Amount Raised
$50 Million
Round Type
Funding Round
BostonOtherManufacturingDescription
Boston Metal today announced it raised $50 million in Series B funding, positioning the company to accelerate industrial-scale deployments of its molten oxide electrolysis (MOE) technology towards emissions-free steel. The financing was led by Piva Capital, BHP Ventures, and Devonshire Investors, the private investment firm affiliated with FMR LLC, the parent company of Fidelity Investments. Existing investors Breakthrough Energy Ventures, Prelude Ventures, OGCI Climate Investments, and The Engine also participated in the round, reflecting strong ongoing support for the company and its recent progress.
Quick answer
Boston Metal raised $50 Million in a Funding Round round, dated January 11, 2021. Boston Metal is based in Boston, Massachusetts, United States.
- How much did Boston Metal raise?
- Boston Metal raised $50 Million in a Funding Round round on January 11, 2021.
- What does Boston Metal do?
- Boston Metal was formerly known as Boston Electrometallurgical Corporation.
- Where is Boston Metal based and how big is it?
- Boston Metal is based in Boston, Massachusetts, United States. Fundz records about 389 employees.
- Who are the decision-makers at Boston Metal?
- Fundz holds 2 contacts at Boston Metal. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Manufacturing around the same time
Companies in the same sectors as Boston Metal that raised within 45 days of this round, from Fundz verified event records.
- NightWare raised $100K (Seed) on February 25, 2021.
- Cell Foam Solutions Inc raised an undisclosed amount on February 25, 2021.
- Skydio raised $96M on February 25, 2021.
- QUANTUM ENERGY INC. raised $8M on February 25, 2021.
- Smartkem raised $25M on February 24, 2021.
- Trethera raised $3.3M (Seed) on February 24, 2021.
Who to call at Boston Metal, and when
A new round usually means Boston Metal is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Boston Metal raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Boston Metal, from your own LinkedIn network
Works inside ChatGPT and Claude. Ask who to call at Boston Metal. With Fundz connected, it knows.
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Fundz sees it the moment Boston Metal raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
Related People
Boston Metal raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
145 of these a day, filtered to the companies you pick, with the decision-maker attached.
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