Redwood Materials reportedly cuts 5% of staff after $350M raise
Fresh off a $350 million raise, battery recycler and cathode-maker Redwood Materials is reportedly cutting around 5% of its workforce,…
Tag: Redwood
JB Straubel’s Redwood snags $350M to deploy more US-made battery storage
Photo: Redwood Materials Redwood Materials, founded by former Tesla CTO and cofounder JB Straubel, has raised $350 million in new funding…
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…
Redwood Materials raises another $350M to power up its energy storage business
Battery recycling and cathode production company Redwood Materials has raised $350 million as it grows its new energy storage business…
Charged EVs | GM and Redwood Materials to pursue use of US-built batteries for energy storage
General Motors has signed a non-binding memorandum of understanding with Redwood Materials to accelerate deployment of energy storage systems using…
Charged EVs | GM and Redwood Materials to pursue use of US-built batteries for energy storage
General Motors has signed a non-binding memorandum of understanding with Redwood Materials to accelerate deployment of energy storage systems using…
Redwood is repurposing GM’s EV batteries into energy storage
Image: GM General Motors and Redwood Materials are joining forces to take EV battery tech beyond the road and onto…
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…
JB Straubel’s Redwood launches energy business focused on second-life EV batteries
Redwood Materials, the battery recycling firm founded by Tesla co-founder JB Straubel, has launched a new venture called Redwood Energy.…
Crusoe, Redwood Partner on Data Center Powered by Used Batteries
It’s the world largest deployment of batteries on their second life and shows the lengths cloud operators are going to…