Boston Metal
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Overview
Boston Metal is a metallurgy company developing technology to reduce the carbon footprint of steel production. The company provides industrial-scale, metal production solutions utilizing its Molten Oxide Electrolysis (MOE) process. MOE provides the metals industry with a more efficient, lower-cost, and greener solution for the production of a wide array of metals and alloys from a wide variety of feedstocks. Boston Metal was spun out of MIT in 2012 with an investment from Ingo Wender and has since scaled the technology 1,000x and produced thousands of kilograms of metal. Boston Metal’s headquarters and industrial development center are located in Woburn, MA.
About
Industries
CleanTech, Manufacturing, Building Material, Industrial Manufacturing
Founded
2012
Employees
101-250
Headquarters locations
United States, North America
Social
N/A
Profile Resume
Boston Metal headquartered in United States, North America, operates in the CleanTech, Manufacturing, Building Material, Industrial Manufacturing sector. The company focuses on CleanTech and has secured $56.4B in funding across 160 round(s). With a team of 101-250 employees, Boston Metal is actively contributing to advancements in CleanTech. Their latest funding round, Series C - Boston Metal, raised $20.0M. Discover more about their projects, partnerships, and impact on our platform.
Employees
N/A
Funding Rounds
Funding rounds
10
Investors
1
Lead Investors
0
Total Funding Amount
$352.7M
Details
7
Boston Metal has raised a total of $352.7M in funding over 7 rounds.
| Announcement date | Transaction name | Number of Investors | Money raised | Lead Investor |
|---|---|---|---|---|
| 2023 | Late Stage Venture | 120.0M | ||
| 2023 | Late Stage Venture | 20.0M | ||
| 2023 | Late Stage Venture | 122.0M | ||
| 2024 | Late Stage Venture | 20.0M |
Investors
Boston Metal is funded by 56 investors.
| Investor Name | Lead Investor | Funding Round | Partners |
|---|---|---|---|
| Baillie Gifford | - | FUNDING ROUND - Baillie Gifford | 122.0M |
| Ichiro Miyoshi | - | FUNDING ROUND - Ichiro Miyoshi | 20.0M |
| Boston Metal | - | FUNDING ROUND - Boston Metal | 20.0M |
| Marunouchi Innovation Partners | - | FUNDING ROUND - Marunouchi Innovation Partners | 20.0M |
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