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Ascend Elements

Ascend Elements

Private
Westborough, MassachusettsEnergy & Sustainabilityhttps://ascendelements.com

Last Round

Series D

Extension

Feb 21, 2024

Est. Valuation

$1.5B

Total Funding Raised

$1.26B

Momentum

Top 50%

of companies Caplight tracks

Company Overview

Ascend Elements is a clean technology company that provides sustainable, closed-loop battery material solutions by transforming end-of-life lithium-ion batteries into new cathode materials.

Sector

Energy & Sustainability

Verticals

Energy Storage, Circular Economy, Advanced Materials, Electric Vehicles, Waste Management

Business Model

B2B

Customer Profile

Hardware Sales, Government Contracts, Services & Consulting

AI Layer

Non-AI

Keywords

battery recyclingcathode active materialCAMprecursor cathode active materialpCAMlithium-ion battery recyclingbattery mineral recoverycircular economybattery supply chainEV battery materialsurban miningbattery scrap processingclean-tech manufacturingbattery insolvency

Historical Pricing

Historical view of private secondary pricing and transaction trends.

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Caplight Momentum Score

Proprietary index based on bid/ask volume and sentiment.

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Track how buyer interest and sentiment changes over time.

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Ascend Elements Comparables

Compare Ascend Elements with similar companies based on industry and business-model similarity.

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

Founding team and executive leadership

Eric Gratz

Co-Founder and Chief Technical Officer

Founding Team

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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
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Market signals

Structured signals derived from secondary market and firmographic data.

  • Jul 28, 2026

    Monthly visitors increased 57% MoM.

  • Apr 14, 2026

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

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Recent news

Latest coverage and updates

  • expands_facilitiesSep 10, 2026

    Ascend Elements, Inc. expands its Covington recycling facility in Georgia with a lithium recovery line following its 2022 opening.

  • sells_assets_toSep 1, 2026

    In Jul '26, Ascend Elements, Inc. sells the 154,000-square-foot facility in Georgia to R3 Lithium Inc. for an undisclosed amount, completing the transaction.

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Ascend Elements Filings

Explore SEC and related filing metadata, where available.

Ascend Elements filings preview — column headings only; records require access
TypeDateAmount OfferedAmount SoldFilingPagesDownload

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Frequently Asked Questions

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

Is Ascend Elements a public or private company?

Ascend Elements is a private company.

What is the current stock price of Ascend Elements?

Ascend Elements is a private company, so its shares have no public market price. Caplight tracks Ascend Elements's secondary market activity and provides MarketPrice™ estimates of its share price to Caplight users.

How much is Ascend Elements worth (valuation)?

Ascend Elements's valuation is estimated at $1.5B based on funding round data.

Can I buy Ascend Elements stock?

Ascend Elements shares may be available on secondary markets subject to transfer restrictions. Caplight facilitates secondary market transactions for accredited investors.

When was Ascend Elements's last funding round?

Ascend Elements's most recent funding round was Series D Extension on February 21, 2024.

Who are the main investors in Ascend Elements?

Key investors in Ascend Elements include Temasek, Massachusetts Clean Energy Center, Clearvision Ventures, Decarbonization Partners, InMotion Ventures.

Will Ascend Elements IPO soon?

No public IPO plans have been announced for Ascend Elements.

How can I track Ascend Elements secondary market activity?

Caplight tracks bids, offers, and trades in Ascend Elements's shares on secondary markets.

Firmographic Details

HeadquartersWestborough, Massachusetts
Employee Range78
Year Founded2015
Last FundingFeb 21, 2024

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