Ascend Elements

Westborough, MA · Founded 2015 · Privately Held (backing)

Manufacturer of battery materials intended to improve performance, reduce cost, and enhance efficiency. Ascend Elements is based in Westborough, MA and was founded in 2015. It was valued at $1.6 billion at its later-stage round in Feb 2024, the last priced event on record. It has raised $878 million across 3 recorded rounds; the latest was a $460 million later-stage round in Aug 2023.

PMV mark · valuation
$1.6B
Oct 2026
Priced at
its later-stage round
Feb 2024
Total raised
$878.5M
Last round
Later Stage VC
Aug 2023
Cap table — not yet on record

Ascend Elements's share-class structure hasn't surfaced in our sources yet. Cap tables are assembled from certificates of incorporation, round filings, and disclosures as they land.

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Frequently asked about Ascend Elements

Where does Ascend Elements's cap table come from?
Share classes are assembled from certificates of incorporation, priced-round filings, and disclosures across Ascend Elements's 3 recorded funding rounds.