Funding Details
- Awarder
- Inbox
- Date Award
- March 26, 2025
- Vertical
- Sustainable Iron Production
- Funding URL
- View Funding Page
- Funding Amount:
-
$60,000,000
Company Info
- Founding Year
- 2022
- Traction
- GravitHy plans to commission its plant by the end of 2028, creating up to 500 direct jobs with a total investment of €2.2B.
- Organizations Involved
- Japan Hydrogen Fund, Marcegaglia, Ecolab, Rio Tinto, Siemens, Engie New Ventures, InnoEnergy
- Company Description
- GravitHy is an iron manufacturing firm producing DRI/HBI through hydrogen reduction technology.
- Market
- Steel Industry
- Location
-
Marseille,
France
- Coinvestors
- Japan Hydrogen Fund, Marcegaglia, Ecolab, Rio Tinto, Siemens, Engie New Ventures, InnoEnergy
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