H2 Green Steel
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H2 Green Steel

https://www.h2greensteel.com/
Last activity: 09.10.2024
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Categories: BusinessCommerceConstructionDevelopmentEnvironmentalIndustryITProductProductionTechnology
H2 Green Steel (H2GS AB) was founded in 2020, aiming to build a large-scale fossil-free steel production in northern Sweden. H2 Green Steel will produce 5 million tons of fossil-free steel by 2030. By doing this, the company will contribute to the decarbonizing of the European steel industry, one of the largest carbon dioxide emitters. H2 Green Steel will establish operations in Boden and Luleå. The founder and largest shareholder is Vargas, which is also co-founder and one of the largest shareholders in Northvolt.
Likes
529
Followers
3.73K
Website visits
29K /mo.
Mentions
75
Location: Sweden, Stockholm
Employees: 51-200
Total raised: $7.04B
Founded date: 2020

Investors 3

Funding Rounds 5

DateSeriesAmountInvestors
23.01.2024-$4.89B-
15.09.2023-$1.61BKinnevik
19.10.2022-$254.39M-
29.08.2022-$190.6M-
31.05.2021-$105.1M-

Mentions in press and media 75

DateTitleDescription
09.10.2024Baseload Capital joins Cleantech Scale-up Coalition to bolster European competitiveness.Baseload Capital joins Cleantech Scale-up Coalition to bolster European competitiveness. Wed, Oct 09, 2024 09:30 CET Report this content At the Cleantech for Europe Summit in Brussels on September 26, Baseload Capital announced its decision...
27.09.2024EGYM secures $200M, Mubadala acquires stake in Revolut, and the Hungarian tech surgeThis week we tracked more than 90 tech funding deals worth over €1.3 billion, and over 5 exits, M&A transactions, rumours, and related news stories across Europe. In addition to this week's top financials, we've also indexed the most im...
23.09.2024Green Steel Market: USD 117.13 Bn Value, Growth, and Size Forecast (2024-2031) | Ansteel Group, ArcelorMittalGreen Steel Market Size Green steel market is estimated to be valued at USD 4.33 Bn in 2024 and is reach USD 117.13 Bn by 2031, exhibiting a (CAGR) of 60.2% from 2024 to 2031. BURLINGAME, CA, UNITED STATES, September 23, 2024 /EINPresswire....
22.08.20248 European climate tech companies to watchA series of monster funding rounds have boosted fintech and climate tech in particular, and revealingly, many founders are betting on success by taking on high-interest debt, rather than sharing equity with investors. 3 roles to apply for t...
25.07.2024The AI Chip Race: A New Era of Semiconductor Dominance** **** The semiconductor industry is experiencing a seismic shift. Artificial Intelligence (AI) is the driving force behind this transformation. Companies like SK Hynix are riding the wave, posting record profits as demand for AI chips skyrocke...
24.07.2024Midyear Forecast: Top Trends To Watch In H2 2024 — From Chips To AI Funds5 Shares Email Facebook Twitter LinkedIn So far, 2024 has proceeded very much like 2023 in the startup world. AI is still the dominating talk of venture capital, funding is slightly up but most seem unsure if that’s a trend or a passing mom...
18.07.2024Sustainability-Focused Startup Equity Funding Fell In H1 202411 Shares Email Facebook Twitter LinkedIn Those of us who follow climate change news are used to seeing the bad tidings outweigh the good. We’re slogging through what’s shaping as the hottest summer on record. Glaciers are melting at an ala...
28.06.2024NYAB receives order for power line construction worth SEK 122.1 millionNYAB receives order for power line construction worth SEK 122.1 million Fri, Jun 28, 2024 11:47 CET Report this content NYAB has signed a contract for the construction of the new overhead lines from the new Degerträsk station to the steel m...
24.05.2024Cleantech for Europe: EU cleantech debt investment boom in Q1 2024The new “Quarterly Briefing for Q1 2024”, published by Cleantech for Europe, revealed that over the past quarter, two significant key trends emerged: an unprecedented surge in debt investments fueling the growth of cleantech ventures, enabl...
22.05.2024H2 Green Steel supports Lindab in reducing its CO\2\ footprint from steelH2 Green Steel supports Lindab in reducing its CO\2\ footprint from steel Wed, May 22, 2024 09:00 CET Report this content Lindab committed very early to purchasing near-zero emissions steel from H2 Green Steel. The two companies have since ...
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