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
Team — not yet on record
No current team members for Ascend Elements are on record yet. People surface from round filings, company disclosures, and coverage sessions.
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·The complete investor list: 41 names
·Watch Ascend Elements: the Monday email on marks, rounds and moves
