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Ascend Elements

109 employees

Ascend Elements manufactures sustainable battery materials using elements from discarded lithium-ion batteries.

Basic info

Industry

renewable energy semiconductor manufacturing
industrial machinery manufacturing

Sectors

Energy
Sustainability
Energy Storage
Recycle
Battery
Manufacturing
Batteries
Advanced Materials
Green Energy

Date founded

2015

Funding rounds raised

Total raised

$480M

from 27 investors over 27 rounds

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Ascend Elements raised $460M on September 6, 2023

Investors: Qatar Investment Authority, Hitachi Ventures, Mirae Asset MAPS Global Investments Co., Ltd, Temasek and Tenaska Capital Management

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Ascend Elements raised undisclosed on May 1, 2023

Investors: Alumni Ventures Group

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Ascend Elements raised $200M on October 26, 2022

Investors: Ministry of Finance -The State General Reserve Fund, Lithium Americas Corp., Hitachi Ventures, TRUMPF Venture, SK Engineering & Construction Co. Ltd and InMotion Ventures

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Ascend Elements raised $480M on October 19, 2022

Investors: U.S. Department of Energy

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Ascend Elements raised $50M on September 1, 2022

Investors: SK Engineering & Construction Co. Ltd

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Ascend Elements raised $70M on September 21, 2021

Investors: InMotion Ventures, TRUMPF Venture, Hitachi Ventures, TDK Ventures and At One Ventures

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Ascend Elements raised $20M on April 12, 2021

Investors: MassVentures, At One Ventures, Foothill Ventures, TDK Ventures, InMotion Ventures and TRUMPF Venture

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Ascend Elements raised $174K on January 10, 2019

Investors: Massachusetts Clean Energy Center

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Ascend Elements raised $300K on June 1, 2018

Investors: MassVentures

FAQ