bostonmetal.comIndustrial / MaterialsFounded: 2012Funding to Date: $1.08B
Boston Metal is a consultancy and solutions company serving steel manufacturers and other related industries with technology aiding them in reducing their carbon footprints. The private company uses Molten Oxide Electrolysis cells to produce liquid iron and ferroalloys, which in turn provide a higher level of decarbonization compared to traditional methods of steel production.
Funding Date | Share Class | Amount Raised | Price per Share | Post-Money Valuation | Key Investors | |
---|---|---|---|---|---|---|
01/30/2024 | Series C-2 | $20MM | $xx.xx | $779.04MM | Marunouchi Innovation Partners | |
Price per Share
$xx.xx
Shares Outstanding
2,102,297
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
0.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Marunouchi Innovation Partners
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09/06/2023 | Series C-1 | $262.13MM | $xx.xx | $779.04MM | Aramco Ventures, Arcelormittal, Baillie Gifford, Breakthrough Energy Ventures, Goehring & Rozencwajg, Microsoft'S Climate Innovation Fund, Prelude Ventures, Siteground Capital | |
Price per Share
$xx.xx
Shares Outstanding
29,099,684
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
0.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Aramco Ventures, Arcelormittal, Baillie Gifford, Breakthrough Energy Ventures, Goehring & Rozencwajg, Microsoft'S Climate Innovation Fund, Prelude Ventures, Siteground Capital
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02/09/2021 | Series B | $50.1MM | $xx.xx | $180.11MM | Bhp Ventures, Breakthrough Energy Ventures, Devonshire Investors, Energy Impact Partners, Ogci Climate Investments, Piva Capital, Prelude Ventures, The Engine, Vale | |
Price per Share
$xx.xx
Shares Outstanding
16,616,910
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
0.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Bhp Ventures, Breakthrough Energy Ventures, Devonshire Investors, Energy Impact Partners, Ogci Climate Investments, Piva Capital, Prelude Ventures, The Engine, Vale
|
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01/10/2019 | Series A | $19.1MM | $xx.xx | $54.57MM | Breakthrough Energy Ventures, Prelude Ventures, The Engine | |
Price per Share
$xx.xx
Shares Outstanding
10,265,506
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
0.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Breakthrough Energy Ventures, Prelude Ventures, The Engine
|