Deals Counterparts

Electra Secures $85M Series B to Scale Zero-Carbon Iron Production

Investment Hydrogen announced United States Nov 14, 2025
USD85M
Deal Value

Electra, a company focused on zero-carbon iron production using renewable energy, secured $85 million in a Series B funding round. Investors included Blackstone, BHP Ventures, Breakthrough Energy Ventures, DCVC, General Catalyst, and Temasek. The funding will support the scaling of Electra's technology.

Source Intelligence

KEY DETAILS

The funding will support the scaling of Electra's technology.

Deal Size
USD85M Deal Value
Location
United States
Announcement
Announced Nov 14, 2025
PARTIES MENTIONED IN SOURCE
B
Blackstone investor

"Investors included Blackstone"

B
BHP Ventures investor

"Investors included Blackstone, BHP Ventures"

B
Breakthrough Energy Ventures investor

"Investors included Blackstone, BHP Ventures, Breakthrough Energy Ventures"

D
DCVC investor

"Investors included Blackstone, BHP Ventures, Breakthrough Energy Ventures, DCVC"

G
General Catalyst investor

"Investors included Blackstone, BHP Ventures, Breakthrough Energy Ventures, DCVC, General Catalyst"

T
Temasek investor

"Investors included Blackstone, BHP Ventures, Breakthrough Energy Ventures, DCVC, General Catalyst, and Temasek."

E
Electra developer

"Developer Electra company"

high quality Enriched Feb 19, 2026

Timeline

Announced
Nov 14, 2025
Signed
Closed

Market Context

This deal is part of the Hydrogen sector in United States.
110
Hydrogen deals
565
deals in United States
1 of 110 Hydrogen deals tracked this month · Updated daily

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