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Hertha Metals raises $133.65 million with US government backing
Original: Hertha Metals gets $133.65 million in funding, including equity investment from US government
Hertha Metals has secured $133.65 million in new funding, with an equity investment from the United States government included in the round. The metals startup's ability to attract direct federal investment is drawing attention, as it signals government interest in strengthening domestic critical materials supply chains. Details on how the funds will be used and the government's stake have not been fully disclosed.
Why now: Direct US government equity investment in a private metals startup is unusual and points to federal priorities around domestic supply chains and strategic materials.
Hertha MetalsUnited States government
Evidence
- Hertha Metals gets $133.65 million in funding, including equity investment from US government · The Business Journals
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