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Ascend Elements

Last funding round

Raised
$162,000,000
Round
Series D
Investors
Led by Just Climate,Clearvision Ventures,IRONGREY

Funding News (4)

Feb 20 2024VC Newsdaily

Startup details

Ascend Elements

Ascend Elements is a provider of sustainable, closed-loop battery materials solutions, specializing in EV battery recycling and commercial-scale production of lithium-ion battery precursor (pCAM) and cathode active materials (CAM). The company's proprietary Hydro-to-Cathode® direct precursor synthesis technology enables efficient production of new pCAM from spent lithium-ion cells, resulting in reduced cost, improved performance, and lowered GHG emissions.
ascendelements.com
Westborough, Massachusetts, United States
Established in 2015
201-500 People
Industrials, Energy

Founders

Mike O'Kronley

Mike O'Kronley

Chief Executive Officer

Ex: A123 Systems, Metaldyne, MJZ Custom Builders LLC, Robert Bosch

Detroit, Michigan, United States

Investment details

Total Funding
$704,000,000
Raised
$162,000,000
Round
Series D
Investors
Just Climate
LEAD
Clearvision Ventures
LEAD
IRONGREY
LEAD

Funding News (3)

Feb 20 2024PR Newswire
Feb 20 2024FinSMEs
Feb 20 2024Recycling Today

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Dr. Sterghois Moschos, PulmoBioMed

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