Ascend Elements Secures $542 Million for Battery Materials Production in US

The company will construct a sustainable cathode precursor & cathode active material manufacturing facility

September 7, 2023

/ Market & Policy, Other, Renewable Energy

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Ascend Elements, a lithium-ion battery recycling and engineered materials company has raised $542 million in new equity investments. The funding includes $460 million from its Series D investments and an additional $82 million from earlier this year.

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Gautamee Hazarika

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Ascend Elements Secures $542 Million for Battery Materials Production in US

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