MetOx
Assembly Line
MetOx International Secures Additional $25M Series B Extension
MetOx International, Inc. (MetOx), a leading U.S.-based developer and manufacturer of high-temperature superconducting (HTS) wire, announced the successful close of a $25 million Series B Extension. As part of this funding, we welcome several marquee investors including energy-focused family office, Centaurus Capital and premier climate and energy transition-focused venture firm New System Ventures (NSV). This investment signals strong investor confidence in the company’s rapid scale up of its Xeus™ HTS wire technology for key energy transition applications.
MetOx’s proprietary manufacturing technology enables production of HTS wire at commercial scale, positioning the company at the forefront of the energy transition. This investment will support the expansion of the company’s U.S.-based manufacturing capabilities, enabling MetOx to meet rapidly growing domestic and global demand for HTS solutions.