Redwood Materials IPO

redwoodmaterials.comEnergy / Energy Storage

Redwood Materials was founded in 2017 by J.B. Straubel. In September 2023, Yahoo Finance reported that Redwood Materials raised $1 billion in a recent Series D round, stating that “The company announced that the capital will be strategically used for enhancing capacity, developing a robust domestic battery supply chain and enabling the sale of battery materials produced in the United States for the first time.” Despite this funding, the company has not publicly endorsed a plan to participate in an IPO.

Redwood Materials is a battery cell recycling production company that helps clients effectively reuse and process raw materials into the battery supply chain for electric vehicles and energy products. Per Forge data, Redwood Materials has raised a total of $3.8 billion over 8 rounds. Their latest funding was raised on Sep 5, 2023, from a Series D round. Key investors include Goldman Sachs Asset Management, the US Department of Energy, Climate Pledge Fund, Capricorn Investment Group, and T. Rowe Price.

These comments should not be interpreted to mean that the company is formally pursuing or foregoing an IPO.

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Learn more about Redwood Materials

Is Redwood Materials a publicly traded company?

Redwood Materials is a private company and not publicly traded.

If you are interested in buying or selling private company shares, you can register with Forge today for free to explore your options. Registering gives you access to one of our Private Market Specialists who can guide you through the process of buying or selling. Learn more about how Forge might help you buy pre-IPO shares or sell pre-IPO shares.

Will Redwood Materials go IPO?

Redwood Materials has not yet filed for an IPO. However, it's important to note that IPOs are not the sole avenue for a private company to transition to public trading. Private companies can also go public through alternative methods such as but limited to Special Purpose Acquisition Companies (SPACs), direct listings, or through mergers and acquisitions. Find out which companies are eyeing an IPO on our Tech IPO Calendar 2024.

What is Redwood Materials's IPO price?

The IPO price for Redwood Materials will be known only if it becomes public. However, you may access the "Price At Last Round" and the "Implied EV" for publicly traded comparable companies with Forge Data.

Can you invest in Redwood Materials pre-IPO?

Redwood Materials is privately held company and is not publicly traded, therefor investing in Redwood Materials pre-IPO is only available to accredited investors. If you meet the accreditation criteria, you can register for Forge’s Secondary Marketplace to invest in private companies before their potential IPO. If you are not an accredited investor, discover how to begin the the process to potentially qualify for new investment opportunities.

What is the value of my Redwood Materials shares?

To determine the value of your Redwood Materials shares, create a free account to gain access to Forge’s platform. Forge Markets contains pricing information for hundreds of pre-IPO companies. A Private Market Specialist will also be available to assist you with any inquiries related to your Redwood Materials shares. You can also learn more about how to sell your private shares before getting started.

Can you sell Redwood Materials before it goes public?

Yes, you can seek to sell shares in Redwood Materials while it remains private. If you are considering selling, you can register today for free to get started. Once registered, a Private Market Specialist will guide you through any questions you might have. You may also continue to browse through our resources to help you understand the implications and procedures involved in selling your private market shares.

What is Redwood Materials's funding to date?

Redwood Materials has raised $1.82B to date.

When was Redwood Materials founded?

Redwood Materials was founded in 2017.

Where is Redwood Materials located?

Redwood Materials is located in Carson City, Nevada.

Who is the CEO of Redwood Materials?

The Chief Executive Officer of Redwood Materials is JB Straubel.

Who are Redwood Materials's major investors?

Fidelity Investments

Baillie Gifford

Goldman Sachs Asset Management

Valor Equity Partners

Ford Motor

Emerson Collective

T. Rowe Price

Franklin Templeton Investments

Canada Pension Plan Investment Board

Capricorn Investment Group

Climate Pledge Fund

Tesla

Microsoft Climate Fund

Redwood Materials funding rounds and last known valuation

Date	Funding Round	Funding Raised	Price per Share	Last Known Valuation
8/29/2023	Series D	$1B raised	$XXX.XX	$XXX.XX
7/28/2021	Series C	$779.42MM raised	$XXX.XX	$XXX.XX
9/18/2020	Series B	$37.24MM raised	$XXX.XX	$XXX.XX
6/1/2018	Series A and A-2	$6MM raised	$XXX.XX	$XXX.XX
4/17/2017	Series Seed	$2MM raised	$XXX.XX	$XXX.XX

Based on primary financings

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Updated on: Jul 26, 2024

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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.

Redwood Materials IPO

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