World News
Battery recycling heats up with Ascend Elements’ $542M Series D on September 11, 2023 at 9:04 pm
Venture funding for battery recycling startups is popping off lately, and the latest to see the IRA-driven upside is Ascend Elements, which announced a massive $542 million in Series D funding on top of $480 million in earlier DoE grants. The eight-year-old company recycles lithium batteries into black mass and produces cathode active materials (CAM) […]
Venture funding for battery recycling startups is popping off lately, and the latest to see the IRA-driven upside is Ascend Elements, which announced a massive $542 million in Series D funding on top of $480 million in earlier DoE grants. The eight-year-old company recycles lithium batteries into black mass and produces cathode active materials (CAM)