Redwood Materials
redwoodmaterials.comDeveloper of a sustainable battery recycling technology designed to optimize circular supply chains for turning waste into profit.
Price per share
12M · USD
Funding history
$M raised · $B post-money
Signals
3 latest
Rivian and Redwood Materials Deploy 10MWh Second-Life Battery Energy Storage System
Rivian and Redwood Materials have jointly deployed a 10MWh second-life battery energy storage system (ESS), repurposing EV batteries for grid-scale energy storage applications.
Source: EV Infrastructure News
Redwood Materials Lays Off 10% of Staff in Restructuring to Focus on Energy Storage
Redwood Materials has cut approximately 10% of its workforce (around 135 jobs) as part of a restructuring effort to refocus the company on its energy storage business growth.
Source: TechCrunch
Rivian Partners with Redwood Materials to Repurpose EV Battery Packs for Grid Energy Storage
Rivian has partnered with Redwood Materials to repurpose used EV battery packs for grid-scale energy storage, with a focus on Rivian's Illinois factory operations. The deal highlights Redwood's expanding role in second-life battery solutions.
Source: MSN