Swedish green steel firm concludes €1.4B financing round. Here's the new board
24 Jun 2026
19:55
Stegra has closed its €1.4bn financing round, first agreed in April, with a Wallenberg Investments-led consortium taking an indirect majority stake and four board seats.
The Swedish green steel company has also confirmed a structural reorganisation, including a name change to part of the group.
The Swedish green steel company has also confirmed a structural reorganisation, including a name change to part of the group.
Stegra finally has the financing in place to continue building the world's largest green steel plant in the north of Sweden.
The €1.4bn round is the largest secured by any venture-backed climate tech company globally so far this year.