ArcelorMittal

ArcelorMittal

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Investment Firm

Overview

ArcelorMittal specializes in mining and building steel. They develop technologies to reduce the carbon footprint of steel. They serve various industries including automotive, construction, household appliances, and packaging.

Highlights

Founded

2006

Industry

Manufacturing

Employees

10001+

Investment

13

Lead Investment

5

Exits

3

Stages

Late Stage Venture, Seed, Early Stage Venture

Investor Type

N/A

Location

Luxembourg, Luxembourg, Luxembourg, Europe

Contact Information

Social

Profile Resume

ArcelorMittal, established in 2006 and headquartered in Europe., specializes in Late Stage Venture, Seed, Early Stage Venture investments across Manufacturing, Solar, Renewable Energy, Enterprise Software, Financial Services, Venture Capital, Finance, Incubators, Information Technology, Health Care. The organization boasts a portfolio of 12 investments, with an average round size of $218.1M and 3 successful exits. Their recent investments include Solyndra, U.S. Venture Partners, Redpoint, Kleiner Perkins, VantagePoint Capital Partners. The highest investment round they participated in was $243.0B. Among their most notable exits are Solyndra and U.S. Venture Partners. Explore their portfolio in detail, see who is connected to them, and find their contact information on our platform.

Employees

imagePlace Lakshmi Mittal

Lakshmi Mittal

Founder, Chief Executive Officer and President

imagePlace Bhikam Agarwal

Bhikam Agarwal

Head of finance

imagePlace Brian Aranha

Brian Aranha

Head of strategy and commercial coordination Americas

imagePlace Vijay Bhatnagar

Vijay Bhatnagar

Chief executive officer, ArcelorMittal India and China

imagePlace Benjamin Baptista

Benjamin Baptista

Chief executive officer, Flat Carbon South America

imagePlace Henri Blaffart

Henri Blaffart

Head of HR and corporate services

Investment portfolio

ArcelorMittal has made 13 investments. Their most recent investment was on Mar 12, 2024, when Vallourec raised $1043.7M.

ArcelorMittal has made 4 diversity investments. Their most recent diversity investment was on Feb 10, 2023, when LanzaTech raised $185.0M.

investments

13

Diversity investments

4

Lead investments

5

Number of exits

3

Investments

13

Annouced DateOrganization NameIndustryMoney Raised
Jan 27, 2023
Boston Metal Boston Metal
CleanTech120.0M
Feb 10, 2023
LanzaTech LanzaTech
CleanTech185.0M
Jul 04, 2023
CHAR Technologies CHAR Technologies
Technical Support5.0M
Mar 12, 2024
Vallourec Vallourec
Energy1043.7M

Exits

3

Funding Timeline

Funding rounds

13

Investors

1

Funds

1

Funding Rounds

13

ArcelorMittal has raised 13 rounds. Their latest funding was raised on Mar 12, 2024 from a Post-IPO Secondary - Vallourec round.

Annouced DateTransaction NameNumber of InvestorsMoney RaisedLead Investor
Jan 27, 2023
Series C - Boston Metal Series C - Boston Metal
-120.0M-
Feb 10, 2023
Post-IPO Equity - LanzaTech Post-IPO Equity - LanzaTech
-185.0M-
Jul 04, 2023
Post-IPO Equity - CHAR Technologies Post-IPO Equity - CHAR Technologies
-5.0M-
Mar 12, 2024
Post-IPO Secondary - Vallourec Post-IPO Secondary - Vallourec
-1043.7M-

Investors

5

Investor NameLead InvestorFunding RoundMoney Raised
-No
Post-IPO Debt - ArcelorMittal
2200.0M
-Yes
Grant - ArcelorMittal
305.6M
-Yes
Post-IPO Debt - ArcelorMittal
0
-No
Post-IPO Debt - ArcelorMittal
989.3M

Fund raised

2

Susa Ventures has raised a total of $590M across 6 funds, their latest being Susa Ventures Opportunities II. This fund was announced on Aug 30, 2021 and raised a total of $250M.

Annouced DateFund NameMoney Raised
May 10, 2013
fund image OTPPLESS
1.0M
May 11, 2013
fund image OTPPLESS
1.0M

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