# Verne

> Verne is a San Francisco climate-tech company building high-density cryo-compressed hydrogen (CcH2) storage and power systems. Founded in 2020 by Stanford and UC-Berkeley alumni, Verne developed a method to store hydrogen at up to 73 g/L - roughly 33% denser than liquid hydrogen and 87% denser than 700-bar compressed gas - without the cost of full liquefaction. After proving the technology on the world's first CcH2-powered Class 8 truck in 2024, Verne has expanded into turnkey zero-emission on-site power, targeting data centers, ports, construction sites and EV charging with modular hydrogen-to-power systems.

- **Founded:** 2020
- **Headquarters:** San Francisco, California, United States
- **Founders:** Ted McKlveen (Co-founder & CEO), David Jaramillo (Co-founder & CTO), Bav Roy (Co-founder & COO)
- **Team size:** ~26 employees
- **Products:** Cryo-compressed hydrogen (CcH2) storage tanks, CcH2 refueling equipment, Off-grid hydrogen-to-power systems
- **Notable:** Demonstrated the world's first cryo-compressed hydrogen (CcH2) Class 8 truck in Southern California (2024), driving hundreds of miles with on-site CcH2 refueling., Set a world record with a 29 kg CcH2 storage tank demonstrated at Lawrence Livermore National Laboratory (2023)., Achieved hydrogen storage density of up to 73 g/L - 33% above liquid hydrogen, 87% above 700-bar compressed gas.

## Products & services

- **Cryo-compressed hydrogen (CcH2) storage tanks** — Onboard and stationary tanks that store hydrogen at up to 73 g/L - about 33% denser than liquid hydrogen and 87% denser than 700-bar compressed gas - by combining compression with cryogenic temperatures.
- **CcH2 refueling equipment** — Fueling systems that convert gaseous hydrogen into cryo-compressed hydrogen for rapid, high-density refueling of heavy-duty vehicles.
- **Off-grid hydrogen-to-power systems** — Turnkey modular power blocks pairing hydrogen fuel and storage with fuel-cell or hydrogen generators to deliver zero-emission on-site electricity for data centers, ports, EV charging and construction.

## Achievements

- Demonstrated the world's first cryo-compressed hydrogen (CcH2) Class 8 truck in Southern California (2024), driving hundreds of miles with on-site CcH2 refueling.
- Set a world record with a 29 kg CcH2 storage tank demonstrated at Lawrence Livermore National Laboratory (2023).
- Achieved hydrogen storage density of up to 73 g/L - 33% above liquid hydrogen, 87% above 700-bar compressed gas.
- Raised ~$15.5M from Amazon, United Airlines, Caterpillar, Trucks VC, Collaborative Fund and others.
- Selected for ARPA-E funding for energy-efficient cryo-compression technology.
- Announced first U.S. manufacturing facility in Muncy, Pennsylvania (2025), creating 61+ jobs.

## Latest updates

- **2025-12** — Signed a 10-year hydrogen purchase agreement with Vema Hydrogen to supply carbon-free mineral hydrogen for data center power generation starting as early as 2028.
- **2025-07** — Announced $4.5M investment to build its first U.S. manufacturing facility at Marcellus Energy Park in Muncy, Pennsylvania, creating at least 61 jobs.
- **2025-05** — Began offering zero-emission off-grid on-site power generation, partnering with an equipment rental company to deploy hydrogen power nationwide.
- **2024-04** — Closed strategic fundraise led by Trucks Venture Capital, bringing total funding to ~$15.5M.

## Links

- Website: https://www.verne-power.com
- LinkedIn: https://www.linkedin.com/company/vernepower

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Profile page: https://yespress.io/verne
Published by YesPress — https://yespress.io
Last updated: 2026-06-27