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Electra

55 employees

Electra is decarbonizing ironmaking for green steel production using intermittent renewable energy and low-grade iron ores.

Basic info

Industry

mining

Sectors

Renewable Energy
Industrial
Energy

Date founded

2020

Funding rounds raised

Total raised

$85M

from 10 investors over 10 rounds

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Electra raised undisclosed on April 17, 2023

Investors: Bloomberg New Energy Finance

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Electra raised undisclosed on December 8, 2022

Investors: Nucor Steel

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Electra raised $85M on October 6, 2022

Investors: Temasek, Capricorn Investment Group, Amazon.com, Lowercarbon Capital, Valor Equity Partners, S2G Ventures, Baruch Future Ventures and Breakthrough Energy Ventures

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