Boston Metal

Woburn, United States Founded: 2012 • Age: 14 yrs
Emission-free ferroalloys are produced via molten oxide electrolysis technology.
Annual revenue - Latest available
Total funding $469.1M 14 rounds
Employees 47 Tracked headcount
Investors 21 Known backers
Products 3 Services tracked
Competitors - Brand Intelligence

About Boston Metal

Boston Metal is a company based in Woburn (United States) founded in 2012. Boston Metal has raised $469.1 million across 14 funding rounds from investors including Microsoft, Fidelity Investments and International Finance Corporation. The company has 47 employees as of December 31, 2022. Boston Metal offers products and services including MOE Technology, Green Steel Solution, and Critical Metals Recovery.

  • Headquarter Woburn, United States
  • Employees 47 as on 31 Dec, 2022
  • Sectors
    Industrial Goods & Manufacturing
  • Email
    Locked
  • Phone
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  • Website
    Locked
  • Social
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Operational Areas
Industrial Goods & Manufacturing → Industrial Materials & Resources Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $469.1 M (USD)

    in 14 rounds

  • Latest Funding Round
    $51 M (USD), Series C

    Jun 27, 2025

  • Investors
    Microsoft

    & 20 more

  • Employee Count
    47

    as on Dec 31, 2022

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Products & Services of Boston Metal

Boston Metal offers a comprehensive portfolio of products and services, including MOE Technology, Green Steel Solution, and Critical Metals Recovery.

Product name locked
Category locked
Primary

Enables green steel production and metal recovery using electricity.

Product name locked
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Decarbonizes steelmaking in a one-step process from iron ore.

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Recovers valuable metals from waste for sustainable mining.

People of Boston Metal

Headcount 50-200
Employee Profiles 61
Board Members and Advisors 5
Employee Profiles
People
Tadeu Carneiro
Chairman And Chief Executive Officer
People
Danny Smart
R&d Pilot-scale Program Engineer
People
Sam Rae
Anode Development Team Lead
People
Sydney Papandrea
Human Resources Generalist

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Board Members and Advisors
people
Ingo Wender
Director
people
Mark Cupta
Director

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Funding Insights of Boston Metal

Boston Metal has successfully raised a total of $469.1M across 14 strategic funding rounds. The most recent funding activity was a Series C round of $51 million completed in June 2025. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

Investors in Boston Metal

Boston Metal has secured backing from 21 investors, including venture fund and institutional investors. Prominent investors backing the company include Microsoft, Fidelity Investments and International Finance Corporation.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Growth investments are made in climate tech startups globally.
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Early-stage startups are targeted for investment by Aramco Ventures.
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Diversified asset management firm and private fund focused on debt and equity investments in climate startups, real estate, and multiple sectors
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Investor details for Boston Metal

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Investments & Acquisitions by Boston Metal

Investments
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Investment portfolio details for Boston Metal

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  • Transaction dates
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Financial Statements - Boston Metal

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Detailed financials for Boston Metal

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Boston Metal Comparisons

Boston Metal Primary company
Description
Emission-free ferroalloys are produced via molten oxide elec...
Location
Woburn, United States
Founded Year
2012
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
47
As of 2022
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Peer comparison for Boston Metal

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Competitors of Boston Metal

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Detailed competitors of Boston Metal

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Latest news on Boston Metal

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Complete news archive for Boston Metal

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Frequently Asked Questions about Boston Metal

Boston Metal was founded in 2012 and raised its 1st funding round 2 years after it was founded.

Boston Metal is headquartered in Woburn, United States. It is registered at Woburn, Massachusetts, United States.

Boston Metal is a funded company, having raised a total of $469.1M across 14 funding rounds to date.

As of Dec 31, 2022, the latest employee count at Boston Metal is 47.

Boston Metal was founded in 2012 and is headquartered in Woburn, United States. Molten oxide electrolysis (MOE) technology has been developed by the company to enable emission-free production of ferroalloys. Industrial-scale solutions for metals production are offered, focusing on sustainable processes within the materials and manufacturing sector. Operations center on advancing clean metallurgical methods for global industrial applications.

Boston Metal offers MOE Technology, Green Steel Solution, and Critical Metals Recovery.

Boston Metal has 21 investors. Key investors include Microsoft, Fidelity Investments, International Finance Corporation, Vale, and ArcelorMittal.

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