Sparkmate
Developer of fully electrified, autonomous steel manufacturing facilities that use a proprietary low-temperature alkaline electrolytic process to convert low-grade iron ore into high-purity iron and steel alloys.
- CEO / Founder
- Morgan Pelissier
- Team Size
- 11-50
- Stage
- Active
- Total Funding
- Bootstrapped
- Latest Round
- Seed
- Key Investors
- Silicon Roundabout Ventures
Technology & Products
Key Products
Electric steel production technology; low-temperature electrolysis for primary ironmaking; development of fully electrified, autonomous ore-to-steel factories
Technological Advantage
Claimed: Integrated execution model combining capital with hands-on engineering and facilities. Verified: Powered 100+ projects over 4 years.
Differentiation
Value Proposition
Electrifies and automates iron and steel production via modular, autonomous mills, replacing coal-based steelmaking with a cleaner electrolytic process to decarbonize global steel manufacturing.
How They Differentiate
Develops low-temperature electrolysis for primary ironmaking and integrates electrification and automation into ore-to-steel production.
Market & Competition
Target Customers
Founders launching climate-focused hardware startups
Industry Verticals
Steelmaking; Primary Ironmaking; Industrial Decarbonization
Competitors
Protolabs; Fictiv; Xometry
Growth & Milestones
Growth Metrics
Powered 100+ innovative projects over 4 years; launches 3-5 new businesses per year
Major Milestones
Founded in 2020; Powered 100+ projects by 2024; Exhibiting at TCT Asia 2026
Notable Customers
Airbus; L'Oreal; Coca-Cola; Moonbike; Transition; Oly