Full-Time
Confirmed live in the last 24 hours
Recycles batteries for domestic material supply
Expert
Carson City, 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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