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Batteries

Redwood Materials

Redwood Materials raises $1B Series D at $5.5B valuation

6600 Eastgate Drive, Carson City, NV 89706January 24, 20241 min read
Total Raised
$1B
Valuation
$5.5B
Latest Round
Series D
Employees
600+

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

Company Info

Headquarters
6600 Eastgate Drive, Carson City, NV 89706
Founded
2017
Team Size
600+
Last Round
$1B(Jan 2024)

Investors (6)

T
T. Rowe PriceLead
Lead Investor
Verified investor in Series D
C
Capricorn Investment Group
Investor
Verified investor in Series D
B
Baillie Gifford
Investor
Verified investor in Series D
F
Fidelity
Investor
Verified investor in Series D
G
Goldman Sachs
Investor
Verified investor in Series D
M
Microsoft Climate Innovation Fund
Investor
Verified investor in Series D

Topics

verified(3079)real-funding(3079)redwood-materialsbatteriesseries-d6600-eastgate-drive

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