MetOx International

Houston, United States · $40.0M raised

Headquarters
Houston, Texas
Employees
51–200
Business Model
B2B
Total Funding
$40.0M
Last Round
$15.0M Extension RoundJan 2026
Rounds
2

About

MetOx International is a Houston, Texas-based manufacturer of High Temperature Superconducting (HTS) wire, operating under the brand name Xeus. The company develops and produces next-generation superconducting conductors designed to carry high electrical current with near-zero energy loss. MetOx's Xeus wire platform is engineered for applications in fusion energy, high-field magnets, AI data center power infrastructure, grid expansion, and next-generation electrification systems. The company is scaling domestic production to meet surging demand from fusion energy developers, hyperscale data center operators, and grid modernization projects. In October 2024, MetOx secured $80 million in U.S. Department of Energy funding to build an advanced HTS wire manufacturing facility. In December 2024, the company announced plans to build a $193.7 million production facility in Chatham County, North Carolina, expected to create 333 jobs.

Summary

MetOx International is a Climate Tech company based in Houston, United States. It has raised $40.0M in total across 2 rounds, most recently a $15.0M Extension Round round in Jan 2026. Investors include Koch Disruptive Technologies, Centaurus Capital and New System Ventures.

Funding History

Extension RoundExtension RoundJan 2026
$15.0M

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

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