Steel Startup Stegra Gets Scaled-Back Grant Money of $41 Million
NeutralFinancial Markets

- Cash-strapped startup Stegra AB has been awarded 390 million kronor ($40.9 million) in public grant money, contingent upon securing sufficient funds by next spring to complete its green steel project.
- This funding is crucial for Stegra as it seeks to advance its operations in the green steel sector, highlighting the challenges faced by startups in securing financial backing for innovative projects in a competitive market.
— via World Pulse Now AI Editorial System







