Redwood Materials loses COO amid layoffs, restructuring
Former Tesla executive Chris Lister is retiring, and at least three other VPs have left Redwood around the recent restructuring, TechCrunch has learned.
Redwood attracts Google for its $425M Series E as AI power needs rise
Google is the latest investor to back Redwood Materials as the battery recycling startup scales a new energy storage venture to power AI data centers and other industrial sites.
Redwood Materials reportedly cuts 5% of staff after $350M raise
The battery recycling and cathode production company, founded by former Tesla CTO JB Straubel, has started using recycled battery materials to create energy storage solutions for AI data centers.
Tesla alum’s Heron Power closes $38M Series A to transform key grid technology
Heron Power is developing solid-state transformers, which promise to be more compact and responsive than the century-old analog models.