Tech Company Financing Transactions
Stegra Funding Round
Stegra, operating out of Stockholm, raised $7.7 billion from GIC, Mercedes Benz and Siemens.
Transaction Overview
Company Name
Announced On
2/3/2026
Transaction Type
Venture Equity
Amount
$7,680,000,000
Round
Undisclosed
Investors
Proceeds Purpose
Funds are specifically aimed at building the integrated, digitized, and circular greenfield steel plant in Boden, Northern Sweden
Company Information
Company Status
Private & Independent
Industry
Infrastructure
Mailing Address
Norra Stationsgatan 93A
Stockholm, 113 64
Sweden
Stockholm, 113 64
Sweden
Phone
Undisclosed
Website
Email Address
Overview
Founded in 2020, Stegra (formerly H2 Green Steel) was created with the purpose to decarbonize hard-to-abate industry. Construction of our first project -- an integrated plant producing green hydrogen, green iron and green steel -- is well underway in Boden, Sweden. Slashing emissions using green hydrogen and renewable electricity, we're starting a clean industrial revolution. Steel is just the beginning. We are building a diverse and rapidly growing team spread across our site and offices in Boden and Stockholm. Together, we focus on delivering green impact -- for our people, customers, investors, society and planet.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chairman
Chief Executive Officer
Henrik Henriksson
VP - General Counsel
Mattias Andersson
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