Boston Metal

Description

Decarbonizes steel via molten oxide electrolysis; replaces blast furnaces with green electricity. MIT spinout.

Related

• AmbriLiquid-metal batteries for long-duration grid storage. MIT spinout; founded by Donald Sadoway and David Bradwell.
• ITM PowerBuilds PEM electrolysis systems and large-scale green hydrogen plants for customers in transport and industry seeking decarbonisation and…
• Stiesdal HydrogenBuilds modular HydroGen Electrolysers for rapid, outdoor installation; used by project developers and EPCs as a standardised electrolysis…
• Saltfoss Energy ApSDevelops the seaMSR-100 molten salt reactor and shipyard-produced floating power platforms for coastal and industrial customers needing…
• GE Vernova — SchenectadyGE Vernova provides energy technologies including wind, grid upgrades, and flexible gas power solutions to help electric power customers…
• Hertha MetalsDevelops technology to modernize iron and steel production, supporting more efficient, scalable, and cost-effective metals making for steel…
• GaltTec OÜGaltTec develops solid oxide fuel cells for unmanned aerial vehicles.
• Ceres PowerWe license solid oxide fuel cell and electrolyser technology to global partners for power generation and hydrogen production, serving…
• StegraBuilds a fully integrated, digitalized, circular steel plant producing near-zero emission steel; used by automotive and industrial…
• Form EnergyMulti-day iron-air battery storage (100 hours) for grid resilience. ~$2B+ raised.
• AMAZEMET Sp. z o. o.Develops and delivers ultrasonic atomization devices and compact high‑vacuum furnaces for metal additive manufacturing; used by researchers…
• Terrestrial EnergyTerrestrial Energy develops the Integral Molten Salt Reactor, an advanced nuclear reactor intended to provide reliable, emission-free,…

Timeline

1. Feb 2025series-c-plus · $262M · led by ArcelorMittalbostonmetal.com ↗