A group of investors led a €60m Series A round in GravitHy.

A group of investors, including Ecolab, Japan Hydrogen Fund, Marcegaglia, Rio Tinto, Siemens Financial Services, Engie New Ventures, InnoEnergy, led a €60m Series A round in GravitHy, a future low-carbon iron producer. "We are thrilled by the confidence our diverse investors have shown in GravitHy. Collaboration is key to disrupting the steel value chain, and we are proud to welcome these incredible partners who share our vision, values, and development goals. Their support accelerates our flagship project in Fos-sur-Mer, creating jobs, driving technological progress, and setting a blueprint for a resilient, decarbonized, and sovereign European steel industry," José Noldin GravitHy CEO.