Cleaner steel: A worker checks rolled steel in China. Boston metal says its latest funding will be used to scale up technology to make cleaner steel. — AFP
BOSTON: Boston Metal, a startup that has developed a method to make low- or no-carbon steel using electricity, says it closed a third round of funding at US$262mil.
The Boston-based company said the latest round of funding will be primarily used to scale its decarbonisation technology for commercial use and hiring more employees globally.
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