# Molten Industries

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/molten-industries

- Industry: Power & Utilities
- Headquarters: Oakland, US
- Website: www.moltenindustries.com
- Total disclosed funding: $27M
- Latest round: Series A (Jun 20, 2024)
- Investors on record: 8

## About

Founded in 2021 by its CEO, Kevin Bush, and CTO, Caleb Boyd, and based in California, US, Molten Industries Inc., operates as a provider of hydrogen and carbon-based products, helping decarbonize heavy industries. In October 2022, Molten Industries Inc., raised USD 2.5 million in seed funding from investors Fifty Years, J4.Ventures, Moai Capital, Union Square Ventures, and Unternehmertum Venture Capital. As of 2022, the company operates a 10,000-square-foot facility in Oakland.

The company offers decarbonizing solutions to the steel, fertilizer, fuel, and plastics sectors. It uses white-hot chemical reactors and methane as raw material coming from dairy farms, waste-water treatment plants, and landfills to produce hydrogen and solid carbon by-products that can be used in concrete, paints, plastics, and tires.

## Funding rounds

- Series A, Jun 20, 2024, $25M — Union Square Ventures, Unternehmertum Venture Capital, Sozo Ventures, Breakthrough Energy Ventures, Fifty Years, Moai Capital, Steelhead Capital Management, J4.Ventures
- Seed, Oct 4, 2022, $2M — Union Square Ventures, Unternehmertum Venture Capital, Fifty Years, Moai Capital, J4.Ventures

## Investors

- Union Square Ventures (https://capitalatlas.ai/funds/union-square-ventures) — Seed, Series A
- Unternehmertum Venture Capital (https://capitalatlas.ai/funds/unternehmertum-venture-capital) — Seed, Series A
- Fifty Years (https://capitalatlas.ai/funds/fifty-years) — Seed, Series A
- Moai Capital (https://capitalatlas.ai/funds/moai-capital) — Seed, Series A
- J4.Ventures (https://capitalatlas.ai/funds/j4-ventures) — Seed, Series A
- Sozo Ventures (https://capitalatlas.ai/funds/sozo-ventures) — Series A
- Breakthrough Energy Ventures (https://capitalatlas.ai/funds/breakthrough-energy-ventures) — Series A
- Steelhead Capital Management — Series A