Full-Time
Confirmed live in the last 24 hours
Recycles batteries for domestic material supply
Expert
McCarran, NV, USA
Redwood Materials focuses on battery recycling and the supply chain for lithium-ion batteries. The company recycles used batteries to produce anode and cathode materials, which are essential components for battery production. By transforming the supply chain, Redwood Materials aims to provide a domestic source of these materials, reducing the reliance on overseas procurement and the associated costs and environmental impact. Unlike its competitors, Redwood Materials emphasizes sustainability and cost-effectiveness by offering large-scale sources of recycled materials to U.S. cell manufacturers. The company's goal is to support the growing demand for lithium-ion batteries, which is expected to increase significantly by 2030, while promoting a more sustainable approach to battery production.
Company Stage
Series D
Total Funding
$1.7B
Headquarters
Carson City, Nevada
Founded
2017
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