Full-Time
Confirmed live in the last 24 hours
Recycles batteries for domestic material supply
Junior, Mid
McCarran, NV, USA
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 in 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 closed-loop supply chain within North America, significantly cutting down the distance materials travel and the associated environmental impact. The goal of Redwood Materials is to support the growing demand for lithium-ion batteries, projected to increase by over 500% by 2030, while promoting a more sustainable and efficient battery production process.
Company Stage
Series D
Total Funding
$1.7B
Headquarters
Carson City, Nevada
Founded
2017
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