Redwood Materials has expanded its Series E to 425 million dollars with strategic backing from Googl...
The AMW Read
The $425M Series E and $6B valuation satisfy cross.§D, while the focus on data-center power bottlenecks and energy storage for compute expansion validates cross.§A as a structural force.
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Redwood Materials has expanded its Series E to 425 million dollars with strategic backing from Google and Nvidia, pushing its valuation past 6 billion dollars. This capital surge targets the critical power bottleneck of AI data centers by repurposing EV batteries into modular energy storage systems. By deploying a projected 20 gigawatt-hours by 2028, Redwood is integrating the automotive and AI supply chains into a circular energy ecosystem. This shift marks a transition where battery recycling evolves into essential infrastructure for global compute expansion. 🔋⚡️
