# Redwood Materials

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/redwood-materials

- Industry: Energy Storage & Batteries
- Headquarters: Sparks, US
- Website: www.redwoodmaterials.com/
- Total disclosed funding: $2.4B
- Latest round: Series E (Jan 28, 2026)
- Investors on record: 19

## About

Founded in 2017 and based in US Redwood Materials, Inc. focused on transforming battery recycling and repurposing materials to create a sustainable energy ecosystem. They aim to enhance energy storage solutions and positively impact the electric vehicle battery supply chain. In January 2026, Redwood Materials, Inc. raised USD 75 million in series E funding from GV, with participation from Capricorn Investment Group and Goldman Sachs Asset Management. The round was part of a larger USD 425 million series E funding.

## Funding rounds

- Series E, Jan 28, 2026, $75M — Capricorn Investment Group, GV, Goldman Sachs Asset Management
- Series E, Oct 23, 2025, $350M — Eclipse Ventures, nVentures
- Series D, Jun 2, 2023, $1.2B — T Rowe Price, Capricorn Investment Group, Goldman Sachs Asset Management, WOORI Venture Partners, OMERS Ventures, Caterpillar Ventures, Microsoft Climate Innovation Fund, Deepwater Asset Management
- Series C, May 28, 2021, $777M — T Rowe Price, Capricorn Investment Group, Valor Equity Partners, CPP Investment Board, Fidelity Investments, Goldman Sachs Asset Management, Franklin Templeton, Breakthrough Energy Ventures, Emerson Collective, Baillie Gifford, Amazon
- Series B, Apr 22, 2020, $36M — Capricorn Investment Group, Breakthrough Energy Ventures, Amazon

## Investors

- Capricorn Investment Group (https://capitalatlas.ai/funds/capricorn-investment-group) — Series B, Series C, Series D, Series E
- Breakthrough Energy Ventures (https://capitalatlas.ai/funds/breakthrough-energy-ventures) — Series B, Series C
- Amazon (https://capitalatlas.ai/funds/amazon) — Series B, Series C
- T Rowe Price (https://capitalatlas.ai/funds/t-rowe-price) — Series C, Series D
- Valor Equity Partners (https://capitalatlas.ai/funds/valor-equity-partners) — Series C
- CPP Investment Board — Series C
- Fidelity Investments (https://capitalatlas.ai/funds/fidelity-investments) — Series C
- Goldman Sachs Asset Management (https://capitalatlas.ai/funds/goldman-sachs-asset-management) — Series C, Series D, Series E
- Franklin Templeton (https://capitalatlas.ai/funds/franklin-templeton) — Series C
- Emerson Collective — Series C
- Baillie Gifford (https://capitalatlas.ai/funds/baillie-gifford) — Series C
- WOORI Venture Partners (https://capitalatlas.ai/funds/woori-venture-partners) — Series D
- OMERS Ventures (https://capitalatlas.ai/funds/omers-ventures) — Series D
- Caterpillar Ventures (https://capitalatlas.ai/funds/caterpillar-ventures) — Series D
- Microsoft Climate Innovation Fund (https://capitalatlas.ai/funds/microsoft-climate-innovation-fund) — Series D
- Deepwater Asset Management (https://capitalatlas.ai/funds/deepwater-asset-management) — Series D
- Eclipse Ventures (https://capitalatlas.ai/funds/eclipse-ventures) — Series E
- nVentures — Series E
- GV (https://capitalatlas.ai/funds/gv) — Series E