H2 Green Steel completes strong USD 105 million initial funding round to accelerate the transition into fossil-free steel making
The Swedish green impact company H2 Green Steel (“H2GS”) has raised USD 105 million in Series A equity. H2GS will accelerate the transition into a more sustainable steel production to meet the rapidly growing demand for fossil-free steel. The Series A round underscores a strong interest among a broad range of strategic partners, customers and financial investors.H2GS aims to accelerate the transformation of the European steel industry. The company will be a large-scale steel producer based on a fossil-free manufacturing process primarily targeting large European OEMs. H2GS has been