Green steel production using green hydrogen.
| Date | Round | Amount |
|---|---|---|
| Jan 2024 | Growth Stockholm-based H2 Green Steel secured about EUR 6.5B (debt, equity and an EU grant) to build the world's first large-scale green steel plant in Boden, Sweden. | $7B |
| Jan 2024 | Funding round Swedish startup H2 Green Steel raised €4.5B (€4.2B debt, €300M equity, plus a €250M EU grant) to build the world's first large-scale green steel plant in Boden. | $4.9B |
| Sep 2023 | Growth Stockholm-based H2 Green Steel raised EUR1.5B, co-led by Hy24 with Altor, GIC and Just Climate, to build the world's first large-scale green steel plant. | $1.6B |
| Oct 2022 | Debt Stockholm-based H2 Green Steel secured support for EUR3.5B in debt financing from BNP Paribas, ING, UniCredit, Societe Generale, KfW IPEX-Bank, SEK and the EIB for its green steel mill. | $3.5B |
| Oct 2022 | Series B Stockholm-based H2 Green Steel closed its Series B at EUR260M, co-led by AMF, GIC and Schaeffler with Altor, and new investors Hitachi Energy, Kobe Steel and Kinnevik. | $260M |
| May 2021 | Series A Swedish green-steel company H2 Green Steel raised a $105M Series A from Vargas, Altor, EIT InnoEnergy, Mercedes-Benz, Scania, Kingspan and other strategic investors. | $105M |
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Data is community-curated and may be incomplete.