H2 Green Steel
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H2 Green Steel

https://www.h2greensteel.com/
Last activity: 18.04.2024
Categories: DevelopmentConstructionCommerceBusinessITIndustryEnvironmentalTechnologyProductionProduct
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.
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529
Followers
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Website visits
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Mentions
64
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 64

DateTitleDescriptionSource
18.04.202410 Swedish startups to watch in 2024With €5.7 billion raised in total in 2023, Sweden took fifth place among the best-performing countri...tech.eu/20...
04.04.2024Q1 2024 shows a resilient quarter for European tech companie...On paper, Q1 2024 looks like a good quarter for investments in Europe, which almost returned to Q1 2...tech.eu/20...
13.03.2024Top climate tech startups from Europe in 2024Read this article in: In response to the urgent need to confront climate change, there has been a no...siliconcan...
23.01.2024Sweden’s H2 Green Steel secures €4.5B to build the world’s f...Read this article in: Stockholm-based H2 Green Steel, a company that aims to decarbonise the steel i...siliconcan...
22.01.2024InvestEU backs €209 million of financing for large-scale pro...The European Investment Bank (EIB) and the Nordic Investment Bank (NIB) will take part in the projec...einpresswi...
22.01.2024H2 Green Steel: KfW IPEX-Bank participates in financing for ...H2 Green Steel Boden plant, Sweden Landmark green steel project We’re delighted to support our new c...einpresswi...
22.01.2024Investors pour money into green steelBanks, investors and governments are funneling money into major players with plans to produce low-ca...axios.com/...
22.01.2024H2 Green Steel raises more than €4 billion in debt financing...H2 Green Steel raises more than €4 billion in debt financing for the world’s first large-scale green...news.cisio...
18.01.2024From Batteries To Building Materials, Green Manufacturing St...11 Shares Email Facebook Twitter LinkedIn Modern humanity’s carbon-spewing ways probably have their ...news.crunc...
16.01.2024KIRCHHOFF Automotive and H2 Green Steel in €130 million deal...KIRCHHOFF Automotive and H2 Green Steel in €130 million deal for supply near zero emissions steel Tu...news.cisio...
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