Redwood Materials

Redwood Materials: Series D Funding Round

Redwood Materials has successfully raised $1B in Series D funding, reaching a valuation of $5.5B.

Company Overview

Battery recycling and materials company

Funding Details

The Series D round was led by T. Rowe Price, with participation from Capricorn Investment Group, Baillie Gifford, Fidelity, Goldman Sachs, Microsoft Climate Innovation Fund.

Company Information

• Headquarters: 6600 Eastgate Drive, Carson City, NV 89706
• Founded: 2017
• Employees: 600+
• Category: Batteries

Investment

Redwood Materials plans to use the funds to accelerate product development, expand its team, and scale operations globally.

About the Investors

• T. Rowe Price: Verified investor in Series D
• Capricorn Investment Group: Verified investor in Series D
• Baillie Gifford: Verified investor in Series D
• Fidelity: Verified investor in Series D
• Goldman Sachs: Verified investor in Series D
• Microsoft Climate Innovation Fund: Verified investor in Series D