funding · SE · 19 OCT 2022H2 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.Stegra · EUR 70.0M · Series BInvestors: KinnevikProvenanceSourcesstegra.comhttps://stegra.com/news-and-stories/h2-green-steel-completes-260-million-equity-financing-to-build-worlds-first-large-scale-green-steel-plantActivityMore from StegraFunding · 24 Jun · EUR 1.4BStegra 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.Funding · 18 Sep · EUR 106.0MThe 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.Funding · 22 Jan · EUR 250.0MH2 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.Funding · 07 Sep · EUR 1.5BH2 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.Funding · 29 Aug · EUR 190.0MH2 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.← All events