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Stegra

The AI engine Fit Assessment

Beta

The company operates an integrated, digitalized steel plant using green hydrogen, green iron, and green steel technologies to decarbonize the energy-intensive steel industry, demonstrating industrial-scale, deep-tech capabilities.

Blurb

Stegra operates a steel production plant to accelerate the decarbonization of the steel industry using green energy.

HQ Location

Stockholm (Sweden)

Founded

2020

Employees

201 - 500

Total funding raised

$12.59B

Funding Status

Private Equity, $1.63B, April 12, 2026

Operator of a steel production plant, intended to decarbonise the European steel industry, accelerate decarbonisation, and deliver large-scale fossil-free steel production. The company's plant provides a fully integrated, digitalised, and automated greenfield steel plant by bringing together raw materials, renewable energy, local expertise, and artificial intelligence, which replaces carbon dioxide-intensive coal with green hydrogen, water, and heat, becoming the primary emission, enabling clients to have access to fossil-free steel at a leading cost position.