Electra (Iron and Steel Mining)

Boulder, CO · Founded 2020 · Privately Held (backing)

Developer of an alternative steelmaking technology designed to stop carbon dioxide emissions. Electra (Iron and Steel Mining) is based in Boulder, CO and was founded in 2020. Its last reported valuation was $426 million in Dec 2024. It has raised $244 million.

Last reported valuation
$426.0M
Oct 2026
Priced at
—
Total raised
$244.3M
Last round
—

Electra (Iron and Steel Mining) key facts

as of Oct 2026
  • Developer of an alternative steelmaking technology designed to stop carbon dioxide emissions.
  • Electra (Iron and Steel Mining) is valued at approximately $426.0M as of Oct 2026 (last reported valuation).
  • It has raised $244.3M; the latest was Debt - General ($30.0M) in Mar 2026.
  • Notable investors include US National Science Foundation, Greentown Labs, Valor Equity Partners, Collaborative Fund, Temasek Holdings — 24 tracked in total.
  • Status: Privately Held (backing).
Last reported valuation
LOW confidence
$426.0M

Electra (Iron and Steel Mining)'s last reported valuation, Dec 2024. Nothing priced has surfaced since.

set by last reported valuationas of Oct 2026question about this number?
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Electra (Iron and Steel Mining) funding rounds

No rounds on record

No funding rounds for Electra (Iron and Steel Mining) are on record yet — either the company hasn't raised institutional capital, or the raise hasn't surfaced in our sources.

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Electra (Iron and Steel Mining) valuation

Electra (Iron and Steel Mining)'s last reported valuation was $426 million in Dec 2024. No priced round, secondary trade or fund mark has surfaced since.

Electra (Iron and Steel Mining) investors

24 investors are on record for Electra (Iron and Steel Mining), including US National Science Foundation, Greentown Labs, Valor Equity Partners and Collaborative Fund.

About Electra (Iron and Steel Mining)

Developer of an alternative steelmaking technology designed to stop carbon dioxide emissions. The company's technology focuses on electrifying and decarbonizing steelmaking using renewable energy without carbon dioxide emissions, enabling companies to lower the energy intensity for generating sustainability and reducing the cost of the steelmaking process.

Sector
Materials and Resources
HQ
Boulder, CO, United States
Founded
2020
Employees
196
Ownership
Privately Held (backing)

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