ELECTRASTEEL, INC.
Electrochemical process and device for converting iron ore directly to iron metal using renewable electricity
- Sector
- Materials
- Headquarters
- Boulder, CO
- Founded
- 2020
- Latest Form D
- $180M, Jan 2025
- Total capital
- $209M
- Federal grants
- $256K
- 1 award · 2021
- Rank in peer group#4 of 17
- Private capital raised
- $209M
- 2 Form D · last Jan 2025
- 22 months since last filing
- Federal contracts
- None on recordNo federal contract awards found.
- Granted patents
- 1
- first 2026
- Rank in peer group#8 of 17
Capital timeline
Latest events
- Private capital raisedForm D · SEC · 2nd filing$180M
- Private capital raisedForm D · SEC · 1st filing$28.2M
- Federal grantNSF · Phase I · SBIR Phase I: A novel carbon dioxide emission free iron-making process$256K
Node area is scaled to amount. Form D reports securities sold, which can differ from an announced round; filings are numbered in the order they were made.
Federal first
4months
from ELECTRASTEEL, INC.’s first federal award to its first private round.
- First federal award · Feb 2021
- NSF · $256K
- First Form D · Jun 2021
- $28.2M · 1st Form D
- Awards before first raise
- 1 award
An association in public records, not a cause or a prediction.
Standing among 17 peers
Line = medianMaterials · System
- Federal grants#4 · top 24%
- Granted patents#8 · top 47%
Cumulative measures favor older companies. Rankings describe position today, not outcome. Below the median, ranks show as a band rather than a number.
Founders and team
From SEC Form D filings- Alan ChangDirectorNamed in SEC Form D filings
- David DanielsonDirectorNamed in SEC Form D filings
- Dipender SalujaDirectorNamed in SEC Form D filings
- Frank O'SullivanDirectorNamed in SEC Form D filings
- Quoc PhamExecutive Officer, DirectorNamed in SEC Form D filings
- Russell ThamDirectorNamed in SEC Form D filings
Show all 7 people
- Sandeep NijhawanExecutive Officer, Director, PromoterNamed in SEC Form D filings
What it has protected
USPTO · 1 granted of 1- New patentElectrochemical Anode Barrier ConfigurationsUSPTOUS 12,768,061
Related companies, and why
- MICRO-LAM, INC.Similar federal contract value in Materials · null in contracts
- WEAV3D INC.Similar federal contract value in Materials · null in contracts
- Teinnovations Holdings, LLCSimilar federal contract value in Materials · null in contracts
- GORE RANGE STEEL LLCSimilar federal contract value in Materials · null in contracts
- Maple Materials, Inc.Similar federal contract value in Materials · null in contracts
- Ambar Labs, Inc.Similar federal contract value in Materials · null in contracts
Regulatory activity · Materials
- Eliminating Regulations Establishing Fellowships in Laboratory Standardization and Testing for Foreign CitizensNational Institute of Standards and Technology
- Eliminating Obsolete Marking Requirements for Toy, Look-Alike, and Imitation FirearmsNational Institute of Standards and Technology
- Eliminating Obsolete Regulations Related to the Advanced Technology Program and the Technology Innovation ProgramNational Institute of Standards and Technology
Rules are matched to sector, not to company. Recent activity in a sector is context rather than a signal about this business — until rules are matched to what a company actually builds, the section is shown as context and nothing more.
Sources
Federal grants from SBIR/STTR, NIH, NSF and DoD records. Federal contracts from USAspending.gov. Private capital from SEC Form D. Patents from USPTO. Publications from OpenAlex. Regulatory activity from the Federal Register. Press matched on company name.
How to read this page
Figures show associations in public records, not causes or predictions. Nothing here is investment advice. An em-dash means no record was found under this company's name, not that none exists.
Data freshness
SEC Form D filings through . SBIR and STTR awards through .