Full-Time
Confirmed live in the last 24 hours
Recycles batteries for domestic material supply
Senior
McCarran, NV, USA
Redwood Materials focuses on battery recycling and the supply chain for lithium-ion batteries. The company transforms used batteries into valuable materials, specifically anodes and cathodes, which are essential for battery production. By recycling batteries, Redwood Materials creates a domestic source for these critical components, reducing the reliance on overseas suppliers and the associated costs and environmental impact. This approach not only addresses the sustainability challenges in battery production but also supports U.S. cell manufacturers in lowering their expenses. Unlike competitors, Redwood Materials emphasizes large-scale recycling to provide a more sustainable and cost-effective solution for the growing demand for lithium-ion batteries, which is expected to increase significantly in the coming years. The company's goal is to create a more efficient and environmentally friendly supply chain for battery production in North America.
Company Stage
Series D
Total Funding
$1.7B
Headquarters
Carson City, Nevada
Founded
2017
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