# Electra

**Source:** https://www.startuphub.ai/startups/electra
**Profile type:** Startup

> Electra is decarbonizing the iron and steel industry with clean-iron electrowinning technology.

## About

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.

## Key facts

- **Slug:** electra
- **Website:** https://www.electra.com/
- **Location:** Tel Aviv, Israel
- **Founded:** 2020-01-01
- **Operating status:** Active
- **Total funding:** $301M
- **Sectors / tags:** Climate Tech, Clean Energy, Industrial Automation, Advanced Manufacturing, Green Hydrogen, Energy Storage, Sustainability, Materials Science
- **Social:**
  - Facebook: https://www.facebook.com/profile.php

## Frequently asked

### 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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