Tech Company Financing Transactions
Redwood Materials Funding Round
Redwood Materials, based in Carson City, secured $1 billion in funding from Caterpillar Venture Capital, Deepwater Asset Management and Goldman Sachs.
Transaction Overview
Company Name
Announced On
8/30/2023
Transaction Type
Venture Equity
Amount
$1,000,000,000
Round
Undisclosed
Investors
Proceeds Purpose
The company, which has raised $2 billion in total equity funding to date, intends to use the funds to to continue building their capacity, expanding the domestic battery supply chain and allowing customers to purchase battery materials made in the US.
Company Information
Company Status
Private & Independent
Industry
Environmental
Mailing Address
2801 Lockheed Way
Carson City, NV 89706
USA
Carson City, NV 89706
USA
Phone
Undisclosed
Website
Email Address
Overview
Redwood Materials is an advanced technology and process development for materials recycling, re-manufacturing, and reuse. Redwood has an appreciation for the incredible scale of materials involved in the transition of the whole world to sustainable energy and we know it is not too early to plan for un-manufacturing the many Gigawatt-hours of batteries being built today.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
JB Straubel
Chief Financial Officer
Jason Thompson
Chief Operating Officer
Kevin Kassekert
Vice President
Alexis Georgeson
VP - Bus. Development
Odd-Even Bustnes
VP - Engineering
Paul Voigt
VP - Manufacturing
Brian Schupbach
VP - Product Management
David Okawa
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