Environment and Energy

October 14, 2022
Electra Startup Secures Funding for Low-Temp Iron Production
Written by Becca Moczygemba
Green iron startup company Electra has raised $85 million to support its production of low-temperature iron (LTI). The process will utilize commercial and low-grade ores and zero-carbon electricity.
The Boulder, Colo.- based company focuses on iron refining without a green premium and is backed by various organizations, including the Bill Gates-founded Breakthrough Energy Ventures, Amazon, BHP Ventures and others.


