Sandeep Nijhawan, Founder of ElectraSteel

About Sandeep Nijhawan

Sandeep Nijhawan is the CEO and co-founder of Electra, a Colorado-based clean iron producer founded in 2020. Electra has developed a low-temperature process to electrochemically refine iron ore into 99% pure iron, utilizing chemistry and renewable energy to decarbonize iron and steelmaking. The company recently raised $186 million in a Series B funding round to support the commercialization of its technology.

Sandeep Nijhawan at a glance

• Company: ElectraSteel
• Total raised: $186M
• Latest round: Series B
• Investors: BHP Ventures, Rio Tinto, Roy Hill, Nucor, Yamato Kogyo, Interfer Edelstahl Group
• Location: Colorado, USA

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