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Ascend Elements Stock

Industrial and Transportation

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Founded: 2015Funding to Date: $924M

The goal of Ascend Elements' battery resources technology is to improve the way end-of-life lithium-ion battery processing is done. The company uses direct recycling as well as hydro process recycling in its cutting-edge technologies. Through this process, old cathode material is broken down to the atomic level and fresh cathode material is created. This enables efficient recycling and inexpensive battery materials.

Investors Include:

Hitachi Ventures, BHP Group, Doral Group, SK Ecoplant, Mirae Asset Capital, Fifth Wall, Oman Investment Authority, At One Ventures, Doral Energy Tech Ventures, MassVentures, PULSE - CMA CGM Energy Fund, National Science Foundation, Qatar Investment Authority, Agave SPV, Massachusetts Clean Energy Center, Decarbonization Partners, Pacific Investment Management Company, Lithium Americas (Argentina), GLY Capital Management, Temasek Holdings, Alumni Ventures, Mirae Asset Global Investments, Jaguar Land Rover Automotive, Shinhan Financial Group, Foothill Ventures.