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Electra

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Year established

2020

Location

Boulder CO US

Primary Industry

Materials

About

Founded in 2020 and based in Colorado, US, ElectraSteel Incorporated 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. 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).
Current Investors
Temasek Holdings, Capricorn Investment Group, Valor Equity Partners

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Primary Industry
Materials
Sub Industries
Steel & Metals
Website
www.electra.earth
Verticals
Manufacturing
Company Stage
Series A
Total Amount Raised
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