Tech Company Financing Transactions
Algoma Steel Funding Round
On 11/17/2025, Algoma Steel received $500 million in financing from Government of Canada.
Transaction Overview
Company Name
Announced On
11/17/2025
Transaction Type
Venture Equity
Amount
$500,000,000
Round
Undisclosed
Investors
Proceeds Purpose
Proceeds purposes were not disclosed.
Company Information
Company Status
Private & Independent
Industry
Manufacturing
Mailing Address
Sault Ste.
Marie, ON, Undisclosed
USA
Marie, ON, Undisclosed
USA
Phone
Website
Email Address
Not Recorded
Overview
Algoma is a leading Canadian producer of high-quality plate and sheet steel products, proudly supporting critical sectors including energy, defense, automotive, shipbuilding, and infrastructure. Guided by a purpose to build better lives and a greener future, Algoma is shaping the next generation of sustainable steelmaking in Canada.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Michael Garcia
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