equity / climate tech
관점별 · 1 시각 이번 호 전체
Bloomberg · United States · Glencore acquired Li-Cycle, Ascend Elements filed for bankruptcy, and European recyclers raised over half a billion euros as commercial-scale battery recycling consolidated in 2026
Reports Redwood Materials closing a $425 million funding round at a $6 billion post-money valuation, the largest disclosed EV battery recycling fundraise. Redwood, co-founded by former Tesla CTO JB Straubel, operates black-mass processing in Nevada and is constructing cathode active material manufacturing using recovered lithium, cobalt, and nickel. Notes Redwood has offtake agreements with Toyota, Ford, and Volkswagen North America for recycled cathode.
“Redwood Materials raised $425M at a $6bn valuation with Toyota, Ford, and VW NA offtake for recycled cathode as the US recycling leader ahead of the EU 2031 mandate.”