Boston Metal raises $51M from investors for green steel plant

Today, Boston Metal announced a $51 million convertible note investment from existing investors including BHP Ventures, Breakthrough Energy Ventures, Piva Capital and SiteGround. Underscoring sustained investor confidence in Boston Metal’s #team, #technology and #business strategy, funds from the note will support the critical metals plant in #Brazil and reinforce the company’s continued development of its green steel solution. Learn more in this recent Axios article: https://lnkd.in/gCp6yK2U Read the full press release: https://lnkd.in/g-K_SK92

Eden Higgins

Founder/ Recruiter | Renewable Energy, Energy Transition, Data Center Recruiting

1mo

Congrats! 🎉

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Luiz Sérgio de Carvalho

Senior Advisor & Mining and Metallurgical Expert in Non-Ferrous Metals

1mo

Is very clear for us that MOE is a good solution where there are abundant , clean , and cheap electric energy and low grade iron ore , and actually it TRL is in level 6 when needs to achieve 9 , how much more time is necessary to achieve this ???BHP now is in test of ESF (Electric Smelting Furnace ) .

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Muito interessante parabéns aos envolvidos muito sucesso.

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Emily Knight

CEO & President at The Engine

1mo

Congrats Tadeu Carneiro and the entire Boston Metal team! 🎉

Christopher Fiumara

Chief Marketing & Business Development Officer

1mo

Congrats!!! Testament of Boston Metal people 💪 🙏

Carlos Castro

President at Atlas PP Machining Inc

1mo

Congrats! 🎉

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Ludovic Ferrand

Future Industry Lab Manager at ENGIE

1mo

Congrat’s Boston Metal Guillaume LAMBOTTE, great promising technology, as discussed in our Emerging sustainable tech report this year. https://innovation.engie.com/en/emerging-sustainable-technologies-2025

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Johanna Haggstrom, PhD

Strategic Global R&D Executive l Technological Innovation l Operational Excellence | High-Performing Teams | Cross-Functional Integration | Advisory Board Member | Mentor

1mo

Congrats to the entire team - excited to see where this money will take you!

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