Electra

Electra
Electra is decarbonizing the iron and steel industry with clean-iron electrowinning technology.
About
What does Electra do?
Electra offers an induction stove designed for home kitchens, featuring fast, powerful heat that plugs into a standard 120V outlet without requiring electrical upgrades. Its innovative design includes an air fryer mode, easy-to-clean glass top, and a built-in battery for off-peak charging, power boosts, and outage-proof cooking. Electra serves homeowners looking for a convenient, modern, and energy-efficient cooking solution.
What is Electra's revenue?
StartupHub estimates Electra's annual revenue at $33.8M (range $5.7M to $153.5M, 29% confidence), based on comparable companies in the sector.
What is Electra's valuation?
StartupHub estimates Electra's effective valuation at $1.2B (range $752.5M to $1.8B, 21% confidence), based on comparable companies in the sector.
How much funding has Electra raised?
Electra has raised a total of $301M in funding. The most recent round on record is Venture Debt Facility.
Where is Electra headquartered?
Electra is headquartered in Tel Aviv, Israel.
When was Electra founded?
Electra was founded in 2020.
What industry does Electra operate in?
Electra operates in Climate Tech, Clean Energy, Industrial Automation, Advanced Manufacturing, Green Hydrogen, Energy Storage.
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