Redwood Materials (Series D)
Funding Details
Awarder
SemiNews
Date Award
June 12, 2024
Vertical
Battery Materials
Funding Amount
$1,000,000
Company Info
Organizations Involved
Goldman Sachs Asset Management, Capricorn's Technology Impact Fund, T. Rowe Price Associates, OMERS, Caterpillar Venture Capital, Microsoft’s Climate Innovation Fund, Deepwater Asset Management
Founders
JB Straubel
Market
Sustainable Energy
Location
Carson City, NV, US
Coinvestors
Goldman Sachs Asset Management, Capricorn's Technology Impact Fund, T. Rowe Price Associates, OMERS, Caterpillar Venture Capital, Microsoft’s Climate Innovation Fund, Deepwater Asset Management
Company Description

Redwood Materials specializes in expanding the domestic battery supply chain by collecting end-of-life batteries, refining them to recover higher quantities, and creating sustainable battery materials. Their strategy focuses on building a closed-loop battery materials supply chain to power a sustainable future.

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