered with Lawrence Livermore National Laboratory on hydrogen densification breakthrough
- Established Pennsylvania manufacturing facility creating 61 jobs

## Latest updates

- **2025-07** — Verne announces new manufacturing facility in Muncy, Pennsylvania, creating 61 jobs, with Governor Shapiro's backing and $1.27M in state support.
- **2025-03** — LLNL and Verne demonstrate hydrogen densification pathway with 50% energy savings, confirming that cryo-compressed hydrogen can break the density-cost trade-off.
- **2025-01** — Verne begins offering zero-emission on-site power generation services for ports, EV charging, construction, and data centers.
- **2024-12** — Verne successfully demonstrates world's first cryo-compressed hydrogen Class 8 heavy-duty truck in Southern California testing.
- **2024-04** — Verne closes strategic fundraise totaling $15.5M including Amazon Climate Pledge Fund and United Airlines Ventures Sustainable Flight Fund.

## Links

- Website: https://verne-power.com
- LinkedIn: http://www.linkedin.com/in/ted-mcklveen-08023448

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Profile page: https://yespress.io/ted-mcklveen
Published by YesPress — https://yespress.io
Last updated: 2026-05-13