Boston Metal, a global metals technology solutions company, announced a $20 million Series C2 investment from Tokyo-based Marunouchi Innovation Partners. The new funding brings the series total to $282 million. With this new capital, Boston Metal expands its presence in Asia, a market accounting for more than 70% of the world’s steel production. Additionally, the funding…
Boston Metal, a company developing technology to fully decarbonize steel production, announced the $120 million first close of Series C fundraising led by multinational steel company, ArcelorMittal S.A. Microsoft’s Climate Innovation Fund and SiteGround Capital also joined as new investors in this round, alongside current investors. ArcelorMittal’s lead investment was made through its XCarb Innovation…