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
What is Ascend Elements worth?
$1.6BPrivateMarketView mark · Oct 2026

Valued at $1.6B at its later-stage round, Feb 2024. Nothing has traded since.

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Valuation timeline

0 priced rounds · 32 daily marks since · Sep 2026 – Oct 2026
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Markrounds hold their value until the next priced eventMark, today
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Ascend Elements funding history

3 rounds
DateRoundRaisedPost-money
Aug 2023Later Stage VC$460.1M▮
Dec 2022Later Stage VC$80.0M▮
Jul 2022Later Stage VC$101.3M▮
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Ascend Elements valuation

Ascend Elements was valued at $1.6 billion at its later-stage round in Feb 2024. That is the last priced event on record: no secondary trade or institutional fund mark has moved the figure since.

How much has Ascend Elements raised?

Ascend Elements has raised $878 million across 3 recorded rounds since 2022. The largest was an $80 million later-stage round in Dec 2022; the most recent was a $460 million later-stage round in Aug 2023.

Ascend Elements has filed 3 Form Ds with the SEC since 2022, most recently in Sep 2023 ($460 million sold to 19 investors).

How Ascend Elements's valuation is determined

Private company valuations aren’t quoted on an exchange — they’re established in moments: a priced funding round sets a post-money valuation, secondary trades print at a price per share, and SEC-registered funds holding the stock report fair-value marks in their N-PORT filings.

For Ascend Elements, the most current credible signal sets the number and the older ones confirm it: a live secondary-market price first, then three or more recent prints, then institutional fund marks, and otherwise the last priced round, which never decays. The valuation is the last round’s post-money moved by the price change since that round, so no share count is assumed. Today it is set by its last priced round. Question about this number? Full methodology →

Frequently asked about Ascend Elements

What is Ascend Elements worth?
Ascend Elements is valued at $1.6B as of Oct 2026. Valued at $1.6B at its later-stage round, Feb 2024. Nothing has traded since.
How much has Ascend Elements raised?
Ascend Elements has raised $878.5M in total funding across 3 recorded rounds.
When did Ascend Elements last raise?
Ascend Elements last raised in Aug 2023 (Later Stage VC), raising $460.1M.