ArcelorMittal’s XCarb Innovation Fund launches third Accelerator Programme in China

ArcelorMittal announces that its XCarb^® Innovation Fund is launching an accelerator programme, in collaboration with Northeastern University’s Energy and Environmental Materials Research Centre (E²MC), to fund and support the next wave of breakthrough ideas on decarbonisation emerging from China.

Applicants to the XCarb^® China Accelerator Programme will need to be start-ups or early-stage companies based in China, with post-lab scale concepts for commercially scalable technologies that hold strong potential to decarbonise steelmaking.

The following domains have been chosen as priorities for this year’s Accelerator Programme:

ArcelorMittal acknowledge that there is not one method for achieving net-zero and will consider applications in other areas related to steel decarbonisation, including AI for steel optimisation, technologies for steel scrap quality improvement and disruptive hydrogen technologies.

As in the previous editions of the programme, the XCarb^® China Accelerator Programme will guide finalists on their pitch to the XCarb^® Innovation Fund Investment Committee, for an equity investment or a potential research collaboration. The company aims to announce the winner in Q3 2025.

www.arcelormittal.com