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Redwood Materials

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

$1B
Total Raised
Series D
Latest Round
2017
Founded
600+
Employees
6600 Eastgate Drive, Carson City, NV 89706
1 min read

Quick Facts

Valuation
$5.5B
Latest Round Size
$1B
Latest Round Date
January 2024

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

Key Investors

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

Topics

verified(3080)real-funding(3080)series-d(248)batteries(4)redwood-materials(1)6600-eastgate-drive(1)

About the Author

Editorial Team
Editorial Team
Curated funding news from verified sources

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