Electra

Updated: March 12, 2026
Founders: Sandeep Nijhawan, Quoc Pham
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.




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