About Redwood Materials

Redwood Materials recycles lithium-ion batteries and manufacturing scrap to recover critical materials like cobalt, nickel, and lithium for reuse in new battery production.

Investment Thesis

Critical circular economy play for the EV supply chain

Why We Invested

  • Founded by former Tesla CTO JB Straubel with deep EV expertise

  • Critical for domestic battery material supply chain security

  • Partnerships with Toyota, Ford, and Panasonic for recycling

  • Growing regulatory tailwinds for battery recycling requirements

Key Metrics

$1.1B
Total Funding
$4B
Latest Valuation
9+
Years Active
1000+
Team Size

Company Details

Legal Name Redwood Materials Inc.
Industry Battery Recycling
Sectors Battery Recycling, Circular Economy
Stage Mid-stage
Founded 2017
Headquarters Carson City, Nevada, USA
Company Size 1000+ employees

Investment Overview

Investment Thesis

Critical circular economy play for the EV supply chain

Key Investment Factors

Market Opportunity

Redwood Materials operates in the Battery Recycling market, which is projected to grow significantly in the coming years.

Competitive Advantage

Proprietary technology and strong market position create significant barriers to entry.

Growth Strategy

Clear path to growth through market expansion, product development, and strategic acquisitions.

Financial Summary

$1.1B
Total Funding
$4B
Latest Valuation
Mid-stage
Funding Stage
Aug 2023
Last Funding

Invest in Redwood Materials

$4B
Latest Valuation
1
Available Funds
Mid-stage
Current Stage
$1.1B
Total Funding

Gain exposure to this high-growth company through our professionally managed funds. Our investment team has conducted extensive due diligence to identify promising opportunities.

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