Full-Time
Posted on 9/6/2024
Recycles batteries for domestic material supply
Mid, Senior
Remote in 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 suppliers and the associated costs. This approach not only lowers production costs for U.S. cell manufacturers but also addresses environmental concerns related to battery production. Unlike competitors, Redwood Materials emphasizes sustainability by recycling existing batteries rather than sourcing new materials, which helps to minimize the carbon footprint of battery manufacturing. The company's goal is to support the growing demand for lithium-ion batteries while promoting a more sustainable and efficient supply chain.
Company Stage
Series D
Total Funding
$1.7B
Headquarters
Carson City, Nevada
Founded
2017
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