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Electra

electra.earth

Founded Year

2020

Stage

Series A | Alive

Total Raised

$113.25M

Last Raised

$85M | 2 mos ago

About Electra

Electra is a steel production industry. Its mission is to electrify and decarbonize steelmaking using renewable energy with zero carbon dioxide emissions while lowering the energy intensity and cost of the steelmaking process. The company was founded in 2020 and is based in Boulder, Colorado.

Headquarters Location

6400 Lookout Road #200

Boulder, Colorado, 80301,

United States

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Expert Collections containing Electra

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Electra is included in 2 Expert Collections, including Carbon Capture, Utilization, and Storage (CCUS).

C

Carbon Capture, Utilization, and Storage (CCUS)

281 items

Companies innovating in the carbon capture, utilization, and storage (CCUS) space. Also includes emissions tracking tools, carbon offset marketplaces, and startups reinventing manufacturing processes to eliminate emissions.

A

Advanced Manufacturing

194 items

Latest Electra News

Bill Gates, Temasek, Walmart Heir’s Family Office, and Others Invest in ElectraSteel

Oct 7, 2022

Boulder, Colorado-based ElectraSteel Incorporated (Electra) is a green iron company. Electra raised US$ 85 million to produce Low-Temperature Iron (LTI) from commercial and low-grade ores using zero-carbon intermittent electricity. Electra’s process emits zero carbon dioxide emissions. Investors in the round include Bill Gates-founded Breakthrough Energy Ventures, Amazon.com, Inc., BHP Ventures, Temasek Holdings, S2G Ventures (Builders…

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Electra Frequently Asked Questions (FAQ)

  • When was Electra founded?

    Electra was founded in 2020.

  • Where is Electra's headquarters?

    Electra's headquarters is located at 6400 Lookout Road, Boulder.

  • What is Electra's latest funding round?

    Electra's latest funding round is Series A.

  • How much did Electra raise?

    Electra raised a total of $113.25M.

  • Who are the investors of Electra?

    Investors of Electra include Temasek, BHP Billiton, Breakthrough Energy Ventures and Amazon.

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