Utility Global
Series C in 2024
Utility Global, Inc. is a technology company based in Provo, Utah, founded in 2018. It specializes in the design and development of innovative solutions for manufacturing, sensing, control, and nanotechnology, with a focus on its proprietary gas production technology known as eXERO™. This technology features a unique reactor that converts variable industrial process gases into high-purity hydrogen and a concentrated CO2 stream, facilitating on-site carbon capture without requiring electricity. The hydrogen produced can be utilized as a replacement for coke in steelmaking, while the high purity of the CO2 stream simplifies and reduces the costs associated with carbon capture. Through its advancements, Utility Global aims to contribute to a low-carbon future and support the decarbonization of the steel industry.
Vallourec is a leading provider of premium tubular solutions for energy markets and demanding industrial applications. With over five decades of experience, they specialize in seamless precision steel tubes, serving prominent clients across various sectors such as oil & gas, automotive, and construction.
CHAR Technologies
Post in 2023
CHAR Technologies is a Canada-based cleantech development and environmental services company that specializes in high-temperature pyrolysis converting woody biomass and organic materials into renewable energy, including renewable natural gas and green hydrogen, and into valuable biocarbon such as biocoal CleanFyre, biochar, or activated biochar (SulfaCHAR). It also provides environmental services, including environmental compliance, management, engineering, resource efficiency, and site investigations and remediation, as well as custom equipment for industrial water treatment. The company operates through subsidiaries including Char Biocarbon, Altech Environmental Consulting, Char Technologies Thorold, and Char Technologies USA. Its technology enables gas cleaning and remediation applications, with SulfaCHAR used to remove hydrogen sulfide from gas streams and potentially repurposed as a sulfur-enriched soil amendment.
Founded in 2005, LanzaTech is a pioneering carbon recycling company that converts industrial waste gases into fuel ethanol and other valuable products. Its innovative bio-catalytic toolkits enable gas fermentation microbes to recycle carbon emissions from sources like steel mills and landfills, reducing reliance on fossil fuels and supporting a circular economy.
Boston Metal
Series C in 2023
Boston Metal is a metallurgy company specializing in reducing the carbon footprint of steel production. It offers industrial-scale solutions using its Molten Oxide Electrolysis (MOE) process, enabling greener and more efficient metal production.
Riwald Recycling
Acquisition in 2022
Riwald Recycling is a waste and metal recycling company serving industrial and manufacturing sectors. It collects and processes metal, scrap metal, production waste, surplus inventory, and provides disassembly and production destruction services. The company handles a broad range of recyclable materials, including electrical household equipment and other industrial residuals, recycling hundreds of thousands of tonnes of waste annually.
Sirros IoT
Seed Round in 2022
Sirros IoT is a technology company that specializes in developing Internet of Things (IoT) systems tailored for industrial use. Their primary product is an advanced data collection and analysis platform designed to enhance operational efficiency. This platform captures intricate data from various sensors, cameras, and Overall Equipment Effectiveness (OEE) integrations, centralizing all operations data onto a unified system. By leveraging this platform, clients can optimize their productivity, reduce costs, monitor efficiency, and make informed decisions through artificial intelligence integration.
Companhia Siderúrgica do Pecém
Acquisition in 2022
Companhia Siderúrgica do Pecém is an industrial company based in Brazil that specializes in the production and export of steel slabs. It operates as a bi-national joint venture, with a 50% stake held by Brazilian mining giant Vale S.A., a 30% stake by South Korean Dongkuk Steel, and a 20% stake by Posco, one of the largest steelmakers globally. The company plays a significant role in the steel industry by leveraging its partnerships to enhance production capabilities and serve international markets.
John Lawrie Metals
Acquisition in 2022
John Lawrie Metals is a scrap metal recycling company that specializes in the collection, processing, and recycling of various types of scrap metal. The company serves both large and small-scale industrial clients as well as domestic waste generators, providing comprehensive solutions for the removal, storage, and recycling of metal materials. By facilitating the reuse of scrap metal, John Lawrie Metals assists clients in minimizing their environmental impact and advancing their sustainability objectives. Through its recycling services, the company contributes to the conservation of natural resources and promotes responsible waste management practices.
Founded in 2019, H2Pro develops innovative water-splitting technology for producing hydrogen fuel. Its proprietary E-TAC method decouples hydrogen and oxygen evolution reactions, enabling efficient and sustainable green hydrogen production.
Heliogen is a renewable energy technology company that develops concentrated solar technology. This AI-enabled modular system aims to provide near-24/7 carbon-free heat, power, or green hydrogen fuel at scale for heavy industry applications.
LanzaTech
Funding Round in 2021
Founded in 2005, LanzaTech is a pioneering carbon recycling company that converts industrial waste gases into fuel ethanol and other valuable products. Its innovative bio-catalytic toolkits enable gas fermentation microbes to recycle carbon emissions from sources like steel mills and landfills, reducing reliance on fossil fuels and supporting a circular economy.
Heliogen
Corporate Round in 2021
Heliogen is a renewable energy technology company that develops concentrated solar technology. This AI-enabled modular system aims to provide near-24/7 carbon-free heat, power, or green hydrogen fuel at scale for heavy industry applications.
Guaranteed
Venture Round in 2019
Guaranteed specializes in the repair and rebuild of large industrial components, utilizing direct energy deposition technologies. This innovative approach enables the on-demand repair and rebuilding of slow-moving parts, significantly reducing lead times and minimizing the reliance on new raw materials. By avoiding the costs associated with storage and transportation, Guaranteed serves various heavy industries, including mining, oil and gas, railway, maritime, and energy. The company also offers advanced simulation, monitoring, and inspection tools to ensure high-quality, defect-free production outcomes.
ILVA specializes in the production and distribution of iron and steel products.
Exosun
Acquisition in 2018
Exosun designs, develops and markets solar tracking systems, including the Exotrack line, and provides services covering the entire life cycle of solar power plants. The company aims to lower the cost of solar electricity by using trackers optimized for both photovoltaic and concentrated solar power applications. It is active in research and development to advance concentrated solar technologies and supports utility-scale projects, helping energy producers increase energy yields and improve return on investment.
Thyssenkrupp Steel USA
Acquisition in 2013
Thyssenkrupp Steel USA, LLC manufactures fabricated structural metal, steel, other metal products for structural purposes.
Baffinland Iron Mines
Acquisition in 2011
Baffinland Iron Mines Corporation is engaged in the exploration and development of iron ore projects in the Qikiqtani Region of Nunavut, Canada, specifically on Baffin Island. Founded in 1986 and headquartered in Oakville, Ontario, the company operates the Mary River property, which comprises nine high-grade iron ore deposits located at approximately 72 degrees north by 79 degrees west. Baffinland Iron Mines has additional offices in several communities across Nunavut, including Iqaluit, Arctic Bay, Clyde River, Hall Beach, Igloolik, and Pond Inlet. As of February 2011, it functions as a subsidiary of Nunavut Iron Ore Inc.
Dubai Steel Trading Company
Acquisition in 2009
Dubai Steel Trading Company, LLC distributes finished steel products to the construction market.
Solyndra is a manufacturer of cylindrical panels utilizing CIGS thin-film solar cell technology, located in Fremont, California. Established in 2005, the company focuses on designing and producing photovoltaic systems that include both panels and mounting hardware specifically for the commercial rooftop market. Solyndra employs high-volume manufacturing techniques to address the needs of the global solar industry. Its proprietary cylindrical modules are engineered to achieve low installation costs while maximizing solar energy output, particularly on low-slope commercial rooftops. The company operates a fully-automated manufacturing facility spanning 300,000 square feet, underscoring its commitment to efficiency and innovation in solar technology.
Galvex OÜ
Acquisition in 2008
Galvex OÜ owns and operates steel galvanizing plant at the Muugu Port in Tallinn, Estonia. It engages in the production of corrosion resistant and zinc coated sheet steel in commercial and structural grades that are used in the building industry.
Eisen Wagner
Acquisition in 2008
Eisen Wagner is a privately held company that distributes steel and steel products.
Eisen Wagners is a specialist for home, craft, and industry.
Cinter S.A.
Acquisition in 2007
Cinter S.A. produces carbon and aluminized carbon steel products, and tubes for the automotive industry. The company offers various tubes, such as square, rectangular and ovoid sections, coils, steel strips, and flat sheets.
M.T. Majdalani Y Cia. S.A.
Acquisition in 2007
M.T. Majdalani Y Cia. S.A. manufactures stainless steel sheets in Argentina. Its products include plates coils straps, pipes and tubes, steel flats, steel angles, electrodes, bars, sanitary pipeline fittings, valves, and flanges.
Vallourec Composants Automobiles Vitry
Acquisition in 2007
Vallourec Composants Automobiles Vitry engages in chassis, energy absorption and passive safety functions.
NSD Limited, a leading steel distribution company specialising in sales of heavy sections and tubes based in Scunthorpe, North Lincolnshire, UK, in order to increase its commercial presence in the UK market.
Sicartsa
Acquisition in 2006
Sicartsa is a fully integrated producer of long steel, with an annual production capacity of approximately 2.7 million tonnes from its facilities in Mexico and Texas, USA. Through its wholly owned mine, linked directly to the plant via a slurry pipeline, Sicartsa has estimated iron ore reserves of 160 million tonnes, providing 30 years of reserves at current production rates.
Ispat Inland
Acquisition in 2005
Ispat Inland Inc. produces and distributes steel and related products in the United States. Its Flat Products division manages the company's iron ore and iron making operations, conducts its ironmaking operations, and produces its raw steel.
Ispat Unimetal S.A.
Acquisition in 1999
Ispat Unimetal S.A. manufactures and markets steel products. Its products includes long / wire rod, and bars.