Redwood Materials: Powering AI with Battery Recycling
Update: 2025-10-23
Description
Redwood Materials just scored $350 million in funding, led by Eclipse Ventures and NVentures, to tackle the exploding demand for battery materials and energy storage. Founded by Tesla's ex-CTO, J.B. Straubel, Redwood recycles critical elements like lithium and cobalt and builds energy storage systems vital for AI data centers. As global supply chains tighten, this investment fuels Redwood's expansion to meet the urgent need for domestic battery material production and energy solutions.
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