Redwood Materials IPO

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

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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.
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Can you invest in Redwood Materials?

Redwood Materials is a privately held company and is not publicly traded on NYSE or NASDAQ in the U.S. To buy pre-IPO shares of a private company, you need to be an accredited investor. Learn more about how to invest in the private market or register today to get started.

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Can you sell Redwood Materials shares pre-IPO?

If you own Redwood Materials pre-IPO shares and are considering selling, you can find what your shares could be worth on Forge’s secondary marketplace.

Our Private Market Specialists are available to answer any questions you might have and can help connect you with a buyer from our network of 125,000 accredited investors and institutions. You can also learn more about how to sell your private shares before getting started.

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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.

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What is Redwood Materials's funding to date?

Redwood Materials has raised $1.82B to date.
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When was Redwood Materials founded?

Redwood Materials was founded in 2017.
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Where is Redwood Materials located?

Redwood Materials is located in Carson City, Nevada.

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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: Apr 22, 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.