Fundz

Redwood Materials

Carson City, NV, United States · Energy, Other, Renewable Energy · 1,200 employees

Redwood Materials is building the U.S. stockpile of critical materials and deploying large-scale energy storage. Founded by JB Straubel, the company produces lithium, nickel, cobalt, copper, and cathode active material at scale in the U.S., manufactures key components for advanced batteries, and deploys energy storage systems that power data centers and the nation’s grid. Redwood is expanding dome

Funding history

  • Series E — $425.0M — Jan 2026
  • Series E — $350.0M — Oct 2025
  • Debt Financing — $2.0B — Feb 2023
  • Venture - Series Unknown — $45.3M — Dec 2022
  • Venture - Series Unknown — $153.9M — Dec 2022

Recent signals

  • May 11, 2026: Redwood Materials Appoints Deepak Ahuja as Chief Financial Officer
  • Jan 28, 2026: Raised $425.0M in Series E
  • Oct 23, 2025: Raised $350.0M in Series E
  • Mar 27, 2025: Redwood Materials partners with Isuzu Commercial Truck
  • Feb 09, 2023: Raised $2.0B in Debt Financing
  • Dec 29, 2022: Raised $45.3M in Venture - Series Unknown
  • Dec 29, 2022: Raised $153.9M in Venture - Series Unknown
  • Sep 23, 2021: Raised $776.6M in Venture - Series Unknown

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