About Boston Metal
Boston Metal is an Industrial Goods & Manufacturing company based in Woburn (United States) founded in 2012. Emission-free ferroalloys are produced via molten oxide electrolysis technology. Boston Metal has raised $544.1 million across 15 funding rounds from investors including Microsoft, Fidelity Investments and International Finance Corporation. The company has 47 employees. Boston Metal offers products and services including MOE Technology, Green Steel Solution, and Critical Metals Recovery. Its focus areas include Chemicals and Materials Tech, Materials Tech, Manufacturing and Metal Production.
Company details
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.
- Headquarters Woburn, United States
- Employees 47
- SectorsIndustrial Goods & Manufacturing
- Email••••••••
- Website bostonmetal.com
- Social LinkedIn
- Total Equity Funding$544.1M (USD)
in 15 rounds
- Latest Funding Round$75M (USD), Series D
May 2026
- InvestorsMicrosoft
& 21 more
- Employee Count47
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.
Enables green steel production and metal recovery using electricity.
Decarbonizes steelmaking in a one-step process from iron ore.
Recovers valuable metals from waste for sustainable mining.
Funding Insights of Boston Metal
Boston Metal has successfully raised a total of $544.1M across 15 strategic funding rounds. The most recent funding activity was a Series D round of $75 million completed in May 2026. 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.
- Total Funding $544.1M
- Total Rounds 15
- Last Round Series D — $75M
- First Round $150,000
(Jan 2014)
- Investors Count 22
Latest 10 of 15 funding rounds of Boston Metal with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May 2026 | $75M | Series D | – | – | |
| Jun 2025 | $51M | Series C | – | – | – |
| Jan 2024 | $20M | Series C | – | Marunouchi Innovation Partners | – |
| Sep 2023 | $122M | Series C | – | Aramco Ventures, M&G | |
| May 2023 | $20M | Series C | – | IFC | – |
| Jan 2023 | $120M | Series C | – | ArcelorMittal | |
| Mar 2021 | $60M | Series B | – | BMW i Ventures | – |
| Feb 2021 | $6M | Series B | – | Vale | – |
| Jan 2021 | $50.1M | Series B | – | Fidelity Investments, Piva Capital | |
| Jan 2019 | $20M | Series A | – | Breakthrough Energy |
22 investors in total: 22 institutional.
Investors in Boston Metal
Boston Metal has secured backing from 22 investors, including venture fund and institutional investors. Prominent investors backing the company include Microsoft, Fidelity Investments and International Finance Corporation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Growth investments are made in climate tech startups globally. | marunouchi-innovation.com | Tokyo, Japan | ||
Early-stage startups are targeted for investment by Aramco Ventures. | aramcoventures.com | Dhahran, Saudi Arabia | ||
Diversified asset management firm and private fund focused on debt and equity investments in climate startups, real estate, and multiple sectors | 1931 | mandg.com | London, United Kingdom | |
Climate solutions are advanced via venture capital and startup acceleration. | breakthroughenergy.org | Kirkland, United States | ||
Climate companies are invested in by this venture capital firm. | preludeventures.com | San Francisco, United States | ||
IFC is focused on private sector development in emerging markets. | 1956 | ifc.org | ||
BMW i Ventures is focused on investing in automotive technology startups. | bmwiventures.com | Mountain View, United States | ||
Piva Capital is focused on investing in industrial technologies. | piva.vc | San Francisco, United States | ||
| oilandgasclimateinitiative.com | ||||
Venture capital fund focused on growth-stage startups | energyimpactpartners.com | New York, United States |
Investor details for Boston Metal
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of Boston Metal
66 people are tracked at Boston Metal (15 in leadership, 5 in board & advisors, 46 in team); the tracked headcount is 47.
| Name | Role | Group |
|---|---|---|
Tadeu Carneiro | Chairman And Chief Executive Officer | Leadership |
Adam Rieth, PhD | Director of R&D | Leadership |
Dawn Kelly | Sr. Director Of Communications | Leadership |
Weijia Zhang | Director, Advanced Automation & System | Leadership |
Daniel Wright | Director Critical Metals | Leadership |
Carla Block | Director Talent Acquisition | Leadership |
Guillaume LAMBOTTE | Chief Scientist | Leadership |
Rodolfo Morgado | Senior VP Of Technology | Leadership |
Natalie Alarcon | VP People, Culture & Diversity | Leadership |
Fernanda Reda Fenga Viana Klamas | Senior Vice President of Corporate | Leadership |
Christopher Jarvis | Director Project Management Office | Leadership |
Adriano Zelazowski Pereira | Vice President Finance | Leadership |
Alexandre Quinze | Vice President Of Business Transformation | Leadership |
Igor Braverman | Vice President of Engineering | Leadership |
Adam Rauwerdink | Sr. Vp, Business Development | Leadership |
Chris Poirier | Director | Board & advisors |
Ingo Wender | Director | Board & advisors |
Katie Rae | Director | Board & advisors |
Shyam Kamadolli | Director | Board & advisors |
Mark Cupta | Director | Board & advisors |
46 more people are available in the full profile.
Complete people profiles for Boston Metal
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of Boston Metal
3 dated milestones of Boston Metal across 14 years, from founding to its latest funding, stage changes and deals.
- Founded Boston Metal is founded.
- Funding First funding round of $150K.
- Funding Latest funding round, Series D, of $75.0M.
Web traffic of Boston Metal
The website of Boston Metal (bostonmetal.com) receives about 7.9K visits a month.
- Monthly visits7.9K
▼ 13.5% vs previous month
Websites whose visitors overlap most with Boston Metal. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| steeltimesint.com | 100% | #3,469,076 | View details | ||
| midrex.com | 86% | #2,073,310 | View details | ||
| hydrogeninsight.com | 52% | #237,424 | View details |
Top companies in Materials Equipment & Tech
3 companies that operate in the same segment as Boston Metal (Materials Equipment & Tech) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Schrödinger is recognized for developing physics-based software platforms for molecular discovery. | 1990 | New York, New York, United States | USD 162 M | USD 255.87 M | 891 | |
Critical minerals are recovered from e-waste via electro-extraction technology. | 2017 | Knoxville, Tennessee, United States | USD 65.23 M | |||
Provider of AI-based solutions for materials informatics | 2013 | Redwood City, California, United States | USD 81.26 M | 53 |
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Related news about Boston Metal
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 $544.1M across 15 funding rounds to date. The company's 1st funding round was a Series A of $20M, raised on Jan 2014.
Boston Metal has 47 employees.
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 22 investors. Key investors include Microsoft, Fidelity Investments, International Finance Corporation, Vale, and ArcelorMittal.