Tech Company Financing Transactions

Molten Industries Funding Round

Breakthrough Energy Ventures, Fifty Years and private investors participated in a $25 million Series A capital raise for Molten Industries. This venture round closed on 6/20/2024.

Transaction Overview

Company Name
Announced On
6/20/2024
Transaction Type
Venture Equity
Amount
$25,000,000
Round
Series A
Proceeds Purpose
The company intends to use the funds to build its first modular commercial reactor in Oakland and become a producer of graphite for lithium-ion batteries and clean hydrogen to decarbonize the chemical and steel industries.

Company Information

Company Status
Private & Independent
Industry
Advanced Materials
Mailing Address
1391 West Grand Avenue 2
Oakland, CA 94607
USA
Phone
Undisclosed
Email Address
Overview
Molten is on a mission to decarbonize the world's chemical and heavy industries. Driven by a vision to push the final frontier of decarbonization, we started building white-hot chemical reactors in a garage at Stanford. Our simple process, now running at pilot scale in our facility in West Oakland, cracks methane at blazing hot temperatures into hydrogen and graphite using renewable electricity.
Profile
Molten Industries LinkedIn Company Profile
Social Media
Molten Industries Company Twitter Account
Company News
Molten Industries News
Facebook
Molten Industries on Facebook
YouTube
Molten Industries on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Kevin Bush
  Kevin Bush LinkedIn Profile  Kevin Bush Twitter Account  Kevin Bush News  Kevin Bush on Facebook
Chief Technical Officer
Caleb Boyd
  Caleb Boyd LinkedIn Profile  Caleb Boyd Twitter Account  Caleb Boyd News  Caleb Boyd on Facebook


 

 

Browse more venture capital transactions:

Prev: 6/20/2024: Soot venture capital transaction
Next: 6/20/2024: iOnctura venture capital transaction

 

Share this article

 


Where The Data Comes From

We do our best to report on all VC transactions involving tech companies. VC transactions on this site are sourced from news reports and company announcements. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


Additional Resources for Entrepreneurs

Lists of Venture Capital and Private Equity Firms

Franchise Opportunities

Contributors

Business Glossary