Stegra (H2 Green Steel)
“green steel” start-up that is promising to build the world’s first large factory for emissions-free production of the alloy
Stegra (H2 Green Steel) has raised €7.7B across 8 funding rounds from 29 investors. Based in Sweden; active in Cleantech. Data as of 28 Oct 2026.
Total raised
€7.7B
€7,674,862,732
Funding rounds
8
Investors
29
distinct backers
Active since
2021-05
Funding by year
EUR raised per year · 2026 YTDStegra (H2 Green Steel) — funding by year — interactive chart.
Data table
| Stegra (H2 Green Steel) — funding by year | |
|---|---|
| 2021 | €86M |
| 2022 | €275M |
| 2023 | €1.5B |
| 2024 | €4.6B |
| 2026 | €1.2B |
Signals
High confidenceRaise-next likelihood29
base rate 30% for Other
- ▼ In typical raise window
- ▲ Up-round momentum
- ▼ Low backer re-investment
Exit likelihood47
base rate 11% (2+ rounds)
- ▲ €100M+ raised
- ▲ 7 rounds raised
- ▲ 5y since founding (typical exit age)
- ▲ Recently backed by strong-exit-track investors
Timing: in window vs cohort gap · momentum up. Funding-only estimates, not predictions and not investment advice — see signals.
Funding rounds
8 rounds| Date | Stage | Amount | Investors | |
|---|---|---|---|---|
| — | Other | — | — | View deal → |
| 2026-04-14 | Other | €1.2B | Swedish Wallenberg family | View deal → |
| 2024-09-23 | Grant | €100M | Industrial Leap | View deal → |
| 2024-01-22 | Debt | €4.5B | Microsoft Climate Innovation Fund,Siemens Financial Services | View deal → |
| 2023-09-07 | Other | €1.5B | Altor,AMF,Andra AP – fonden,Cristina Stenbeck,FAM,GIC+8 more | View deal → |
| 2022-10-19 | Series B | €70M | Altor,AMF,GIC,Hitachi Energy,Kinnevik,Kobe Steel+1 more | View deal → |
| 2022-08-30 | Series B | €205M | Altor Fond V,AMF,Cristina Stenbeck,Daniel Ek,FAM,GIC+4 more | View deal → |
| 2021-05-26 | Other | €86M | Agnelli,Ikea foundation,Maersk,Mercedes-Benz,Wallenbergsphere FAM | View deal → |
Investors
29AgnelliAltorAltor Fond VAMFAndra AP – fondenCristina StenbeckDaniel EkFAMGICHitachi EnergyHy24Ikea foundationIMAS FoundationIndustrial LeapJust ClimateKingspanKinnevikKobe SteelMaerskMercedes-BenzMicrosoft Climate Innovation FundSchaefflerSchafflerSiemens Financial ServicesSwedbank Robur AlternativaSwedish Wallenberg familyTemasekVargasWallenbergsphere FAM
Related news
Similar companies
same sector or countryGlobal coverage: FundingData