Stockholm-based H2 Green Steel, a startup that aims to decarbonise the steel industry using green hydrogen, announced on Wednesday that it has secured €260M in the final close of its Series B round of equity funding.
The company had announced the first close of the Series B round in August at €190M. The additional €70M in the final close came from new investors such as Hitachi Energy, Kobe Steel, and Kinnevik.