WebBoston Metal is commercializing a revolutionary one-step process to decarbonize steel production using clean electricity, helping to eliminate ~10% of the world’s carbon … WebJan 27, 2024 · Boston Metal, an MIT spinout working to curb emissions from steelmaking, on Friday said it raised $ 120 million in Series C funding to expand green steel production in Massachusetts and beyond.. International steel giant ArcelorMittal led the investment round, which also included Microsoft’s Climate Innovation Fund and SiteGround Capital. With …
U.S. company gets $120 million boost to make
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CEO of Boston Metal talks decarbonizing the steel industry
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