Molten Industries raised $25M in a Series A funding led by Breakthrough Energy Ventures to produce clean graphite and hydrogen.
Molten Industries raised $25M in a Series A funding led by Breakthrough Energy Ventures to produce clean graphite and hydrogen.
06/20/24, 2:04 PM
Location
oaklandMoney raised
$25 million
Industry
renewable energy
energy
Round Type
series a
Investors
Peter Attia, Jane Woodward, Uvc Partners, Moai Capital, J4 Ventures, 50 Years, Union Square Ventures, Steelhead Capital, Mark Heising, Sozo Ventures, Breakthrough Energy Ventures
Molten Industries, a fast-growing American start-up, has successfully closed a 25 million dollar Series A financing round. The funding will be used to build its first modular commercial reactor in Oakland and become a leading producer of graphite for lithium-ion batteries and clean hydrogen to decarbonize the chemical and steel industries.