Boston Metal
Team size: 51 - 200
Sector: Energy
About Boston Metal
Company revenue: US$ 100 - 500 million
Investors: ArcelorMittal, Energy Impact Partners, National Science Foundation, Piva Capital, Vale
Company stage: Series C Plus
Boston Metal is a metallurgy company developing technology to reduce the carbon footprint of steel production. The company provides industrial-scale, metal production solutions utilizing its Molten Oxide Electrolysis (MOE) process. MOE provides the metals industry with a more efficient, lower-cost, and greener solution for the production of a widearray of metals and alloys from a wide variety of feedstocks. Boston Metal was spun out of MIT in 2012 with an investment from Ingo Wender and has since scaled the technology 1,000x and produced thousands of kilograms of metal. Boston Metal’s headquarters and industrial development center are located in Woburn, MA.