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Key people at BlueScopeX.
BlueScopeX operates as the corporate venture capital arm of BlueScope Steel, making strategic investments in emerging technologies and businesses. The firm focuses on innovations driving decarbonization across the steel production value chain, alongside advancements in energy and information technology. It identifies and supports startups developing solutions to enhance efficiency and sustainability within industrial sectors.
Established in 2021 and based in Melbourne, Australia, BlueScopeX formed as a direct strategic extension of BlueScope Steel. The core insight was the imperative to de-risk and diversify steel manufacturing processes through external innovation. This initiative leverages BlueScope Steel's deep industry expertise, integrating pioneering technologies crucial for the future resilience of its materials enterprise.
BlueScopeX's portfolio companies serve industrial clients, supply chain partners, and the construction and manufacturing sectors utilizing steel. Its overarching vision is to cultivate a sustainable, technologically advanced future for the global steel industry. The firm aims to accelerate transformative solutions, ensuring long-term resilience and environmental stewardship.
Key people at BlueScopeX.
BlueScopeX has 2 tracked investments across 2 companies. The latest tracked deal is $111.0M Series B in Hysata in May 2024.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| May 9, 2024 | Hysata | $111.0M Series B | Anastasia Vaia, Alfred Wong | Hostplus, IMM Investment, Oman Investment Authority, Posco E&C, Posco Holdings, Shinhan Financial Group, Telstrasuper, Twin Towers Ventures, Vestas Ventures, Virescent Ventures |
| Nov 2, 2023 | SPEC Toolbox | $1.5M Seed | Archangel Ventures, Bluescopex, ROB Phillpot | Adrian Hondros, Jodie Imam, Peter LAM, Ecotone Ventures, Flying FOX Ventures |
