Swedish green steel advocate, H2 Green Steel, has secured a total of $190 million in the first Series B financing round from a selected group of investors but it hopes to raise as much as $2.5 billion in subsequent rounds. Following its launch in February 2021, and the closing of the Series A financial round in May of the same year, the company has gained approval for the construction of a steel production plant in Boden, Sweden, in record time. The firm has also secured contracts for 14 TWh of renewable energy that will power the Boden facility where groundwork has already started. The Series B funding was led by new investors like Swedbank Robur Alternative Equity, AMF, GIC, Schaffler…