M

Molten Industries

Low-cost hydrogen production with reduced emissions

Overview

Molten Industries creates a cleaner, lower-cost way to produce hydrogen for chemical and heavy industries. Its process yields hydrogen with much lower carbon dioxide emissions than traditional methods. The company differentiates itself by focusing on environmental impact and cost reductions, aiming to cut up to 30% of global hydrogen-related emissions. Its goal is to commercialize the technology and become a leading supplier of clean hydrogen to decarbonize energy infrastructure across industry.

Work here?Claim your company

About Molten Industries

Simplify's Rating
Why Molten Industries is rated
B-
Rated B on Competitive Edge
Rated B on Growth Potential
Rated C on Differentiation

Industries

Industrial & ManufacturingEnergy

Company Size

11-50

Company Stage

Series A

Total Funding

$32.4M

Headquarters

Oakland, CA

Founded

2021

Get referred to Molten Industries

See people who can refer or advise you

Simplify Jobs

Simplify's take

What believers are saying

  • POSCO Future M signed with Molten on March 11, 2026 for anode feedstock.
  • Molten's website was updated August 22, 2026, signaling active company operations.
  • DOE-funded U.S. Steel testing links Molten to steel decarbonization and industrial validation.

What critics are saying

  • POSCO's March 2026 MOU is not a purchase contract; revenue stays unproven.
  • Molten still described its technology as pilot scale in March 2026.
  • A 24-person team and $25 million raise strain commercialization before 2027.

What makes Molten Industries unique

  • Methane pyrolysis makes graphite and hydrogen together, unlike electrolyzer-only hydrogen startups.
  • Molten claimed in March 2026 to be the only methane-pyrolysis graphite producer.
  • U.S. Steel and DOE backed Molten's July 2024 pilot-scale DRI integration.

Help us improve and share your feedback! Did you find this helpful?

Funding

Total Funding

$32.4M

Above

Industry Average

Funded Over

3 Rounds

Series A funding typically happens when a startup has a product and some customers, and now needs funding to scale. This money is usually used to grow the team, expand marketing, and improve the product. Venture capital firms are frequently the main investors here.
Series A Funding Comparison
Above Average

Industry standards

$15M
$8.2M
$15M
$25M
$30M

Benefits

  • Health Insurance
  • Dental Insurance
  • Vision Insurance
  • 401(k) Company Match
  • Unlimited Paid Time Off
  • Company Equity

Growth & Insights and Company News

6 month growth

-4%

1 year growth

-4%

2 year growth

4%
Evertiq
Mar 31st, 2026
Posco partners with Molten to develop anode material.

Posco partners with Molten to develop anode material. Under the arrangement, Molten will produce graphite via methane pyrolysis, which Posco Future M will then process into spherical graphite through its subsidiary FutureGraph before producing natural graphite anode material at its Sejong plant. Posco Future M is collaborating with US-based Molten to develop natural graphite anode material from non-mined raw materials. Posco Future M signed an MOU with Molten through which the South Korean company will combine its anode material technology with Molten's methane-based graphite production technology to strengthen its anode material feedstock supply chain, Posco said in a press release. Under the planned arrangement, Molten will produce graphite via methane pyrolysis, which Posco Future M will then process into spherical graphite through its subsidiary FutureGraph before producing natural graphite anode material at its Sejong plant. Graphite produced from methane gas contains lower levels of metallic impurities than mined graphite, reducing the number of purification steps required and yielding substantial cost savings in the production of natural graphite anode material. In addition, methane pyrolysis generates hydrogen as a co-product alongside graphite, which is expected to create synergies at the Posco Group level, including potential use of the hydrogen for power generation or as a feedstock for Posco's hydrogen-based direct reduction steelmaking operations, the press release said. "We have until now relied on graphite mined from conventional sources, but by combining the raw material and advanced materials expertise of both companies, we will secure key feedstock through an entirely new approach," Young-jun Hong, Head of the Posco Future M Technology Research Laboratory, said. "We expect this to give us a differentiated competitive edge in the global market through both supply chain diversification and cost reduction." Explore the evolving landscape of the electronics industry and plan your 2026 season with Evertiq Expo. On April 23 Evertiq New Media AB will inaugurate its first-ever Evertiq Expo in Zurich. Each event brings together key industry players, researchers and innovators shaping the future of electronics. To stay up to date with the latest developments, sign up for the Newsletter.

ChemAnalyst
Jul 23rd, 2024
Molten Industries Partners with U.S. Steel and CPFD Software to Pioneer Carbon-Neutral Steel Production

Molten Industries partners with U.S. Steel and CPFD Software to pioneer carbon-neutral steel production.

Business Wire
Jun 21st, 2024
Molten Industries Raises $25M Series A to Produce Clean Graphite and Hydrogen and Onshore Battery Supply Chains

Molten Industries (“Molten”), a fast-growing American start-up that converts natural gas into clean graphite and hydrogen, has announced the successfu

FinSMEs
Jun 20th, 2024
Molten Industries Raises $25M in Series A Funding

Molten Industries, an Oakland, CA-based company that converts natural gas into clean graphite and hydrogen, raised $25M in Series A funding.

U.S. Department of Energy
Mar 12th, 2024
Funding Selections: Industrial Efficiency and Decarbonization FOA

On June 14, the U.S. Department of Energy (DOE) announced $135 million in funding for 40 projects that will reduce the carbon footprint of the industrial sector and move the U.S. towards a net-zero emissions economy by 2050.

Recently Posted Jobs

Sign up to get curated job recommendations

There are no jobs for Molten Industries right now.

Find jobs on Simplify and start your career today

We update Molten Industries's jobs every few hours, so check again soon!Browse all jobs