Redwood Materials
Updated: November 20, 2025
Founder JB Straubel
Country: USA | Funding: $4.2B (+)
Website: https://www.redwoodmaterials.com/
Redwood Materials is a leading battery and electronics recycling company. Founded by Tesla co-founder JB Straubel, the company's primary business is electric vehicle battery recycling. But in addition to car batteries, it recycles phones, laptops, tablets, power tools and any other lithium-ion-containing devices - to recover critical minerals such as lithium, nickel, cobalt, and copper. The company also uses old batteries to create own energy storage systems that supply electricity to data centers and the national power grid. The company also offers the creation of corporate and municipal energy storages. Thanks to using the most affordable domestic batteries, combining used and new batteries and simplifying installation and system design, it offers the most cost-effective energy storage systems on the market.
Website: https://www.redwoodmaterials.com/
Redwood Materials is a leading battery and electronics recycling company. Founded by Tesla co-founder JB Straubel, the company's primary business is electric vehicle battery recycling. But in addition to car batteries, it recycles phones, laptops, tablets, power tools and any other lithium-ion-containing devices - to recover critical minerals such as lithium, nickel, cobalt, and copper. The company also uses old batteries to create own energy storage systems that supply electricity to data centers and the national power grid. The company also offers the creation of corporate and municipal energy storages. Thanks to using the most affordable domestic batteries, combining used and new batteries and simplifying installation and system design, it offers the most cost-effective energy storage systems on the market.
