ReferIndia News Stegra Secures Massive Funding Led by Wallenberg Family to Propel Green Steel Revolution

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Stegra Secures Massive Funding Led by Wallenberg Family to Propel Green Steel Revolution

Published on: April 14, 2026, 12:01 p.m. | Source: Devdiscourse

Swedish startup Stegra has acquired €1.4 billion in funding from a consortium led by the Wallenberg family. This funding will help complete Stegra's hydrogen-based steel plant. The Wallenberg family, through their investment arm and alongside partners Temasek and IMAS, reinforces their position in the green steel industry.

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