Hertha Metals is producing steel at lower cost, with ore-grade flexibility, and with significantly reduced emissions than conventional methods, using fully domestic iron ore and natural gas. Hertha is reshoring iron and steel production, enabling more jobs, and providing manufacturers with access to cost-competitive, high-quality steel and iron while meeting sustainability goals. The company partners with steel producers and supplies critical high-purity iron to rare-earth magnet manufacturers, helping secure domestic supply chains and advance American manufacturing competitiveness.

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Funding Events

Date	Amount	Type	Investors	Valuation
10/19/26	$133,650,000	Series A	CEV Doerr Capital Gates Frontier Khosla Ventures Niterra Ventures Pear Ventures Siemens Financial Services Toyota Ventures	undisclosed