Electra
Latest round
- Series B
Last raised
- Dec 2024
Total raised
- $180M
Investors
- 15
About Electra
, trading name under Electra, operates as a manufacturer of primary metal committed to decarbonizing ironmaking for green steel production using intermittent renewable energy and low-grade iron ores.P. Morgan. The company electrifies the refinement of low-grade iron ores to high-purity iron by leveraging proven industrial-scale electrochemical and hydrometallurgical processes. Subsequently, pure iron can be converted to steel using electricity-powered arc furnaces (EAFs). Electra generates revenue by selling low-carbon, high-purity iron to steelmakers, advanced purchase agreements, and environmental attribute credits supporting customers’ decarbonization goals across global supply.
Who invested in Electra
15 investors across 1 round
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Funding rounds
Series B
Dec 18, 2024
Amount
$180M
Investors
Questions about Electra
Who invested in Electra?
Electra has 15 investors on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Electra raised?
Electra has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did Electra last raise money?
Electra's most recent round on record is a Series B, in Dec 2024.
What does Electra do?
, trading name under Electra, operates as a manufacturer of primary metal committed to decarbonizing ironmaking for green steel production using intermittent renewable energy and low-grade iron ores.
Where is Electra headquartered?
Electra is headquartered in Boulder, US.
Which VCs invest in companies like Electra?
Among active investors with capital left to deploy, Kimmeridge, GEF Capital Partners, S2G Ventures and CAVU Consumer Partners back materials companies at Electra's stage. Their profiles are linked below.
VCs backing materials startups at Series B
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