BMW Group invests in MOE company Boston Metal; CO2-free steel production greencarcongress.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from greencarcongress.com Daily Mail and Mail on Sunday newspapers.
Eying sustainability gains for its supply chain, BMW backs Boston Metal’s CO2-free iron production tech
BMW has joined the cohort of investors that are backing Boston Metal’s carbon dioxide-free production technology for steel.
The Boston-based startup had targeted a $50 million raise earlier in the year, as TechCrunch reported, and BMW’s addition closes out that round, according to a person familiar with the company.
Through a commitment from BMW iVentures, the automaker’s investment arm, Boston Metal will have an in to a company with massive demands for more sustainably manufactured metal. For instance, BMW Group press plants in Europe process more than half a million tonnes of steel per year, the company said.
BMW: un investissement dans la startup Boston Metal abcbourse.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from abcbourse.com Daily Mail and Mail on Sunday newspapers.
BMW Group invierte en la producción de acero libre de carbono comunicarseweb.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from comunicarseweb.com Daily Mail and Mail on Sunday newspapers.