Electra Secures $30M in New Capital to Accelerate Commercial Production


About Electra:
Electra is reinventing ironmaking from the ground up with a breakthrough clean iron technology that uses chemistry and electricity to convert a broad range of ores into 99% pure iron for high-grade steel, batteries, and advanced applications. Its modular, low temperature system is engineered for flexibility and cost-efficient deployment. Electra is backed by global investors and industry leaders including Baruch Future Ventures, BHP Ventures, Breakthrough Energy Ventures, Builders Vision, Capricorn Investment Group, Climate Pledge Fund, Collaborative Fund, Earth Venture Capital, Hancock Iron Ore, INTERFER Edelstahl Group, LowerCarbon Capital, Nucor, Rio Tinto, S2G Investments, Temasek, Toyota Tsusho Corporation, Valor, and Yamato. To learn more, visit electra.earth and follow Electra on LinkedIn.



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