Redwood Materials
Redwood Materials is a Battery Recycling & Supply Chain company founded in 2017 and based in Carson City, USA. It has raised $1.7B in total funding, most recently a Series D in 2023 at a $5.3B valuation.
Redwood Materials recycles lithium-ion batteries and manufactures anode and cathode components from recycled materials. $2.3B raised; building domestic anode and cathode production in Nevada to supply US battery manufacturing; valuation north of $6B as of January 2026.
JB Straubel's closed-loop battery supply chain company reshoring critical minerals and reducing battery costs.
At a glance
Total raised
$1.7B
Headcount
501-1k
Headquarters
Carson City
Founded
2017
Status
Private
Latest valuation
$5.3B
Where Redwood Materials ranks
Top 25 Materials Science companies →Funding history
Total raised
$1.7B
Rounds tracked
0
Latest stage
Series D
Latest valuation
$5.3B
No dated funding rounds on file. This company is privately held and may be raising or operating on undisclosed capital.
In the news
Redwood Materials · last 30 days
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Leadership
JB Straubel
Founder & CEO
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