Molten Industries, a fast-expanding US-based startup, has successfully closed a $25 million Series A funding round led by Breakthrough Energy Ventures with participation from various investors. The company specializes in converting natural gas into clean graphite and hydrogen. Molten plans to utilize the funding to build its first modular commercial reactor in Oakland and establish itself as a key producer of graphite for lithium-ion batteries and clean hydrogen. Founded by Dr. Caleb Boyd and Dr. Kevin Bush, Molten aims to reduce carbon emissions in heavy industries by providing high-grade graphite for batteries using natural gas and renewable electricity. Their technology also generates clean hydrogen as a byproduct, supporting decarbonization efforts in sectors like steel and chemical production. The company's innovative approach not only addresses the global need for critical materials like graphite but also offers a cost-effective and environmentally friendly source of hydrogen for various applications. With the expansion of global manufacturing and electric vehicle production, the demand for graphite has increased, emphasizing the importance of secure access to critical materials. Molten's technology presents the United States with an opportunity to produce graphite domestically, reducing costs and improving supply chain resilience. Additionally, Molten is in the process of selecting a location for its commercial plant, which is expected to produce significant quantities of hydrogen and graphite annually to meet industry demands. Breakthrough Energy Ventures and investors like Sozo Ventures have praised Molten for its potential to transform the battery sector, enable domestic graphite production, and contribute to the advancement of sustainable energy solutions, particularly in the EV market. The company's innovative methane pyrolysis technology not only addresses the challenge of securing clean hydrogen sources but also positions Molten as a key player in driving decarbonization efforts across multiple industries.