BREAKING: Verne demonstrates world's first cryo-compressed hydrogen Class 8 truck 73 g/L storage density - 33% denser than liquid hydrogen $15.5M raised: Amazon - United Airlines - Caterpillar - Trucks VC First U.S. factory lands in Muncy, Pennsylvania 10-year hydrogen deal with Vema to power data centers by 2028 World-record 29 kg tank demonstrated at Lawrence Livermore BREAKING: Verne demonstrates world's first cryo-compressed hydrogen Class 8 truck 73 g/L storage density - 33% denser than liquid hydrogen $15.5M raised: Amazon - United Airlines - Caterpillar - Trucks VC First U.S. factory lands in Muncy, Pennsylvania 10-year hydrogen deal with Vema to power data centers by 2028 World-record 29 kg tank demonstrated at Lawrence Livermore
YesPress Dossier // Climate & Hardware

VERNE

The company that decided diesel shouldn't get cleaner - it should disappear. Verne squeezes hydrogen cold and tight, then sells the result as fuel, as range, and now as raw power.

Verne logo
THE WORDMARK // A six-letter name borrowed from a writer who imagined journeys nobody thought possible. Fitting for a company storing hydrogen at densities the textbooks called impractical.
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grams H₂ per liter
$15.5M
total funding raised
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kg world-record tank
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PA factory jobs
The Dispatch

A gas that hates being stored, finally pinned down

Hydrogen is the lightest element in the universe, which makes it wonderful to burn and miserable to keep. It slips through metal. It wants enormous tanks. The two usual fixes - crushing it to 700 bar or chilling it to a liquid - each come with a tax: the first eats space, the second eats money. Verne, a San Francisco company of roughly two dozen people, took a third road. It compresses hydrogen and chills it at the same time. The result, called cryo-compressed hydrogen, reaches the energy density of liquid hydrogen without paying the full liquefaction bill.

The number Verne likes to quote is 73 grams per liter - about 33% more than liquid hydrogen and 87% more than ordinary compressed gas. On a truck, density is destiny: it decides how far you go before you stop. Verne's bet is that if you make hydrogen dense enough and cheap enough, the hardest-to-electrify machines on earth - the Class 8 trucks, the port loaders, the ships and the planes - will quietly trade their diesel for something that leaves nothing behind but water.

It is a tidy thesis. What makes Verne interesting is that they went and proved the inconvenient part.

The Physics, Visualized

Same hydrogen, three ways to hold it

Storage density, grams of H₂ per liter - higher is farther
700-bar compressed gas~39 g/L
Liquid hydrogen~55 g/L
Verne cryo-compressed (CcH₂)up to 73 g/L

Approximate figures for illustration. Verne cites a maximum density of 73 g/L - a 33% gain over liquid and 87% over 700-bar gas.

Verne's mission is to decarbonize the most challenging sectors of the economy.
— Verne company statement
The Product Line

What you can actually buy

Storage

CcH₂ Tanks

Onboard and stationary vessels that store hydrogen at up to 73 g/L by marrying compression with cryogenic cold. The thing that gives a hydrogen truck a usable range.

Refueling

Filling Equipment

Novel fueling systems that take ordinary gaseous hydrogen and turn it into cryo-compressed hydrogen on the spot - the pump end of the equation, demonstrated in the field.

Power

Hydrogen-to-Power

Turnkey modular power blocks pairing fuel, storage and generators into zero-emission off-grid electricity for data centers, ports, EV charging and construction sites.

The Turn

From killing diesel to feeding the grid you can't reach

In late 2024, Verne did the thing every hydrogen-trucking startup promises and few deliver: it ran a real Class 8 truck on cryo-compressed hydrogen across Southern California, hundreds of miles, refueled in the field with its own equipment. The world's first. Proof, not a render.

Then came the pivot that tells you these founders read the room. Around 2025, the loudest customer in the economy stopped being trucking and started being electricity itself - AI data centers, drawing power faster than utilities can string wire. Verne noticed that a company good at storing dense hydrogen and turning it into energy doesn't have to stop at wheels. It launched off-grid on-site power, signed an equipment-rental partner to deploy nationwide, and in December 2025 inked a ten-year deal with Vema Hydrogen for carbon-free mineral hydrogen - aiming to power data centers as early as 2028.

Same chemistry. New customer. The truck was the demo; the grid is the market.

The Record

Milestones

2020
Founded in San Francisco by Ted McKlveen, David Jaramillo and Bav Roy.
2022
ARPA-E backs Verne's energy-efficient cryo-compression program.
2023
World-record 29 kg CcH₂ storage tank demonstrated at Lawrence Livermore National Laboratory.
April 2024
Strategic raise led by Trucks VC brings total funding to ~$15.5M.
Late 2024
World's first cryo-compressed hydrogen Class 8 truck runs in Southern California.
May 2025
Launches zero-emission off-grid on-site power; partners with an equipment-rental fleet.
July 2025
Announces first U.S. factory at Marcellus Energy Park, Muncy, PA - 61+ jobs.
Dec 2025
10-year hydrogen supply deal with Vema to power data centers by 2028.
The People

Three founders, one chemistry trick

Ted McKlveen
Co-founder & CEO
Stanford GSB (MBA '21). Came from a strategy role at a renewable-energy startup; leads sales and partnerships - and the case that diesel should go extinct.
David Jaramillo
Co-founder & CTO
Ph.D. from UC-Berkeley. The technical co-founder behind the cryo-compression approach; runs Verne's tech innovation.
Bav Roy
Co-founder & COO
Engineering background plus an MBA. Turns lab records into deployable systems and keeps operations moving.
The Backers

Who wrote the checks

~$15.5M total, including grant funding
Trucks Venture Capital Amazon Climate Pledge Fund United Airlines Ventures Caterpillar Venture Capital Collaborative Fund Newlab Breakthrough Energy Fellows ARPA-E U.S. Army SBIR Alberta Innovates
Cryo-compressed hydrogen reaches the energy density of liquid hydrogen - without the cost of liquefying it.
— The Verne thesis, in one line
Marginalia

Things worth knowing

The Reading Room

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