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Redwood Materials

439 employees

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

Basic info

Industry

industrial machinery manufacturing

Sectors

Electric Vehicle
Sustainability
Battery
Renewable Energy
Advanced Materials

Date founded

2017

Funding rounds raised

Total raised

$2B

from 17 investors over 17 rounds

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Redwood Materials raised $1B on August 29, 2023

Investors: OMERS Ventures, T. Rowe Price, Goldman Sachs Asset Management and Capricorn Investment Group

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Redwood Materials raised $2B on February 9, 2023

Investors: U.S. Department of Energy

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Redwood Materials raised $775M on July 28, 2021

Investors: Climate Pledge Fund, Valor Equity Partners, Breakthrough Energy Ventures, Baillie Gifford, Goldman Sachs Asset Management, Emerson Collective, Capricorn Investment Group and T. Rowe Price

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Redwood Materials raised undisclosed on September 17, 2020

Investors: Climate Pledge Fund

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Redwood Materials raised $40M on August 31, 2020

Investors: Breakthrough Energy Ventures, Amazon.com and Capricorn Investment Group

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