Ascend Elements

Sustainable engineered battery materials for the road to net zero. EV battery recycling & U.S.-made pCAM/CAM materials.

General Information
Company Name
Ascend Elements
Founded Year
2015
Location (Offices)
Westborough, United States +2
Founders / Decision Makers
Number of Employees
248
Industries
Manufacturing, Sustainability, Energy Storage
Funding Stage
Series D
Social Media

Ascend Elements - Company Profile

Ascend Elements is a company based in Westborough, Mass., that specializes in sustainable engineered battery materials. Its slogan "Sustainable engineered battery materials for the road to net zero. EV battery recycling & U.S.-made pCAM/CAM materials" encapsulates its commitment to sustainability and innovation. Established in 2015, the company operates in the Manufacturing, Sustainability, and Energy Storage sectors, with a focus on revolutionizing the production of sustainable lithium-ion battery materials.

Key to their approach is the proprietary Hydro-to-Cathode® direct precursor synthesis technology, which enables the more efficient production of lithium-ion battery precursor (pCAM) and cathode active materials (CAM) from spent lithium-ion cells. This innovation has led to significant environmental benefits, with up to 90% lower GHG emissions compared to traditional methods. Notably, Ascend Elements received a substantial $162.00M Series D investment on 20 February 2024 from Clearvision Ventures, Just Climate, Irongrey, indicating strong support from influential investors.

Overall, Ascend Elements stands at the forefront of advancing sustainability in the lithium-ion battery industry. By reducing batteries going to landfill and implementing a cleaner manufacturing process, the company is driving the industry toward a higher level of sustainability, aligning with the global efforts to mitigate climate change and achieve a net-zero future.

Taxonomy: EV battery recycling, sustainable materials, closed-loop battery, lithium-ion battery, precursor synthesis, GHG emissions reduction, battery materials, hydroprocess recycling, direct recycling, green energy, energy storage, reclaimed materials, sustainable manufacturing

Funding Rounds & Investors of Ascend Elements (14)

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Funding Stage Amount No. Investors Investors Date
Series D $162.00M 4 Irongrey 20 Feb 2024
Series D $542.00M 10 Decarbonization Partners 06 Sep 2023
Series D $82.00M 2 Alumni Ventures 01 May 2023
Series C $200.00M 10 TDK Corporation, Lithium Americas 26 Oct 2022
Debt Financing $100.00M - 26 Oct 2022

View All 14 Funding Rounds

Latest News of Ascend Elements

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