Blastr Green Steel has successfully completed its second strategic partner financing round to bolster the development of its integrated low-carbon steel value chain, centered around its flagship steel plant located in Inkoo, Finland. The latest financing round saw participation from three of Blastr’s founding investors and three new Finnish investors, all committed to sustainable growth.
The new investors include Aurora Infrastructure, Onvest Oy, and Security Trading Oy. The existing investors, which include commodity giant Cargill, Finland’s state-owned venture capital firm Tesi, and Blastr’s founding entity Vanir Green Industries, have also increased their stakes in the company.