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Ascend Elements announced this week that it has raised $542 million in new investments, which brings the incoming Hopkinsville battery materials facility one step closer to being up and running.
View the Kentucky New Era for Saturday, September 9, 2023
In a landmark funding round, Redwood Materials, the innovative battery recycling firm founded by Tesla Inc. Co-Founder and former Chief Technology Officer JB Straubel, has amassed $1 billion in its Series D round. The round catapults the company's post-money valuation to over $5 billion and raises its total equity capital to $2 billion. The company announced that the capital will be strategically used for enhancing capacity, developing a robust domestic battery supply chain and enabling the sale
Singapore’s Temasek teams up with BlackRock and QIA in $460m sustainable battery push
