Bill Gates, Temasek, Walmart Heir’s Family Office, and Others Invest in ElectraSteel
Posted on 10/07/2022
Boulder, Colorado-based ElectraSteel Incorporated (Electra) is a green iron company. Electra raised US$ 85 million to produce Low-Temperature Iron (LTI) from commercial and low-grade ores using zero-carbon intermittent electricity. Electra’s process emits zero carbon dioxide emissions. Investors in the round include Bill Gates-founded Breakthrough Energy Ventures, Amazon.com, Inc., BHP Ventures, Temasek Holdings, S2G Ventures (Builders…
