Green steel startup Electra raises USD85 million in new fundraising round
The company’s electrolysis technology allows application of iron ore grades unsuitable for existing green steelmaking technologies.
Colorado-based steel decarbonization startup announced via press release on 6 October that it had raised USD85 million from investors including Breakthrough Energy Ventures, Amazon, BHP Ventures, Temasek, S2G Ventures, Capricorn Investment Group, Lowercarbon Capital, Valor Equity Partners, and Baruch Future Ventures.
Thank you for visiting S&P Global AutoTechInsight.
*A subscription to News & Analysis includes four S&P Global-selected sector-specific analytical pieces per month. Access to all analytic pieces across all domains comes with a subscription to All Domains. Please click here to subscribe.
To get access to the AutoTechInsight full suite of services, please contact a sales representative by clicking here.
Already a subscriber? Please log in here
