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Ascend Elements

Ascend Elements

Private
Westborough, MassachusettsFrontier & Industrial Techhttps://www.ascendelements.com

Last Round

Series D

Extension

Feb 21, 2024

Est. Valuation

$1.5B

Total Funding Raised

$1.26B

Momentum

Top 10%

of companies Caplight tracks

Company Overview

Ascend Elements is a clean technology company specializing in innovative battery resource solutions that transform end-of-life lithium-ion batteries into new cathode materials through advanced hydro process and direct recycling methods.

Sector

Frontier & Industrial Tech

Verticals

Advanced Materials, Energy Storage, Sustainable Materials, Circular Economy, Electric Vehicles

Business Model

B2B

Customer Profile

Services & Consulting, Government Contracts

AI Layer

Non-AI

Keywords

cathode precursorpCAMcathode active materialsCAMlithium-ion battery recyclingHydro-to-Cathodecircular supply chainengineered battery materialsurban miningdirect precursor synthesissustainable battery materialsEV battery supply chainclosed-loop manufacturinglithium carbonatedomestic supply chain

Historical Pricing

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Caplight Momentum Score

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Ascend Elements Comparables

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Ascend Elements comparables — related companies by embedding similarity
CompanySimilarityMarket Cap
Redwood Materials
86%
Cirba Solutions
82%
Princeton NuEnergy
82%

Ascend Elements Funding Rounds

Historical fundraising activity

Data table
RoundDateAmount RaisedValuationInvestorsSources
Series D ExtensionFeb 21, 2024
Series DSep 6, 2023
GrantOct 19, 2022
Series CSep 7, 2022
DebtSep 7, 2022
Series B
Aug 24, 2021

Key People

Founding team and executive leadership

Eric Gratz

Co-Founder And Chief Technical Officer

Founding Team

Andrew Aberdale

Chief Financial Officer

Executive Team

Ascend Elements Investors

Notable investors and investment history

Ascend Elements investors
InvestorRounds
Just ClimateSeries D, Series D Extension
TemasekSeries D, Series D Extension
Mirae AssetSeries D
HV FundSeries C, Series B
Oman Investment AuthoritySeries C
Massachusetts Clean Energy CenterGrant
TRUMPF VentureSeries A, Series B

Market signals

Structured signals derived from secondary market and firmographic data.

  • Apr 14, 2026

    Constructing a 1 million-square-foot facility in Kentucky.

  • Apr 12, 2026

    Battery recycling startup files for bankruptcy due to financial setbacks.

Ascend Elements Filings

SEC and related filings with document metadata.

Data table
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Ascend Elements Filings

SEC and related filings with document metadata.

Frequently Asked Questions

Common questions about Ascend Elements's valuation, stock price, and market status.

Firmographic Details

HeadquartersWestborough, Massachusetts
Employee Range148
Year Founded2015
Last FundingFeb 21, 2024

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