Boston Metal
Revolutionizing metal production with molten oxide electrolysis for cleaner and more efficient extraction of critical metals.
About
Boston Metal is a startup focused on decarbonizing the metals industry, particularly steel production, through its proprietary molten oxide electrolysis (MOE) technology. This technology uses electricity to directly extract metals from ore in a molten state at high temperatures, offering a cleaner alternative to traditional smelting methods. While initially targeting steel, the company is now prioritizing the production of higher-value critical metals like niobium, tantalum, vanadium, nickel, and chromium, which are essential for various advanced industries including aerospace, electronics, and renewable energy.
Key facts
At-a-glance profile data
- Headquarters
- Woburn, Massachusetts, USA
- Total funding
- $75M (Funding Round)
- Business model
- B2B
Funding rounds
| Date | Round | Amount | Lead investors |
|---|---|---|---|
| 20 May 2026 | Funding Round | $75M | - |
Frequently asked
What does Boston Metal do?
Boston Metal operates a subsidiary in Brazil for commercial production and has a pilot facility in Woburn, Massachusetts. The company has faced operational challenges and cash flow issues but has recently secured significant funding to support its expansion and technological development.
How much funding has Boston Metal raised?
Boston Metal has raised a total of $75M in funding. The most recent round on record is Funding Round.