Redwood Materials

Other Materials · Carson City, NV · Founded 2017 · Privately Held (backing)

Operator of a battery-materials platform intended to build a domestic closed-loop supply chain for lithium-ion batteries. Redwood Materials is based in Carson City, NV and was founded in 2017. It is valued at about $4.9 billion as of Oct 2026, set by secondary market price, down 19% since its later-stage round in Jan 2026. It has raised $2.2 billion across 10 recorded rounds; the latest was a $425 million Series E in Jan 2026.

PMV mark · valuation
$4.9B
Oct 2026
Secondary market · $/share
$37
Total raised
$2.2B
Last round
Later Stage VC (Series E)
Jan 2026

Redwood Materials key facts

as of Oct 2026
  • Operator of a battery-materials platform intended to build a domestic closed-loop supply chain for lithium-ion batteries.
  • Redwood Materials is valued at approximately $4.9B (~$37/share on the secondary market) as of Oct 2026, down 19% since its later-stage round, Jan 2026, per PrivateMarketView’s mark.
  • It has raised $2.2B across 10 recorded rounds; the latest was Later Stage VC (Series E) ($425.0M) in Jan 2026.
  • Notable investors include Coatue Management, Valor Equity Partners, Collaborative Fund, Breakthrough Energy, Goldman Sachs Asset Management — 49 tracked in total.
  • 2 institutional filers report fund marks on Redwood Materials across 39 filings.
  • Redwood Materials has filed 5 Form Ds with the SEC since 2017, most recently Dec 2022 ($153.9M sold to 19 investors).
  • Status: Privately Held (backing).
PrivateMarketView mark
MEDIUM confidence
$4.9B~$37 per share · secondary market

Down 19% since its later-stage round, Jan 2026 ($6.0B post-money).

set by secondary market priceconfirmed by fund marksas of Oct 2026question about this number?
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  • ·Post-money valuations for 4 rounds
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Secondary market

monthly marks · 46 months · Jan 2023 – Oct 2026
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Jan 2023marks: indicative $/share, month-end · as of Oct 15, 2026Oct 2026
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Institutional fund marks on Redwood Materials

2 filers · latest Jul 2026

2 SEC-registered funds reported 39 fair-value marks on Redwood Materials between Apr 2025 and Jul 2026. Filer-level marks and implied $/share are available to Pro members.

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Redwood Materials funding rounds

10 rounds
Jan 2026Later Stage VC (Series E)$425.0M▮
Aug 2023Later Stage VC (Series D)$1.0B▮
Feb 2023Capital Spending$2.0B▮
Jun 2022Accelerator/Incubator—▮
Jun 2022Debt$153.9MSEC filing▮

Redwood Materials leadership

Redwood Materials valuation

Redwood Materials is valued at approximately $4.9 billion as of Oct 2026. The figure is set by secondary market price and confirmed by fund marks. The secondary market quotes about $37 per share. The reference point is its later-stage round in Jan 2026, at a $6 billion post-money valuation; the current figure is down 19% since.

Redwood Materials ranks 34th by valuation and 19th by capital raised among the private companies PrivateMarketView tracks.

Recent activity

In the last 90 days, Redwood Materials's record added 7 institutional fund marks (latest period Jul 2026).

How much has Redwood Materials raised?

Redwood Materials has raised $2.2 billion across 10 recorded rounds since 2017. The largest was a $777 million Series C in Aug 2021; the most recent was a $425 million Series E in Jan 2026. 4 of the rounds disclosed a post-money valuation.

Redwood Materials has filed 5 Form Ds with the SEC since 2017, most recently in Dec 2022 ($154 million sold to 19 investors).

Redwood Materials secondary market activity

A monthly secondary-market price series for Redwood Materials runs from Jan 2023 to Oct 2026 (46 months).

Institutional holders and vehicles

2 SEC-registered funds reported 39 fair-value marks on Redwood Materials between Apr 2025 and Jul 2026, in their N-PORT filings. The latest fund marks confirm the current valuation. Filer-level marks and implied per-share values are available to Pro members.

Redwood Materials investors

49 investors are on record for Redwood Materials, including Coatue Management, Valor Equity Partners, Collaborative Fund and Breakthrough Energy. By type, the record holds 18 venture capital firms and 3 asset managers. The Series E in Jan 2026 drew 16 investors.

Who runs Redwood Materials

5 people are listed on the Redwood Materials team: 4 executives and 1 board member, including Chris Lister (Chief Operating Officer) and Cal Lankton (Chief Commercial Officer). 5 of them have a verified direct contact on file.

Comparable companies

Comparable other materials names by valuation on PrivateMarketView: Group14 Technologies ($3.3 billion), Sila ($2 billion) and Periodic Labs ($1.3 billion).

About Redwood Materials

Operator of a battery-materials platform intended to build a domestic closed-loop supply chain for lithium-ion batteries. The company offers recycling of end-of-life batteries and production scrap, refining of critical elements (lithium, nickel, cobalt, copper), and deployment of large-scale energy-storage systems using second-life battery packs, enabling manufacturers and utilities to source recycled materials and storage capacity while reducing dependence on new mining and foreign supply chains.

Industry
Other Materials
Sector
Energy
HQ
Carson City, NV, United States
Founded
2017
Employees
1,200
Ownership
Privately Held (backing)

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