Tech Company Financing Transactions
Redwood Materials Funding Round
T. Rowe Price, Amazon and Baillie Gifford joined a $700 million funding round for Redwood Materials. The round was announced by the company on 7/29/2021.
Transaction Overview
Company Name
Announced On
7/29/2021
Transaction Type
Venture Equity
Amount
$700,000,000
Round
Undisclosed
Investors
Proceeds Purpose
The funds will be used to triple the size of Redwood's current Carson City, Nevada, operations, build an additional processing facility on a 100-acre site it owns and hire more than 500 more workers.
Company Information
Company Status
Private & Independent
Industry
Environmental
Mailing Address
2801 Lockheed Way
Carson City, NV 89706
USA
Carson City, NV 89706
USA
Phone
Undisclosed
Website
Email Address
Overview
Redwood Materials is an advanced technology and process development for materials recycling, re-manufacturing, and reuse. Redwood has an appreciation for the incredible scale of materials involved in the transition of the whole world to sustainable energy and we know it is not too early to plan for un-manufacturing the many Gigawatt-hours of batteries being built today.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
JB Straubel
Chief Financial Officer
Jason Thompson
Chief Operating Officer
Kevin Kassekert
Vice President
Alexis Georgeson
VP - Bus. Development
Odd-Even Bustnes
VP - Engineering
Paul Voigt
VP - Manufacturing
Brian Schupbach
VP - Product Management
David Okawa
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Next: 7/29/2021: BioIntelliSense venture capital transaction
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