BHP backs emissions-free steelmaking startup
BHP Ventures took part in Boston Metal's US$50 million Series B, backing the MIT spinout's emissions-free steelmaking technology, with its own stake reported at close to US$10 million.
Company
Every investor coverage indicates participated in a round Boston Metal raised.
Companies Boston Metal acquired or merged with, per published coverage. Buying a company is not investing in one: nothing here counts in the deals column.
| Name | Role | Sources |
|---|---|---|
| Tadeu Carneiro | Chairman and CEO | @AuManufacturing |
Stories naming Boston Metal. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
BHP Ventures took part in Boston Metal's US$50 million Series B, backing the MIT spinout's emissions-free steelmaking technology, with its own stake reported at close to US$10 million.
Analysis of emerging carbon-free steelmaking technologies, covering SSAB's hydrogen pilot plant in Sweden, similar projects by ThyssenKrupp and ArcelorMittal, and Bill Gates backing Boston Metal's electrolysis approach.