Full-Time
Confirmed live in the last 24 hours
Recycles batteries for domestic material supply
Senior
Carson City, NV, USA
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Redwood Materials focuses on battery recycling and the supply chain for lithium-ion batteries. The company recycles used batteries to produce domestic sources of anode and cathode materials, which are essential components for battery production. This process not only reduces costs but also addresses sustainability concerns by minimizing the need for overseas procurement of critical metals. Unlike many competitors, Redwood Materials aims to create a more localized supply chain, significantly cutting down the distance materials travel and the associated environmental impact. The goal is to support U.S. cell manufacturers in their transition to more sustainable practices while meeting the increasing demand for lithium-ion batteries, which is expected to grow by over 500% by 2030.
Company Stage
Series D
Total Funding
$1.7B
Headquarters
Carson City, Nevada
Founded
2017
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