Together. Now.
Decarbonizing Steel
Steel is one of the hardest sectors to decarbonize, yet one of the most critical. With over 7% of global COâ‚‚ emissions, its transformation demands urgent, coordinated action. We need the entire ecosystem - Steelmakers, Industry experts, OEMs, Researchers and policymakers—to come together and co-create scalable, commercially viable solutions that fast-track decarbonization.
Why Venture Studio Approach
The venture studio model blends problem-first thinking, deep process expertise, and cross-sector collaboration to de-risk the journey from lab to plant ,crucial for accelerating steel decarbonization
About NOW (BWN-EIR) Program
NOW Venture Studio helps founders build DeepTech steel decarbonization ventures with expert co-building, industrial access, funding, and IP-led solutions—faster and with lower risk.
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Build on pre-validated challenges 

Real industrial problems directly sourced from steel plants
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De-risked DeepTech Journey

Structured support across funding, tech, talent & pilots
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Instant Industry Access

Work directly with steelmakers, OEMs & experts for fast validation and scale
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Milestone-Based Funding

Access pre-seed capital ($250K) tied to venture progress
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Co-building with Experts

Build with top engineers, scientists, and operators from day one
At NOW Venture Studio, we’re building ventures to tackle industrial decarbonization—starting with steel. We believe this challenge needs deep collaboration across the ecosystem.
We’re seeking partners: steel experts, companies, OEMs, researchers, policy shapers, and investors. Whether you’re advancing science, driving operations, or enabling transformation, let’s explore how we can work together.
Let’s co-create scalable, profitable ventures that accelerate steel decarbonization.