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Electra secures $30M from JP Morgan to scale clean iron technology  

March 14, 2026
JPMorgan has extended a $30 million venture debt facility to clean iron startup Electra to help scale its low-emissions iron production technology. Electra informed that it will use the fund to expand technology and commercial operations. Steel sector faces pressure to cut emissions Steelmaking is one of the largest sources of industrial emissions globally. It