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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. 

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

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Redwood Materials Management

Leadership team at Redwood Materials

Co-founder & CEO

JB Straubel

COO

Chris Lister

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