# Stegra

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

> Green-tech startup building the world's largest green-steel plant.

## About

Stegra is decarbonizing heavy industry by producing near-zero emission steel. The company is building a fully integrated, digitalized, and circular plant in Boden, Sweden, which will feature Europe's largest green hydrogen production plant. This facility will refine iron ore into green iron using green hydrogen, emitting only steam, and aims to set a new industry standard for sustainable steel production.

## Key facts

- **Slug:** stegra
- **Website:** https://stegra.com/
- **Location:** Boden, Sweden
- **Founded:** 2020-01-01
- **Employees:** 812
- **Operating status:** Active
- **Total funding:** $8.2B
- **Sectors / tags:** GreenTech, Industrial Manufacturing, Steel Production, Sustainability, Climate Tech, Green Hydrogen, Advanced Manufacturing, Materials, Industrial Automation, Energy, Heavy Industry Decarbonization
- **Social:**
  - LinkedIn: https://www.linkedin.com/company/stegraab

## Frequently asked

### What does Stegra do?

Stegra is decarbonizing heavy industry by producing near-zero emission steel. The company is building a fully integrated, digitalized, and circular plant in Boden, Sweden, which will feature Europe's largest green hydrogen production plant. This facility will refine iron ore into green iron using green hydrogen, emitting only steam, and aims to set a new industry standard for sustainable steel production.

### What is Stegra's valuation?

StartupHub estimates Stegra's effective valuation at $34.1B (range $20.6B to $49.4B, 21% confidence), based on comparable companies in the sector.

### How much funding has Stegra raised?

Stegra has raised a total of $8.2B in funding. The most recent round on record is Rescue funding.

### Where is Stegra headquartered?

Stegra is headquartered in Boden, Sweden.

### When was Stegra founded?

Stegra was founded in 2020.

### What industry does Stegra operate in?

Stegra operates in GreenTech, Industrial Manufacturing, Steel Production, Sustainability, Climate Tech, Green Hydrogen.

### How many employees does Stegra have?

Stegra has approximately 812 people on record.

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