Green Steel
H2 Green Steel
H2 Green Steel raises $1.5B Series C at $3.5B valuation
Luleå, SwedenMarch 12, 20241 min read
Total Raised
$1.5B
Valuation
$3.5B
Latest Round
Series C
Employees
500+
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
Company Info
Headquarters
Luleå, Sweden
Founded
2020
Team Size
500+
Last Round
$1.5B(Mar 2024)
Investors (8)
A
AltorLeadLead Investor
Verified investor in Series C
I
IMAS FoundationInvestor
Verified investor in Series C
G
GICInvestor
Verified investor in Series C
A
AP1Investor
Verified investor in Series C
A
AP2Investor
Verified investor in Series C
A
AP3Investor
Verified investor in Series C
A
AP4Investor
Verified investor in Series C
T
Temasek HoldingsInvestor
Verified investor in Series C
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