Ascend Elements is the leading provider of sustainable, closed-loop battery materials solutions. From EV battery recycling to commercial-scale production of lithium-ion battery precursor (pCAM) and cathode active materials (CAM), Ascend Elements is revolutionizing the production of sustainable lithium-ion battery materials. Its proprietary Hydro-to-Cathode™ direct precursor synthesis technology produces new CAM from spent lithium-ion cells more efficiently than traditional methods, resulting in reduced cost, improved performance, and lowered GHG emissions.

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Funding Events

Date	Amount	Type	Investors	Valuation
10/26/22	$200,000,000	Series C	At One Ventures Doral Energy-Tech Ventures Fifth Wall Gly Capital Management Hitachi Ventures InMotion Ventures Lithium Americas Corporation Mirae Asset Capital Oman Investment Authority Orbia Ventures Shinhan GIB SK ecoplant TDK Ventures Trumpf Ventures	undisclosed
09/07/23	$460,000,000	Series D	Agave Partners Alliance Resource Partners Alumni Ventures Group At One Ventures BHP Ventures Decarbonization Partners Fifth Wall Hitachi Ventures Mirae Asset Venture Investment Qatar Investment Authority Temasek Tenaska	undisclosed
02/20/24	$162,000,000	Series D	Clearvision Ventures IRONGREY Just Climate	undisclosed