Boston Metal Overview
- Year Founded
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2013

- Status
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Private
- Employees
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300

- Latest Deal Type
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Series C2
- Latest Deal Amount
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$20M
- Investors
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27
Boston Metal General Information
Description
Operator of a global metal technology company intended to commercialize molten oxide electrolysis for high-volume steel production. The company's technology utilizes an electrolytic cell to process raw iron ore and produce ferroalloys, a margin material used to produce certain grades of steel, enabling the metal industry to have an efficient, low-cost, and greener aid for the production of a wide variety of metals and alloys from a wide variety of feedstocks.
Contact Information
Website
www.bostonmetal.comCorporate Office
- 6A Gill Street
- Woburn, MA 01801
- United States
Corporate Office
- 6A Gill Street
- Woburn, MA 01801
- United States
Boston Metal Timeline
Boston Metal Valuation & Funding
Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
---|---|---|---|---|---|---|
14. Later Stage VC (Series C2) | 30-Jan-2024 | $20M | Completed | Generating Revenue | ||
13. Later Stage VC (Series C) | 06-Sep-2023 | Completed | Generating Revenue | |||
12. Later Stage VC (Series B) | 09-Feb-2021 | Completed | Generating Revenue | |||
11. Accelerator/Incubator | 16-Jun-2020 | Completed | Generating Revenue | |||
10. Grant | 31-Dec-2019 | Completed | Generating Revenue | |||
9. Grant | 31-Dec-2018 | Completed | Generating Revenue | |||
8. Later Stage VC (Series A) | 01-Dec-2018 | Completed | Generating Revenue | |||
7. Grant | 01-Aug-2018 | Completed | Generating Revenue | |||
6. Grant | 01-Jan-2018 | $450K | $6.77M | Completed | Generating Revenue | |
5. Grant | 31-Dec-2017 | $1.15M | $6.77M | Completed | Generating Revenue |
Boston Metal Cap Table
Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
---|---|---|---|---|---|---|---|---|
Series C | ||||||||
Series B | ||||||||
Series A | 13,638,936 | $0.001000 | $1.86 | $1.86 | 1x | $1.86 | 14.29% |
VC Exit Predictor
See how our proprietary methodology utilizes historical data sets to synthesize the likelihood of an acquisition, IPO, or no exit event. Get a detailed look at the calculations behind our predictions.
Boston Metal Comparisons
Industry
Financing
Details
Boston Metal Competitors (9)
One of Boston Metal’s 9 competitors is Aubert & Duval, a Private Equity-Backed company based in Paris, France.
Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
---|---|---|---|---|---|---|
Aubert & Duval | Private Equity-Backed | Paris, France | ||||
Blastr Green Steel | Venture Capital-Backed | Oslo, Norway | ||||
North American Stainless | Formerly PE-Backed | Ghent, KY | ||||
California Steel Industries | Corporate Backed or Acquired | Fontana, CA | ||||
Alliance Steel ( Distributors/Wholesale) | Corporation | Gary, IN |
Boston Metal Patents
Boston Metal Recent Patent Activity
Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
---|---|---|---|---|---|
US-20240392457-A1 | Molten oxide electrolysis methods and related systems | Pending | 25-May-2023 | ||
EP-3679178-A1 | Systems and methods for molten oxide electrolysis | Active | 18-Sep-2017 | ||
JP-7093580-B2 | Systems and methods for melt oxide electrolysis | Active | 18-Sep-2017 | ||
JP-2020534501-A | Systems and methods for molten oxide electrolysis | Active | 18-Sep-2017 | ||
AU-2022200687-A1 | Systems and methods for molten oxide electrolysis | Active | 18-Sep-2017 | C25C3/08 |
Boston Metal Signals
Boston Metal Investors (27)
Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
---|---|---|---|---|
Aramco Ventures | Corporate Venture Capital | Minority | ||
ArcelorMittal | Corporation | Minority | ||
Baillie Gifford | Growth/Expansion | Minority | ||
Goehring & Rozencwajg Associates | Asset Manager | Minority | ||
International Finance Corporation | Impact Investing | Minority |
Boston Metal FAQs
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When was Boston Metal founded?
Boston Metal was founded in 2013.
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Where is Boston Metal headquartered?
Boston Metal is headquartered in Woburn, MA.
-
What is the size of Boston Metal?
Boston Metal has 300 total employees.
-
What industry is Boston Metal in?
Boston Metal’s primary industry is Other Metals, Minerals and Mining.
-
Is Boston Metal a private or public company?
Boston Metal is a Private company.
-
What is Boston Metal’s current revenue?
The current revenue for Boston Metal is
. -
How much funding has Boston Metal raised over time?
Boston Metal has raised $359M.
-
Who are Boston Metal’s investors?
Aramco Ventures, ArcelorMittal, Baillie Gifford, Goehring & Rozencwajg Associates, and International Finance Corporation are 5 of 27 investors who have invested in Boston Metal.
-
Who are Boston Metal’s competitors?
Aubert & Duval, Blastr Green Steel, North American Stainless, California Steel Industries, and Alliance Steel ( Distributors/Wholesale) are some of the 9 competitors of Boston Metal.
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