When was Element Zero founded?

Element Zero was founded in 2022 and raised its 1st funding round 2 years after it was founded.

Where is Element Zero located?

Element Zero is headquartered in Malaga, Spain.

Who is the current CEO of Element Zero?

Michael Masterman of Element Zero. They have also founded 1 company.

How many employees does Element Zero have?

As of Sep 30, 2026, the latest employee count at Element Zero is 14.

Is Element Zero a funded company?

Element Zero is a funded company, having raised a total of $***** in its 1st and only funding round, a Seed round on Jan 17, 2024.

When was the latest funding round of Element Zero?

Element Zero's latest funding was a $***** Seed round on Jan 17, 2024, with participation from 1 investor.

Where does Element Zero rank among its competitors?

Element Zero ranks 4th amongst 18 active competitors, of which 8 are funded. It stands 5th in terms of total funding among its competitors. The most recent competitor to raise funding was Stegra, which secured $1.64B in Apr, 2026.

Who are the top competitors of Element Zero?

Element Zero's top competitors include Electra, Stegra and GreenIron. Among them, Stegra secured the most recent funding round in April, 2026.

Element Zero - 2026 Company Profile, Team, Funding & Competitors

Element Zero is a seed company based in Malaga (Spain), founded in 2022 by Bart Kolodziejczyk and Michael Masterman. It operates as a Developer of electrochemical processes for zero emission metal ore conversion. Element Zero has raised $10M in funding from Playground Global. The company has 18 active competitors, including 8 that are funded. Its top competitors include companies like Electra, Stegra and GreenIron.

Company Details

Developer of electrochemical processes for zero emission metal ore conversion. This technology utilizes non-aqueous electroreduction to transform iron, nickel, and other mineral ores into pure metal forms. The process operates at low temperatures and functions using renewable energy sources such as wind, solar, and hydropower. By eliminating the need for fossil fuels and membranes, the system reduces energy consumption during the mineral processing phase. The modular design allows for the extraction of various metals and the recovery of by-products including silica, alumina, and manganese. This approach targets industrial emissions by replacing traditional carbon-intensive methods with a single-step electrochemical platform.

Website: elementzero.green
Email ID: *****@elementzero.green

Key Metrics

Founded Year

2022

Location

Malaga, Spain

Stage

Seed

Total Funding

$10M in 1 round

Latest Funding Round

Seed, Jan 17, 2024, $*****

Investors

Playground Global

Ranked

4^th among 18 active competitors

Employee Count

14 as on Sep 30, 2026

Similar Companies

Electra & 8 more

View Element Zero's full profile

Element Zero has raised a total funding of $10M over 1 round. Its latest funding round was a Seed round on Jan 17, 2024 for $*****. 1 investor participated in its latest round. Element Zero has 1 institutional investor.

Here is the list of recent funding rounds of Element Zero:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jan 17, 2024	7745287	Seed	1684933	9391552	9865097	7499287

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View details of Element Zero's funding rounds and investors

The founders of Element Zero are Bart Kolodziejczyk and Michael Masterman. Michael Masterman is the CEO of Element Zero.

Here are the details of Element Zero's key team members:

Bart Kolodziejczyk: Co-Founder of Element Zero.
Contact Info: 1 email address
Michael Masterman: Co-Founder & CEO of Element Zero.
Contact Info: 1 email address

View details of Element Zero's Founder profiles and Board Members

Element Zero's employee count trend

Element Zero has 14 employees as of Sep 26. Here is Element Zero's employee count trend over the years:

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Top competitors of Element Zero include Electra, Stegra and GreenIron. Here is the list of Top 10 competitors of Element Zero, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Electra 2020, Boulder (United States), Series B	Manufacturer of clean iron using electrochemical processes and iron ore	$299M	Temasek, Capricorn & 19 others	65/100
2nd	Stegra 2020, Stockholm (Sweden), Series A	Developer of technology for green hydrogen, green iron, and green steel	$1.64B	Wallenberg Investments AB, IMAS & 13 others	60/100
3rd	GreenIron 2018, Stockholm (Sweden), Series A	Provider of CO2-free metal production using recycled materials	$5.51M	FAM, Almi Invest	50/100
4th	Element Zero 2022, Malaga (Spain), Seed	Developer of electrochemical processes for zero emission metal ore conversion	$10M	Playground Global	45/100
5th	GravitHy 2022, Marseille (France), Series A	Developer of low-carbon iron	$64.8M	Marcegaglia, ENGIE New Ventures & 5 others	42/100
6th	Meranti Green Steel 2023, Singapore, Unfunded	Manufacturer of iron and steel products using green hydrogen technology	-	-	36/100
7th	Hydnum Steel Funding Raised	Provider of an online event listing and ticketing platform	-	Mintur	35/100
8th	Blastr Norway, Late Stage	Producer of ultra-low CO₂ steel using hydrogen. It replaces coal and coke with hydrogen in the steel production process, drastically reducing carbon emissions. The company develops integrated, decarbonized, and scalable value chains for ultra-low CO₂ steel production. This approach aims to create a cost-competitive product while contributing to a more sustainable future. It is supported by strategic partners and technology providers.	-	Tesi	35/100
9th	Herthametals Series B	Developer of sustainable steel production technology	$17M	Clean Energy Ventures, Breakthrough Energy ... & 3 others	43/100
10th	Limelight Steel 2021, San Diego (United States), Seed	Provider of steel manufacturing services	-	Collab Fund, Incite & 6 others	33/100