Tech Company Financing Transactions
Boston Metal Funding Round
On 1/27/2023, Boston Metal raised $120 million in Series C funding from ArcelorMittal, Microsoft Climate Innovation Fund and SiteGround Capital.
Transaction Overview
Company Name
Announced On
1/27/2023
Transaction Type
Venture Equity
Amount
$120,000,000
Round
Series C
Investors
Proceeds Purpose
The company intends to use the funds to expand scale-up of green steel production at its pilot plant and support construction of first commercial plant in Brazil for high-value metals production.
Company Information
Company Status
Private & Independent
Industry
Advanced Materials
Mailing Address
6c Gill St.
Woburn, MA 01801
USA
Woburn, MA 01801
USA
Phone
Undisclosed
Website
Email Address
Overview
Boston Metal is a provider of industrial-scale, metals production solutions utilizing its Molten Oxide Electrolysis (MOE) process. MOE provides the metals industry with a more efficient, lower cost, and greener solution for the production of a wide array of metals and alloys from a wide variety of feedstocks.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Tadeu Carneiro
VP - Administration
Natalie Alarcon
VP - Bus. Development
Adam Rauwerdink
VP - Engineering
Richard Bradshaw
VP - R & D
Guillaume Lambotte
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