Redwood Materials Stock
| Valuation | $6B1 |
| Valuation Date | Jan 28, 2026 |
| Implied Valuation | $5.07B |
| Last Price | $35.10 |
| 52-Week High | $49.56 |
| 52-Week Low | $27.91 |
| YTD Return | -21.03% |
| 1-Year Return | -28.07% |
| 3-Year Return | -42.30% |
| Total Funding | $2.3B1 |
| Latest Round Amount | $425M2 |
| Latest Round | Series E |
| Funding Rounds | n/a |
| IPO Status | Unknown |
| Expected IPO Date | n/a |
| Revenue | $200M3 |
| Revenue Type | Annual |
| P/S Ratio | 30.0 |
About Redwood Materials
Redwood Materials is a battery recycling and materials company that aims to build a closed-loop supply chain for lithium-ion batteries in the United States. The company collects end-of-life batteries and manufacturing scrap, then recovers critical minerals like lithium, nickel, cobalt and copper. It makes money by refining these materials and selling battery components such as cathode active material back to cell manufacturers, including Panasonic. In 2025 it launched Redwood Energy, a second business line that repurposes used EV battery packs into large-scale energy storage systems for AI data centers and the power grid. Redwood was founded by JB Straubel, the co-founder and longtime CTO of Tesla, and Andrew Stevenson.
Invest in Redwood Materials
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News
Battery recycling firm Redwood appoints former Tesla finance head Ahuja as CFO
Battery recycling firm Redwood Materials on Monday appointed former Tesla finance head Deepak Ahuja as its chief financial officer.
Former Tesla CFO Deepak Ahuja joins EV battery recycler Redwood Materials
Redwood Materials hires former Tesla CFO Deepak Ahuja as finance chief. Founded by Tesla board member and ex-CTO JB Straubel in 2017, Redwood Materials produces critical minerals from recycled batteri...
‘Too early' to talk IPO, Redwood Materials' incoming CFO says
Redwood Materials has finally found a new chief financial officer roughly a year-and-a-half after its last one departed, and he's a familiar face to the former Tesla executives running the battery rec...
Redwood Materials loses COO amid layoffs, restructuring
Redwood Materials chief operating officer Chris Lister is leaving the battery recycling company to retire, TechCrunch has learned — and he's not the only executive that recently departed.
Redwood Materials lays off 10% in restructuring to chase energy storage business
Redwood Materials has laid off around 135 employees, or roughly 10% of its workforce, as it restructures to better accommodate its growing energy storage business, TechCrunch has learned.
Rivian and Redwood Materials Announce Energy Storage Partnership for Manufacturing
NORMAL, Ill.--(BUSINESS WIRE)--American automotive and technology company Rivian (NASDAQ: RIVN) and critical materials and energy technology company Redwood Materials today announced a partnership to ...
Crusoe and Redwood Materials Expand Strategic Partnership, Scaling to 7x the Original AI Infrastructure Density
SPARKS, Nev., March 24, 2026 (GLOBE NEWSWIRE) -- Crusoe, the AI factory company, and Redwood Materials, the company building the U.S. stockpile of critical materials and deploying large-scale domestic...
Battery Startup Redwood Materials Tops $6 Billion Valuation
Battery recycling startup Redwood Materials raises $350 million, pushing its valuation past $6 billion, according to sources. JB Straubel, CEO of Redwood Materials, joins Caroline Hyde and Ed Ludlow o...
GM Supplying Redwood Materials With Batteries For Data Center, Energy Grid Packs
General Motors, which has poured billions of dollars into producing electric vehicle batteries at U.S. plants, is partnering with Redwood Materials to use some of its cells for stationary energy stora...
GM teams up with Redwood Materials to power data centers with EV batteries
GM is sending new and old EV batteries to recycler Redwood Materials, which then repurposes the packs for stationary energy storage storage, the two companies announced today.
Toyota Signs On As First Carmaker To Buy Battery Components From Redwood Materials
CEO JB Straubel says his startup's deal with the automaker is an industry first, combining recycling old batteries and producing anodes and cathodes for new ones.
Uber and Lyft earnings diverge, a self-driving truck roadblock emerges and Redwood Materials lands a big one
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Lyft, Redwood Materials partner to recycle shared e-bike and e-scooter batteries
Lyft is partnering with Redwood Materials, a battery recycling company founded by ex-Tesla co-founder JB Straubel, to ensure the batteries from its fleets of shared electric bikes and scooters don't e...
Redwood Materials to supply cathode material to Panasonic U.S. battery plant
Panasonic Corp will buy remanufactured battery cathode material from Redwood Materials, beginning in 2025, for the Japanese battery maker's new Kansas plant, the companies said on Tuesday.
Redwood Materials to supply Panasonic with cathode material in multi-billion-dollar deal
Battery materials and recycling startup Redwood Materials has landed a multi-billion-dollar deal to supply critical battery components to Panasonic as efforts accelerate to build a domestic supply cha...
Panasonic and Redwood Materials strike multibillion-dollar battery component deal for U.S. production
Battery recycling company Redwood Materials, founded by former Tesla CTO JB Straubel, will supply high-nickel cathode to Panasonic Energy starting in 2025.
Redwood Materials To Supply Cathodes For Panasonic's Kansas EV Battery Plant
Tesla cofounder JB Straubel says his Nevada startup has a deal worth billions of dollars to provide cathodes and anodes for lithium-ion batteries, made with some recycled materials, amid a U.S. push f...
Volkswagen Partners With Redwood Materials for EV Battery Recycling
VW and Audi EV batteries will get a second lease on life through repurposing or recycling.
Volkswagen, Audi tap Redwood Materials to recycle its old EV batteries in US
Volkswagen of America and Audi have locked in a resurrection plan for old battery packs from its growing slate of EVs. The two VW Group brands have contracted with startup Redwood Materials to recover...
Redwood Materials and Toyota join forces to recycle electric-vehicle batteries
JB Straubel, former chief technology officer at Tesla and CEO of Redwood Materials, sits down with CNBC's Phil LeBeau to discuss the company's plan to team up with Toyota to recycle and reuse electric...
Redwood Materials welcomes Toyota to its EV battery recycling initiative
U.S. startup Redwood Materials Inc on Tuesday said Japan's Toyota Motor Corp has become the latest auto industry giant to join its comprehensive electric vehicle (EV) battery recycling initiative.
Toyota to Collaborate with Redwood Materials on a Sustainable, Closed-Loop Electrified Vehicle Battery Ecosystem
Areas include end-of-life battery solutions for its battery ecosystem, including battery collection, testing & evaluation, remanufacturing, recycling and battery materials production PLANO, Texas and ...
Redwood Materials partners with Toyota to recycle batteries in US
Redwood Materials, the lithium-ion battery recycling startup founded by former Tesla CTO JB Straubel, is partnering with Toyota to collect, refurbish and recycle batteries and battery materials that c...
Toyota Partners With Tesla Cofounder's Redwood Materials To Recycle Prius, EV Batteries
Redwood is adding Toyota to a growing list of global automakers it's working with and will be recycling and refurbishing batteries from the Prius and other hybrid models.
Ford, Volvo join Redwood Materials to launch free EV battery recycling program in California
Redwood Materials, the startup founded by former Tesla CTO JB Straubel, is launching an electric vehicle battery recycling program in California with Ford and Volvo as inaugural partners as pressure m...
Redwood Materials Plans California EV Battery Recycling Program With Ford, Volvo Cars
The battery recycler created by Tesla cofounder and former tech chief JB Straubel will collect used electric and hybrid vehicle packs from Ford and Volvo Cars in the first-of-its-kind program in Calif...
Ford joins hands with Redwood Materials to recycle EV batteries
Automobile giant Ford Motor Company (NYSE: F) and SK Innovations, its battery manufacturing partner, will procure critical raw materials like lithium, nickel, and copper, which are helpful to manufact...
Ford invests $50 million into EV battery supply chain company Redwood Materials
Ford Motor Co. F, -0.39% said it has invested $50 million in lithium-ion battery supply chain company Redwood Materials, as the companies announced Wednesday they were teaming up to build out a U.S. b...
Ford signs deal with Redwood Materials to recycle EV Batteries
The agreement is the latest indication automakers are taking steps to address the supply of raw materials needed to manufacture batteries for electric vehicles.
Ford, Redwood Materials Teaming Up on Closed-Loop Battery Recycling, U.S. Supply Chain
DEARBORN, Mich.--(BUSINESS WIRE)--Ford Motor Company and Redwood Materials today announced they are working together to build out battery recycling and a domestic battery supply chain for electric veh...
Ford And JB Straubel's Redwood Materials Form EV Battery Recycling Alliance
The automaker is investing $50 million in the Tesla cofounder's startup and wants the partnership to help hold down the cost of electric vehicle batteries.
Rivian, Redwood Materials among first recipients of Amazon's $2 billion climate fund
EV startup Rivian and Tesla co-founder J.B. Straubel-led Redwood Materials have been named among the first recipients of investments from Amazon.com Inc's $2 billion Climate Pledge Fund, the e-commerc...
Amazon’s first five climate fund investments include Redwood Materials, Rivian
Redwood Materials, the recycling startup founded by Tesla’s longtime CTO and co-founder JB Straubel, has landed Amazon as a new investor and customer. Amazon’s investment in Redwood Materials is one o...