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Redwood Materials stock

Redwood Materials Stock

Industrial and Transportation

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Founded: 2017Funding to Date: $2.15Bhttps://www.redwoodmaterials.com

Redwood Materials operates a platform dedicated to establishing a domestic closed-loop supply chain for lithium-ion batteries. The company focuses on recycling end-of-life batteries and production scrap, refining essential elements like lithium, nickel, cobalt, and copper, and deploying large-scale energy-storage systems utilizing second-life battery packs. This approach allows manufacturers and utilities to access recycled materials and storage capacity, reducing reliance on new mining operations and foreign supply chains.

Investors Include:

HyperGuap, Lurra Capital, Breakthrough Energy, Redefine Ventures, Gen7 Investments, Eclipse Capital, Franklin Venture Partners, Emerson Collective, Caterpillar, Regatta Capital Group.

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