Boston Metal

Innovative metals processing

Boston, United States · Founded 2012 · $505.0M raised

Employees
201–500
Founded
2012
Business Model
B2B
Total Funding
$505.0M
Last Round
$51.0M Convertible NoteJul 2025
Rounds
6

About

Boston Metal is commercializing Molten Oxide Electrolysis (MOE), an electrified tonnage metals platform technology to produce low-carbon steel from iron ore and recover critical metals from mining and industrial waste. Scalable and modular, MOE transforms metals production sustainably. Headquartered in Woburn, Massachusetts, with a subsidiary in Brazil.

Summary

Boston Metal is a Climate Tech company based in Boston, United States, founded in 2012. It has raised $505.0M in total across 6 rounds, most recently a $51.0M Convertible Note round in Jul 2025. Investors include Marunouchi Innovation Partners, Breakthrough Energy Ventures and ArcelorMittal.

Tech & App Stack

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Funding History

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ConvertibleConvertible NoteJul 2025
$51.0M

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Series B through Convertible Note — per-round amounts, valuations, and who invested in each round.

Investors

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