New
Electra
The AI engine Fit Assessment
BetaElectra develops a low-carbon ironmaking technology for steel production using an electrochemical-hydrometallurgical process, illustrating industrial focus, deep tech, and applicability to energy-intensive steel production.
Blurb
Electra is a a clean iron company that uses a low-temperature, electrochemical-hydrometallurgical system to refine iron ore.
HQ Location
Boulder (United States)
Founded
2020
Employees
51 - 200
Total funding raised
$379.51M
Funding Status
Venture - Series Unknown, April 28, 2026
At Electra, our clean iron technology uses chemistry and electricity to transform iron ore into 99% pure iron. By reinventing ironmaking from the ground up, we’re unlocking one of industry’s toughest challenges, creating skilled jobs, and delivering the critical materials we need.