Founded Year

2017

Stage

Unattributed VC | Alive

Total Raised

$3.991B

Revenue

$0000 

Mosaic Score
The Mosaic Score is an algorithm that measures the overall financial health and market potential of private companies.

+11 points in the past 30 days

About Redwood Materials

Redwood Materials specializes in creating a sustainable circular supply chain for lithium-ion batteries within the recycling and manufacturing industry. The company's main services include recycling used batteries, refining metals through hydrometallurgical processes, and remanufacturing anode and cathode components for new batteries. Redwood Materials primarily serves the battery manufacturing sector, providing domestically sourced materials to U.S. cell manufacturers. It was founded in 2017 and is based in Carson City, Nevada.

Headquarters Location

2801 Lockheed Way

Carson City, Nevada, 89706,

United States

1-888-994-9967

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ESPs containing Redwood Materials

The ESP matrix leverages data and analyst insight to identify and rank leading companies in a given technology landscape.

EXECUTION STRENGTH ➡MARKET STRENGTH ➡LEADERHIGHFLIEROUTPERFORMERCHALLENGER
Industrials / Energy Tech

The electric vehicle (EV) battery recycling solutions market focuses on safely recycling used lithium-ion batteries from electric vehicles and recovering critical materials like lithium, nickel, and cobalt. Companies in this market process end-of-life EV batteries and manufacturing scrap through hydrometallurgical, pyrometallurgical, and direct recycling methods to produce battery-grade materials …

Redwood Materials named as Leader among 15 other companies, including ExxonMobil, Umicore, and Contemporary Amperex Technology.

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Research containing Redwood Materials

Get data-driven expert analysis from the CB Insights Intelligence Unit.

CB Insights Intelligence Analysts have mentioned Redwood Materials in 4 CB Insights research briefs, most recently on Mar 12, 2024.

Expert Collections containing Redwood Materials

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Redwood Materials is included in 5 Expert Collections, including Auto Tech.

A

Auto Tech

3,978 items

Companies working on automotive technology, which includes vehicle connectivity, autonomous driving technology, and electric vehicle technology. This includes EV manufacturers, autonomous driving developers, and companies supporting the rise of the software-defined vehicles.

U

Unicorns- Billion Dollar Startups

1,276 items

E

Energy Storage

5,350 items

Companies in the Energy Storage space, including those developing and manufacturing energy storage solutions such as lithium-ion batteries, solid-state batteries, and related software for battery management.

A

Advanced Manufacturing

4,160 items

Companies in the advanced manufacturing tech space, including companies focusing on technologies across R&D, mass production, or sustainability

A

Advanced Manufacturing 50

50 items

Redwood Materials Patents

Redwood Materials has filed 14 patents.

The 3 most popular patent topics include:

  • electric vehicle battery manufacturers
  • battery electric cars
  • rechargeable batteries
patents chart

Application Date

Grant Date

Title

Related Topics

Status

8/21/2023

12/3/2024

Electric vehicle battery manufacturers, Battery electric cars, Battery electric vehicle manufacturers, Battery manufacturers, Rechargeable batteries

Grant

Application Date

8/21/2023

Grant Date

12/3/2024

Title

Related Topics

Electric vehicle battery manufacturers, Battery electric cars, Battery electric vehicle manufacturers, Battery manufacturers, Rechargeable batteries

Status

Grant

Latest Redwood Materials News

Redwood Materials launches energy storage business and its first target is AI data centers

Jul 4, 2025

A passerby might not realize this unassuming array is the largest microgrid in North America, that it's powering a 2,000 GPU modular data center for AI infrastructure company Crusoe, or that it represents the next big act of JB Straubel, the co-founder and CEO of Redwood Materials. Redwood Materials announced Thursday during an event at its… More like this

Redwood Materials Frequently Asked Questions (FAQ)

  • When was Redwood Materials founded?

    Redwood Materials was founded in 2017.

  • Where is Redwood Materials's headquarters?

    Redwood Materials's headquarters is located at 2801 Lockheed Way, Carson City.

  • What is Redwood Materials's latest funding round?

    Redwood Materials's latest funding round is Unattributed VC.

  • How much did Redwood Materials raise?

    Redwood Materials raised a total of $3.991B.

  • Who are the investors of Redwood Materials?

    Investors of Redwood Materials include Bossa Invest, Capricorn Investment Group, T. Rowe Price, Deepwater Asset Management, OMERS Infrastructure and 22 more.

  • Who are Redwood Materials's competitors?

    Competitors of Redwood Materials include Ascend Elements and 7 more.

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Compare Redwood Materials to Competitors

Ascend Elements Logo
Ascend Elements

Ascend Elements specializes in the production of advanced battery materials for the lithium-ion battery industry. The company offers a patented Hydro-to-Cathode process that recycles spent lithium-ion batteries into high-value materials for use in new electric vehicle (EV) batteries, enhancing sustainability within the industry. It primarily serves electric vehicle battery manufacturers and cathode manufacturers. Ascend Elements was formerly known as Battery Resourcers. The company was founded in 2015 and is based in Westborough, Massachusetts.

Green Li-Ion Logo
Green Li-Ion

Green Li-Ion focuses on producing modular hardware solutions for the battery recycling sector. The company's main offerings include converting spent batteries into cathode and anode materials that are ready for integration into the manufacturing processes of various types of batteries. It was founded in 2020 and is based in Singapore.

t
tozero

Tozero is involved in lithium-ion battery recycling within the environmental sustainability sector. It recovers materials such as lithium, nickel, cobalt, manganese, and graphite from various types of lithium-ion batteries. Tozero serves sectors including firms, electronic waste recyclers, battery manufacturers, and second-life battery firms. It was founded in 2022 and is based in Munich, Germany.

R
Redivivus

Redivivus specializes in lithium-ion battery recycling. It focuses on logistics and material recovery in the recycling industry. The company offers services that include neutralizing battery hazards, cryogenic freezing, shredding, and safe transportation of battery materials for recycling. Redivivus targets the recycling challenges faced by various sectors, providing solutions to safely and efficiently handle end-of-life batteries. It was founded in 2020 and is based in Colorado Springs, Colorado.

Princeton NuEnergy Logo
Princeton NuEnergy

Princeton NuEnergy specializes in the recycling of lithium-ion batteries within the clean-technology industry. The company utilizes a process for rejuvenating cathode and anode materials from spent batteries, aiming to produce materials with a reduced environmental impact. Princeton NuEnergy's technology differs from traditional battery recycling methods. It was founded in 2019 and is based in Bordentown, New Jersey.

B
Battery Pollution Technologies

Battery Pollution Technologies specializes in creating a circular economy for the lithium-ion battery sector. The company offers services such as recycling of lithium-ion batteries, maximizing the recovery and reprocessing of critical battery minerals, and repurposing batteries for second-life applications. Battery Pollution Technologies primarily serves sectors that require battery recycling and repurposing, including the electric vehicle industry and energy storage solutions. Battery Pollution Technologies was formerly known as Battery Pollution. It was founded in 2021 and is based in Sydney, New South Wales.

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