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Redwood Materials

The AI engine Fit Assessment

Beta

The company is focused on creating a circular supply chain for lithium-ion batteries, which aligns with the requirement for battery circularity solutions.

Blurb

Redwood Materials is a battery recycling startup that makes electric vehicles and sustainable materials for circular supply chains.

HQ Location

Carson City (United States)

Founded

2017

Employees

1001 - 5000

Total funding raised

$4.24B

Funding Status

Series E, $425.00M, October 23, 2025

Redwood Materials is building the U.S. stockpile of critical materials and deploying large-scale energy storage. Founded by JB Straubel, the company produces lithium, nickel, cobalt, copper, and cathode active material at scale in the U.S., manufactures key components for advanced batteries, and deploys energy storage systems that power data centers and the nation’s grid. Redwood is expanding domestic capacity for next-generation energy storage and strengthening U.S. energy dominance.