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Tesla Co-Founder JB Straubel's Redwood Materials Secures $350 Million In Latest Funding Round - Tesla (NASDAQ:TSLA)
Benzingaยท 2025-10-24 09:55
Redwood Materials, a battery recycling and energy storage startup based in Nevada, founded by JB Straubel, a Tesla Inc. (NASDAQ:TSLA) co-founder, raised over $350 million in its latest funding round. The company had previously raised $1 billion in Series D funding and is also backed by Nvidia Corp. (NASDAQ:NVDA).Redwood Adds $350 Million To Grow Energy Storage SolutionsSharing the update on the social media platform X on Thursday, the company hailed the successful funding round. "We've closed a $350M Series ...