# Redwood Materials funding rounds and investors

As of 13 Oct 2026, Redwood Materials has raised $2.05B across 3 verified rounds on record; latest: $350 million Series D+ led by Eclipse Capital, announced 23 Oct 2025.

Redwood Materials specializes in energy storage systems and the recycling of critical minerals like lithium, nickel, cobalt, and copper.

Website: https://www.redwoodmaterials.com/  
Headquarters: Nevada  
Page: https://fireround.dev/companies/redwoodmaterials.com

## Verified rounds

| Announced | Round | Amount | Lead investors | Other investors | Sources |
| --- | --- | --- | --- | --- | --- |
| 2025-10-23 | Series D+ | $350 million | Eclipse Capital | NVentures | [redwoodmaterials.com](https://www.redwoodmaterials.com/news/redwood-announces-350-million-series-e-funding), [techcrunch.com](https://techcrunch.com/2025/10/23/redwood-materials-raises-another-350-million-to-power-up-its-energy-storage-business) |
| 2023-08-29 | Series D | over $1 billion | Goldman Sachs Asset Management, Technology Impact Fund, T. Rowe Price Associates | OMERS Ventures, Caterpillar Venture Capital, Climate Innovation Fund, Deepwater Asset Management | [redwoodmaterials.com](https://www.redwoodmaterials.com/news/redwood-series-d), [techcrunch.com](https://techcrunch.com/2023/08/29/redwood-materials-raises-1b-to-expand-us-battery-supply-chain) |
| 2021-07-28 | Series C | $700 million | T. Rowe Price | Goldman Sachs Asset Management, Baillie Gifford, Climate Pledge Fund, Fidelity | [redwoodmaterials.com](https://www.redwoodmaterials.com/news/series-c-funding-700-million), [businessinsider.com](https://www.businessinsider.com/jb-straubel-redwood-materials-raises-700m-for-battery-recycling-2021-7) |

Source: Fireround (https://fireround.dev), an open-source funding feed. Each round is checked against the pages listed with it.