Ascend Elements Stock

ascendelements.comIndustrial / MaterialsFounded: 2015Funding to Date: $924.19MM

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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Ascend Elements investors also invested in these private companies

Clearvision Ventures
Hitachi Ventures
Foothill Ventures
Orbia Ventures
Massachusetts Clean Energy Center
BHP Ventures
Alliance Resource Partners
Clean Energy Venture Group
Doral Energy Tech Ventures
InMotion Ventures
SK Ecoplant


Management Team

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

Board Members

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

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News Highlights

Ascend Elements raises $162M to fund recycled battery materials plant
To expand its battery plant, Ascend Elements received $162 million in Series D funding.
Ascend Elements Raises Additional $162 Million to Build Sustainable Lithium-Ion Battery Materials in United States
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.
Ascend Elements and Koura exploring joint commercialization of graphite-recycling technology
Ascend Elements, a U.S.-based manufacturer of sustainable battery materials, and Orbia’s Fluorinated Solutions business, Koura, one of the world’s largest producers of fluoroproducts and technologies, agreed to explore joint commercialization of the patented Hydro-to-Anode graphite recycling technology and discuss plans to build an advanced graphite recycling facility in the United States.
Updated on: May 21, 2024


Public news articles listed on this page have been curated by Forge based on several factors including, but not limited to, product updates, changes in organization structure, funding rounds, third-party valuations, and key personnel changes. Changes to this list of articles can be made at any time without notice and should not be relied upon for investment purposes. Forge does not verify the accuracy of the information contained in public news articles.