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Redwood Materials Stock (REMA)
Redwood Materials is a lithium-ion battery recycling company focused on providing a circular and sustainable supply chain for reusable battery materials.
About Redwood Materials Stock
Founded
2017
Headquarters
Carson City, NV, US
Total Funding
2.1B
Industries
Manufacturing, Science and Engineering, Transportation
Redwood Materials is a lithium-ion battery recycling company focused on providing a circular and sustainable supply chain for reusable battery materials. Redwood collects recycled batteries at the end of their useful life and refines them into Anode and Cathode materials to sell back to battery manufacturers. The company's refining and remanufacturing process reportedly recovers 95% of key battery elements and raw materials including copper, cobalt and nickel. Redwood Materials aims to reach 100GWh in anode and cathode production by 2025 or enough material for one million electric vehicles annually.Â
Redwood Materials was founded in 2017 and is headquartered in Carson City, Nevada. Notable investors include Goldman Sachs, T. Rowe Price, U.S. Department for Energy and Microsoft’s Climate Innovation Fund
Redwood Materials Press Mentions
Stay in the know about the latest news on Redwood Materials
Manufacturing already has made a comeback
twincities • Nov 16, 2024
With €11m funding, Munich’s tozero aims to rival Redwood Materials in lithium recycling
techfundingnews • Nov 12, 2024
GM awarded $8M federal grant for EV battery recycling
crainsdetroit • Nov 05, 2024
Swing States Are Also In The Middle For Startup Funding
news • Oct 30, 2024
Redwood Materials recycling spots for used devices
teslarati • Oct 03, 2024
Redwood Materials Management
Leadership team at Redwood Materials
Co-founder & CEO
JB Straubel
COO
Chris Lister
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