About Electrasteel
Electrasteel is a private company based in Boulder, Colorado, incorporated in 2020 in Delaware. It has reported $208,673,901 raised in two offerings on Form D since June 2021. Its chief executive is Sandeep Nijhawan.
Funding Rounds (SEC Form D)
| First sale | Filed with SEC | Amount sold | Investors | Avg. check | Terms | Filing |
|---|---|---|---|---|---|---|
| Dec 18, 2024 | Jan 2, 2025 | $180,423,919of $256.7M target | 17 | $10.6M | EquityRule 506(b) | Form D ↗ |
| Jun 1, 2021 | Jun 16, 2021 | $28,249,982fully sold | 8 | $3.5M | EquityRule 506(b) | Form D ↗ |
| Total, two offerings | $208,673,901 | |||||
First sale is the date the first investor in the offering committed to invest. Companies must file Form D within 15 days of that date, so filing dates run later.
Leadership Team
Executive officers and directors listed on Electrasteel's Form D filed Jan 2, 2025.
QP
Quoc Pham
Executive officer and director
RT
Russell Tham
Director
SN
Sandeep Nijhawan
Chief Executive Officer and director
DD
David Danielson
Director
DS
Dipender Saluja
Director
Also a director at Electric Hydrogen and Heron Power and a managing partner, capricorn investment group’s technology impact and director at Eridu.
FS
Frank O'Sullivan
Director
Earlier filings also listed Alan Chang (director, last listed Jun 2021).