Assembly Line

🔋♻️ Redwood Materials raises over $1 billion in Series D investment round

📅 Date:

🔖 Topics: Funding Event

🏢 Organizations: Redwood Materials, Goldman Sachs, Capricorn, T Rowe Price

Redwood is pleased to announce the completion of our most recent equity funding round, in which we raised more than $1 billion in Series D shares. The round which was co-led by Goldman Sachs Asset Management, Capricorn’s Technology Impact Fund, and funds and accounts advised by T. Rowe Price Associates, Inc. We will use our Series D funding to continue building our capacity, expanding the domestic battery supply chain and allowing our customers to purchase battery materials made in the US for the first time.

Read more at Redwood News