Ascend Elements, founded in 2015, is a company that strives to develop advanced technology producing essential materials that manufacturers use to create batteries used in electric vehicles. The company aims to create those materials by taking lithium-ion batteries and manufacturing waste through its Hydro-to-CathodeⓇ direct precursor synthesis process. Ascend Elements is headquarterd in Westborough, Massachusetts.
Funding Date | Share Class | Amount Raised | Price per Share | Post-Money Valuation | Key Investors | |
---|---|---|---|---|---|---|
02/20/2024 | Series D | $657.9MM | $xx.xx | $1.62B | Agave Partners, Alliance Resource Partners, Alumni Ventures, At One Ventures, Bhp Ventures, Clearvision Ventures, Decarbonization Partners, Fifth Wall, Hitachi Ventures, Irongrey, Just Climate, Mirae Asset, Pulse - Cma Cgm Energy Fund, Qatar Investment Authority, Temasek, Tenaska | |
Price per Share
$xx.xx
Shares Outstanding
61,778,604
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Agave Partners, Alliance Resource Partners, Alumni Ventures, At One Ventures, Bhp Ventures, Clearvision Ventures, Decarbonization Partners, Fifth Wall, Hitachi Ventures, Irongrey, Just Climate, Mirae Asset, Pulse - Cma Cgm Energy Fund, Qatar Investment Authority, Temasek, Tenaska
|
||||||
10/26/2022 | Series C-1 | $150MM | $xx.xx | $725.52MM | At One Ventures, Doral Energy-Tech Ventures, Fifth Wall Climate, Gly Capital Management, Hitachi Ventures, Inmotion Ventures, Lithium Americas Corporation, Mirae Asset Capital & Ls, Oman Investment Authority, Orbia Ventures, Shinhan Gib, Sk Group, Tdk Ventures, Trumpf Venture | |
Price per Share
$xx.xx
Shares Outstanding
24,175,240
Liquidation Pref Order
2
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
At One Ventures, Doral Energy-Tech Ventures, Fifth Wall Climate, Gly Capital Management, Hitachi Ventures, Inmotion Ventures, Lithium Americas Corporation, Mirae Asset Capital & Ls, Oman Investment Authority, Orbia Ventures, Shinhan Gib, Sk Group, Tdk Ventures, Trumpf Venture
|
||||||
10/26/2022 | Series C-2 | $60MM | $xx.xx | $725.52MM | At One Ventures, Doral Energy-Tech Ventures, Fifth Wall Climate, Gly Capital Management, Hitachi Ventures, Inmotion Ventures, Lithium Americas Corporation, Mirae Asset Capital & Ls, Oman Investment Authority, Orbia Ventures, Shinhan Gib, Sk Group, Tdk Ventures, Trumpf Venture | |
Price per Share
$xx.xx
Shares Outstanding
6,446,731
Liquidation Pref Order
2
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
At One Ventures, Doral Energy-Tech Ventures, Fifth Wall Climate, Gly Capital Management, Hitachi Ventures, Inmotion Ventures, Lithium Americas Corporation, Mirae Asset Capital & Ls, Oman Investment Authority, Orbia Ventures, Shinhan Gib, Sk Group, Tdk Ventures, Trumpf Venture
|
||||||
09/21/2021 | Series C-1SHDW | $32.11MM | $xx.xx | $121.54MM | At One Ventures, Doral Energy, Hitachi Ventures, Inmotion Ventures, Orbia Ventures, Tdk Ventures, Trumpf Ventures | |
Price per Share
$xx.xx
Shares Outstanding
12,732,091
Liquidation Pref Order
2
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
At One Ventures, Doral Energy, Hitachi Ventures, Inmotion Ventures, Orbia Ventures, Tdk Ventures, Trumpf Ventures
|
||||||
04/12/2021 | Series B | $22.62MM | $xx.xx | $55.16MM | At One Ventures, Doral Energy-Tech Ventures, Inmotion Ventures, Orbia Ventures, Tdk Ventures, Trumpf Venture | |
Price per Share
$xx.xx
Shares Outstanding
13,541,003
Liquidation Pref Order
3
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
At One Ventures, Doral Energy-Tech Ventures, Inmotion Ventures, Orbia Ventures, Tdk Ventures, Trumpf Venture
|
||||||
03/15/2020 | Series A | $1.56MM | $xx.xx | $5.2MM | Undisclosed Investors | |
Price per Share
$xx.xx
Shares Outstanding
2,970,950
Liquidation Pref Order
4
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
0.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Undisclosed Investors
|