Redwood Materials Closes $350M Series E Led by Eclipse

Why It Matters

The infusion accelerates Redwood’s ability to supply critical battery‑grade materials, strengthening its position in the fast‑growing clean‑energy supply chain and potentially reshaping the market for recycled lithium‑ion components.

Deal Summary

Redwood Materials has closed a $350 million Series E funding round led by Eclipse with participation from strategic investor NVentures. The capital will accelerate energy storage deployment, refining and materials production capacity, and expansion of engineering and operations teams.