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Limelight Steel

Limelight Steel

Private
Oakland, CaliforniaEnergy & Sustainabilityhttps://www.limelightsteel.com/

Last Round

Grant

Jul 12, 2024

Total Funding Raised

$9.32M

Company Overview

Limelight Steel is a manufacturing company that develops laser furnace technology to convert iron ore into zero-emissions steel.

Sector

Energy & Sustainability

Verticals

Clean Manufacturing, Sustainable Materials, Advanced Materials

Business Model

B2B

Customer Profile

Services & Consulting, Hardware Sales

AI Layer

Non-AI

Keywords

decarbonized steelgreen steellaser furnaceelectrified ironmakingclean manufacturingsteel decarbonizationindustrial decarbonizationScope 3 emissionstechnology licensingsustainable materialsnet-zero manufacturingadvanced materials

Historical Pricing

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Limelight Steel Comparables

Compare Limelight Steel with similar companies based on industry and business-model similarity.

Limelight Steel comparables — related companies by embedding similarity
CompanySimilarityMarket Cap
Hertha Metals Inc.
87%
Element Zero
86%
Electra
81%

Limelight Steel Funding Rounds

Historical fundraising activity

Data table
RoundDateAmount RaisedValuationInvestorsSources
GrantJul 12, 2024
GrantApr 18, 2024
Pre SeedNov 29, 2022
AcceleratorJun 6, 2022
GrantApr 28, 2022

Key People

Founding team and executive leadership

Andy Zhao

Co-Founder Chief Science Officer

Founding Team

Olivia Dippo

CEO Co-Founder

Founding Team

Limelight Steel Investors

Notable investors and investment history

Limelight Steel investors
InvestorRounds
Capricorn Investment GroupPre Seed
Khosla VenturesPre Seed
Cantos VenturesPre Seed
Voyager VenturesPre Seed
Impact Science VenturesPre Seed
Social Impact CapitalPre Seed
Collaborative FundPre Seed

Market signals

Structured signals derived from secondary market and firmographic data.

  • Jul 12, 2024

    Secured $3M from the Department of Energy.

  • Apr 18, 2024

    Secured $3M from the Department of Energy.

Limelight Steel Filings

SEC and related filings with document metadata.

Data table
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Limelight Steel Filings

SEC and related filings with document metadata.

Frequently Asked Questions

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Firmographic Details

HeadquartersOakland, California
Employee Range16
Year Founded2021
Last FundingJul 12, 2024

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