Connect with us

Bloomberg Technology

Battery Startup Redwood Materials Tops $6 Billion Valuation

Battery recycling startup Redwood Materials raises $350 million, pushing its valuation past $6 billion, according to sources. JB Straubel, CEO of Redwood Materials, joins Caroline Hyde and Ed Ludlow on “Bloomberg Tech.” ——– Like this video? Subscribe to Bloomberg Technology on YouTube:   Watch the latest full episodes of “Bloomberg Technology” with Caroline Hyde and…

Published

on

Battery recycling startup Redwood Materials raises $350 million, pushing its valuation past $6 billion, according to sources. JB Straubel, CEO of Redwood Materials, joins Caroline Hyde and Ed Ludlow on “Bloomberg Tech.”
——–
Like this video? Subscribe to Bloomberg Technology on YouTube:

 
Watch the latest full episodes of “Bloomberg Technology” with Caroline Hyde and Ed Ludlow here:

 
Get the latest in tech from Silicon Valley and around the world here:

Connect with us on…
X:
Facebook:
Instagram:
 
Follow Ed Ludlow on X here:
Follow Caroline Hyde on X here:
 
Listen to the daily Bloomberg Technology podcast here:

 
More from Bloomberg Business
Connect with us on…
X:
Facebook:
Instagram:
LinkedIn:
TikTok:

Continue Reading
Advertisement
6 Comments

6 Comments

  1. @TheGamblerGomez4097

    October 23, 2025 at 5:17 pm

    Does anyone know if Redwood Materials will buid a recycling facility in South Carolina?

    • @witness1013

      October 23, 2025 at 5:34 pm

      no – they will not

  2. @witness1013

    October 23, 2025 at 5:34 pm

    Love these guys

  3. @norn7364

    October 23, 2025 at 7:19 pm

    Too bad venture capitalists (rich people) don’t understand that complicated endeavors like battery startups aren’t possible in America because the supply chain does not exist. It works in China because you can find 10 factories within a 30km radius making the exact part you need. Until then, these entrepreneurs know that there will be unlimited free money that they can siphon from rich folks into their own salary and job that they created.

    • @TeslaSpaceX

      October 23, 2025 at 8:45 pm

      Neither are car startups. right?

      Let me introduce you to JB Straubel, Co-founder of small American car manufacturer.

      They make their own batteries too, so complex…I know.

  4. @Companiesinnovating

    October 23, 2025 at 8:44 pm

    One of the big points to pick up that was alluded to but not directly spoken about is that many batteries that Redwood receives are not ready to be recycled. They still have life in the batteries, hence why JB created this second revenue stream.

Leave a Reply

Your email address will not be published. Required fields are marked *

Bloomberg Technology

Nvidia Invests $2B in Marvell, Deepens Partnership | Bloomberg Tech 3/31/2026

Bloomberg’s Matt Miller takes a look at Nvidia’s $2 billion investment in Marvell, part of an agreement to collaborate on silicon photonics technology. Plus, the debt binge fueling the AI boom continues, with CoreWeave raising $8.5 billion from banks and investors to expand its cloud capacity. And, the CEO of wearables startup Whoop discusses the…

Published

on

Bloomberg’s Matt Miller takes a look at Nvidia’s $2 billion investment in Marvell, part of an agreement to collaborate on silicon photonics technology. Plus, the debt binge fueling the AI boom continues, with CoreWeave raising $8.5 billion from banks and investors to expand its cloud capacity. And, the CEO of wearables startup Whoop discusses the company’s new $10.1 billion valuation after its latest funding round.
——–
“Bloomberg Technology” is our daily news program focused exclusively on technology, innovation and the future of business hosted by Ed Ludlow from San Francisco and Caroline Hyde in New York.

Like this video? Subscribe and turn on the notifications for Bloomberg Technology on YouTube:

Watch the latest full episodes of “Bloomberg Technology” with Caroline Hyde and Ed Ludlow here:

Get the latest in tech from Silicon Valley and around the world here:

Follow Ed Ludlow on Twitter here:
Follow Caroline Hyde on Twitter here:

Connect with us on…
Twitter:
Facebook:
Instagram:

Continue Reading

Bloomberg Technology

What To Expect From the Artemis II Launch

NASA says there’s an 80% chance the Artemis II mission will launch on Wednesday from Cape Canaveral in Florida. Bloomberg’s Loren Grush is there with more on what to watch for. ——– Like this video? Subscribe to Bloomberg Technology on YouTube:   Watch the latest full episodes of “Bloomberg Technology” with Caroline Hyde and Ed…

Published

on

NASA says there’s an 80% chance the Artemis II mission will launch on Wednesday from Cape Canaveral in Florida. Bloomberg’s Loren Grush is there with more on what to watch for.
——–
Like this video? Subscribe to Bloomberg Technology on YouTube:

 
Watch the latest full episodes of “Bloomberg Technology” with Caroline Hyde and Ed Ludlow here:

 
Get the latest in tech from Silicon Valley and around the world here:

Connect with us on…
X:
Facebook:
Instagram:
 
Follow Ed Ludlow on X here:
Follow Caroline Hyde on X here:
 
Listen to the daily Bloomberg Technology podcast here:

 
More from Bloomberg Business
Connect with us on…
X:
Facebook:
Instagram:
LinkedIn:
TikTok:

Continue Reading

Bloomberg Technology

Rivian Electric Bike Spinoff Signs Deal with DoorDash

Electric bike startup Also, which spun out of carmaker Rivian, reached a $1 billion valuation in a new funding round and struck a partnership with DoorDash to work on autonomous deliveries. Also’s co-founder and President Chris Yu speaks with Matt Miller on “Bloomberg Tech.” ——– Like this video? Subscribe to Bloomberg Technology on YouTube:  …

Published

on

Electric bike startup Also, which spun out of carmaker Rivian, reached a $1 billion valuation in a new funding round and struck a partnership with DoorDash to work on autonomous deliveries. Also’s co-founder and President Chris Yu speaks with Matt Miller on “Bloomberg Tech.”
——–
Like this video? Subscribe to Bloomberg Technology on YouTube:

 
Watch the latest full episodes of “Bloomberg Technology” with Caroline Hyde and Ed Ludlow here:

 
Get the latest in tech from Silicon Valley and around the world here:

Connect with us on…
X:
Facebook:
Instagram:
 
Follow Ed Ludlow on X here:
Follow Caroline Hyde on X here:
 
Listen to the daily Bloomberg Technology podcast here:

 
More from Bloomberg Business
Connect with us on…
X:
Facebook:
Instagram:
LinkedIn:
TikTok:

Continue Reading

Trending