Redwood Materials Stock

redwoodmaterials.comSpecialty MaterialsFounded: 2017Funding to Date: $748.02MM

Redwood Materials is a developer of sustainable materials designed to creating circular supply chains, turning waste into profit and solving the environmental impacts of new products before they happen.

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Enterprise Value (based on primary financings)

Enterprise Value

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Redwood Materials investors also invested in these private companies

Team

Management Team

JB Straubel
Co-Founder & Chief Executive Officer
Kevin Kassekert
Chief Operating Officer
Jason Thompson
Chief Financial Officer
Alan Nelson
SVP Battery Materials Technology

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News

Ford invested in EV battery recycling startup Redwood Materials in September. The company also said last year that it will invest $29 billion into EV technology through 2025, but now says it plans to spend $50 billion on electric vehicles between 2022 and 2026, according to The New York Times.
Redwood Materials, the startup founded by former Tesla CTO JB Straubel, is launching an electric vehicle battery recycling program in California with Ford and Volvo as inaugural partners as pressure mounts to source materials for EVs. The basic plan is that Redwood Materials will work with dealers …
Battery recycling company Redwood Materials said on Wednesday it has forged an alliance with Korean battery materials maker L&F Co that could help transform the Nevada startup into a major battery component manufacturer over the next decade.