/Companies

Redwood Materials

Carson City, US · Founded 2017 · Delaware corporation · 768 employees on LinkedIn · 31 known investors

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Redwood Materials deploys large-scale energy storage systems for data centers and grid power while recycling batteries to recover critical minerals like lithium, nickel, cobalt, and copper as a domestic source of these materials.

Founders & leadership

Redwood Materials was founded in 2017 by JB Straubel.

JSJB Straubel
JB Straubelfounder, CEOFounder and CEO of Redwood Materials, which builds large-scale energy storage systems for data centers and the grid and recycles batteries to recover critical minerals such as lithium, nickel, cobalt, and copper. He works on sustainability and environmental problems through engineering and technology.
KK
Kevin KassekertExecutive
JTJason Thompson
Jason ThompsonExecutiveJason Thompson is a materials testing and inspection professional with 25 years of experience in construction materials including concrete, asphalt, aggregates, and soil testing, most recently as a principal and team lead at Stantec Consulting Ltd.'s geotechnical engineering division.
JB
J. B. StraubelFounder

Board

DDDavid Danielson
David DanielsonInvestorBreakthrough Energy Ventures at Breakthrough Energy Ventures

Investors · 31

Goldman SachsreportedNew York

How we know: funding news · offering press articles · Not right? Tell us

NVenturesreportedSanta Clara

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T. Rowe PricereportedBaltimore

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Funding

SEC filings, press & company announcements

$1.4B disclosed across 6 of 10 rounds · 2017–2026

▶$45.3MraisedDec 2022 · 3 investors · Other
Rule 506(b)
Officers, directors & promoters on the filing
  • Kevin KassekertExecutive Officer
  • Alina ZagaytovaExecutive Officer
  • Jeffrey StraubelExecutive Officer, Director
  • David DanielsonDirector
  • Jason ThompsonExecutive Officer
Offering amount
$45.3M
Amount sold
$45.3M
First sale
May 2022
Incorporated
Corporation, Delaware, 2017
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$153.9MraisedDec 2022 · 19 investors · Other
Rule 506(b)
Officers, directors & promoters on the filing
  • Jeffrey StraubelExecutive Officer, Director
  • Kevin KassekertExecutive Officer
  • David DanielsonDirector
  • Alina ZagaytovaExecutive Officer
  • Jason ThompsonExecutive Officer
Offering amount
$154.7M
Amount sold
$153.9M
First sale
Jun 2022
Incorporated
Corporation, Delaware, 2017
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$776.6MraisedSep 2021 · 80 investors · Other
Rule 506(b)
Officers, directors & promoters on the filing
  • JEFFREY B. STRAUBELExecutive Officer, Director
  • Kevin KassekertExecutive Officer
  • Jason ThompsonExecutive Officer
  • David DanielsonDirector
Offering amount
$776.6M
Amount sold
$776.6M
First sale
May 2021
Incorporated
Corporation, Delaware, 2017
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$36.9MraisedSep 2020 · 9 investors · Other
Rule 506(b)
Officers, directors & promoters on the filing
  • David DanielsonDirector
  • JEFFREY B. STRAUBELExecutive Officer, Director
  • ANDREW STEVENSONExecutive Officer
  • Kevin KassekertExecutive Officer
Offering amount
$36.9M
Amount sold
$36.9M
First sale
Apr 2020
Incorporated
Corporation, Delaware, 2017
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$2MraisedMay 2017 · 1 investors · Other
Rule 506(b)
Officers, directors & promoters on the filing
  • JEFFREY B. STRAUBELExecutive Officer, Director
  • ANDREW STEVENSONExecutive Officer, Director
Offering amount
$2M
Amount sold
$2M
First sale
Apr 2017
Incorporated
Corporation, Delaware, 2017
Federal exemptions
06b
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

Founder mafia

3 people who came through Redwood Materials went on to found or lead other companies.

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Companies working in the same space as Redwood Materials.

In the news

Frequently asked questions

What does Redwood Materials do?
Redwood Materials deploys large-scale energy storage systems for data centers and grid power while recycling batteries to recover critical minerals like lithium, nickel, cobalt, and copper as a domestic source of these materials.
Who founded Redwood Materials?
Redwood Materials was founded by JB Straubel in 2017.
Who are Redwood Materials's investors?
Redwood Materials's investors include Breakthrough Energy Ventures, Bright Success Capital, Coatue Management, Collaborative Fund, Collective Liquidity, Congruent Ventures, Deepwater Asset Management, Eclipse Ventures and 23 more.
How much funding has Redwood Materials raised?
Redwood Materials has disclosed $1.4B raised across 6 of its 10 known rounds.
Where is Redwood Materials headquartered?
Redwood Materials is headquartered in Carson City, US.