Stegra

MaterialsSeries BStockholm, Swedenstegra.com

Latest round

Series B

Last raised

Oct 2022

Total raised

$363M

Investors

20

About Stegra

Based in Stockholm, Sweden, and founded in 2020, H2 Green Steel (H2GS AB) presently known as Stegra AB, operates as a decarbonized steel producer by using automation, digitalization, and artificial intelligence., Lingotto Innovation Management LLP, Scania CV AB, Schaeffler Group, Security Trading, Stena Metall Finans, and Swedbank Robur. Stegra's core product is green steel, produced through a process that replaces traditional coal-based methods with green hydrogen. This allows the company to refine iron ore into steel with zero carbon emissions, emitting only water vapor. Stegra’s Boden plant is producing this sustainable steel by utilizing green hydrogen and renewable electricity.

Who invested in Stegra

20 investors across 3 rounds

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Funding rounds

  1. Series B

    Oct 19, 2022

    Amount

    $68M

    Investors

    Locked

  2. Series B

    Aug 29, 2022

    Amount

    $190M

    Investors

    Locked

  3. Series A

    Apr 26, 2021

    Amount

    $105M

    Investors

    Locked

Questions about Stegra

Who invested in Stegra?

Stegra has 20 investors on record across 3 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Stegra raised?

Stegra has raised 3 venture rounds. Sign up free to see how much each round raised and the total.

When did Stegra last raise money?

Stegra's most recent round on record is a Series B, in Oct 2022.

What does Stegra do?

Based in Stockholm, Sweden, and founded in 2020, H2 Green Steel (H2GS AB) presently known as Stegra AB, operates as a decarbonized steel producer by using automation, digitalization, and artificial intelligence.

Where is Stegra headquartered?

Stegra is headquartered in Stockholm, Sweden.

Which VCs invest in companies like Stegra?

Among active investors with capital left to deploy, Mundi Ventures, Partech Partners, Mirova and Anterra Capital back materials companies at Stegra's stage. Their profiles are linked below.

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