Just Climate led a Series B round in H2 Green Steel.

Just Climate, a private equity firm that focuses on greentech companies, led a Series B round in H2 Green Steel, a producer of green steel, which involves the use of less carbon dioxide emissions compared to traditional steelmaking. Financial terms were not disclosed. "Those who have invested in our company are all at the forefront of enabling the change required to meet the targets of the Paris Agreement. Just Climate is no exception. They believe in our business case as well as our purpose to accelerate decarbonisation of heavy polluting industries. Being among the first green impact investments of Just Climate shows the impact our company will have on some of the dirtiest industries today," Henrik Henriksson, H2 Green Steel CEO.