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United States Clean Iron Startup Electra Raised $129 Million in New Funding, Total of $214 Million Raised from Investors Including Singapore Temasek, Nucor, Baruch Future Ventures, BHP Ventures, Breakthrough Energy, Capricorn Investment Group, Climate Pledge Fund & Lower Carbon Capital, Founded in 2020 by Sandeep Nijhawan & Quoc Pham
25th April 2025 | Hong Kong
United States clean iron startup Electra has raised $129 million in new funding, with total of $214 million raised from investors including Singapore Temasek, Nucor, Baruch Future Ventures, BHP Ventures, Breakthrough Energy, Capricorn Investment Group, Climate Pledge Fund & Lower Carbon Capital. Electra was founded in 2020 by Sandeep Nijhawan & Quoc Pham. Profile – At Electra, we make clean iron through a low-carbon process that uses chemistry and renewable energy to transform iron ore into 99% pure iron. By reinventing how we make iron, we can address one of the hardest-to-abate industrial processes, create skilled jobs, and supply the materials we need to build the future we want.
“ United States Clean Iron Startup Electra Raised $129 Million in New Funding, Total of $214 Million Raised from Investors Including Singapore Temasek, Nucor, Baruch Future Ventures, BHP Ventures, Breakthrough Energy, Capricorn Investment Group, Climate Pledge Fund & Lower Carbon Capital, Founded in 2020 by Sandeep Nijhawan & Quoc Pham “
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United States Clean Iron Startup Electra Raised $129 Million in New Funding, Total of $214 Million Raised from Investors Including Singapore Temasek, Nucor, Baruch Future Ventures, BHP Ventures, Breakthrough Energy, Capricorn Investment Group, Climate Pledge Fund & Lower Carbon Capital, Founded in 2020 by Sandeep Nijhawan & Quoc Pham
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