Electra
Founded Year
2020Stage
Corporate Minority | AliveTotal Raised
$113.25MAbout Electra
Electra is a steel production company. It focuses on electrifying and decarbonizing 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.
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ESPs containing Electra
The ESP matrix leverages data and analyst insight to identify and rank leading companies in a given technology landscape.
The green steel developers market focuses on producing green steel, also known as sustainable or low-carbon steel, using processes that significantly reduce carbon emissions compared to traditional methods. This market aims to drive sustainability in the steel industry by utilizing renewable energy sources, advanced technologies, and carbon capture techniques. By investing in green steel developer…
Electra named as Challenger among 4 other companies, including H2 Green Steel, Boston Metal, and GreenMet.
Research containing Electra
Get data-driven expert analysis from the CB Insights Intelligence Unit.
CB Insights Intelligence Analysts have mentioned Electra in 2 CB Insights research briefs, most recently on Sep 12, 2023.
Sep 12, 2023
The climate tech in industrials market map
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).
Carbon Capture, Utilization, and Storage (CCUS)
355 items
Companies in the Carbon Capture Utilization and Storage (CCUS) space, including those that are developing technologies to capture, utilize, and store carbon, as well as those creating carbon negative products.
Advanced Manufacturing
242 items
Latest Electra News
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…
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 Corporate Minority.
How much did Electra raise?
Electra raised a total of $113.25M.
Who are the investors of Electra?
Investors of Electra include Nucor, Amazon, Temasek, BHP Billiton, S2G Ventures and 3 more.
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- See competitors' playbooks
- Stalk the smart money
- Identify tomorrow's challengers
- Spot growing industries
- Kill analyst data work
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