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ArcelorMittal

24-26 Boulevard d'Avranches, Luxembourg, L-1160

Overview

Mining and building steel with a focus on reducing carbon footprint.

Founded

2006

Deals · 12mo

0

Links

WebsiteLinkedInX (Twitter)

Stage focus

Series C

Geographic focus

Brazil
Canada
Israel
United States

Sector focus

Industrial
Manufacturing
Mining

Investment portfolio

9rounds
NAMEDATESIZE
Utility Global
Sep 2024Participated
$53 MSeries C
Vertown
Feb 2024Led
$1 MOther Equity
CHAR Technologies
Jul 2023Led
$5 MOther Equity
Boston Metal
Jan 2023Led
$120 MSeries C
Form Energy
Oct 2022Participated
$450 MSeries E
H2Pro
Jan 2022Participated
$75 MSeries B
LanzaTech
Dec 2021Led
$30 MOther Equity
Form Energy
Aug 2021Led
$240 MSeries D
Heliogen
Jun 2021Participated
$83 MOther Equity
Utility Global
Sep 2024Participated
$53 MSeries C
Vertown
Feb 2024Led
$1 MOther Equity
CHAR Technologies
Jul 2023Led
$5 MOther Equity
Boston Metal
Jan 2023Led
$120 MSeries C
Form Energy
Oct 2022Participated
$450 MSeries E
H2Pro
Jan 2022Participated
$75 MSeries B
LanzaTech
Dec 2021Led
$30 MOther Equity
Form Energy
Aug 2021Led
$240 MSeries D
Heliogen
Jun 2021Participated
$83 MOther Equity
9
Items
Browse all public portfolio deals

Insights

Time horizon

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Deal Distribution

ArcelorMittal: 9 funding rounds are recorded in the selected participation categories.All available history.
ArcelorMittal: 9 funding rounds are recorded in the selected participation categories. All available history
Round typeLed dealsParticipated deals
Series B01
Series C+22
Other Equity31

Monthly Deal Activity

ArcelorMittal: 9 deals are recorded across 65 months.All available history.
ArcelorMittal: 9 deals are recorded across 65 months. All available history
MonthDeals
Jun '211
Jul '210
Aug '211
Sep '210
Oct '210
Nov '210
Dec '211
Jan '221
Feb '220
Mar '220
Apr '220
May '220
Jun '220
Jul '220
Aug '220
Sep '220
Oct '221
Nov '220
Dec '220
Jan '231
Feb '230
Mar '230
Apr '230
May '230
Jun '230
Jul '231
Aug '230
Sep '230
Oct '230
Nov '230
Dec '230
Jan '240
Feb '241
Mar '240
Apr '240
May '240
Jun '240
Jul '240
Aug '240
Sep '241
Oct '240
Nov '240
Dec '240
Jan '250
Feb '250
Mar '250
Apr '250
May '250
Jun '250
Jul '250
Aug '250
Sep '250
Oct '250
Nov '250
Dec '250
Jan '260
Feb '260
Mar '260
Apr '260
May '260
Jun '260
Jul '260
Aug '260
Sep '260
Oct '260

Sector Breakdown

ArcelorMittal: Clean Energy & Sustainability is the largest displayed sector by deal count (8 deals).All available history.

A deal can appear in multiple sectors, so sector totals may overlap. Capital represents disclosed total round sizes, not fund cheque sizes.

ArcelorMittal: Clean Energy & Sustainability is the largest displayed sector by deal count (8 deals). All available history
SectorDeals
Clean Energy & Sustainability8
Manufacturing4
Networks, Cloud & Communication1
Fintech1
Professional Services1
Real Estate & Construction1

Deal Size Distribution

ArcelorMittal: 9 rounds have a disclosed size in the displayed size bands.All available history.

Undisclosed round sizes are excluded. Capital represents total round sizes, not fund cheque sizes.

ArcelorMittal: 9 rounds have a disclosed size in the displayed size bands. All available history
Round size band (USD)Deals
<$5M1
$5M-$10M1
$10M-$25M0
$25M-$50M1
$50M-$100M3
$100M-$250M2
$250M-$500M1
$500M-$1B0
$1B+0

Deals By Geography

ArcelorMittal: United States has the largest recorded deal count among the displayed regions (6 deals).All available history.

Top 4 of 4 regions; European countries are grouped as Europe.

ArcelorMittal: United States has the largest recorded deal count among the displayed regions (6 deals). All available history
RegionDeals
United States6
Brazil1
Israel1
Canada1
ArcelorMittal: 20 co-investors are shown, with Breakthrough Energy Ventures sharing 3 recorded deals.All available history.

Co-Investors

Bubble size = shared deals

Click a bubble to open that fund in a new tab.

Shows up to 20 co-investors ranked by shared deals. Deals may be shared with multiple funds, so rows overlap. Capital is total round size, not fund cheque size.

ArcelorMittal: 20 co-investors are shown, with Breakthrough Energy Ventures sharing 3 recorded deals. All available history
Co-investorShared deals
Breakthrough Energy Ventures3
Temasek2
8090 Partners1
A.T. Gekko1
Ara Partners1
Aramco Ventures (Saudi Aramco Energy Ventures)1
Canada Pension Plan Investment Board1
Capricorn Investment Group1
Coatue1
Companhia Siderugica Nacional1
Edison International1
Energy Impact Partners1
GIC1
Horizon Ventures1
Irani CVC1
Microsoft1
NGP Energy Technology Partners1
Ocgrow Ventures1
OGCI Climate Investments1
Ontario Power Generation Pension Fund1

Investment Strategy

ArcelorMittal: Led accounts for 56% and participating for 44% of round participation.All available history.
ArcelorMittal: Led accounts for 56% and participating for 44% of round participation. All available history
CategoryDeals (count)Share (%)
Led556%
Participating444%
ArcelorMittal: Single-lead accounts for 80% and co-led for 20% of lead dynamics.All available history.
ArcelorMittal: Single-lead accounts for 80% and co-led for 20% of lead dynamics. All available history
CategoryDeals (count)Share (%)
Single-lead480%
Co-led120%

Team

Benjamin Baptista

Chief executive officer, Flat Carbon South America

Cedric Gavel

Chef de projet

Frank Haers

Chief technology officer and head of health and safety

Gregory Ludkovsky

Global research and development

Kris kupilas

R&D Digital Transformation Lead

Lakshmi Mitta

Founder, Chief Executive Officer and President

Michael Rippey

Chief executive officer, ArcelorMittal USA

Sebastian Kwiecien

Head of the Pipe Production Department

Simon Wandke

Chief commercial officer, ArcelorMittal Mining