Green Steel
H2 Green Steel
H2 Green Steel raises $1.5B Series C at $3.5B valuation
$1.5B
Total Raised
Series C
Latest Round
2020
Founded
500+
Employees
Luleå, Sweden
1 min read
Quick Facts
Valuation
$3.5B
Latest Round Size
$1.5B
Latest Round Date
March 2024
H2 Green Steel: Series C Funding Round
H2 Green Steel has successfully raised $1.5B in Series C funding, reaching a valuation of $3.5B.
Company Overview
Fossil-free steel production
Funding Details
The Series C round was led by Altor, with participation from IMAS Foundation, GIC, AP1, AP2, AP3, AP4, Temasek Holdings.
Company Information
- Headquarters: Luleå, Sweden
- Founded: 2020
- Employees: 500+
- Category: Green Steel
Investment
H2 Green Steel plans to use the funds to accelerate product development, expand its team, and scale operations globally.
About the Investors
- Altor: Verified investor in Series C
- IMAS Foundation: Verified investor in Series C
- GIC: Verified investor in Series C
- AP1: Verified investor in Series C
- AP2: Verified investor in Series C
- AP3: Verified investor in Series C
- AP4: Verified investor in Series C
- Temasek Holdings: Verified investor in Series C
Key Investors
Altor
Lead Investor
Verified investor in Series C
IMAS Foundation
Investor
Verified investor in Series C
GIC
Investor
Verified investor in Series C
AP1
Investor
Verified investor in Series C
AP2
Investor
Verified investor in Series C
AP3
Investor
Verified investor in Series C
AP4
Investor
Verified investor in Series C
Temasek Holdings
Investor
Verified investor in Series C
About the Author
Editorial Team
Curated funding news from verified sources