Startups
H2 Green Steel

H2 Green Steel

https://h2greensteel.com

Green and sustainablesteel producer.

Summary

Seedtable Score
  • 64
Locations
Company Size
  • 101 to 250 employees
Last Stage Round
  • Series D

Insights

This section hypothesizes why H2 Green Steel can be a $10 billion dollar company in 10 years, in 10 lines or less.


H2 Green Steel, based in Stockholm, aims to revolutionize the steel industry by focusing on sustainable production methods that significantly reduce carbon emissions. Their business-to-business model aligns with industries under pressure to meet environmental standards and cut carbon footprints. Supported by investors including finance and green tech specialists, H2 Green Steel is well-positioned to meet the rising demand for eco-friendly manufacturing solutions. In an industry known for high carbon emissions, their competitive edge lies in producing steel that exceeds regulatory requirements, potentially saving businesses from environmental penalties. This makes H2 Green Steel a compelling and forward-thinking market player.

Total funding Amount

$5.4B

Fundraising History

  • Jan 22 '24 Series D
    $5B
  • Sep 07 '23 Series D
    $1.6B
  • Oct 01 '22 Series B
    $68M
  • Aug 01 '22 Unknown
    $190M
  • May 01 '21 Series A
    $110M

Investors

  • Société Générale Ventures
    Series D
  • BNP Paribas
    Series D
  • EIC Accelerator
    Series D
  • European Investment Bank
    Series D
  • GIC
    Unknown
  • Investment AB Kinnevik
    Series B
  • Just Climate
    Series D
  • Prima Materia
    Unknown
  • Stena Sessan
    Series A
  • InnoEnergy
    Series A