Wednesday, 25 September 2024
Home Molten Industries Raises $25M Series A to Produce Clean Graphite and Hydrogen and Onshore Battery Supply Chains

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Molten Industries Raises $25M Series A to Produce Clean Graphite and Hydrogen and Onshore Battery Supply Chains

OAKLAND, Calif.--(BUSINESS WIRE)--Molten Industries (“Molten”), a fast-growing American start-up that converts natural gas into clean graphite and hydrogen, has announced the successful close of a 25 million dollar Series A financing round. The raise was led by Breakthrough Energy Ventures (BEV), with new participation from Sozo Ventures, Mark Heising, and Steelhead Capital. Existing investors also participated in the round, including Union Square Ventures, 50 Years, J4 Ventures, Moai Capital,...

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