CONROE, Texas–(BUSINESS WIRE)–Hertha Metals, the steel company behind the world’s first single-step steel and high-purity iron process for lower-cost domestic production, today announced the close of a $133.65M Series A round, including a $65M equity investment from the U.S. Government, executed through its Industrial Base Analysis and Sustainment (IBAS) program in partnership with the Economic Defense Unit. The round was co-led by Khosla Ventures and Doerr Capital, with participation from CE
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