Boston Metal is a provider of industrial-scale, metals 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 wide array 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.
| Date | Amount | Type | Investors | Valuation |
|---|---|---|---|---|
| 01/10/19 | $20,000,000 | Series A |
Breakthrough Energy Ventures Prelude Ventures The Engine | undisclosed |
| 01/12/21 | $50,000,000 | Series B |
BHP Breakthrough Energy Ventures Devonshire Investors OGCI Climate Initiative Piva Prelude Ventures The Engine | undisclosed |
| 09/06/23 | $262,000,000 | Series C |
Aramco Ventures Baillie Gifford BHP Ventures Breakthrough Energy Ventures Goehring & Rozencwajg M&G Investments Microsoft Climate Innovation Fund Prelude Ventures | undisclosed |
| 01/31/24 | $20,000,000 | Series C-2 |
Marunouchi Innovation Partners | undisclosed |
