GravitHy is building a plant in Fos-sur-Mer to produce hydrogen-based direct reduced iron, the feedstock for low-carbon steelmaking. It targets industrial-scale output equivalent to an Eiffel Tower of steel per day. Customers are European steelmakers seeking to decarbonise.
Green iron production using hydrogen-based direct reduction for low-carbon steel
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€60,000,000
Total raised
-
Valuation
52
Employees
2022
Founded
Latest round
Equity - March 1, 2025
Equity - €60,000,000
March 1, 2025
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