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Benzinga
Benzinga
Business
Badar Shaikh

Tesla Co-Founder JB Straubel's Redwood Materials Secures $350 Million In Latest Funding Round

JB Straubel Redwood Redwood Materials Gene Munster Nasdaq Nvidia Tesla Inc. Nvidia Corp Donald Trump Nevada
Tesla

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 Solutions

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