Mark Verhagen, Founder of RIFT

About Mark Verhagen

Mark Verhagen is the CEO and Co-Founder of RIFT (Renewable Iron Fuel Technology), an Eindhoven-based startup. He successfully launched RIFT in 2020 and has since guided the company through multiple funding rounds, including a €11M Series A and an €83M Series B. In 2022, he was recognized as a Breakthrough Energy Fellow.

Mark Verhagen at a glance

• Company: RIFT
• Total raised: $104M
• Latest round: Series B
• Investors: PGGM Infrastructure, Breakthrough Energy, EU Innovation Fund, Invest-NL, Rubio Impact Ventures, Brabant Development Agency (BOM)
• Location: Eindhoven, Netherlands

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