Boston Metal logo — company profile

Boston Metal

Founded 2012 United States Woburn, United States 314 employees Series C Total: $352.75M Industrial, Manufacturing

General Information

Company Name Boston Metal
Founded Year 2012
Location United States Woburn, United States +1
Employees 314
Industries Industrial, Manufacturing
Funding Stage Series C
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About Boston Metal

Boston Metal is a pioneering company founded in 2012, leading the charge towards a sustainable future in the manufacturing industry. Their groundbreaking Molten Oxide Electrolysis (MOE) technology is set to revolutionize primary steel production by eliminating carbon emissions. This innovation presents a more efficient, cost-effective, and environmentally friendly solution for producing various metals and alloys from an extensive range of feedstocks. The company recently secured a significant $20.00M Series C investment on 30 January 2024, with Marunouchi Innovation Partners as the primary investor. Headquartered in the United States, Boston Metal is well-positioned to drive transformation and sustainability in the global metals industry.

Taxonomy: Metallurgy, Steel production, Carbon emissions reduction, Molten Oxide Electrolysis, Green technology, Industrial-scale production, Metal alloys, Feedstocks, Investment, Startup, MIT spinoff, High-temperature engineering, Materials science, Electrochemical processes, Industrial development

Funding Rounds & Investors (10)

View All
Funding Stage Amount Investors Lead Investors Date
Series C •••••• 1 •••• •••• 30 Jan 2024
Series C •••••• 8
Investor Investor Investor Investor Investor Investor Investor Investor
06 Sep 2023
Series C •••••• 1
Investor
30 May 2023
Series C •••••• 3
Investor
•••• ••••
27 Jan 2023
Series B •••••• 10
Investor Investor Investor Investor Investor Investor
•••• ••••
07 Jan 2021

View All 10 Funding Rounds

Boston Metal Alternatives & Competitors

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FAQ About Boston Metal

Boston Metal is commercializing Molten Oxide Electrolysis (MOE), a tonnage metals technology platform powered by electricity, to decarbonize steelmaking and transform how metals are made. MOE provides the metals industry with a scalable, cost-competitive and green solution for the production of ste...
Boston Metal was founded in 2012.
Boston Metal is headquartered in Woburn, United States.
Boston Metal operates in the following industries: Industrial, Manufacturing.
Boston Metal has approximately 314 employees.
Boston Metal has completed 10 funding rounds, raising a total of $352.75M. The latest funding stage is Series C.
Top alternatives and competitors to Boston Metal include Asier Metals, Astro Sheet Metal Co, Inc., Phoenix Tailings, Direct Metals Company, LLC, Nationwide Architectural Metals. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Boston Metal and Asier Metals are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

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