Boston Metal Closes $262M Series C Funding Round To Decarbonize Steelmaking And Disrupt The Metals Industry
Amount Raised
$262 Million
Round Type
Series C
BostonOtherManufacturingInvestors
Description
Boston Metal, a global metals technology solutions company, today announced the close of its Series C fundraising, bringing the series total to $262 million. New investors include Aramco Ventures, the corporate venturing arm of Aramco; global investment manager M&G Investments; natural resource investment firm Goehring & Rozencwajg; and investment management firm Baillie Gifford. Existing investor Breakthrough Energy Ventures also joined the round, and several others made additional investments in the Series C, including Microsoft’s Climate Innovation Fund, BHP Ventures and Prelude Ventures.
Quick answer
Boston Metal raised $262 Million in a Series C round, dated September 6, 2023. Investors: Ifc, Site Ground Capital, Arcelor Mittal, Prelude Ventures, Bhp Ventures, Microsoft, Breakthrough Energy Ventures and Baillie Gifford. Boston Metal is based in Boston, Massachusetts, United States.
- How much did Boston Metal raise?
- Boston Metal raised $262 Million in a Series C round on September 6, 2023.
- Who invested in Boston Metal?
- Ifc, Site Ground Capital, Arcelor Mittal, Prelude Ventures, Bhp Ventures, Microsoft, Breakthrough Energy Ventures and Baillie Gifford are named as investors in this round.
- 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.
- Elucid raised $79M on October 20, 2023.
- PopChill raised $1.9M (Seed) on October 20, 2023.
- Ai Build raised $8.5M (Series A) on October 19, 2023.
- Mid-States Bolt & Screw Co. raised an undisclosed amount on October 19, 2023.
- Vartega raised $470K (Seed) on October 19, 2023.
- Hempacco raised $1.9M (Seed) on October 19, 2023.
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
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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.
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