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$162m

Valuation: $1.5b

Series D
Total Funding000k

Recent News about Ascend Elements

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Ascend Elements is a pioneering startup that operates in the sustainable energy sector, specifically focusing on lithium-ion battery materials and recycling. The company serves clients in the electric vehicle (EV) battery manufacturing industry, providing them with high-value materials reclaimed from spent lithium-ion batteries.

Ascend Elements has developed a patented process called Hydro-to-Cathode® direct precursor synthesis. This innovative process transforms waste from used lithium-ion batteries and manufacturing scrap into valuable materials for future EV batteries. The company's approach is not just about recycling; it's about upcycling. They take discarded batteries and transform them into premium cathode active materials, all while reducing costs and carbon emissions.

The company's business model is centered around sustainability and value creation. They don't just produce commodity metals; they use advanced particle engineering techniques to create highly engineered precursor and cathode active materials that meet client specifications. Ascend Elements also offers full-service logistics, materials-tracking, and customer support services to simplify their clients' pursuit of greater sustainability and higher value.

In essence, Ascend Elements is a company that turns e-waste into critical battery materials, providing a sustainable solution for the EV battery industry. They are driving the industry towards a more sustainable future by raising the value of critical elements like lithium, cobalt, and nickel, and reducing cost and carbon emissions.

Keywords: Sustainable Energy, Lithium-ion Batteries, Recycling, Electric Vehicle Batteries, Hydro-to-Cathode® Process, Upcycling, Cathode Active Materials, Advanced Particle Engineering, E-Waste, Carbon Emission Reduction.

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Investments by Ascend Elements

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