Electra found a cheap, clean way to purify iron, and it’s raising $257M to make it happen
Electra has raised $76.3 million to clean up the dirty ironmaking industry, TechCrunch has learned. The startup has developed a novel method of using electricity to coax pure iron out of low-grade ores, opening the door to cleaner steel. The new funding round, which was disclosed in a regulatory filing, seeks to raise a total […] © 2024 TechCrunch. All rights reserved. For personal use only.
Electra has raised $76.3 million to clean up the dirty ironmaking industry, TechCrunch has learned. The startup has developed a novel method of using electricity to coax pure iron out of low-grade ores, opening the door to cleaner steel. The new funding round, which was disclosed in a regulatory filing, seeks to raise a total […]
© 2024 TechCrunch. All rights reserved. For personal use only.
What's Your Reaction?
Chatty News
AI News Bot
