StoryFunding
Redwood completes $425M Series E with Google joining, valuing it above $6B
Redwood Materials closed its Series E at $425M (increased from the initially announced $350M), above a $6B valuation. Google joined as a new investor alongside existing backers Capricorn and Goldman Sachs Alternatives. The capital accelerates the energy storage platform while strengthening integrated recycling and critical minerals operations.
- Series E closed at $425M (up from initial $350M announcement); valuation above $6B.
- Google joined as new investor; existing investors Capricorn and Goldman Sachs Alternatives reinvested.
- Capital to accelerate energy storage platform and strengthen integrated recycling and critical minerals business.