The Verne co-founders, Ted, David, and Bav, founded Verne to develop innovative energy solutions.
Verne was initially focused developing a novel hydrogen technology platform. Verne was successful in this effort, signing contracts with global industrial leaders, securing patents, and completing first-of-kind commercial pilots.
However, just as demand for hydrogen stalled, demand for energy innovation from data centers became too large to ignore.
In 2025, Verne pivoted to focus on providing a turnkey power service to data centers. Verne is deploying energy infrastructure to meet the immediate energy needs of data centers and developing innovative technology solutions that increase the sustainability of firm, industrial power.
January 2026
Verne is proud to be recognized as one of the top 100 innovators on the GlobalCleantech100!
Verne was recognized under the Energy & Power group for our work developing on-site power and cooling solutions that meet the speed, efficiency, reliability and sustainability needs of the data center industry.
Read more and access the full report: https://cleantech.com/the-global-cleantech-100/
June 2022
We are excited to announce investments from Amazon’s Climate Pledge Fund, Collaborative Fund, and Caterpillar Venture Capital Inc. as part of our Seed Round.
Verne’s mission is to accelerate the shift to zero emissions by delivering high-density hydrogen solutions for transportation. We’re grateful for our investors’ support for this ambitious mission.
April 2022
A new 10-part series “Solving for Zero,” inspired by BE Founder Bill Gates’ book How to Avoid a Climate Disaster, premieres today on Wondrium. Each episode explores tangible solutions that will help us combat climate change.
The series also features teams across the Breakthrough Energy network who are working to reduce global emissions – including BEV portfolio companies Ecocem Ireland, Commonwealth Fusion Systems, Malta Inc, and Boston Metal, and BE Fellows project Verne.
Watch the full series on Wondrium to learn about the people behind the innovations that are driving us toward a net-zero future. More from Bill Gates: https://nt-z.ro/3xvlzQh
April 2022
The Verne team was pleased to join the inaugural CaFCP Hydrogen Village at the Sacramento State Capitol. It's great to see steady progress from Hyundai, Toyota, Kenworth, Cummins, Nikola and Hyzon on their H2 tech for zero-emission Class 8 trucks.
Thanks to the California Fuel Cell Partnership for organizing the day and to our friends in the H2 industry for swinging by to say hello.
December 2021
The Verne co-founders are honored to be recognized on the Forbes 30 under 30 Energy list. We are grateful to the wider Verne community for your support as we build a zero-emission future for heavy duty transport
https://www.forbes.com/30-under-30/2022/energy?profile=verne
October 2021
Recognizing that the world can’t reach net-zero emissions by 2050 with existing technologies alone, the Breakthrough Energy Fellows (BE Fellows) program works with the best and brightest scientists, engineers, business experts, and teams from around the globe. The BE Fellows program provides early investment and support needed to accelerate the path from innovation to commercialization.
The 2021 inaugural BE Fellows cohort comes from leading research and business institutions in North America, Europe, and New Zealand, and will receive support from Breakthrough Energy to foster groundbreaking climate innovations in electrofuels, cement, steel, hydrogen, and fertilizer.
Ted, David and Bav at Verne will specifically use their BE Fellows support to reduce emissions in one of the hardest sectors to decarbonize — heavy-duty transportation.
This new program is part of the Breakthrough Energy network, founded by Bill Gates.
September 2021
The Verne team is excited to join the Fall 2021 cohort of The Engine's Blueprint program.
