Boston Metal Stock

Boston Metal is a metallurgy company developing technology to reduce the carbon footprint of steel production.

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About Boston Metal Stock

Boston Metal is a metallurgy company developing technology to reduce the carbon footprint of steel production. The company provides industrial-scale, metal production solutions utilizing its Molten Oxide Electrolysis (MOE) process. MOE provides the metals industry with a more efficient, lower-cost, and greener solution for the production of a wide array of metals and alloys from a wide variety of feedstocks. Boston Metal was spun out of MIT in 2012 with an investment from Ingo Wender and has since scaled the technology 1,000x and produced thousands of kilograms of metal. Boston Metal’s headquarters and industrial development center are located in Woburn, MA.

Funding History

November 2013$150K
September 2015$597K
January 2019$20.0M
January 2021$50.0M
January 2023$120M
May 2023$20.0M
September 2023$122M

Management

Co-Founder

Donald Sadoway

Co-Founder

Antoine Allanore

CEO

Tadeu Carneiro

Board Member

Irina Gorbunova

Investor and Board Observer

Shayle Kann

Board Member

Rick Cutright

Scientific Advisor

Donald Sadoway

Press

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