Battery recycling firm Redwood raises $350 million from Eclipse Ventures, Nvidia

(Reuters) -Battery recycling firm Redwood Materials said on Thursday it has closed a $350 million funding round led by venture capital firm Eclipse Ventures, with participation from new investors including Nvidia's investment arm, NVentures. The fundraise for Redwood comes at a time when boosting domestic supply of critical materials has become a priority for several countries around the world, while growing use of artificial intelligence technologies have resulted in massive energy demand. Nevada-based ...