Ascend Elements

Ascend Elements is revolutionizing the production of sustainable lithium-ion battery materials through its closed-loop system. They recycle EV batteries and produce sustainable cathode precursor (pCAM) and cathode active materials (CAM) using their patented Hydro-to-Cathode technology, reducing costs and carbon emissions while enhancing battery performance.

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Funding Round: Series D

Funding Amount: $162M

Date: 20-Feb-2024

Investors: Just Climate, Clearvision Ventures, IRONGREY

Markets: Cleantech, Battery Technology, Sustainability, Advanced Materials, Energy Storage, Manufacturing

HQ: Westborough, Massachusetts, United States

Founded: 2015

Website: https://ascendelements.com/

LinkedIn: https://www.linkedin.com/company/ascendelements

Twitter: https://twitter.com/AscendElements

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