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Redwood Materials Raises $350M to Scale Battery Recycling
Growth Stage

Redwood Materials Raises $350M to Scale Battery Recycling

•October 23, 2025
•Oct 23, 2025
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Participants

Redwood Materials

Redwood Materials

company

NVIDIA

NVIDIA

investor

Deal Summary

Redwood Materials raised $350 million in a growth-stage funding round led by Eclipse Ventures with participation from NVIDIA to expand battery recycling and critical materials recovery operations. The capital will support scaling of energy storage recycling capacity amid rising demand from AI and EV sectors.

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