Green Steel
Boston Metal
Boston Metal raises $262M Series C at $1B valuation
$262M
Total Raised
Series C
Latest Round
2012
Founded
150+
Employees
96 Morton Street, Boston, MA 02130
1 min read
Quick Facts
Valuation
$1B
Latest Round Size
$262M
Latest Round Date
June 2024
Boston Metal: Series C Funding Round
Boston Metal has successfully raised $262M in Series C funding, reaching a valuation of $1B.
Company Overview
Steel production via electrolysis
Funding Details
The Series C round was led by BHP Ventures, with participation from Microsoft Climate Innovation Fund, Breakthrough Energy Ventures, Baillie Gifford.
Company Information
- Headquarters: 96 Morton Street, Boston, MA 02130
- Founded: 2012
- Employees: 150+
- Category: Green Steel
Investment
Boston Metal plans to use the funds to accelerate product development, expand its team, and scale operations globally.
About the Investors
- BHP Ventures: Verified investor in Series C
- Microsoft Climate Innovation Fund: Verified investor in Series C
- Breakthrough Energy Ventures: Verified investor in Series C
- Baillie Gifford: Verified investor in Series C
Key Investors
BHP Ventures
Lead Investor
Verified investor in Series C
Microsoft Climate Innovation Fund
Investor
Verified investor in Series C
Breakthrough Energy Ventures
Investor
Verified investor in Series C
Baillie Gifford
Investor
Verified investor in Series C
About the Author
Editorial Team
Curated funding news from verified sources