Electra
Updated: March 12, 2026

Founders: Sandeep Nijhawan, Quoc Pham
Country: USA | Funding: $443.5M (+)
Founded: 2020
Website: https://www.electra.earth
Electra is decarbonizing the steel industry by reducing power consumption of electric arc furnaces. It allows to start and stop production on demand and uses the lowest-cost, intermittent renewable electricity to reduce energy costs.
Founded: 2020
Website: https://www.electra.earth
Electra is decarbonizing the steel industry by reducing power consumption of electric arc furnaces. It allows to start and stop production on demand and uses the lowest-cost, intermittent renewable electricity to reduce energy costs.






