Redwood Materials

Recycling of batteries for the production of electric vehicles

Analytics date: 28.10.2024

Basic information

Head office

Carson City, USA
Head office
Geography of business
United States of America
- United States of America
- Germany
Geography of business
Date of the last round

Last round 06/2023
Date of the last round
Total funds raised

$3.8B+
Total funds raised
Price per share

$52.00
Price per share

Price per share. Based on the latest known transaction. It is not an offer or investment recommendation.

Analytics date: 28.10.2024

Industry analysis

Silicon Anode for Li-ion Batteries Patent Landscape Analysis 2024

Silicon-based anodes for lithium-ion batteries are transitioning from a promising concept to commercial reality, thanks to significant investments aimed at bringing this technology to market. The market for silicon anode materials is projected to reach $24 billion by 2034.

‘A Damn Hard Thing to Do’: Tesla Co-Founder JB Straubel Takes on Battery Recycling

The EV transition is kind of a slow, steady, and inevitable future course that we are going to go through — and have to go through.

Battery recycling takes the driver’s seat

Electric-vehicle demand is accelerating rapidly and so is the need for EV batteries. As these batteries reach end-of-life, significant growth opportunities in the recycling space are emerging.

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Competitor analysis

Leaders in the ratio of valuation to investment

The histogram shows the ratio of the company's value to the volume of investments received. The post-money estimate of the last round is taken as the cost of the company. The volume of investments is the amount of funds raised by the company during all rounds + debt financing. The histogram shows the coefficient obtained by dividing the value of the company by the amount of investments received by it. Accordingly, the higher the coefficient, the better: the less money the company needed to achieve its valuation. The companies on the histogram are arranged in descending order of the coefficient.

Growth rates of companies in the sector

This chart illustrates the progression of private companies' official valuations over time. The post-money valuation of the company during each official financing round is depicted. Each data point represents an investment round, with the company's valuation expressed in US dollars. The timeline is displayed in quarters. By default, the most recent quarters are visible, but you can navigate to earlier periods using the left scroll. To view the chart in full screen, utilize the chart submenu options.