Electra

About Electra

Electra is focused on reinventing ironmaking through a low-carbon process that utilizes chemistry and renewable energy to transform iron ore into 99% pure iron. Their mission is to address the significant carbon emissions from iron and steelmaking, which account for nearly 10% of global carbon emissions, by creating pure iron using abundant energy and already mined ores to forge a sustainable future.

Products & Services

Clean Iron:A low-carbon process to refine iron ore into 99% pure iron using chemistry and renewable energy, compatible with intermittent and continuous renewable energy, and utilizing a broad range of iron ores including uncommercialized ones.

High-Value Mineral Co-Products:Captured during the iron refining process as valuable outputs alongside emitting oxygen into the air.

Modular System Design:Designed as building blocks for rapid scaling by easily adding and combining units.

Clean iron (99% pure)

Critical co-minerals

Specialties

Low-Carbon Ironmaking Renewable Energy Integration Iron Ore Refinement Modular System Design Low-carbon ironmaking Flexible energy inputs (intermittent/continuous) Broad iron ore feedstock compatibility Modular/scalable system design

Funding History

Debug: View Raw Funding Data

#	Type	Amount Fields	Date Fields	Investors
1	RT: Venture Debt T: - FT: Venture Debt	A: 30000000 MR: - FA: $30 million FAN: 30000000	D: 2026-03-10 FD: 2026-03-10	1 investors
2	RT: Series B T: - FT: Series B	A: 186000000 MR: - FA: $186 million FAN: 186000000	D: 2025-04-24 FD: 2025-04-24	15 investors

Venture Debt Latest

2026-03-10

$30.0M

1 investor (Pro only)

Series B 2025-04-24

$186.0M

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Growth Metrics

+45%

Employee Growth

YoY

3.2x

Funding Growth

Last Round

12

Markets

Operating

10K+

Customers

Active

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Mock Up

Team & Leadership

S

Sandeep Nijhawan

CO-FOUNDER & CHIEF EXECUTIVE OFFICER

J

James Rutland

CHIEF FINANCIAL OFFICER

K

Keith Shuttlesworth

CHIEF COMMERCIAL OFFICER

K

Karen Robertson

CHIEF HUMAN RESOURCES OFFICER

K

Kevin Galloway

VICE PRESIDENT OF PRODUCT

B

Ben Ruben

VICE PRESIDENT OF PROJECTS

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Recent News

Electra Announces New Product Launch

2 days ago

Company unveils innovative solution to transform the industry, expanding market reach and capabilities...

Leadership Team Expands with Industry Veteran

1 week ago

New executive brings 20+ years of experience to accelerate growth and strategic initiatives...

Company Recognized as Industry Leader

2 weeks ago

Receives prestigious award for innovation and customer satisfaction in competitive market...

Key Competitors

C1

Competitor Alpha

Series B · $50M raised

C2

Competitor Beta

Series C · $120M raised

C3

Competitor Gamma

Series A · $25M raised

C4

Competitor Delta

Seed · $10M raised