Redwood Materials has raised $2.8B across 2 funding rounds, plus 2 undated rounds. The latest round valued Redwood Materials at $6B, with Eclipse Ventures, Nvidia on the lead line.
Redwood Materials raised a $700 million Series C in 2021 at a $3.7 billion valuation, backed by T. Rowe Price, Goldman Sachs, Baillie Gifford, Fidelity, Ford Motor Company and Amazon's Climate Pledge Fund. It later closed a $350 million Series E with Eclipse Capital, Google and Nvidia's NVentures, and secured a $2 billion conditional loan from the US Department of Energy in 2023 to fund domestic manufacturing.
2 funding rounds, the latest highlighted.
Redwood Materials was founded in 2017, United States.
No date is disclosed for this round.
T. Rowe Price, Goldman Sachs, Baillie Gifford, Fidelity, Ford Motor Company, Amazon's Climate Pledge Fund. $700M raised.
A primary round — the company sells new shares to investors it selects. $350M raised, led by Eclipse Ventures, Nvidia.
No filing has been made.
2 dated rounds, newest first.
T. Rowe Price AssociatesLEADEEclipse VenturesLEAD
NvidiaLEAD
T. Rowe PriceThe last valuation is $6B.
Lead investors for each round are in the funding timeline.
The closest battery recycling & battery materials peers are on the competitors page.
The routes section explains what is realistically available for a company at this stage.