Molten Industries

Molten Industries is an Oakland, California climate-hardware startup that uses methane pyrolysis to crack natural gas into clean hydrogen and high-value synthetic graphite, with no carbon dioxide emitted in the process. Founded in 2021 by Dr. Caleb Boyd and Dr. Kevin Bush, the company aims to onshore battery supply chains and decarbonize heavy industry by producing battery-grade graphite for lithium-ion cells and low-cost clean hydrogen for fuels, ammonia, plastics, and green steel. It raised a $25M Series A in June 2024 led by Breakthrough Energy Ventures to build its first modular commercial reactor.