Severstal

Severstal is a vertically integrated steel and mining company based in Russia, comprising two primary divisions: Severstal Resources and Severstal Russian Steel. Its flagship asset is the Cherepovets steel mill, strategically located near its mining operations and key transportation routes, including the Baltic ports. The company specializes in producing a variety of materials such as iron ore pellets, iron ore concentrates, crushed stones, and coking coal, which serve multiple industries including construction, oil and gas, machinery, and automotive. Severstal also operates in North America, where its subsidiary, Severstal North America, has established itself as a significant player in the steel market, receiving accolades for its excellence in production.

George Gogolev Ph.D

Founder and General Manager

5 past transactions

Ekona Power

Series A in 2022
Ekona Power develops renewable energy generation technology to produce industrial-scale hydrogen. It converts natural gas into clean hydrogen, electricity, and carbon dioxide, serving industrial H2 consumers and natural gas transmission/distribution companies.

Uniformity Labs

Series B in 2021
Uniformity Labs designs and manufactures engineered metal powders and feedstock materials for additive manufacturing, supplying powders and related materials used in 3D printing processes. Founded in 2014 as a Princeton University spin-out, the company is based in Fremont, California, and focuses on additive manufacturing research and development to improve powder performance, particle distribution and phase behavior, with the aim of lowering costs, increasing speed and quality, and enhancing reliability across the value chain.

Modumetal

Venture Round in 2019
Modumetal, Inc. specializes in the development and manufacturing of nano-laminated metals and materials, catering to various industries including energy, aerospace, automotive, defense, infrastructure, and construction. Founded in 2006 and based in Seattle, Washington, with an additional sales office in The Woodlands, Texas, the company utilizes a proprietary technology that produces these alloys at an industrial scale. Modumetal's products are engineered to be stronger, lighter, and more corrosion-resistant than traditional metals, achieved through a manufacturing process that employs electricity instead of heat, thereby minimizing environmental impact. The company's offerings include customized alloys, nano-laminated fasteners, pumps, valves, and production tubulars, all designed to enhance performance and durability while maintaining competitive pricing compared to conventional materials.

Arcanum Alloys

Series B in 2019
Arcanum Alloys is a materials company focused on developing and producing advanced metal alloys and their processing methods. It integrates technologies from diverse high-tech industries to create new alloy classes that aim to reduce total manufacturing costs, shorten lead times, and improve performance for customers in the appliance, home, and architectural sectors. The company pursues metallurgical innovations, including heat treatments and spatial segregation of elements, to enable alloyed products with enhanced functionality and lower energy consumption. Based in Sunnyvale, California, Arcanum Alloys seeks to redefine metallurgical processes across manufacturing industries.

Modumetal

Venture Round in 2019
Modumetal, Inc. specializes in the development and manufacturing of nano-laminated metals and materials, catering to various industries including energy, aerospace, automotive, defense, infrastructure, and construction. Founded in 2006 and based in Seattle, Washington, with an additional sales office in The Woodlands, Texas, the company utilizes a proprietary technology that produces these alloys at an industrial scale. Modumetal's products are engineered to be stronger, lighter, and more corrosion-resistant than traditional metals, achieved through a manufacturing process that employs electricity instead of heat, thereby minimizing environmental impact. The company's offerings include customized alloys, nano-laminated fasteners, pumps, valves, and production tubulars, all designed to enhance performance and durability while maintaining competitive pricing compared to conventional materials.
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