M
Molten Industries
Commercializing breakthrough technology to produce the lowest-cost, cleanest hydrogen to decarbonize heavy industrial sectors such as steel, fertilizer, fuels, and plastics
About Molten Industries
Molten Industries is a pioneering startup that is revolutionizing the hydrogen production industry with its innovative technology. The company's primary focus is on producing clean, low-cost hydrogen, a critical component in various industries including energy, fertilizer, fuels, and steel production. Currently, the production of hydrogen is a significant contributor to carbon dioxide emissions, with each ton of hydrogen produced resulting in 10 tons of carbon dioxide. Molten Industries aims to significantly reduce these emissions, potentially displacing up to 30% of global emissions.
Read full description
The company's market primarily consists of the world's chemical and heavy industries, which collectively produce 100 million tons of hydrogen annually for use in fertilizer, chemicals, plastics, and other applications. Molten Industries' technology offers these industries a more environmentally friendly alternative to traditional hydrogen production methods.
The business model of Molten Industries is centered around commercializing its breakthrough technology. By offering a cleaner, more cost-effective solution for hydrogen production, the company stands to gain a significant share in a market that is increasingly conscious of its environmental impact.
The company is led by co-founder and CEO Kevin, an environmentalist and aspiring inventor from the Pacific Northwest. Kevin's mission for the past decade has been to decarbonize energy infrastructure, a goal that is clearly reflected in the work of Molten Industries.
At a glance
- Status
- Operational
- Founded
- 2021
- Headquarters
- Oakland, United States
- Employees
- 23
- Open positions
- 1
- Dealroom signal
- 83.3/100
- Sub-industry
- Clean Energy, Energy Storage
- Sector
- Energy, Hydrogen, Sustainable Development Goals, Industrial Technology, EV Battery, Climate Tech, Green Hydrogen, Hydrogen Production, Hard Tech
- Technology
- Hardware, Deep Tech
- Business model
- Manufacturing
- Client focus
- b2b
Knowledge graph
More headlines
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| SERIES A✓Equity / VC | Jun 2024 | $25M | $100M | Mark Heising · Steelhead Capital Management · Breakthrough Energy Ventures · Union Square Ventures | ↗ |
| GRANT✓Other financing | Jun 2023 | $5.4M | — | US Department of Energy | ↗ |
Growth signals
Latest recorded traffic for Molten Industries is 2.4K monthly website visits, up 4.3% over the last three months. Molten Industries's team grew 9.5% over the past year.
Open positions
Similar companies
Company identity and context are open; selected comparison metrics preview what is available on the platform.
Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Seed6 investors entered at this stage
Union Square Ventures
Moai Capital
J4.Ventures
UVC Partners
Fifty Years
US Department of Energy
Series A6 investors entered at this stage
Breakthrough Energy Ventures- MHMark Heising
Steelhead Capital Management
Sozo Ventures- PAPeter Attia
Jane Woodward
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
An AI-synthesised read of the highest-engagement posts about Molten Industries on X, ranked by likes and reposts, corporate channels excluded.
Reading the room on X — pulling top posts and synthesizing themes…
Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
See Molten Industries’s full profile on Dealroom
Request a free trial to see the complete deal history, financials, people graph and growth signals.
Takes under a minute. Already use Dealroom? Log in.