# Anferra

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/anferra

- Industry: Environmental Services
- Headquarters: Goteborg, Sweden
- Website: www.anferra.com
- Total disclosed funding: $0.5M
- Latest round: Seed (Jun 25, 2026)
- Investors on record: 2

## About

Based in Sweden, Anferra specializes in transforming hazardous steel grinding sludge into valuable resources, primarily high-purity iron chloride and hydrogen gas, serving the steel and chemical industries with innovative recycling solutions.Anferra, founded in 2024, operates out of Gothenburg, Sweden. The company focuses on the recycling of hazardous waste from steel processing into valuable products. It has completed 2 deals and raised a total of SEK 4.7 mn in funding, with the latest round being a Seed round led by Chalmers Ventures and Stephen Industries.Anferra specializes in a unique hydrometallurgical process that transforms hazardous steel grinding sludge into valuable resources, primarily high-purity iron chloride and hydrogen gas. This innovative approach targets the steel and chemical industries, offering solutions that enable steel processing companies to significantly reduce landfill usage and disposal costs. By converting hazardous waste into a usable product, Anferra supports chemical producers in replacing virgin iron with recycled iron in the production of iron chloride, which plays a crucial role in water treatment applications. Their customer base includes steel manufacturers and chemical producers located primarily in North America and Europe, where the demand for sustainable and circular economy practices is on the rise.Anferra's revenue model is structured around B2B transactions, where they engage directly with industrial clients such as steel processing facilities and chemical producers. The company generates income through the sale of its flagship products, including high-purity iron chloride and hydrogen gas, which are essential for water treatment and energy generation, respectively. Transactions typically occur through contractual agreements, where clients purchase these products to meet their manufacturing and regulatory needs. Pricing structures are aligned with the market demand for recycled materials and the environmental benefits of utilizing Anferra's services, encouraging partnerships that foster long-term supply relationships while addressing sustainability challenges in the steel and chemical sectors.Anferra plans to utilize its recent Seed funding of SEK 4.7 mn to enhance its product offerings and expand its market reach. The company is developing new products aimed at further improving the efficiency of its recycling processes, with anticipated launches in the next 12 months. Additionally, Anferra is focusing on expanding its operations into new geographic regions, particularly targeting markets in Asia by 2025. This strategy aims to increase the global footprint of their innovative solutions and meet the rising demand for sustainable practices in the industrial sector.

## Funding rounds

- Seed, Jun 25, 2026, $0.5M — Chalmers Ventures, Stephen Industries

## Investors

- Chalmers Ventures (https://capitalatlas.ai/funds/chalmers-ventures) — Seed
- Stephen Industries — Seed