Ascend Elements Stock

ascendelements.comIndustrial / MaterialsFounded: 2015Funding to Date: $3.96B

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.

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Private Market Pricing DetailsValuation & Financings

Ascend Elements Stock Price

Forge Price 1
Price not yet available
Last Closed Trade 2
Close Date
xx/xx/xx
Last Closed Trade Price
$xx.xx
Last Funding Round (LFR)
Date
xx/xx/xx
Price per Share
$xx.xx

Ascend Elements Funding Rounds and Valuation

Funding History Chart
Funding Round Details
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 Decarbonization Partners, Temasek, Qatar Investment Authority, Tenaska, Alliance Resource Partners, PULSE - CMA CGM Energy Fund, BHP Ventures, Fifth Wall, Hitachi Ventures, Mirae Asset, At One Ventures, Agave Partners, Alumni Ventures, Just Climate, Clearvision Ventures, IRONGREY
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
N/A
Key Investors
Decarbonization Partners, Temasek, Qatar Investment Authority, Tenaska, Alliance Resource Partners, PULSE - CMA CGM Energy Fund, BHP Ventures, Fifth Wall, Hitachi Ventures, Mirae Asset, At One Ventures, Agave Partners, Alumni Ventures, Just Climate, Clearvision Ventures, IRONGREY
10/26/2022 Series C-2 $60MM $xx.xx $725.52MM Fifth Wall Climate, SK Group, Oman Investment Authority, Lithium Americas Corporation, GLy Capital Management, Mirae Asset Capital & LS, Shinhan GIB, Hitachi Ventures, InMotion Ventures, TDK Ventures, Orbia Ventures, At One Ventures, TRUMPF Venture, Doral Energy-Tech Ventures
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
N/A
Key Investors
Fifth Wall Climate, SK Group, Oman Investment Authority, Lithium Americas Corporation, GLy Capital Management, Mirae Asset Capital & LS, Shinhan GIB, Hitachi Ventures, InMotion Ventures, TDK Ventures, Orbia Ventures, At One Ventures, TRUMPF Venture, Doral Energy-Tech Ventures
10/26/2022 Series C-1 $150MM $xx.xx $725.52MM Fifth Wall Climate, SK Group, Oman Investment Authority, Lithium Americas Corporation, GLy Capital Management, Mirae Asset Capital & LS, Shinhan GIB, Hitachi Ventures, InMotion Ventures, TDK Ventures, Orbia Ventures, At One Ventures, TRUMPF Venture, Doral Energy-Tech Ventures
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
N/A
Key Investors
Fifth Wall Climate, SK Group, Oman Investment Authority, Lithium Americas Corporation, GLy Capital Management, Mirae Asset Capital & LS, Shinhan GIB, Hitachi Ventures, InMotion Ventures, TDK Ventures, Orbia Ventures, At One Ventures, TRUMPF Venture, Doral Energy-Tech Ventures
09/21/2021 Series C-1SHDW $32.11MM $xx.xx $121.54MM Hitachi Ventures, Orbia Ventures, InMotion Ventures, Doral Energy, At One 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
N/A
Key Investors
Hitachi Ventures, Orbia Ventures, InMotion Ventures, Doral Energy, At One Ventures, TDK Ventures, Trumpf Ventures
04/12/2021 Series B $22.62MM $xx.xx $55.16MM Orbia Ventures, At One Ventures, TDK Ventures, TRUMPF Venture, Doral Energy-Tech Ventures, InMotion Ventures
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
N/A
Key Investors
Orbia Ventures, At One Ventures, TDK Ventures, TRUMPF Venture, Doral Energy-Tech Ventures, InMotion Ventures
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
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Undisclosed Investors

Ascend Elements investors also invested in these private companies

Inmotion Ventures
Clean Energy Venture Group
Clearvision Ventures
Gly Capital Management
Massachusetts Clean Energy Center
Orbia Ventures
Alliance Resource Partners
Trumpf Ventures
Doral Energy
Doral Energy Tech Ventures
Oman Investment Authority
Fifth Wall Climate
Trumpf Venture
Lithium Americas Corporation
Doral Energy-Tech Ventures
Agave Partners
Mirae Asset Capital & Ls
Sk Ecoplant
Just Climate
Pulse - Cma Cgm Energy Fund

Leadership & Board

Leadership

Daniel Russell
Chief Operating Officer
Eric Gratz Ph.D
Co-Founder & Chief Technical Officer
Ian Braime
Chief Commercial Officer
Andrew Aberdale
Chief Financial Officer
Michael O'Kronley
Chief Executive Officer
Yan Wang
Co-Founder & Chief Scientist
Diran Apelian Ph.D
Co-Founder

Board

Eitan Dekel
Orbia Ventures
EunYeong Christina Choi
SK Ecoplant
Laurie Menoud
At One Ventures

Ascend Elements stock FAQs

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Can you buy Ascend Elements stock?

As Ascend Elements is not publicly traded, purchasing its stock is not available to everyone. To buy the stock of a private companies like Ascend Elements, you must be an accredited investor. If you meet the accreditation criteria, you can register for Forge’s Secondary Marketplace to buy private market stock. If you are not accredited, find out how to begin the process and qualify for new investment opportunities.
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How to buy Ascend Elements stock?

To invest in a private company like Ascend Elements through Forge, you must first qualify as an accredited investor. (Learn more about the accreditation process.)

  1. Create a free account to access Forge’s marketplace.
  2. Express your interest in specific investments. Within Forge Markets, you will find detailed pricing and financing information for thousands of private companies.
  3. Throughout this process, a dedicated Forge Private Market Specialist will be available to address any questions you may have and to guide you seamlessly through each step of the transaction.
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Can you sell Ascend Elements stock?

Yes, you may sell the Ascend Elements stock you currently own. Forge can help you facilitate the sale of your stock in a manner that aligns with your needs and the company’s interests. If you are looking for liquidity, register with us today to begin the process. A dedicated Forge Private Market Specialist will be available to address any questions you may have along the way.
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How to sell Ascend Elements stock?

If you hold private company shares of Ascend Elements – whether as an employee or an early investor – Forge can help you sell them.

  1. Create a free Forge account, this will give you access to Forge’s marketplace and to one of our experienced Private Market Specialist to answer any questions you might have.
  2. Indicate your interest to sell your Ascend Elements on our platform.
  3. Work with your dedicated Private Market Specialist who’ll help guide you through every step of the transaction.
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Is Ascend Elements a public company?

No, Ascend Elements is a privately held company and is currently not publicly traded on any stock markets including NYSE or NASDAQ.
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What is Ascend Elements’ stock price?

Ascend Elements is a privately held company and therefore does not have a public stock price. However, you may access Ascend Elements private market stock price with Forge Data.
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What is Ascend Elements’ stock ticker symbol?

Ascend Elements does not have an official ticker symbol because this company is not currently publicly traded.
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Can institutional investors buy and sell private market stocks?

Yes. As one of the largest trading platform for the private market, Forge helps institutional investors seek liquidity as they buy and sell private stock for their portfolios or their clients. Our private market specialists have decades of experience working with institutional firms. Learn more or register today to get started.

Ascend Elements’ news and media highlights

Ascend Elements and Koura Global, an Orbia company, were selected Friday to receive a $125 million cost-sharing grant from the U.S. Department of Energy’s Office of Manufacturing and Energy Supply Chains. The grant is part of a $3 billion federal investment in 25 selected projects across 14 states to boost domestic production of advanced batteries and battery materials nationwide. The cost-sharing funds identified for Ascend Elements and Orbia are for construction of advanced battery recycling infrastructure to recover graphite from used lithium-ion batteries and manufacturing scrap. The grant may fund facilities in Hopkinsville, Kentucky and St. Gabriel, Louisiana.
Ascend Elements is aiming to reduce emissions with a new initiative.
To expand its battery plant, Ascend Elements received $162 million in Series D funding.
In a follow up to one of last year's largest cleantech private equity placements, Ascend Elements today announced it has raised $162 million in new equity investments. Major investors include Just Climate, Clearvision Ventures, and IRONGREY. The new equity financing brings the company's 12-month funding total to $704 million, including the $542 million funding round led by Decarbonization Partners, Temasek and Qatar Investment Authority in September 2023.
Updated on: Nov 17, 2024

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