1. 23 May 2021

   Series A

   €86.2M

   Cumulative €86.2M

2. 29 Aug 2022 · +1 yr 3 mo

   Series B

   €190.0M

   Cumulative €276.2M

3. 19 Oct 2022 · +2 mo

   Series B

   €70.0M

   Cumulative €346.2M

4. 07 Sep 2023 · +11 mo

   Private placement

   €1.5B

   Cumulative €1.8B

5. 22 Jan 2024 · +4 mo

   Grant

   €250.0M

   Cumulative €2.1B

6. 18 Sep 2024 · +8 mo

   Grant

   €106.0M

   Cumulative €2.2B

7. 24 Jun 2026 · +1 yr 9 mo

   Financing round

   €1.4B

   Cumulative €3.6B

Amounts in EUR, converted at the ECB rate on the event date. Every figure links to its source.

• Funding24 Jun 2026EUR 1.4B

  Stegra closed a €1.4 billion financing round led by a Wallenberg Investments consortium, with broad support from existing shareholders and lenders, to complete its Boden plant.

  ▸Source: stegra.com

  Read at stegra.com

• Funding18 Sep 2024EUR 106.0M

  The Swedish Energy Agency granted Stegra SEK 1.2 billion in state aid through the Industrial Leap programme to build its integrated low-carbon steel plant; the aid had European Commission approval.

  ▸Source: energimyndigheten.se

  Read at energimyndigheten.se

• Funding22 Jan 2024EUR 250.0M

  H2 Green Steel announced a €250 million EU Innovation Fund grant for its large-scale green-steel plant as part of its January 2024 financing package.

  ▸Source: stegra.com

  Read at stegra.com

• Funding07 Sep 2023EUR 1.5B

  H2 Green Steel raised about €1.5 billion in a private equity placement co-led by Altor, GIC, Hy24, and Just Climate to finance its Boden green-steel plant.

  ▸Source: stegra.com

  Read at stegra.com

• Funding19 Oct 2022EUR 70.0M

  H2 Green Steel added €70 million at the final close of its Series B from investors including Hitachi Energy, Kobe Steel, and Kinnevik, taking the full Series B to €260 million.

  ▸Source: stegra.com

  Read at stegra.com

• Funding29 Aug 2022EUR 190.0M

  H2 Green Steel secured €190 million in the first close of its Series B equity financing, co-led by AMF, GIC, Schaeffler, and Altor Fund V.

  ▸Source: stegra.com

  Read at stegra.com

• Funding23 May 2021EUR 86.2M

  H2 Green Steel, now Stegra, closed a $105 million Series A equity round backed by strategic industrial partners and long-term investors to accelerate its green-steel plans.

  ▸Source: stegra.com

  Read at stegra.com

• Henrik Henriksson

  CEO

• Leif Johansson

  Chairman

What does Stegra do?

A company involved in green steel production in Sweden.

When was Stegra founded?

Stegra was founded in 2021.

Where is Stegra headquartered?

Stegra is based in Sweden.

How much funding has Stegra raised?

Stegra has raised €8.1B (last round 24 Jun 2026).

What was Stegra's latest funding round?

Stegra's most recent disclosed round was a financing round round of €1.4B, announced 24 June 2026.

Who has invested in Stegra?

Investors in Stegra include Altor, AMF, Kallskär, Kinnevik, Temasek.